Home Mexico GDP Growth 1997

Mexico – GDP Growth 1997

Annual percentage growth rate of GDP at market prices based on constant local currency. A negative value indicates economic contraction. · World Bank
7.20% +0.98pp from 1996 G20 rank: 43rd

Mexico's gdp growth was 7.20% in 1997, increased +0.98pp from 6.22% in 1996. This was the 43rd highest in the G20.

G20 Ranking – 1997
RankCountryValueYoY
1st Equatorial Guinea 149.97% 125.3%
2nd Liberia 106.28% 776.8%
3rd Bosnia and Herzegovina 36.64% -32.4%
4th Qatar 30.01% 586.2%
5th Honduras 22.43% -2.3%
6th Iraq 21.24% 92.7%
7th Sudan 18.31% 209.4%
8th West Bank and Gaza 14.67% 1,107.7%
9th Togo 14.38% 62.7%
10th Rwanda 13.85% 8.7%
11th Estonia 13.05% 164.0%
12th Seychelles 12.19% 22.0%
13th Mozambique 11.81% 10.5%
14th Belarus 11.40% 307.1%
15th Cabo Verde 11.12% -2.0%
16th Ireland 11.02% 49.4%
17th Georgia 10.52% -6.1%
18th Tuvalu 10.00% 267.8%
19th Kyrgyz Republic 9.92% 40.0%
20th Côte d'Ivoire 9.65% 24.8%
21st China 9.29% -6.9%
22nd Latvia 9.17% 298.8%
23rd Andorra 9.07% 95.0%
24th Serbia 8.93% 44.9%
25th Dominican Republic 8.90% 49.3%
26th Isle of Man 8.60% 11.7%
27th Uruguay 8.55% 53.2%
28th Maldives 8.40% 6.9%
29th Botswana 8.33% 42.8%
30th Singapore 8.32% 11.3%
31st Lithuania 8.30% 65.1%
32nd United Arab Emirates 8.19% 41.3%
33rd Viet Nam 8.15% -12.7%
34th Argentina 8.11% 46.8%
35th Eritrea 7.91% -14.6%
36th Panama 7.71% 89.0%
37th Trinidad and Tobago 7.52% 5.4%
38th Chile 7.39% 3.9%
39th Türkiye 7.36% 2.8%
40th Malaysia 7.32% -26.8%
41st Angola 7.27% -46.3%
42nd Liechtenstein 7.23% 4.6%
43rd Mexico 7.20% 15.8%
44th Aruba 7.05% 494.3%
45th Lao PDR 6.87% -0.8%
46th St. Kitts and Nevis 6.82% 16.8%
47th Guinea-Bissau 6.50% -44.0%
48th Peru 6.48% 131.4%
49th Sri Lanka 6.41% 68.6%
50th Finland 6.40% 74.7%
51st Poland 6.36% 4.3%
52nd Brunei Darussalam 6.34% 23,324.7%
53rd Burkina Faso 6.32% -42.7%
54th Korea 6.28% -21.4%
55th Guyana 6.18% -22.3%
56th Croatia 6.17% 1.0%
57th Oman 6.03% 98.1%
58th Azerbaijan 5.80% 346.2%
59th Gabon 5.74% 58.3%
60th Benin 5.73% 32.6%
61st Suriname 5.70% 470.0%
62nd Mauritius 5.69% 1.8%
63rd Chad 5.65% 155.3%
64th Myanmar 5.65% -12.3%
65th Egypt, Arab Republic of 5.49% 10.1%
66th Slovak Republic 5.49% -10.4%
67th Costa Rica 5.48% 305.5%
68th Antigua and Barbuda 5.47% -17.2%
69th Tunisia 5.44% -23.9%
70th Luxembourg 5.42% 287.7%
71st Bhutan 5.37% -3.4%
72nd Central African Republic 5.30% 232.5%
73rd Norway 5.28% 5.1%
74th Malta 5.26% 39.2%
75th Yemen, Republic of 5.23% 12.9%
76th Libya 5.21% 144.3%
77th Uzbekistan 5.20% 205.9%
78th Philippines 5.19% -11.5%
79th Guinea 5.18% 16.1%
80th Slovenia 5.17% 77.5%
81st Uganda 5.10% -43.8%
82nd Hong Kong SAR, China 5.10% 19.8%
83rd Nepal 5.05% -5.2%
84th Syrian Arab Republic 5.02% -48.9%
85th Grenada 5.02% 13.0%
86th Bolivia, Plurinational State of 4.95% 13.6%
87th Vanuatu 4.91% 110.8%
88th Gambia, The 4.90% 120.4%
89th Puerto Rico (US) 4.88% 110.9%
90th United Kingdom 4.88% 86.6%
91st Barbados 4.74% 19.2%
92nd Indonesia 4.70% -39.9%
93rd Bermuda 4.60% 76.9%
94th Cameroon 4.53% 7.4%
95th Bangladesh 4.49% -0.7%
96th United States 4.45% 17.9%
97th Comoros 4.41% 964.2%
