MEX · Latin America & Caribbean / Latin America & Caribbean (excluding high income)

Location

GDP per capita: 14,158 USD (PPP: 25,688 intl$) (2024)

Income and purchasing power

The average monthly income in Mexico is 1,067 USD per month. This compares to prices and purchasing power compared to the United States.

Compare cost of living and purchasing power →

Cost of Living

Cost of living indices are relative to New York City (NYC = 100). Lower index means lower costs. Data as of November 2025.

Cost of Living Index
35.0
Est. monthly cost: $1,225
65.0% cheaper than NYC
Rent Index
15.0
1-bedroom, center: $420/month
85.0% cheaper than NYC
Groceries Index
38.0
Per person/month: $171
62.0% cheaper than NYC
Restaurant Price Index
42.0
Mid-range meal: $9
Purchasing Power Index
48.0
52.0% lower than NYC
(Higher is better)

How to read: All indices are relative to New York City (NYC = 100). An index of 70 means costs are 30% lower than NYC. Estimated prices are calculated based on NYC reference prices.

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Economic performance 2024

Indicator Value Per Capita
Gross National Product (GNI) 12,800 USD
GDP (PPP) 25,688 intl$

Largest economic sectors

The main economic sectors in Mexico play a crucial role in the country's economic development and prosperity. These industries contribute significantly to GDP, employment, and overall economic stability.

Primary Sectors

  • Banking and financial services
  • Construction and real estate
  • Manufacturing (metals, steel)
  • Information technology

Supporting Sectors

  • Logistics and transportation
  • Tourism and hospitality
  • Agriculture and food processing
  • Energy and utilities

Note: Detailed sector breakdown data is being collected and will be updated soon.

Imports and Exports 2024

Indicator Mexico Per Capita

Household debt and deficits 2024

Indicator Mexico
Government debt 45.1% of GDP

Corruption in Mexico

The Corruption Perceptions Index (CPI) measures the perceived levels of public sector corruption. The scale ranges from 0 (highly corrupt) to 100 (very clean).

Corruption Perceptions Index
31.0
Year: 2024
Corrupt
Scale: 0-100
Data source: Transparency International

Unemployment rates in percentages 1991 - 2024

The unemployment rate is calculated as the percentage of unemployed persons in the total labor force. Data source: ILOSTAT

Year Unemployment Rate (%)
2024 2.7%
2023 2.8%
2022 3.3%
2021 4.0%
2020 4.4%
2019 3.5%
2018 3.3%
2017 3.4%
2016 3.9%
2015 4.3%
2014 4.8%
2013 4.9%
2012 4.9%
2011 5.2%
2010 5.3%
2009 5.4%
2008 3.9%
2007 3.6%
2006 3.6%
2005 3.6%
2004 3.9%
2003 3.5%
2002 3.0%
2001 2.6%
2000 2.6%
1999 2.6%
1998 3.7%
1997 4.2%
1996 5.5%
1995 7.1%
1994 4.4%
1993 3.4%
1992 3.2%
1991 3.1%

Inflation rates in percentages 1970 - 2024

Year Inflation Rate (%)
2024 4.7%
2023 5.5%
2022 7.9%
2021 5.7%
2020 3.4%
2019 3.6%
2018 4.9%
2017 6.0%
2016 2.8%
2015 2.7%
2014 4.0%
2013 3.8%
2012 4.1%
2011 3.4%
2010 4.2%
2009 5.3%
2008 5.1%
2007 4.0%
2006 3.6%
2005 4.0%
2004 4.7%
2003 4.5%
2002 5.0%
2001 6.4%
2000 9.5%
1999 16.6%
1998 15.9%
1997 20.6%
1996 34.4%
1995 35.0%
1994 7.0%
1993 9.8%
1992 15.5%
1991 22.7%
1990 26.7%
1989 20.0%
1988 114.2%
1987 131.8%
1986 86.2%
1985 57.7%
1984 65.4%
1983 101.9%
1982 58.9%
1981 27.9%
1980 26.4%
1979 18.2%
1978 17.5%
1977 29.1%
1976 15.8%
1975 14.9%
1974 23.8%
1973 12.1%
1972 4.9%
1971 5.5%
1970 5.0%

Frequently Asked Questions

What is the GDP per capita of Mexico in 2024?

The GDP per capita of Mexico is 14,158 USD in 2024. When adjusted for purchasing power parity (PPP), the GDP per capita is 25,688 international dollars. This indicator measures the economic output per person and is a key metric for comparing economic prosperity across countries.

What are the main industries in Mexico?

The main economic sectors in Mexico include banking and financial services, construction and real estate, manufacturing (metals, steel), and information technology. Supporting sectors include logistics and transportation, tourism and hospitality, agriculture and food processing, and energy and utilities. These industries contribute significantly to GDP, employment, and overall economic stability.

What is the inflation rate in Mexico in 2024?

The inflation rate in Mexico is 4.7% in 2024. Inflation measures the rate at which the general level of prices for goods and services rises, eroding purchasing power. This data is updated regularly from reliable sources like the World Bank and IMF.

Explore key economic indicators of Mexico including GDP, inflation, unemployment, and trade data. This page provides up-to-date statistics and visual insights based on official international sources such as World Bank, IMF, and ILO.

Our comprehensive database allows you to compare Mexico's economic performance with other countries and understand global economic trends. Access current economic indicators, historical data, and comparative analysis to gain a deeper understanding of Mexico's economic landscape. For demographic data, visit our population statistics section.

Data Sources

All economic data presented on this page is sourced from reputable international organizations and updated regularly.

  • World Bank: GDP, inflation, unemployment, trade, and economic indicators
  • IMF (International Monetary Fund): Economic indicators and financial statistics
  • OECD: Economic and social statistics
  • Transparency International: Corruption perception index
  • Numbeo: Cost of living data

Data is updated monthly. Last update: December 2025