Mexico GDP Growth Rate (1961-2023)
Mexico’s economic growth from 1961 showcases both resilience and vulnerability. The 1960s and 1970s saw rapid industrialization, reaching in 1964. However, the debt crisis of the 1980s led to contractions, and growth remained volatile. The 2008 financial crisis caused a steep decline, but the economy rebounded, reaching in 2010. The pandemic induced a sharp contraction in 2020, but by 2023, growth had stabilized around , driven by manufacturing and exports.
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