The following list shows the GDP (nominal) of Mexico's 32 states as of 2022, ranked in order. Overall, in the calendar year 2022, the Nominal GDP of Mexico at Current Prices totaled at US$1.42 trillion, as compared to US$1.27 trillion in 2021.
Federal entities by GDP 2022 (millions) [1] [2] | |||||||
---|---|---|---|---|---|---|---|
Position | State | Nominal GDP (MXN) | Nominal GDP (USD) | GDP PPP (USD) | Growth | Nominal GDP per capita | % of national |
1 | Mexico City | 4,270,240 | 212,506 | 443,661 | 1.12% | $22,823 | 15% |
2 | State of Mexico | 2,577,033 | 128,244 | 267,744 | 2.08% | $7,380 | 9.05% |
3 | Nuevo León | 2,349,027 | 116,898 | 244,055 | 2.10% | $19,452 | 8.25% |
4 | Jalisco | 2,146,364 | 106,812 | 222,999 | 6.91% | $12,412 | 7.54% |
5 | Veracruz | 1,226,769 | 61,049 | 127,456 | −0.03% | $7,491 | 4.31% |
6 | Guanajuato | 1,211,951 | 60,312 | 125,917 | 3.21% | $9,568 | 4.26% |
7 | Baja California | 1,082,329 | 53,861 | 112,450 | 2.76% | $14,185 | 3.80% |
8 | Sonora | 1,055,214 | 52,512 | 109,633 | 3.76% | $17,503 | 3.71% |
9 | Chihuahua | 1,049,834 | 52,244 | 109,074 | 4.74% | $13,637 | 3.69% |
10 | Coahuila | 1,034,560 | 51,484 | 107,487 | 0.56% | $15,699 | 3.63% |
11 | Puebla | 902,651 | 44,920 | 93,782 | 4.14% | $6,736 | 3.17% |
12 | Tamaulipas | 842,030 | 41,903 | 87,484 | 2.86% | $11,674 | 2.96% |
13 | Tabasco | 748,259 | 37,237 | 77,741 | 10.61% | $15,092 | 2.63% |
14 | Michoacán | 700,144 | 34,842 | 72,742 | 2.90% | $7,066 | 2.46% |
15 | Sinaloa | 668,476 | 33,266 | 69,452 | 4.35% | $10,840 | 2.35% |
16 | San Luis Potosí | 662,415 | 32,965 | 68,822 | 3.21% | $11,556 | 2.33% |
17 | Querétaro | 656,317 | 32,661 | 68,189 | 3.67% | $13,266 | 2.31% |
18 | Campeche | 521,137 | 25,934 | 54,144 | −5.50% | $27,562 | 1.83% |
19 | Hidalgo | 482,226 | 23,998 | 50,101 | 8.73% | $7,530 | 1.69% |
20 | Oaxaca | 479,985 | 23,886 | 49,869 | 6.71% | $5,657 | 1.69% |
21 | Chiapas | 455,199 | 22,653 | 47,293 | 5.22% | $3,989 | 1.60% |
22 | Quintana Roo | 446,762 | 22,233 | 46,417 | 10.80% | $11,479 | 1.57% |
23 | Yucatán | 428,208 | 21,309 | 44,489 | −0.40% | $8,996 | 1.50% |
24 | Guerrero | 391,534 | 19,484 | 40,679 | 3.71% | $5,428 | 1.38% |
25 | Aguascalientes | 356,022 | 17,717 | 36,989 | −1.97% | $12,028 | 1.25% |
26 | Durango | 341,784 | 17,009 | 35,510 | −0.53% | $9,024 | 1.20% |
27 | Morelos | 313,577 | 15,605 | 32,579 | 6.28% | $7,861 | 1.10% |
28 | Zacatecas | 268,941 | 13,384 | 27,942 | 0.51% | $8,184 | 0.94% |
29 | Baja California Sur | 261,572 | 13,017 | 27,176 | 7.74% | $15,556 | 0.92% |
30 | Nayarit | 204,929 | 10,198 | 21,291 | 3.27% | $8,171 | 0.72% |
31 | Colima | 168,921 | 8,406 | 17,550 | 1.57% | $11,010 | 0.59% |
32 | Tlaxcala | 157,699 | 7,848 | 16,384 | 1.45% | $5,594 | 0.55% |
Mexico | 28,462,110 | 1,416,399 | 2,957,102 | 3.1% | $10,950 | 100% | |
Top 30 metro areas of Mexico with most GDP:
Metropolitan areas by GDP 2021 (millions) [3] [4] | |||||||
---|---|---|---|---|---|---|---|
Metropolitan area | Position | GDP (MXN) | GDP (USD) | PPP (USD) | Population | GDP per capita (USD) | PPP per capita (USD) |
Mexico | - | 25,803,508 | 1,272,839 | 2,569,222 | 126,705,138 | 10,046 | 20,277 |
Valley of Mexico | 1 | 5,897,909 | 290,933 | 587,247 | 21,804,515 | 13,343 | 26,932 |
Monterrey | 2 | 2,050,414 | 101,143 | 204,157 | 5,341,171 | 18,937 | 38,223 |
Guadalajara | 3 | 1,309,083 | 64,575 | 130,344 | 5,268,642 | 12,256 | 24,740 |
