In 2023, the oil and gas extraction sector in Mexico accounted for a 1.3 percent share of the country's gross domestic product (GDP), down from an annual contribution of 1.9 percent in the previous year. This was the lowest figure recorded during the period in consideration, as the sector's contribution to Mexico's GDP has experienced a mostly declining tendency in recent years. Over the past decade, Mexico's crude oil production has also shown a significant decrease.
Oil and gas extraction sector as share of gross domestic product (GDP) in Mexico from 2007 to 2023
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INEGI. (February 22, 2024). Oil and gas extraction sector as share of gross domestic product (GDP) in Mexico from 2007 to 2023 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1173837/gdp-share-oil-gas-sector-mexico/
INEGI. "Oil and gas extraction sector as share of gross domestic product (GDP) in Mexico from 2007 to 2023." Chart. February 22, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1173837/gdp-share-oil-gas-sector-mexico/
INEGI. (2024). Oil and gas extraction sector as share of gross domestic product (GDP) in Mexico from 2007 to 2023. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1173837/gdp-share-oil-gas-sector-mexico/
INEGI. "Oil and Gas Extraction Sector as Share of Gross Domestic Product (Gdp) in Mexico from 2007 to 2023." Statista, Statista Inc., 22 Feb 2024, https://www.statista.com/statistics/1173837/gdp-share-oil-gas-sector-mexico/
INEGI, Oil and gas extraction sector as share of gross domestic product (GDP) in Mexico from 2007 to 2023 Statista, https://www.statista.com/statistics/1173837/gdp-share-oil-gas-sector-mexico/ (last visited November 21, 2024)
Oil and gas extraction sector as share of gross domestic product (GDP) in Mexico from 2007 to 2023 [Graph], INEGI, February 22, 2024. [Online]. Available: https://www.statista.com/statistics/1173837/gdp-share-oil-gas-sector-mexico/