The manufacturing and services industries boosted Mexico’s Gross Domestic Product (GDP) in the second quarter of 2025, registering a 0.7% quarterly increase, marking two consecutive quarters of growth, the National Institute of Statistics and Geography (INEGI) announced Wednesday .
According to the Timely Estimate of the Quarterly Gross Domestic Product (EOPIBT) , at an annual rate, the Mexican economy also grew by 1.2 percent .
This result shows an improvement in the country’s economy, despite the global tariff environment, which has generated uncertainty in international markets.
By sector, in the period April-June 2025, the timely estimate of the GDP of primary activities , which includes agriculture, livestock, fishing, and mining, registered a decrease of 1.3% in its quarterly measurement.
Meanwhile, secondary activities , comprising the manufacturing industry, grew 0.8% quarterly in the period. Tertiary activities , which include trade, transportation, and services, grew 0.7% quarterly in the reference period.
At an annual rate, the GDP of primary activities increased by 4.5% , that of secondary activities decreased by 0.2% , and that of tertiary activities increased by 1.7 percent .
It’s worth remembering that the International Monetary Fund (IMF) improved its economic growth projection for Mexico in the most recent update of its World Economic Outlook (WEO) , estimating a 0.2% increase for this year, up from a 0.3% contraction the organization had forecast last April.
According to an analysis by Grupo Financiero Ve por Más (BX+) , the data released this Wednesday projects a relatively resilient economy . “On the other hand, high uncertainty will continue to be a drag on activity, so we maintain our forecast of low economic growth for all of 2025,” it noted.
He emphasized that private consumption will be supported by wage growth, although it will remain limited by low job creation, lower consumer confidence, and tight credit conditions.
“Despite an apparently strong second quarter, the export outlook is affected by distortions caused by tariffs and the expectation of slower economic growth in the United States,” the financial institution emphasized.
The Timely Estimate of Quarterly Gross Domestic Product provides a short-term view of the evolution of the country’s economic activities, 30 days after the end of the reference quarter, explained INEGI.
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