DataBank. In 1990, Latin America’s average GDP per capita was a little over a quarter of the United States’ income level, while emerging and developing Asian countries’ GDP per capita was only 5 percent. % of GDP 2019 Mexico (red) Find all indicators on Economy. Online tool for visualization and analysis. The central bank cut interest rates for the first time in five years last week as inflation eases and 2019 growth projections sit at a decade low 0.6%, according to a Citi poll. retrieved from FRED, Gross Domestic Product, or GDP, measures the economy size of a country. © World Economics Limited. Mexico’s Economy Contracted in 2019 Sluggish industrial output, falling business investment and a slowdown in services and employment contributed to the country’s weakest performance since 2009 One Federal Reserve Bank Plaza, Education Latest Trend Ranking; Education spending Indicator: 8 170 Tertiary US dollars/student 2015 Mexico US dollars/student: Tertiary US dollars/student 1995-2015 Mexico (red) Tertiary US dollars/student 2016 Mexico (red) Mathematics performance (PISA) Indicator: 415 Boys Mean score 1. It's worth noting that Mexico's population of about 126 million is more than four times that of Canada. Created with Highcharts 5.0.2. $2,526,859,000,000 (2018 est.) Add To Cart. Commitment to fiscal targets, sound debt management, a flexible exchange rate and an appropriate monetary policy stance have supported moderate growth in … Mexico GDP (Gross Domestic Product) was INT$2,274.60billion for 2019 in PPP terms. United States. Releases from University of California, Davis, More The economy of Mexico is a developing market economy. Dollars, Not Seasonally Adjusted, Frequency:  Millions of 2017 U.S. Its Gross Savings Rate was measured at 24.5 % in Sep 2020. St. Louis, MO 63102, http://www.rug.nl/research/ggdc/data/pwt/, More WDI Tables. For Nominal GDP contributions, Investment accounted for 19.4 % in Sep 2020. GDP growth (annual %) - Mexico from The World Bank: Data. note: data are in … Real value added to the Gross Domestic Product (GDP) of New Mexico in 2019, by industry (in billion chained 2012 U.S. dollars) Industry Real value added in … 2 May 2019 - Economic Survey of Mexico Moderate growth is underpinned by a strong macroeconomic framework. It is the 16th largest in the world in nominal terms and the 11th largest by purchasing power parity, according to the International Monetary Fund. World Economics Limited. Gross domestic product 2019 (millions of Ranking Economy US dollars) USA 1 United States 21,433,226 CHN 2 China 14,342,903 JPN 3 Japan 5,081,770 DEU 4 Germany 3,861,124 IND 5 India 2,868,929 GBR 6 United Kingdom 2,829,108 The list of countries by GDP showed on this page is based on the latest data from the World Economic Outlook by the International Monetary Fund. WDI Tables. A preliminary estimate for growth in the first quarter revealed weaker-than-expected economic activity at the outset of the year. The quality of economic data across Asia-Pacific region varies considerably across countries, mainly as a result of lack of statistical capacity. Over the 5 years ending in 2019 the New Mexico economy grew in real terms by 4.84% at a compound annual growth rate of 0.95% per year. ... 1961 - 2019 GDP (constant 2010 US$) ... GDP per capita growth (annual %) Download. GDP Per Capita in Mexico reached 10,082.0 USD in Dec 2019. $37.00. DataBank. For instance, OECD estimates Mexico’s potential GDP at … … Selected Countries and Economies. No claims are made regarding the accuracy of GDP - real growth rate (%) information contained here. The analysts forecast 0.8% GDP growth for all of 2019 and 1.4% in 2020. Dollars | Annual | Updated: Feb 5, 2021 Categories > Academic Data > Penn World Table 9.0 > National Accounts-Based Variables. This weak momentum reflects structural and cyclical factors. The statistic depicts Mexico's real gross domestic product (GDP) growth rate from 2015 to 2019, with projections up until 2025. Thematic data tables from WDI. University of Groningen, Source: Are you sure you want to remove this series from the graph? 