Weak economy
The annual GDP expansion of Mexico, the second economy in Latin America after Brazil, was just 0.7% in 2025.
This constitutes the worst result since the 8.5% contraction recorded in 2020, according to Inegi data. In 2024, the Mexican economy grew 1.2%.
Last year’s weak performance coincided with the return to the White House of Donald Trump, who led a global protectionist offensive by imposing tariffs on exports from numerous countries.
Mexico, which sends more than 80% of its exports to the United States, is particularly vulnerable to Trump’s trade policies, which has generated uncertainty in business sectors and the business climate in general.
Annual growth was led by primary activities, which cover sectors such as fishing, agriculture and livestock, which grew 3.7%.
