Mexico Forecast: Unemployment Rate

1980 - 2029 | Yearly | % | International Monetary Fund

Key information about Mexico Unemployment Rate Forecast

  • Mexico Unemployment Rate is forecasted to be 2.956 % in Dec 2024 as reported by International Monetary Fund
  • It records an increase from the last reported number of 2.796 % in Dec 2023
  • Looking ahead, Mexico Unemployment Rate is projected to stand at 3.631 % in Dec 2029
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Unemployment Rate

View Mexico's Forecast: Unemployment Rate from 1980 to 2029 in the chart:

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Mexico Forecast: Unemployment Rate
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Mexico Forecast: Unemployment Rate

What is Mexico's Forecast: Unemployment Rate in 2029?

Mexico Unemployment Rate is forecasted to be 2.956 % in Dec 2024 as reported by International Monetary Fund See the table below for more data.

Last Previous Min Max Unit Frequency Range
3.631 2029 3.563 2028 0.900 1981 6.230 1995 % yearly 1980 - 2029

Forecast: Unemployment Rate by Country Comparison

country/region Last Frequency Range
Afghanistan (%) 0.000 yearly -
Albania (%) 10.700 2029 yearly 1980 - 2029
Algeria (%) 11.383 2019 yearly 1980 - 2019
Andorra (%) 1.550 2029 yearly 2010 - 2029
Angola (%) 0.000 yearly -
Antigua and Barbuda (%) 0.000 yearly -
Argentina (%) 7.000 2029 yearly 1980 - 2029
Armenia (%) 14.000 2029 yearly 2001 - 2029
Aruba (%) 5.091 2026 yearly 1991 - 2026
Australia (%) 4.524 2029 yearly 1980 - 2029
Austria (%) 5.179 2028 yearly 1980 - 2028
Azerbaijan (%) 5.098 2029 yearly 2000 - 2029
Bahamas (%) 9.500 2029 yearly 1986 - 2029
Bahrain (%) 6.300 2023 yearly 2007 - 2023
Bangladesh (%) 0.000 yearly -
Barbados (%) 7.677 2029 yearly 1981 - 2029
Belarus (%) 2.898 2029 yearly 1993 - 2029
Belgium (%) 5.700 2029 yearly 1980 - 2029
Belize (%) 3.400 2029 yearly 1990 - 2029
Benin (%) 0.000 yearly -
Bhutan (%) 3.500 2023 yearly 2003 - 2023
Bolivia (%) 5.200 2029 yearly 2000 - 2029
Bosnia and Herzegovina (%) 13.200 2029 yearly 1995 - 2029
Botswana (%) 0.000 yearly -
Brazil (%) 7.482 2029 yearly 1991 - 2029
Brunei (%) 4.900 2029 yearly 2011 - 2029
Bulgaria (%) 4.000 2029 yearly 1989 - 2029
Burkina Faso (%) 0.000 yearly -
Burundi (%) 0.000 yearly -
Cambodia (%) 0.000 yearly -
Cameroon (%) 0.000 yearly -
Canada (%) 5.960 2029 yearly 1980 - 2029
Cape Verde (%) 8.500 2029 yearly 1980 - 2029
Central African Republic (%) 0.000 yearly -
Chad (%) 0.000 yearly -
Chile (%) 7.500 2029 yearly 1980 - 2029
China (%) 5.100 2029 yearly 2017 - 2029
Colombia (%) 9.400 2029 yearly 1980 - 2029
Comoros (%) 0.000 yearly -
Congo (%) 0.000 yearly -
Costa Rica (%) 9.000 2026 yearly 1980 - 2026
Croatia (%) 5.466 2029 yearly 1991 - 2029
Cyprus (%) 4.979 2029 yearly 1982 - 2029
Czech Republic (%) 2.300 2028 yearly 1995 - 2028
Democratic Republic of Congo (%) 0.000 yearly -
Denmark (%) 5.000 2028 yearly 1980 - 2028
Djibouti (%) 0.000 yearly -
Dominica (%) 0.000 yearly -
Dominican Republic (%) 6.000 2029 yearly 1991 - 2029
Ecuador (%) 3.500 2029 yearly 1988 - 2029
Egypt (%) 5.502 2029 yearly 1990 - 2029
El Salvador (%) 5.216 2029 yearly 1988 - 2029
Equatorial Guinea (%) 0.000 yearly -
Eritrea (%) 0.000 yearly -
Estonia (%) 6.508 2029 yearly 1993 - 2029
Swaziland (%) 25.000 2016 yearly 1995 - 2016
Ethiopia (%) 0.000 yearly -
Fiji (%) 4.500 2029 yearly 1986 - 2029
Finland (%) 7.100 2028 yearly 1980 - 2028
France (%) 6.663 2028 yearly 1980 - 2028
Gabon (%) 0.000 yearly -
Gambia (%) 0.000 yearly -
Georgia (%) 14.500 2029 yearly 1996 - 2029
Germany (%) 2.963 2028 yearly 1980 - 2028
Ghana (%) 0.000 yearly -
Greece (%) 9.000 2028 yearly 1980 - 2028
Grenada (%) 0.000 yearly -
Guatemala (%) 0.000 yearly -
Guinea (%) 0.000 yearly -
Guinea-Bissau (%) 0.000 yearly -
Guyana (%) 0.000 yearly -
Haiti (%) 0.000 yearly -
Honduras (%) 8.000 2029 yearly 1980 - 2029
Hong Kong SAR, China (%) 2.669 2029 yearly 1980 - 2029
Hungary (%) 3.689 2029 yearly 1980 - 2029
Iceland (%) 4.000 2029 yearly 1980 - 2029
India (%) 0.000 yearly -
Indonesia (%) 5.100 2029 yearly 1984 - 2029
Iran (%) 9.000 2029 yearly 1990 - 2029
Iraq (%) 0.000 yearly -
Ireland (%) 4.507 2028 yearly 1985 - 2028
Israel (%) 3.900 2029 yearly 1980 - 2029
Italy (%) 8.250 2028 yearly 1980 - 2028
Ivory Coast (%) 0.000 yearly -
Jamaica (%) 4.400 2023 yearly 1980 - 2023
Japan (%) 2.300 2028 yearly 1980 - 2028
Jordan (%) 21.975 2023 yearly 1984 - 2023
Kazakhstan (%) 4.775 2029 yearly 1994 - 2029
Kenya (%) 0.000 yearly -
Kiribati (%) 0.000 yearly -
South Korea (%) 3.000 2029 yearly 1980 - 2029
Kosovo (%) 10.875 2023 yearly 2012 - 2023
Kuwait (%) 2.200 2028 yearly 2002 - 2028
Kyrgyzstan (%) 9.014 2029 yearly 1994 - 2029
Laos (%) 0.000 yearly -
Latvia (%) 6.286 2029 yearly 1992 - 2029
Lebanon (%) 0.000 yearly -
Lesotho (%) 0.000 2015 yearly 2000 - 2015
Liberia (%) 0.000 yearly -
Libya (%) 0.000 yearly -

