Analysis by Region - Emerging Markets - Mexico

A slightly better-than-expected start to Q2 marginally lifted our 2025 GDP forecast to 0.2% growth and suggested the likely end to the recent spiral of downward revisions caused by US tariffs and record levels of economic uncertainty. In fact, if the economy remains resilient into Q3, we see scope for slight improvements in the outlook. We expect Mexico's GDP will rebound to 1.8% growth next year, above the consensus of 1.3%.


Mexico: Unexpected Q2 resilience will likely fade in H2
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Alternative long-run scenarios
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings