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Analysis by Region - Emerging Markets - Mexico

Publisher Oxford Economics
Published Dec 08, 2025
Length 8 Pages
SKU # OFE20650290

Description

We've nudged our 2026 GDP growth outlook for Mexico down by 0.1ppt to 1.4%, in line with the consensus view. However, risks remain tilted to the downside as the GDP contraction in Q3 and a likely weak start to Q4 will provide a weak statistical carryover for next year.

Table of Contents

8 Pages
Mexico: Economy will likely escape a technical recession again
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

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