Mexico Services Value Added (% of GDP) (2024)
Mexico's Services Value Added (% of GDP): 58.1 % of GDP in 2024, +0.5pp YoY. World Bank (NV.SRV.TOTL.ZS), 1990–2024.
Mexico (2024)
58.1
% of GDP
+0.5pp YoY
YoY Change
+0.5pp
percentage points
Trend
up
Series length
35
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | 58.1 | +0.5pp |
| 2023 | 57.6 | -0.6pp |
| 2022 | 58.1 | -0.2pp |
| 2021 | 58.3 | -0.9pp |
| 2020 | 59.2 | +0pp |
| 2019 | 59.2 | -0.1pp |
| 2018 | 59.3 | -0.1pp |
| 2017 | 59.4 | -0.7pp |
| 2016 | 60.1 | -0.4pp |
| 2015 | 60.5 | +0.4pp |
| 2014 | 60.1 | -1pp |
| 2013 | 61.1 | +1.1pp |
| 2012 | 59.9 | +0.1pp |
| 2011 | 59.9 | -0.6pp |
| 2010 | 60.5 | -0.5pp |
| 2009 | 61 | +1.3pp |
| 2008 | 59.7 | +0.4pp |
| 2007 | 59.3 | +0.2pp |
| 2006 | 59.1 | -1pp |
| 2005 | 60 | n/a |
About this Dataset
Mexico recorded 58.1 % of GDP in 2024. The most recent year-on-year change was +0.5pp. The historical series (1990–2024) shows a peak of 61.8 in 1992 and a trough of 56.8 in 1997.
Data sourced from World Bank Open Data API. Values use World Bank standardised methodology ensuring cross-country comparability.
The chart above shows the full historical trend; the table below lists annual values with year-on-year changes.
Frequently Asked Questions
This indicator tracks mexico services value added (% of gdp) in Mexico, published by World Bank. Data covers 1990–2024 at annual frequency using harmonised methodology.
The most recent observation covers 2024. World Bank typically publishes this series with a lag of several months after the reference period. Data is updated annual.
The series peaked at 61.8 % of GDP in 1992 and reached its lowest recorded value of 56.8 in 1997. The latest reading of 58.1 in 2024 represents a year-on-year change of +0.5pp.