Mexico real GDP growth rate, nominal GDP, GDP PPP, GDP per capita, projected GDP

According to the International Monetary Fund (IMF), real GDP of Mexico is forecast to grow by 4.0 percent in 2022 and 2.2 percent in 2023.

1) Real GDP growth rate: 2010 – 5.1 percent, 2011 – 3.7 percent, 2012 – 3.6 percent, 2013 – -1.4 percent, 2014 – 2.9 percent, 2015 – 3.3 percent, 2016 – 2.6 percent, 2017 – 2.1 percent, 2018 – 2.2 percent, 2019 – -0.2 percent, 2020 – -8.3 percent and 2021 – 6.2 percent.

Gross domestic product is the market value of all goods and services made in a country in a year. Annual percentages of constant price GDP are year-on-year changes. Expenditure-based GDP is total final expenditures at purchasers’ prices (including the f.o.b. value of exports of goods and services), less the f.o.b. value of imports of goods and services.

2) Projected real GDP growth rate: 2022 – 4.0 percent, 2023 – 2.2 percent, 2024 – 2.0 percent, 2025 – 2.0 percent and 2026 – 2.0 percent.

3) Nominal GDP in current prices, billions of Mexican peso (code: MXN; sign: MX$): 2010 – MX$13,366.377 billion, 2011 – MX$14,665.576 billion, 2012 – MX$15,817.755 billion, 2013 – MX$16,277.187 billion, 2014 – MX$17,484.306 billion, 2015 – MX$18,572.109 billion, 2016 – MX$20,129.057 billion, 2017 – MX$21,934.168 billion, 2018 – MX$23,524.390 billion, 2019 – MX$24,453.868 billion, 2020 – MX$23,073.727 billion and 2021 – MX$25,876.671 billion.

4) Projected nominal GDP in current prices, billions of Mexican peso: 2022 – MX$27,675.993 billion, 2023 – MX$29,287.669 billion, 2024 – MX$30,867.209 billion, 2025 – MX$32,499.545 billion and 2026 – MX$34,234.766 billion.

5) Nominal GDP in current prices, billions of U.S. dollars: 2010 – $1,057.801 billion, 2011 – $1,180.487 billion, 2012 – $1,201.094 billion, 2013 – $1,274.444 billion, 2014 – $1,315.356 billion, 2015 – $1,171.870 billion, 2016 – $1,078.493 billion, 2017 – $1,158.912 billion, 2018 – $1,222.406 billion, 2019 – $1,269.432 billion, 2020 – $1,073.915 billion and 2021 – $1,285.518 billion.

Values are based upon GDP in national currency converted to U.S. dollars using market exchange rates (yearly average).

6) Projected nominal GDP in current prices, billions of U.S. dollars: 2022 – $1,371.635 billion, 2023 – $1,446.784 billion, 2024 – $1,518.856 billion, 2025 – $1,591.396 billion and 2026 – $1,665.558 billion.

7) GDP PPP (Purchasing power parity) in current prices, billions of international dollars: 2010 – $1,806.252 billion, 2011 – $1,911.319 billion, 2012 – $2,012.768 billion, 2013 – $2,064.491 billion, 2014 – $2,173.228 billion, 2015 – $2,230.644 billion, 2016 – $2,383.390 billion, 2017 – $2,472.586 billion, 2018 – $2,587.222 billion, 2019 – $2,628.855 billion, 2020 – $2,439.470 billion and 2021 – $2,685.253 billion.

GDP PPP = gross domestic product based on purchasing power parity, international dollars. Average consumer price level in the US = 100%.

GDP PPP takes into account differences in the cost of living in different countries. Purchasing power parity means how much money would be needed to buy the same item basket in two different countries. Using a PPP basis is arguably more useful when comparing generalized differences in living standards between nations because PPP takes into account the relative cost of living and the inflation rates of the countries, rather than using only exchange rates, which may distort the real differences in income.

8) Projected GDP PPP in current prices, billions of international dollars: 2022 – $2,869.542 billion, 2023 – $3,002.583 billion, 2024 – $3,132.421 billion, 2025 – $3,264.402 billion and 2026 – $3,398.701 billion.

