Mexico Gross Domestic Product (GDP) by Year (1961–2023)

Mexico Gross Domestic Product (GDP) by Year (1961–2023)

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TGM StatBox. (2024). Mexico Gross Domestic Product (GDP) by Year (1961–2023). TGM StatBox.
Chart Details
Timeframe: 1960-2023
Country: Mexico
Published date: 2024
Note: The GDP data in the context of the World Development Indicators (WDI) refers to the information provided by the World Bank that tracks a country's Gross Domestic Product (GDP) and related economic metrics.
Key Takeaways
Mexico’s GDP showcases steady growth, supported by oil revenues, trade agreements, and diversification. From $14.1 billion in 1961, GDP rose to $205 billion in 1980, driven by an oil boom. However, the 1982 debt crisis caused a contraction, with GDP falling to $134 billion by 1986.

NAFTA's implementation in 1994 accelerated growth, with GDP reaching $742 billion by 2000. Despite setbacks during the 2008 financial crisis, GDP rebounded, hitting $1.78 trillion in 2023, supported by exports, manufacturing, and trade integration with the United States and Canada.

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