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Data from World Bank. Forecasts by Sigmanomics Forecast Engine.
MexicoMexico GDP Per Capita (Current US$) climbed to 14,185.78 USD in December 2024
World BankYearlyReleased December 2024
Mexico GDP Per Capita (Current US$) climbed to 14,185.78 USD in December 2024, up 324.82 USD from November's 13,860.96 USD reading.
Latest Release
14185.781225
Actual
—
Consensus
13860.959781
Previous
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 | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/MXN | ▼ Inverse | −0.50 | FOREX | Bullish MXN | → View |
| WTI Crude | ▲ Direct | +0.35 | COMMODITIES | Watch | → View |
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
GDP Per Capita (Current US$) (Mexico) was reported at 14,185.78 USD in December 2024. The reading rose from the previous value of 13,860.96 USD. This is classified as a medium-impact indicator released on a yearly basis.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 13,150.85 USD, up from the prior three at 9,841.63 USD.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/MXN (Bullish MXN). A secondary relationship exists with WTI Crude, positively correlated (Watch).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Balance of Trade (May 25) and Business Confidence (Jun 1).
Auto-generated from current model state · Refreshes on each release · Last update December 2024.
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GDP Per Capita (Current US$) - MX
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About GDP Per Capita (Current US$) — Mexico
WHY THIS INDICATOR MATTERS
Aggregate growth figures anchor cyclical positioning across asset classes and inform fiscal and monetary policy debate. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released annually.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a 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.