Mexico real GDPMexico real GDPMexico real GDP

Mexico real GDP

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Key data points

Last release
Next release
Time to release
Forecast
Observation period
Q4 2023
Highest
‪25.21 T‬MXNDec 31, 2023
Lowest
‪9.74 T‬MXNJun 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 25.215 T MXN, and the quarter before that it reached 25.194 T MXN.