Americas · World Bank + FRED data · updated Sep 28, 2026

Mexico economy forecast

For 2026 the model expects inflation of 4.8%, GDP growth of 2.2% and unemployment of 2.7% in Mexico.

Inflation

CPI, annual %

4.8%

2026 forecast

Latest · 2025: 3.8%▲ +1.0 pp

GDP growth

Annual %

2.2%

2026 forecast

Latest · 2025: 0.6%▲ +1.6 pp

Unemployment

% of labor force, ILO modeled

2.7%

2026 forecast

Latest · 2025: 2.7%▲ +0.1 pp

GDP per capita

Current US$

$13,654

2026 forecast

Latest · 2025: $13,889▼ −1.7%

Population

Population, total

133.8M

2026 forecast

Latest · 2025: 131.9M▲ +1.4%

USD/MXN

MXN per 1 USD

17.351

in 12 months

Last close · Sep 25, 2026: 17.693▼ −1.9%

Mexico at a glance, 2026–2028

IndicatorLatest202620272028
Inflation3.8% 20254.8%5.3%5.8%
GDP growth0.6% 20252.2%2.3%2.3%
Unemployment2.7% 20252.7%2.8%2.8%
GDP per capita$13,889 2025$13,654$13,780$13,919
Population131.9M 2025133.8M134.3M136.0M

Medians; each indicator's page shows its 80% range and backtest.

Other countries in Americas

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Statistical model, not financial advice. Forecasts are automatic outputs of TimesFM 2.5 on public data; outcomes land outside the 80% range about one time in five.