mx Mexico 2023

Detailed economic analysis and indicators for 2023

Year 2023

Key Economic Indicators (2023)

GDP (Current USD)

$1.79 trillion

↑ 22.18% vs 2022
GDP per Capita

$13,790.02

↑ 21.12% vs 2022
GDP Growth (Annual %)

3.20%

↓ 0.49pp vs 2022
Inflation Rate (CPI %)

5.53%

↓ 2.37pp vs 2022

Year-over-Year Comparison

Indicator 2022 2023 Change
GDP (Current USD) $1.46 trillion $1.79 trillion +22.18%
GDP per Capita $11,385.41 $13,790.02 +21.12%
GDP Growth (Annual %) 3.69% 3.20% -0.49pp
Inflation (CPI %) 7.90% 5.53% -2.37pp
Unemployment Rate (%) 3.26% 2.77% -0.49pp

All Economic Indicators (2023)

National Accounts
GDP (Current USD)
$1.79 trillion
GDP per Capita
$13,790.02
GDP Growth (Annual %)
3.20%
Gross National Income
$1.74 trillion
Prices & Employment
Inflation (CPI %)
5.53%
Inflation (GDP Deflator %)
4.46%
Unemployment Rate (%)
2.77%
Interest Rate (Real %)
6.83%
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
-0.31%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2023, Mexico's Gross Domestic Product (GDP) is $1.79 trillion. This represents the total value of goods and services produced in the country.

The GDP per capita in Mexico for 2023 is $13,790.02. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Mexico for 2023 is 5.53%. This measures the annual percentage change in the cost of consumer goods and services.

Mexico's annual GDP growth rate for 2023 is 3.20%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Mexico for 2023 is 2.77%. This represents the percentage of the labor force that is unemployed and actively seeking employment.