Mexico real GDPMexico real GDPMexico real GDP

Mexico real GDP

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Key data points


Last release
Observation period
Q2 2024
Next release
Forecast
Highest
‪25.59 T‬MXN on Dec 31, 2023
Lowest
‪13.23 T‬MXN on Jun 30, 1995

About Mexico real GDP



Frequently Asked Questions


Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. Then nominal GDP (GDP adjusted for inflation) is divided by this deflator, yielding real GDP. Nominal GDP is usually higher than real GDP because inflation is typically a positive number.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
Last quarter Mexico real GDP was 25.267 T MXN, and the quarter before that it reached 25.227 T MXN.