98th Portugal 4.40% 25.6%
99th Guatemala 4.36% 47.5%
100th Ecuador 4.33% 149.9%
101st Canada 4.28% 153.4%
102nd Netherlands 4.25% 24.2%
103rd Paraguay 4.24% 169.6%
104th Belize 4.23% 283.1%
105th Namibia 4.22% 32.2%
106th Ghana 4.20% -8.8%
107th Iceland 4.14% -7.9%
108th Mali 4.12% -35.3%
109th India 4.05% -46.4%
110th Cambodia 4.01% -32.1%
111th Timor-Leste 4.00% -49.9%
112th Nicaragua 3.97% -37.5%
113th Australia 3.92% 1.4%
114th Mongolia 3.90% 74.3%
115th Zambia 3.81% -38.7%
116th Belgium 3.79% 187.1%
117th Malawi 3.79% -48.2%
118th Lesotho 3.70% -33.8%
119th Madagascar 3.69% 71.5%
120th Israel 3.61% -38.1%
121st Greece 3.60% 160.6%
122nd Spain 3.59% 37.6%
123rd Tanzania 3.53% -22.4%
124th St. Vincent and the Grenadines 3.51% 172.2%
125th Colombia 3.43% 66.9%
126th Brazil 3.39% 53.7%
127th Armenia 3.32% -43.4%
128th Jordan 3.31% 58.5%
129th Denmark 3.17% 9.4%
130th El Salvador 3.14% 286.7%
131st Eswatini 3.10% -19.2%
132nd Bahrain 3.09% -24.7%
133rd Sweden 3.06% 79.8%
134th Senegal 3.05% 50.8%
135th Hungary 2.98% 2,841.6%
136th Nigeria 2.94% -30.0%
137th Cuba 2.78% -64.5%
138th Haiti 2.70% -34.7%
139th European Union 2.68% 40.1%
140th Zimbabwe 2.68% -74.1%
141st Saudi Arabia 2.65% -19.9%
142nd Cyprus 2.64% 111.5%
143rd South Africa 2.60% -39.5%
144th France 2.53% 80.9%
145th Kuwait 2.47% 308.7%
146th Palau 2.30% -77.9%
147th Switzerland 2.26% 379.8%
148th Monaco 2.24% 101.4%
149th Dominica 2.19% -29.6%
150th Austria 2.15% -3.2%
151st New Zealand 2.08% -42.4%
152nd New Caledonia 2.01% 346.2%
153rd Italy 1.93% 43.1%
154th Germany 1.85% 78.7%
155th Kazakhstan 1.70% 240.0%
156th Tajikistan 1.68% 110.1%
157th Moldova 1.65% 128.0%
158th Niger 1.53% 1,419.4%
159th Greenland 1.47% -4.0%
160th North Macedonia 1.44% 21.5%
161st Russian Federation 1.40% 137.3%
162nd Iran, Islamic Republic of 1.35% -78.7%
163rd Bahamas, The 1.29% -69.5%
164th Somalia, Fed. Rep. 1.18% -85.3%
165th Kiribati 1.18% 2,361.7%
166th Algeria 1.10% -73.2%
167th Lebanon 1.05% -90.7%
168th Pakistan 1.01% -79.1%
169th São Tomé and Principe 1.00% -33.6%
170th Japan 0.98% -68.7%
171st Samoa 0.64% -91.0%
172nd Kenya 0.47% -88.5%
173rd French Polynesia -0.12% 81.6%
174th Macao SAR, China -0.28% 33.6%
175th Czechia -0.60% -114.3%
176th Tonga -0.60% -746.3%
177th Congo, Republic of -0.62% -114.6%
178th St. Lucia -0.69% -123.8%
179th Solomon Islands -0.91% -156.8%
180th Jamaica -1.14% -902.8%
181st Morocco -1.56% -112.6%
182nd Burundi -1.59% 80.1%
183rd Fiji -2.20% -145.8%
184th Thailand -2.75% -148.7%
185th Ukraine -3.00% 70.0%
186th Papua New Guinea -3.90% -150.5%
187th Mauritania -4.04% -169.5%
188th Romania -4.85% -224.1%
189th Congo, Democratic Republic of -5.62% -449.0%
190th Sierra Leone -5.88% -435.1%
191st Micronesia, Federated States of -6.21% -86.0%
192nd Marshall Islands -6.45% 37.4%
193rd Nauru -8.95% 24.5%
194th Turkmenistan -11.40% -270.1%
195th Albania -11.71% -259.6%
196th Bulgaria -14.12% -371.2%
HistorySaid – pattern alert

Mexico matched the Orthodox Tightening Cycle pattern in 1997. Historically: 271 occurrences, 157 successful (58%). Outcome 24 months later: 16.6%. View full analysis →