Tijuana | 4 | 649,954 | 32,061 | 64,715 | 2,157,853 | 14,858 | 29,991 |
Toluca | 5 | 626,230 | 30,891 | 62,353 | 2,353,924 | 13,123 | 26,489 |
Puebla-Tlaxcala | 6 | 575,561 | 28,391 | 57,308 | 3,199,530 | 8,874 | 17,911 |
Querétaro | 7 | 482,631 | 23,807 | 48,055 | 1,594,212 | 14,934 | 30,143 |
León | 8 | 440,046 | 21,707 | 43,815 | 1,924,771 | 11,278 | 22,764 |
Saltillo | 9 | 397,449 | 19,605 | 39,573 | 1,031,779 | 19,002 | 38,355 |
Juárez | 10 | 363,107 | 17,911 | 36,154 | 1,512,450 | 11,843 | 23,904 |
San Luis Potosí | 11 | 354,542 | 17,489 | 35,301 | 1,271,366 | 13,756 | 27,766 |
Hermosillo | 12 | 352,152 | 17,371 | 35,063 | 936,263 | 18,554 | 37,450 |
La Laguna | 13 | 332,734 | 16,413 | 33,130 | 1,434,283 | 11,443 | 23,099 |
Veracruz | 14 | 305,487 | 15,069 | 30,417 | 939,046 | 16,047 | 32,391 |
Aguascalientes | 15 | 296,206 | 14,611 | 29,493 | 1,140,916 | 12,807 | 25,850 |
Chihuahua | 16 | 279,865 | 13,805 | 27,865 | 988,065 | 13,972 | 28,202 |
Mérida | 17 | 269,603 | 13,299 | 26,844 | 1,316,088 | 10,105 | 20,397 |
Villahermosa | 18 | 268,490 | 13,244 | 26,733 | 833,907 | 15,882 | 32,058 |
Tampico | 19 | 263,139 | 12,980 | 26,200 | 927,379 | 13,997 | 28,252 |
Mexicali | 20 | 248,772 | 12,271 | 24,770 | 1,049,792 | 11,689 | 23,595 |
Culiacán | 21 | 226,191 | 11,158 | 22,522 | 1,003,530 | 11,118 | 22,442 |
Cancún | 22 | 210,735 | 10,395 | 20,983 | 934,189 | 11,127 | 22,461 |
Minatitlán | 23 | 203,271 | 10,027 | 20,239 | 359,228 | 27,913 | 56,341 |
Reynosa | 24 | 200,111 | 9,871 | 19,924 | 837,251 | 11,790 | 23,798 |
Xalapa | 25 | 190,494 | 9,397 | 18,967 | 789,157 | 11,907 | 24,035 |
Morelia | 26 | 185,703 | 9,160 | 18,490 | 988,704 | 9,265 | 18,701 |
Cuernavaca | 27 | 180,226 | 8,890 | 17,945 | 1,028,589 | 8,643 | 17,446 |
Tehuantepec | 28 | 149,853 | 7,392 | 14,921 | 179,870 | 41,096 | 82,952 |
Mazatlán | 29 | 147,507 | 7,276 | 14,687 | 501,441 | 14,511 | 29,290 |
Celaya | 30 | 145,432 | 7,174 | 14,480 | 767,104 | 9,352 | 18,877 |
General:
With a population of about 129 million in 2022, Mexico is the 10th most populated country in the world. It is the largest Spanish-speaking country in the world and the third-most populous country in the Americas after the United States and Brazil, the most populous city in the country is the capital, Mexico City, with a population of 8.9 million (2016), and its metropolitan area is also the most populated with 20.1 million (2010). Approximately 50% of the population lives in one of the 55 large metropolitan areas in the country. In total, about 78.84% of the population of the country lives in urban areas, and only about 21.16% in rural ones.
The economy of Mexico is a developing mixed-market economy. It is the 12th largest in the world in nominal GDP terms and by purchasing power parity as of 2024. Since the 1994 crisis, administrations have improved the country's macroeconomic fundamentals. Mexico was not significantly influenced by the 2002 South American crisis, and maintained positive, although low, rates of growth after a brief period of stagnation in 2001. However, Mexico was one of the Latin American nations most affected by the 2008 recession with its gross domestic product contracting by more than 6% in that year. Among OECD nations, Mexico has a fairly strong social security system; social expenditure stood at roughly 7.5% of GDP.