9) Nominal GDP per capita in current prices, U.S. dollars: 2010 – $9,299.5, 2011 – $10,232.4, 2012 – $10,271.4, 2013 – $10,759.0, 2014 – $10,967.1, 2015 – $9,657.1, 2016 – $8,788.6, 2017 – $9,342.9, 2018 – $9,753.7, 2019 – $10,028.9, 2020 – $8,403.6 and 2021 – $9,967.4.

GDP is expressed in current U.S. dollars per person. Data are derived by first converting GDP in national currency to U.S. dollars and then dividing it by total population.

10) Projected nominal GDP per capita in current prices, U.S. dollars: 2022 – $10,541.4, 2023 – $11,024.8, 2024 – $11,479.7, 2025 – $11,933.8 and 2026 – $12,396.0.

11) GDP PPP per capita in current prices, international dollars: 2010 – $15,879.3, 2011 – $16,567.2, 2012 – $17,212.6, 2013 – $17,428.6, 2014 – $18,119.8, 2015 – $18,382.2, 2016 – $19,422.1, 2017 – $19,933.5, 2018 – $20,643.6, 2019 – $20,768.7, 2020 – $19,089.3 and 2021 – $20,820.4.

Expressed in GDP in PPP dollars per person. Data are derived by dividing GDP in PPP dollars by total population.

12) Projected GDP PPP per capita in current prices, international dollars: 2022 – $22,053.3, 2023 – $22,880.3, 2024 – $23,675.2, 2025 – $24,479.5 and 2026 – $25,294.9.

13) GDP based on purchasing-power-parity (PPP) share of world total, percent: 2010 – 2.0 percent, 2011 – 2.0 percent, 2012 – 2.0 percent, 2013 – 2.0 percent, 2014 – 2.0 percent, 2015 – 2.0 percent, 2016 – 2.1 percent, 2017 – 2.0 percent, 2018 – 2.0 percent, 2019 – 1.9 percent, 2020 – 1.8 percent and 2021 – 1.9 percent.

Expressed in percent of world GDP in PPP dollars.

14) Projected GDP based on purchasing-power-parity (PPP) share of world total, percent: 2022 – 1.8 percent, 2023 – 1.8 percent, 2024 – 1.8 percent, 2025 – 1.8 percent and 2026 – 1.8 percent.

15) Deflator of Gross domestic product (index to the previous year), percent: 2010 – 104.5 percent, 2011 – 105.8 percent, 2012 – 104.1 percent, 2013 – 101.5 percent, 2014 – 104.4 percent, 2015 – 102.8 percent, 2016 – 105.6 percent, 2017 – 106.7 percent, 2018 – 104.9 percent, 2019 – 104.1 percent, 2020 – 102.9 percent and 2021 – 105.6 percent.

The GDP deflator is derived by dividing current price GDP by constant price GDP and is considered to be an alternate measure of inflation.

16) Projected deflator of Gross domestic product (index to the previous year), percent: 2022 – 102.8 percent, 2023 – 103.5 percent, 2024 – 103.3 percent, 2025 – 103.2 percent and 2026 – 103.3 percent.

17) Ratio of the average price level in Mexico to the average price level in the United States, percent: 2010 – 58.6 percent, 2011 – 61.8 percent, 2012 – 59.7 percent, 2013 – 61.7 percent, 2014 – 60.5 percent, 2015 – 52.5 percent, 2016 – 45.3 percent, 2017 – 46.9 percent, 2018 – 47.2 percent, 2019 – 48.3 percent, 2020 – 44.0 percent and 2021 – 47.9 percent.

18) Projected ratio of the average price level in Mexico to the average price level in the United States, percent: 2022 – 47.8 percent, 2023 – 48.2 percent, 2024 – 48.5 percent, 2025 – 48.8 percent and 2026 – 49.0 percent.

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Tags: English, GDP, GDP PPP, projected GDP, IMF

Source: BusinessForecast.by

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