Annual inflation, consumer prices in Mexico
Mexico: Annual inflation, consumer prices was 4.7% in 2024. ▼ Falling
Annual inflation, consumer prices in Mexico, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual inflation, consumer prices in Mexico is 4.7%, measured in 2024.
That represents a change of down 14.6% on the previous year and up 17.5% over ten years.
Over the whole period, annual inflation, consumer prices in Mexico peaked at 9.5% in 2000 and was at its lowest, 2.7%, in 2015.
That places Mexico 59th out of 203 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Annual inflation, consumer prices in Mexico, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 9.5% | — |
| 2001 | 6.4% | -32.9% |
| 2002 | 5.0% | -21.0% |
| 2003 | 4.5% | -9.6% |
| 2004 | 4.7% | +3.1% |
| 2005 | 4.0% | -14.9% |
| 2006 | 3.6% | -9.0% |
| 2007 | 4.0% | +9.3% |
| 2008 | 5.1% | +29.2% |
| 2009 | 5.3% | +3.4% |
| 2010 | 4.2% | -21.5% |
| 2011 | 3.4% | -18.0% |
| 2012 | 4.1% | +20.7% |
| 2013 | 3.8% | -7.4% |
| 2014 | 4.0% | +5.6% |
| 2015 | 2.7% | -32.3% |
| 2016 | 2.8% | +3.7% |
| 2017 | 6.0% | +114.1% |
| 2018 | 4.9% | -18.9% |
| 2019 | 3.6% | -25.8% |
| 2020 | 3.4% | -6.6% |
| 2021 | 5.7% | +67.5% |
| 2022 | 7.9% | +38.8% |
| 2023 | 5.5% | -30.0% |
| 2024 | 4.7% | -14.6% |
Mexico compared with similar countries
- Mexico's 4.7% is above the median for upper middle income countries, which is 3.1%, 1.5× the median. (52 countries reporting)
- Mexico's 4.7% is above the median for Latin America & Caribbean, which is 3.3%, 1.4× the median. (34 countries reporting)
Biggest year-on-year movements
Years where Annual inflation, consumer prices in Mexico changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +114.1% | 2.8% | 6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.2% | 3.6% | 9.5% | 10 |
| 2010s | 4.0% | 2.7% | 6.0% | 10 |
| 2020s | 5.4% | 3.4% | 7.9% | 5 |
Countries ranked near Mexico
More development goals data for Mexico
- Red List Index 0.727 index (2025)
- Number of refugees per 100,000 population, by country of origin 20.72 per 100,000 people (2025)
- Manufacturing value added per capita 2,025 constant US$ (2025)
- Number of transboundary breeds 73 (2025)
- Number of transboundary breeds (not extinct) 73 (2025)
- Number of transboundary breeds with unknown risk status 44 (2025)
- Number of local breeds with unknown risk status 38 (2025)
- Number of local breeds (not extinct) 42 (2025)
- Number of local breeds kept in the country 42 (2025)
- Infant deaths 24,487 (2024)
Frequently asked questions
- What is annual inflation, consumer prices in Mexico?
- Annual inflation, consumer prices in Mexico was 4.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual inflation, consumer prices recorded in Mexico?
- The highest recorded value was 9.5% in 2000.
- What is the lowest annual inflation, consumer prices recorded in Mexico?
- The lowest recorded value was 2.7% in 2015.
- How does Mexico rank for annual inflation, consumer prices?
- Mexico ranks 59th out of 203 countries with data for 2024.
- Is annual inflation, consumer prices rising or falling in Mexico?
- Over the last ten years it is up 17.5%. The long-run trend across the full record is falling.
- Where does this Mexico data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual inflation, consumer prices (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).