Macroeconomic Outlook Report: Mexico
Summary
Mining, manufacturing, and utility activities contributed 26.2% to Mexico’s gross value added (GVA) in 2024, followed by wholesale, retail, and hotels business activities (23.9%), and financial intermediation, real estate, and business activities (16.2%). In nominal terms, the three sectors are forecast to grow by 6.5%, 7.6%, and 7.4%, respectively, in 2025.
According to GlobalData estimates, five major federal entities in Mexico generated approximately 36.0% of the country’s GDP and accounted for 27.6% of the country’s population in 2024.
The MEXBOL Index has been on a volatile and decreasing trend. As of January 2, 2025, the index stood at 49,513.3, compared to 56,980.5 on January 2, 2024.
Scope
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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