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Mexico’s economic activity grows 2.1% in the second quarter of 2026
Herz — World Desk · · 30s summary · 1 min read
The essentials
Mexico’s economic activity increased by 2.1% year on year in the second quarter of 2026, reversing the contraction recorded during the first three months of the year. According to ANSA, this was the country’s strongest increase since late 2020. All three main sectors expanded, led by the primary sector with annual growth of 7.3%. Mexico’s Finance Ministry expects GDP to grow by between 1.8% and 2.8% in 2026, compared with forecasts of 1.1% from the market and 1.2% from the International Monetary Fund.
- Economic activity increased by 2.1% year on year.
- All three main sectors recorded growth.
- The primary sector posted the strongest annual increase.
- Mexico’s 2026 growth forecasts range from 1.1% to 2.8%.
What the data shows
Mexico’s economic activity increased by 2.1% year on year in the second quarter of 2026. According to ANSA, the increase reversed the contraction recorded during the first three months of the year.
The result was the country’s strongest increase in economic activity since late 2020. According to the latest official reading from Mexico’s national statistics agency, Inegi, all three main sectors expanded during the quarter.
Performance by sector
The primary sector, which includes agriculture, livestock, fishing, mining and oil, grew by 7.3% year on year. It expanded by 3.3% compared with the previous quarter.
The secondary sector, comprising industry, construction and electricity generation, increased by 1.6% year on year and by 0.8% compared with the previous quarter.
The tertiary sector, which accounts for the largest share of Mexico’s GDP, grew by 1.5% year on year. Its quarterly increase was 2.5%.
Primary sector7.3
Secondary sector1.6
Tertiary sector1.5
The outlook for 2026
Mexico’s Finance Ministry forecasts GDP growth of between 1.8% and 2.8% in 2026. The market forecast stands at 1.1%, compared with 1.2% from the International Monetary Fund.
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