Mexico

Mexico's dollar economy barely moved in 2025. GDP held at US$1.83 trillion, up 0.1%, while real growth ran at +0.6%, and the country slipped 1 place to 14th, behind South Korea and ahead of Australia. It remains the 2nd largest of 35 economies in Latin America & Caribbean, about the size of Florida.

Services account for 58.9% of output and industry 30.6%, with manufacturing alone at 20.0% and agriculture at 3.9%. Inflation stood at 3.8% and unemployment at 2.7%. Government gross debt is 61.7% of GDP. With a population of 131.9 million, output per person is US$13,889, 77th of 196.

The forecast is the striking part. The IMF projects GDP of US$2.65 trillion by 2030, a rise of +45% that would lift Mexico to 12th among economies with forecasts. That would bring it back near the 9th place it held in 2000, when GDP was US$742.1 billion.