North America is a continent in the Northern and Western Hemispheres. North America is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South America and the Caribbean Sea, and to the west and south by the Pacific Ocean. The region includes the Bahamas, Bermuda, Canada, the Caribbean, Central America, Clipperton Island, Greenland, Mexico, Saint Pierre and Miquelon, Turks and Caicos Islands, and the United States.
The United States is a highly developed mixed economy. It is the world's largest economy by nominal GDP; it is also the second largest by purchasing power parity (PPP), behind China. It has the world's sixth highest per capita GDP (nominal) and the eighth highest per capita GDP (PPP) as of 2024. The U.S. accounted for 26% of the global economy in 2023 in nominal terms, and about 15.5% in PPP terms. The U.S. dollar is the currency of record most used in international transactions and is the world's reserve currency, backed by a large U.S. treasuries market, its role as the reference standard for the petrodollar system, and its linked eurodollar. Several countries use it as their official currency and in others it is the de facto currency. Since the end of World War II, the economy has achieved relatively steady growth, low unemployment and inflation, and rapid advances in technology.
Nuevo León, officially the Free and Sovereign State of Nuevo León is a state in northeastern Mexico. The state borders the Mexican states of Tamaulipas, Coahuila, Zacatecas, and San Luis Potosi, and has an extremely narrow international border with the U.S. state of Texas. Covering 64,156 square kilometers and with a population of 5.78 million people, Nuevo León is the thirteenth-largest federal entity by area and the seventh-most populous as of 2020.
The world economy or global economy is the economy of all humans in the world, referring to the global economic system, which includes all economic activities conducted both within and between nations, including production, consumption, economic management, work in general, financial transactions and trade of goods and services. In some contexts, the two terms are distinct: the "international" or "global economy" is measured separately and distinguished from national economies, while the "world economy" is simply an aggregate of the separate countries' measurements. Beyond the minimum standard concerning value in production, use and exchange, the definitions, representations, models and valuations of the world economy vary widely. It is inseparable from the geography and ecology of planet Earth.
The national debt of the United States is the total national debt owed by the federal government of the United States to Treasury security holders. The national debt at any point in time is the face value of the then-outstanding Treasury securities that have been issued by the Treasury and other federal agencies. The terms "national deficit" and "national surplus" usually refer to the federal government budget balance from year to year, not the cumulative amount of debt. In a deficit year the national debt increases as the government needs to borrow funds to finance the deficit, while in a surplus year the debt decreases as more money is received than spent, enabling the government to reduce the debt by buying back some Treasury securities. In general, government debt increases as a result of government spending and decreases from tax or other receipts, both of which fluctuate during the course of a fiscal year. There are two components of gross national debt:
The gross national income (GNI), previously known as gross national product (GNP), is the total domestic and foreign financial output claimed by the residents of a country, consisting of gross domestic product (GDP), plus factor incomes earned by foreign residents, minus income earned in the domestic economy by nonresidents.
Mumbai Metropolitan Region, is a metropolitan area consisting of Mumbai and its satellite towns in the northern Konkan division of Maharashtra in western India. The region has an area of 6,328 square kilometres (2,443 sq mi) and with a population of over 26 million it is among the most populous metropolitan areas in the world.
Mexico, officially the United Mexican States, is a country in the southern portion of North America. Covering 1,972,550 km2, it is the world's 13th largest country by area; with a population of almost 130 million, it is the 10th most populous country and has the most Spanish speakers in the world. Mexico is a constitutional republic comprising 31 states and Mexico City, its capital and largest city, which is among the world's most populous metropolitan areas. The country shares land borders with the United States to the north, with Guatemala and Belize to the southeast; as well as maritime borders with the Pacific Ocean to the west, the Caribbean Sea to the southeast, and the Gulf of Mexico to the east.
The economy of the Arab League is the economy of the member states of the Arab League. The economy has traditionally been dependent on exports of oil and natural gas; however, the tourism sector has grown rapidly, becoming the fastest-growing sector in the region. The Greater Arab Free Trade Area, founded in 1997, is the league's free trade area which removed customs taxes on 65% of trade between counties in the Arab World.
Zacatecas, officially the Free and Sovereign State of Zacatecas, is one of the 31 states of Mexico. It is divided into 58 municipalities and its capital city is Zacatecas.
The Pacific Alliance is a Latin American trade bloc, formed by Chile, Colombia, Mexico and Peru, which all border the Pacific Ocean. The alliance was formed with the express purpose of improving regional integration and moving toward complete freedom in the movement of goods, services, capital and people between the four member states. Together, these four countries have a combined population of more than 230 million people and make up roughly 35 percent of Latin American GDP.
The economy of Beijing ranks among the most developed and prosperous cities in China. In 2013, the municipality's nominal gross domestic product (GDP) was CN¥1.95 trillion. It was about 3.43% of the country's total output, and ranked 13th among province-level administrative units. Per capita GDP, at CN¥93,213 (US$15,051) in nominal terms and Int $21,948 at purchasing power parity, was 2.2 times the national average and ranked second among province-level administrative units.