192 countries from around the world are ranked by GDP measured in US dollars and PPPs from 1980 to 2019. All rights reserved.Terms & Conditions. All rights reserved. https://fred.stlouisfed.org/series/RGDPNAMXA666NRUG, GDP per Capita in Mexico (with a population of 124,777,324 people) was $10,292 in 2017, an increase of $88 from $10,205 in 2016; this represents a change of 0.9% in GDP … Real New Mexico GDP, at $105.143 bn in 2019, is at the highest level recorded to date. In 2019, the manufacturing industry added 35.86 billion chained 2012 U.S. dollars of value to the state GDP. In the third quarter, real GDP increased 2.1 percent. Real GDP (purchasing power parity) $2,525,481,000,000 (2019 est.) Meanwhile, seasonally-adjusted quarter-on-quarter output contracted (Q1: -0.2% quarter-on-quarter s.a.; Q4 2018: +0.2% qoq s.a.) amid a slump in industrial-sector activity. Mil. Public Consumption accounted for 12.4 % in Sep 2020. Selected Countries and Economies. Real GDP at Constant National Prices for Mexico (RGDPNAMXA666NRUG) Download 2019: 2,406,047.00000 | Millions of 2017 U.S. Please review the copyright information in the series notes before sharing. In any case, after doing the respective math, the finance ministry concluded that the potential GDP growth for 2019 was 2.4%, and it was exactly the same for 2020. In 2019, Asian countries had grown fourfold, but Latin America was still at the same level. Online tool for visualization and analysis. In 2017, Mexico's GDP was 1.15 trillion, compared to Canada's 1.68 trillion. Data source is International Monetary Fund World Economic Outlook (October-2018). GDP refers to the … Source: The use of different national income standards across Europe has an impact on cross-country comparability and in some cases leads to an underestimation of GDP. Year-on-year, the country’s gross domestic product contracted 8.6 percent, following a record 18.7 percent slump in the second quarter of the year and compared with forecasts of an 8.7 percent decline. The most unreliable economic data is produced in Argentina which has manipulated inflation and GDP statistics since 2007. In the fourth quarter, current-dollar GDP increased 4.1 percent, or $206.9 billion (table 1 and table 3). Dollars: $21.43 trillion 2019 PPP Adjusted … ... 1960 - 2019 GDP growth (annual %) ... GDP per capita growth (annual %) Download. Missing data, out of date base years, disputed population data and the size of the unrecorded informal economy means that international rankings of countries in terms of GDP and GDP per capita are meaningless. GDP PPP based on: 2011 International Dollars. $2,472,586,000,000 (2017 est.) It is estimated that the application of the latest standard would add US$824 billion. All suggestions for corrections of any errors about GDP - real growth rate (%) should be addressed to the CIA. Real GDP at Constant National Prices for Mexico [RGDPNAMXA666NRUG], GDP (current US$) - Mexico from The World Bank: Data. This graph shows the real value added to the Gross Domestic Product (GDP) of Missouri in 2019, by industry. Annual. University of Groningen and University of California, Davis, Other institutions have their own numbers. Since the 1994 crisis, administrations have improved the country's macroeconomic fundamentals. NOTE: The information regarding GDP - real growth rate (%) on this page is re-published from the CIA World Factbook 2019. Series from Penn World Table 10.0. Most American countries use a national income accounting standard that fails to record the informal economy. Thematic data tables from WDI. Mexico - Real Gross Domestic Product. This can not be undone. Federal Reserve Bank of St. Louis; University of California, Davis, Release: GDP Growth Rate in 2017 was 2.04%, representing a change of 25,693,121,687 US$ over 2016, when Real GDP was $1,258,560,069,643. 2019 Nominal GDP in Current U.S. Data in this graph are copyrighted. Penn World Table 10.0, Units:  2013 MXN, SAAR % Change 2017 Q3 2017 Q4 2018 Q1 2018 Q2 2018 Q3 2018 Q4 2019 Q1 2019 Q2 2019 Q3 2019 Q4 2020 Q1 2020 Q2 2020 Q3 14,000,000 15,000,000 16,000,000 17,000,000 18,000,000 19,000,000 -20% -10% 0% 10% 20% 30%. CSV XML EXCEL. Federal Reserve Bank of St. Louis, Real gross domestic product (GDP) increased at an annual rate of 2.1 percent in the fourth quarter of 2019 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. Units: Billions of Chained 2012 Dollars, Seasonally Adjusted Annual Rate Frequency: Quarterly Notes: BEA Account Code: A191RX Real gross domestic product is the inflation adjusted value of the goods and services produced by labor and property located in the United States.For more information see the Guide to the National Income and Product Accounts of the United States (NIPA). Releases from University of Groningen, More March 9, 2021. Indeed, real