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Mexico GDP by year, 1960 to 2025

Mexico's GDP reached a record $1.83 trillion in 2025, but it ranks 14th, down from 9th in 2000, after three 30% falls.

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What the data shows

  • Mexico: $0.01T in 1960, $1.83T in 2025.
  • Spain: $0.01T in 1960, $1.91T in 2025.
  • South Korea: $0.00T in 1960, $1.87T in 2025. It peaked at $1.94T in 2021.
  • Australia: $0.02T in 1960, $1.80T in 2025 (95× higher).

About this chart

Mexico was 10th in the world in 1980, 9th in 2000 and 14th in 2025, even though GDP hit a record $1.83 trillion that year. Its history includes three drops of about 30 percent in dollar terms: 1982, 1986 and 1995, when GDP fell from $554 billion to $380 billion. GDP was $742 billion in 2000 and $1.11 trillion in 2010.

Against its three nearest economies, Mexico in 2025 is behind Spain ($1.91 trillion) and South Korea ($1.87 trillion) and ahead of Australia ($1.80 trillion). Mexico passed Australia in 2023, having trailed it since 2010. Mexico led Spain from 2022 until 2025, and South Korea has stayed ahead since 2009. Values are nominal current US dollars, so exchange rates matter.

The data

Source: World Bank, World Development Indicators (NY.GDP.MKTP.CD), GDP in current US$, trillions. Retrieved November 4, 2026.

Mexico's GDP, GDP in current US$ trillions, 1960 to 2025, 1960–2025
Date🇲🇽 Mexico🇪🇸 Spain🇰🇷 South Korea🇦🇺 Australia
1960$0.01T$0.01T$0.00T$0.02T
1961$0.01T$0.01T$0.00T$0.02T
1962$0.02T$0.02T$0.00T$0.02T
1963$0.02T$0.02T$0.00T$0.02T
1964$0.02T$0.02T$0.00T$0.02T
1965$0.02T$0.03T$0.00T$0.03T
1966$0.02T$0.03T$0.00T$0.03T
1967$0.03T$0.03T$0.01T$0.03T
1968$0.03T$0.03T$0.01T$0.03T
1969$0.03T$0.04T$0.01T$0.04T
1970$0.04T$0.04T$0.01T$0.04T
1971$0.04T$0.05T$0.01T$0.05T
1972$0.05T$0.06T$0.01T$0.05T
1973$0.06T$0.08T$0.01T$0.06T
1974$0.07T$0.10T$0.02T$0.09T
1975$0.09T$0.12T$0.02T$0.10T
1976$0.09T$0.12T$0.03T$0.11T
1977$0.08T$0.13T$0.04T$0.11T
1978$0.10T$0.16T$0.05T$0.12T
1979$0.14T$0.21T$0.07T$0.14T
1980$0.21T$0.23T$0.07T$0.15T
1981$0.26T$0.20T$0.07T$0.18T
1982$0.19T$0.20T$0.08T$0.19T
1983$0.16T$0.17T$0.09T$0.18T
1984$0.18T$0.17T$0.10T$0.19T
1985$0.20T$0.18T$0.10T$0.18T
1986$0.14T$0.25T$0.12T$0.18T
1987$0.15T$0.32T$0.15T$0.19T
1988$0.18T$0.38T$0.21T$0.24T
1989$0.22T$0.41T$0.25T$0.30T
1990$0.26T$0.54T$0.29T$0.31T
1991$0.31T$0.58T$0.34T$0.33T
1992$0.36T$0.63T$0.37T$0.33T
1993$0.53T$0.53T$0.41T$0.31T
1994$0.55T$0.53T$0.48T$0.32T
1995$0.38T$0.61T$0.59T$0.37T
1996$0.43T$0.64T$0.63T$0.40T
1997$0.52T$0.59T$0.59T$0.44T
1998$0.56T$0.62T$0.40T$0.40T
1999$0.63T$0.63T$0.52T$0.39T
2000$0.74T$0.60T$0.60T$0.42T
2001$0.80T$0.63T$0.57T$0.38T
2002$0.81T$0.71T$0.65T$0.40T
2003$0.77T$0.91T$0.73T$0.47T
2004$0.82T$1.07T$0.82T$0.62T
2005$0.92T$1.16T$0.97T$0.70T
2006$1.02T$1.26T$1.10T$0.75T
2007$1.10T$1.48T$1.22T$0.86T
2008$1.16T$1.64T$1.09T$1.06T
2009$0.94T$1.50T$0.98T$0.93T
2010$1.11T$1.43T$1.19T$1.15T
2011$1.23T$1.49T$1.31T$1.40T
2012$1.26T$1.33T$1.34T$1.55T
2013$1.33T$1.36T$1.44T$1.58T
2014$1.37T$1.38T$1.56T$1.48T
2015$1.21T$1.21T$1.54T$1.36T
2016$1.11T$1.24T$1.58T$1.21T
2017$1.19T$1.32T$1.71T$1.33T
2018$1.26T$1.43T$1.82T$1.43T
2019$1.30T$1.40T$1.75T$1.40T
2020$1.12T$1.29T$1.74T$1.33T
2021$1.32T$1.46T$1.94T$1.56T
2022$1.47T$1.45T$1.80T$1.70T
2023$1.79T$1.62T$1.85T$1.73T
2024$1.83T$1.73T$1.88T$1.76T
2025$1.83T$1.91T$1.87T$1.80T

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Frequently asked questions

What is Mexico's GDP?

Mexico's GDP was about $1.83 trillion in 2025, according to the World Bank, in current US dollars. That ranks 14th in the world and is the highest value in the series.

Why did Mexico's GDP fall so sharply in 1995?

Mexico's dollar GDP fell 31 percent in 1995, from $554 billion to $380 billion. The peso lost a large share of its value against the dollar that year, and this series converts local output into dollars.

Which economies are closest to Mexico's in size?

In 2025 the nearest were Spain at $1.91 trillion, South Korea at $1.87 trillion and Australia at $1.80 trillion. Mexico sat between South Korea and Australia.

Where does this data come from?

World Bank, World Development Indicators (NY.GDP.MKTP.CD), GDP in current US$, trillions. Retrieved November 4, 2026. You can download the full table as a CSV from this page.

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