Mexico GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$14,185.78

Source: world bank Nominal/PPP
Summary:

Mexico GDP Per Capita expanded from 1960 to 2024, increasing from $355.08 to $14,185.78 .The compound annual growth rate (CAGR) averaged 5.93% over the period. The economy recorded its peak level in 2024 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 54.12%, indicating the largest cyclical decline from peak levels. The country experienced 8 recession episode(s) during the observed period.

Latest GDP Per Capita of Mexico 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 14,185.78 dollars$ 26,185.36 Int dollars
Growth (YoY)2.343%3.732%
Net Change vs Previous Year$ 324.82 dollars$ 942.19 Int dollars
% of World GDP Per Capita12.78%13.11%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Mexico GDP | Mexico GDP Growth

Mexico Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
1960355.08-----
1961373.7118.645.249 %---
1962388.4614.743.945 %---
1963419.5531.18.005 %---
1964480.761.1514.576 %---
1965505.8525.155.232 %---
1966544.9439.087.726 %---
1967575.7730.835.658 %---
1968615.9240.156.974 %---
1969659.7243.797.11 %---
1970699.0139.295.955 %---
1971747.9148.916.996 %---
1972836.5788.6611.854 %---
1973993.04156.4718.704 %---
19741256.1263.0626.49 %---
19751491.97235.8718.778 %---
19761465.5-26.47-1.774 %---
19771314.62-150.88-10.295 %---
19781604.41289.7922.044 %---
19792049.26444.8627.727 %---
19803054.621005.3649.059 %---
19813829.14774.5225.356 %---
19822620.96-1208.19-31.552 %---
19832169.85-451.11-17.211 %---
19842506.31336.4515.506 %---
19852601.7195.43.806 %---
19861756.94-844.77-32.47 %---
19871888.26131.337.475 %---
19882278.81390.5520.683 %---
19892725.06446.2419.582 %---
19903154.47429.4115.758 %8577.86--
19913708.84554.3717.574 %9078.61500.745.838 %
19924220.57511.7213.797 %9469.67391.074.308 %
19936048.351827.7843.307 %9040.51-429.17-4.532 %
19946202.37154.022.546 %9465.9425.44.705 %
19954183.88-2018.49-32.544 %8932.73-533.17-5.633 %
19964674.37490.4911.723 %9495.71562.986.302 %
19975567.36892.9919.104 %10182.09686.387.228 %
19985832.69265.344.766 %10755.59573.515.633 %
19996499.97667.2811.44 %11030.52274.932.556 %
20007524.031024.0615.755 %11704.69674.166.112 %
20017952.76428.745.698 %11738.8934.210.292 %
20027983.0330.270.381 %11761.8922.990.196 %
20037434.07-548.96-6.877 %12065.94304.052.585 %
20047849.67415.595.59 %12658.16592.234.908 %
20058671.76822.0910.473 %13260.24602.074.756 %
20069512.64840.889.697 %14540.451280.219.655 %
200710134.33621.76.535 %15031.58491.133.378 %
200810523.77389.443.843 %15680.586494.318 %
20098423.57-2100.2-19.957 %15190.87-489.7-3.123 %
20109728.81305.2315.495 %15909.15718.274.728 %
201110664.49935.699.618 %17266.811357.678.534 %
201210744.1379.640.747 %18004.79737.984.274 %
201311216.8472.674.399 %18170.26165.470.919 %
201411391.38174.581.556 %18820.8650.533.58 %
201510021.24-1370.14-12.028 %19071.44250.651.332 %
20169097.92-923.31-9.214 %20104.581033.145.417 %
20179649.28551.356.06 %20488.72384.131.911 %
201810084.79435.524.513 %20921.48432.762.112 %
201910369.56284.762.824 %20964.2842.80.205 %
20208841.27-1528.28-14.738 %19354.12-1610.15-7.68 %
202110314.051472.7816.658 %20782.591428.467.381 %
202211405.791091.7410.585 %23135.492352.9111.322 %
202313860.962455.1721.526 %25243.162107.679.11 %
202414185.78324.822.343 %26185.36942.193.732 %

Mexico Economic Phases (1960 - 2024)

From 1960 to 2024, Mexico economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • High Growth (1963–1975) indicating robust economic expansion
  • High Growth (1978–1981) indicating robust economic expansion
  • Crisis (1982–1983) indicating severe economic downturn
  • High Growth (1987–1993) indicating robust economic expansion
  • High Growth (1996–1997) indicating robust economic expansion
  • High Growth (1999–2001) indicating robust economic expansion
  • High Growth (2004–2007) indicating robust economic expansion
  • High Growth (2010–2011) indicating robust economic expansion
  • Expansion (2012–2014) indicating steady moderate growth
  • Expansion (2018–2019) indicating steady moderate growth
  • High Growth (2021–2023) indicating robust economic expansion
  • Expansion (2024–2024) indicating steady moderate growth

The most remarkable growth occurred in 1980 with an increase of 49.059%, while the largest decline was in 1995 at -32.544%.