Mexico PPP Conversion Factor
PPP conversion factor, GDP PA.NUS.PPP
Mexico's ppp conversion factor was 9.86 in 2025, ranked 85th globally. This represents a 0.6% decrease from 2024. Data from World Bank, covering 1990–2025.
Overview
Mexico's ppp conversion factor stood at 9.86 in 2025, a decline of +0.06 from 2024. Based on recent trends, this figure is projected to reach 9.86 by 2025. Mexico ranked 85th globally.
Mexico’s purchasing power parity (PPP) conversion factor has risen dramatically over the 36‑year series, moving from an all‑time trough of 1.35 in 1990 to a peak of 10.06 in 2021 before settling at 9.86 in 2025, ranking 85th globally. This eight‑fold increase reflects sustained real income growth, structural reforms and the gradual convergence of domestic prices with international benchmarks. The 2025 figure remains slightly below the 2021 high, suggesting a modest deceleration after the post‑pandemic surge. By comparison, Thailand’s conversion factor stands at 10.22, while Norway’s is 8.71, placing Mexico between these peers in terms of price level adjustment. The long‑term upward trajectory indicates that continued productivity gains, investment in human capital and stable macro‑policy could keep the factor advancing, whereas a slowdown in reforms or external shocks would likely temper further progress.
Data & projection
| Year | PPP Conversion Factor | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 9.84 | - | - |
| 2026* trend | 9.85 | - | - |
| 2025* trend | 9.86 | - | - |
| 2025 | 9.86 | −0.06 | #85 |
| 2024 | 9.92 | +0.17 | #108 |
| 2023 | 9.75 | −0.17 | #115 |
| 2022 | 9.92 | −0.14 | #118 |
| 2021 | 10.06 | +0.25 | #119 |
| 2020 | 9.81 | +0.29 | #119 |
| 2019 | 9.53 | +0.25 | #119 |
| 2018 | 9.28 | +0.36 | #118 |
| 2017 | 8.91 | +0.47 | #119 |
| 2016 | 8.45 | +0.12 | #118 |
| 2015 | 8.33 | +0.28 | #120 |
| 2014 | 8.05 | +0.16 | #119 |
| 2013 | 7.88 | +0.03 | #118 |
| 2012 | 7.86 | +0.19 | #119 |
| 2011 | 7.67 | −0.05 | #121 |
Detected Pattern
Analysis
Mexico matched the Orthodox Tightening Cycle pattern in 1999. Historically, 57% of countries showing this pattern (177 out of 311) saw ppp conversion factor improve within 24 months. View full analysis →
Frequently Asked Questions
Mexico's ppp conversion factor was 9.86 in 2025. Ranked 85th globally. This represents a 0.6% decrease from the previous year.
Mexico's ppp conversion factor peaked at 10.06 in 2021.
The lowest ppp conversion factor in Mexico was 1.35 in 1990.
Mexico ranks 85th globally in ppp conversion factor as of 2025.
The World Bank indicator code is PA.NUS.PPP. Data sourced from World Bank.
Mexico's ppp conversion factor is projected to reach 9.86 by 2025 based on trend extrapolation.
The ppp conversion factor of Mexico in 2025 was 9.86. This ranks 85th in the world.
Cite this page
@misc{historysaid_mexico_ppp-conversion-factor,
title = {Mexico PPP Conversion Factor},
url = {https://historysaid.com/mexico/ppp-conversion-factor/},
publisher = {HistorySaid},
year = {2026}
}