GDP in local currency terms reached 24,238 MXN bil in 2019 in Mexico, according to the National Statistical Office. This is 3.03 % more than in the previous year.
Historically, GDP in local currency terms in Mexico reached an all time high of 24,238 MXN bil in 2019 and an all time low of 0.163 MXN bil in 1960. When compared to Mexico's main peers, GDP in local currency terms in Belize amounted to 3.68 BZD bil, 590 GTQ bil in Guatemala, 615 HNL bil in Honduras and 21,433 USD bil in USA in 2019.
Mexico has been ranked 35th within the group of 174 countries we follow in terms of GDP in local currency terms, 1 places behind the position seen 10 years ago.
GDP at purchaser's prices is the sum of the gross value added to the economy by all resident producers, plus any product taxes and minus any subsidies not included in the value of the products.