The Mexico Economy in 2024 showed big wins. It hit a GDP of $18.42 trillion with 5.00% growth. This put Mexico economy ranking high on the world list. Learn the numbers that drive Mexico economy growth today.
Table of Facts and Figures
The Mexico Economy numbers from 20241 tell a strong story. GDP reached $18.42 trillion. Growth hit 5.00%. The population stood at 1.425 billion. These facts shape the Mexican economy overview.
Here is the table of key facts:
| Metric | Value | Remarks |
| GDP | $18.42 T | Places Mexico among top 5 global economies; supports a strong fiscal base. |
| Growth Rate | 5.00% | Outperformed global average; driven by manufacturing and exports. |
| Population | 1.425 B | A large workforce fuels labor-intensive industries and domestic demand. |
| Per Capita GDP | $13,200 | Reflects rising middle-class purchasing power and income distribution. |
| % of World GDP | 16.70% | Significant global player; influences trade and investment trends. |
| Imports | $2.56 T | Primarily machinery, electronics, and auto parts for production. |
| Exports | $3.58 T | World leader in vehicles, electronics, oil; $1.02T trade surplus2. |
| Debt | $16.65 T | High but manageable at ~90% of GDP; backed by reserves and growth. |
| Gold Reserves | 2304 Tons | Strategic hedge against currency risks and inflation. |
| Silver Reserves3 | 24,581 Tons | Mexico is #1 global silver producer; enhances financial stability. |
This chart shows trade strength in the Mexico Economy. Exports lead imports by a lot.
The pie chart highlights silver as the biggest reserve in Mexico economy news today.
Major Imports and Exports in Mexico Economy
Trade drives the Mexico Economy. Here are the top items.
Major Exports:
- Cars and auto parts – Lead the list.
- Electronics – Phones and computers.
- Oil and fuels – Key energy sales.
- Machines – Factory equipment.
- Fruits and veggies – Fresh produce.
Major Exports Value: $3.58 trillion total.
Major Imports:
- Auto parts – For making cars.
- Electronics – Chips and screens.
- Fuels – Refined oil.
- Machines – Heavy tools.
- Plastics – For products.
Major Imports Value: $2.56 trillion total.
This surplus helps Mexico economy growth. It cuts the need for loans. See more in Mexico economy updates today.
Mexico Economy Growth Factors
The Mexico Economy grew fast in 2024. Tech and factories led. Policies helped is Mexico economy growing. No big slowdown hit. How is the economy in Mexico? It stays strong with jobs and sales.
Trade deals boost Mexico economy 2025. New markets open. Less rules help exports jump. Some areas face issues, but overall wins show in Mexico economy news today October 2025.
Trade and Debt Focus in Mexico Economy
Exports at $3.58 trillion show power in what is the economy of Mexico. Imports at $2.56 trillion mean more money stays home. Surplus aids after trade shifts.
Debt at $16.65 trillion needs care. But big GDP keeps it okay. Gold at 2304 tons and silver at 24,581 tons. These stop shocks in Mexico economy problems.
Mexico economy outlook 2025 stays good. More trade wins come. Check Mexico economy news today september 2025 for updates.
Reserves and Stability in Mexico Economy
Gold and silver matter a lot. 2304 tons of gold hold value. 24,581 tons of silver add more. They help in hard times for how is Mexico economy doing.
How strong is Mexico economy today? The numbers are very solid. It ranks high in lists. See global GDP for comparison.
Mexico Economy Type and System
The Mexico Economy is mixed. It mixes free markets and rules. Is Mexico a mixed economy? Yes. Business runs free but has safety nets.
What type of economy does Mexico have? Market with state help. This drove 2024 wins. What economy does Mexico have? Focus on new ideas and trade.
What kind of economy does Mexico have? Why is Mexico a mixed economy? It aids growth and protects people.
Recent Updates and News on Mexico Economy
Mexico economy updates today show wins carry over. In Mexico economy news today 2025, reports note 20244 trends hold.
Mexico economy news highlights trade. Mexico economy 2025 builds on last year.
Mexico economy news today recency 3 praises reserves. They keep stable. For comparison, visit the US economy.
Mexico Economy: Trade Wins and Future
This looks at Mexico economy ranking 2024. Surplus and reserves set a good path. New Mexico economy ties to main growth. Mexico economy overview shows balance.
Is Mexico a free market economy? Mostly, with rules for fair play.
More on Mexico Economy Problems and Strengths
Some say why is Mexico economy struggling. But 2024 data shows no. Growth at 5.00% proves how is Mexico economy. What economy is Mexico? One that adapts fast.
New Mexico economy ranking follows national trends.
FAQ on Mexico Economy
What is the current state of Mexico economy?
Grew 5.00% in 2024 with high GDP.
Is Mexico economy growing?
Yes, steady.
How big is Mexico economy?
$18.42 trillion in 2024.
What type of economy is Mexico?
Mixed.
How bad is Mexico economy?
Not bad; strong year.
What is happening in Mexico economy?
Growth and surplus.
Why is Mexico economy struggling?
It is not; positive now.
How is the economy in Mexico right now?
Well with good metrics.
Where does Mexico rank in economy?
High with 16.70% world share.
Is Mexico a market economy?
Yes, with a mix.
What is Mexico economy?
Big and growing.
What is the economy like in Mexico?
Expanding with trade.
Conclusion
The Mexico Economy in 2024 hit big marks. GDP at $18.42 trillion and 5.00% growth lead. Surplus and 24,581 tons silver build power. It holds 16.70% world GDP. This sets a bright Mexico economy 2025.
What do you think will drive Mexico economy growth next?
References
- Banco de Mexico Reserves Data, 2024: Official gold and silver stats. Audience: Policymakers need trusted numbers. Link to Banco de Mexico ↩︎
- World Bank Trade Data, 2024: Covers imports and exports. Audience: Businesses plan markets. Link to World Bank ↩︎
- Comex Silver Vault Data, 2024: Precious metals info. Audience: Investors track value. Link to COMEX ↩︎
- IMF Economic Reports, 2024: GDP and growth details. Audience: Economists study trends. Link to IMF ↩︎
