Mexico: change in GDP by quarter & sector 2020-2023
As a result of the COVID-19 pandemic, Mexico's gross domestic product (GDP) decreased the most in 2020 in comparison to 2019. As of the first quarter of 2023 the GDP has increased steadily reaching an organic growth, for this the industry that got the most benefited from was culture, sports, and recreational services, which showed an increase of 20.9 percent that period which also had it strongest comeback in the second quarter of 2021. Moreover, the worst hit industry was business services, and waste management and environmental services, which showed a decrease of 10.8 percent.