GDP per capita in the region has declined by 0.6 percent per year on average during 2014–2019—a sharp contrast from the commodity boom’s average increase of two percent per year during 2000–2013. In annual terms, unadjusted output grew at 1.3% year-on-yeardown sharply from 1.7% in the fourth quarter last year and a couple of notches below analysts expectations. CSV XML EXCEL. Current dollar GDP increased 3.8 percent, or $197.6 billion, in the first quarter to a level of $21.06 trillion. [2 points] Consider the following data for Mexico: GDP (in current prices) 2019: 24,237.6 bn pesos, 2020: 22,718.4 bn pesos GDP deflator (base year 2013) 2019: 131.262, 2020: 135.135 Gov't Revenue 2020: 5,552.1 bn pesos Gov't Expenditure 2020: 6,869.7 bn pesos Interest rate (3-month rate Treasury securities, annual interest rate, 2020): 5.33% Calculate: (a) the inflation rate for 2020; (b) the real GDP growth rate for 2020; (c) the government budget balance for 2020; (d) the real … GDP (Nominal), GDP (PPP), GDP (Nominal) per capita, GDP (PPP) per capita, GDP Growth and rank in 2019. {"2006":176374628.94, "2007":182306904.83, "2008":184527014.51, "2009":173460109.16, "2010":182694487.28, "2011":189851978.01, "2012":197480230.49, "2013":200154112.81, "2014":205830218.45, "2015":212597916.03, "2016":218810027.14, "2017":223339394.70, "2018":227792782.23, "2019":227460204.77}, [{"1888":23.24, "1889":23.81, "1890":24.94, "1891":25.68, "1892":26.43, "1893":27.17, "1894":27.92, "1895":30.15, "1896":31.64, "1897":33.13, "1898":34.62, "1899":36.11, "1900":39.08, "1901":42.41, "1902":39.41, "1903":43.82, "1904":44.59, "1905":49.22, "1906":48.68, "1907":51.51, "1908":51.46, "1909":52.98, "1910":53.42, "1911":53.80, "1912":54.13, "1913":54.51, "1914":54.88, "1915":55.24, "1916":55.61, "1917":55.99, "1918":56.36, "1919":56.74, "1920":57.12, "1921":57.51, "1922":58.87, "1923":60.89, "1924":59.91, "1925":63.61, "1926":67.43, "1927":64.48, "1928":64.87, "1929":62.36, "1930":58.43, "1931":60.40, "1932":51.35, "1933":57.18, "1934":61.05, "1935":65.58, "1936":70.81, "1937":73.15, "1938":74.35, "1939":78.33, "1940":79.42, "1941":85.91, "1942":92.01, "1943":95.45, "1944":103.24, "1945":106.46, "1946":113.49, "1947":117.36, "1948":122.21, "1949":128.92, "1950":141.67, "1951":152.63, "1952":158.73, "1953":159.17, "1954":175.09, "1955":189.91, "1956":202.94, "1957":218.31, "1958":229.92, "1959":236.79, "1960":252.18, "1961":259.36, "1962":269.50, "1963":295.44, "1964":335.84, "1965":354.58, "1966":376.53, "1967":397.90, "1968":433.97, "1969":449.82, "1970":479.57, "1971":499.58, "1972":541.98, "1973":587.56, "1974":623.46, "1975":658.44, "1976":686.35, "1977":709.98, "1978":768.56, "1979":838.92, "1980":908.75, "1981":988.66, "1982":981.67, "1983":939.50, "1984":973.32, "1985":1000.30, "1986":962.75, "1987":980.62, "1988":992.83, "1989":1034.51, "1990":1086.95, "1991":1132.84, "1992":1173.95, "1993":1196.84, "1994":1249.69, "1995":1172.62, "1996":1233.05, "1997":1316.55, "1998":1382.78, "1999":1434.73, "2000":1529.29, "2001":1528.79, "2002":1540.59, "2003":1562.01, "2004":1625.58, "2005":1678.82, "2006":1763.75, "2007":1823.07, "2008":1845.27, "2009":1734.60, "2010":1826.94, "2011":1898.52, "2012":1974.80, "2013":2001.54, "2014":2058.30, "2015":2125.98, "2016":2188.10, "2017":2233.39, "2018":2277.93, "2019":2274.60}], {"1972":8.5, "1973":8.4, "1974":6.1, "1975":5.6, "1976":4.2, "1977":3.4, "1978":8.2, "1979":9.2, "1980":8.3, "1981":8.8, "1982":-0.7, "1983":-4.3, "1984":3.6, "1985":2.8, "1986":-3.8, "1987":1.9, "1988":1.2, "1989":4.2, "1990":5.1, "1991":4.2, "1992":3.6, "1993":2.0, "1994":4.4, "1995":-6.2, "1996":5.2, "1997":6.8, "1998":5.0, "1999":3.8, "2000":6.6, "2001":0.0, "2002":0.8, "2003":1.4, "2004":4.1, "2005":3.3, "2006":5.1, "2007":3.4, "2008":1.2, "2009":-6.0, "2010":5.3, "2011":3.9, "2012":4.0, "2013":1.4, "2014":2.8, "2015":3.3, "2016":2.9, "2017":2.1, "2018":2.0, "2019":-0.1}. Source ID: rgdpnaWhen using these data in your research, please make the following reference: Feenstra, Robert C., Robert Inklaar and Marcel P. Timmer (2015), "The Next Generation of the Penn World Table" American Economic Review, 105(10), 3150-3182, available for download at www.ggdc.net/pwtFor more information, see http://www.rug.nl/research/ggdc/data/pwt/. Alberto Ramos, head of Latin American research at Goldman Sachs in New York, said, “we expect real GDP growth to downshift to just 0.6% in 2019, from 2.0% in 2018 and the 2.7% 2011-2018 average.”