Mexico: Manufacturing value added
* indicates monthly or quarterly data series
Mexico |
Manufacturing value added, billion USD |
---|---|
Latest value | 360.73 |
Year | 2023 |
Measure | billion U.S. dollars |
Data availability | 1965 - 2023 |
Average | 113.95 |
Min - Max | 4.07 - 360.73 |
Source | The World Bank |
The latest value from 2023 is 360.73 billion U.S. dollars, an increase from 314.4 billion U.S. dollars in 2022. In comparison, the world average is 92.84 billion U.S. dollars, based on data from 127 countries. Historically, the average for Mexico from 1965 to 2023 is 113.95 billion U.S. dollars. The minimum value, 4.07 billion U.S. dollars, was reached in 1965 while the maximum of 360.73 billion U.S. dollars was recorded in 2023.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
Recent data
Historical series
Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
All articles
Related indicators | Latest | Reference | Measure |
---|---|---|---|
Share of industry | 31.75 | 2023 | percent |
Share of manufacturing | 20.16 | 2023 | percent |
Share of services | 58.32 | 2023 | percent |
Industry value added | 568.00 | 2023 | billion U.S. dollars |
Manufacturing value added | 360.73 | 2023 | billion U.S. dollars |
Services value added | 1,043.26 | 2023 | billion U.S. dollars |
Savings, percent of GDP | 19.90 | 2022 | percent |
Savings, in dollars | 352.05 | 2023 | billion U.S. dollars |