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Data from World Bank. Forecasts by Sigmanomics Forecast Engine.
MexicoMexico GDP growth (annual %) fell to 3.23 Percentage (%) in January 2023
World BankYearlyReleased January 2023
Mexico GDP growth (annual %) fell to 3.23 Percentage (%) in January 2023, down 0.72 Percentage (%) from December's 3.95 Percentage (%) reading.
Latest Release
3.23
Latest (2023)
3.95
Previous
World Bank
Source
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| USD/MXN | ▼ Inverse | −0.50 | FOREX | Moves against | → View |
| WTI Crude | ▲ Direct | +0.35 | COMMODITIES | Moves with | → View |
| EUR/USD | ▲ Direct | +0.30 | FOREX | Moves with | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Moves with | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
GDP Growth (Annual %) (Mexico) was reported at 0.56 Percent in December 2025. The reading fell from the previous value of 1.35 Percent. This is classified as a high-impact indicator released on a yearly basis.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged 1.67 Percent, up from the prior three at 0.47 Percent. In December readings over the past 3 years, GDP Growth (Annual %) has averaged 1.67 Percent.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/MXN (Bullish MXN). A secondary relationship exists with WTI Crude, positively correlated (Watch).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include GDP Growth Rate QoQ (Jul 30) and Gross Domestic Product QoQ (Jul 30).
Auto-generated from current model state · Refreshes on each release · Last update December 2025.
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GDP growth (annual %) - MX
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About GDP growth (annual %) — Mexico
DEFINITION
Mexico's GDP Growth (Annual %) slowed to 0.561683% in 2025, down sharply from 1.350576% in 2024. This deceleration marks a continued cooling after previous years of stronger expansion. The subdued growth rate may influence market expectations and monetary policy considerations. Updated 7/1/26
WHY THIS INDICATOR MATTERS
Aggregate growth figures anchor cyclical positioning across asset classes and inform fiscal and monetary policy debate. Surprises against consensus typically move rates and currencies on release. Released annually.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with USD/MXN (Bullish MXN, r=-0.50) — a useful reference for forex-focused traders.
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EXPECTED ZONE
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Economic Calendar - MX Events
| Monday, July 27, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 12:00 | MX | Balance of Trade | 4.09 | 2.259 | 2.28 | 4.04 | Medium |
| Thursday, July 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:00 | MX | GDP Growth Rate QoQ | -0.6 | 1.3 | 1.30 | Medium | |