Mexico Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.2 Sep 2024 quarterly Dec 1980 - Sep 2024
Consolidated Fiscal Balance (USD mn) -945.559 Jan 2025 monthly Jan 1977 - Jan 2025
Tax Revenue (USD mn) 25,194.708 Jan 2025 monthly Jan 1977 - Jan 2025
Tax Revenue: % of GDP (%) 13.6 Sep 2024 quarterly Mar 1993 - Sep 2024
National Government Debt (USD mn) 896,296.4 Jan 2025 monthly Dec 2005 - Jan 2025
Government Debt: % of GDP (%) 47.7 Sep 2024 quarterly Dec 2005 - Sep 2024
Forecast: Government Expenditure (MXN bn) 11,652.146 2029 yearly 1990 - 2029
Forecast: Government Net Debt (MXN bn) 26,401.275 2029 yearly 1996 - 2029
Forecast: Government Revenue (MXN bn) 10,439.952 2029 yearly 1990 - 2029
Domestic Public Debt: Gross Debt (MXN mn) 7,093,613.000 Feb 2019 monthly Dec 2005 - Feb 2019
External Public Debt: Gross (USD mn) 206,913.000 Feb 2019 monthly Jan 1990 - Feb 2019
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.085 2028 yearly 1980 - 2028
Trade Balance (USD mn) -423.4 Jan 2025 monthly Jan 1993 - Jan 2025
Total Exports (USD mn) 51,865.9 Jan 2025 monthly Jan 1993 - Jan 2025
Total Exports Growth (%) 5.9 Jan 2025 monthly Jan 1994 - Jan 2025
Aluminum: Exports (USD th) 573,653.597 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 1,595,820.629 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 275,215.547 2023 yearly 1995 - 2023
Total Imports (USD mn) 52,289.3 Jan 2025 monthly Jan 1993 - Jan 2025
Total Imports Growth (%) 6.5 Jan 2025 monthly Jan 1994 - Jan 2025
Imports: Medicament (USD th) 4,655,434.651 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 2,838,971.892 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 36,924.388 Jan 2025 monthly Jan 1980 - Jan 2025
Total Imports from USA (USD mn) 19,280.459 Jan 2025 monthly Jan 1980 - Jan 2025
Total Exports to China (USD mn) 785.668 Jan 2025 monthly Jan 1993 - Jan 2025
Total Imports from China (USD mn) 10,418.764 Dec 2024 monthly Jan 1993 - Dec 2024
Exports: Electrical Machinery and Equipment (EM) (USD mn) 6,022.477 Feb 2019 monthly Jan 1993 - Feb 2019
Exports: Nuclear Reactors, Boilers, Machinery & Mechanical Appliance (USD mn) 6,149.619 Feb 2019 monthly Jan 1993 - Feb 2019
Exports: Nuclear: Machinery for Treatment of Material (USD mn) 103.134 Feb 2019 monthly Jan 1993 - Feb 2019
Exports: Mineral Fuels, Mineral Oils & Products of Distillation (USD mn) 2,491.189 Feb 2019 monthly Jan 1993 - Feb 2019
Exports: Optical, Measuring,Checking, Precision,Instrument (Optical) (USD mn) 1,551.944 Feb 2019 monthly Jan 1993 - Feb 2019
Imports: Nuclear: Automatic Data Processing Machines and Units (USD mn) 685.386 Feb 2019 monthly Jan 1993 - Feb 2019
Imports: Nuclear Reactors, Boilers, Machinery & Mechanical Appliance (USD mn) 5,777.566 Feb 2019 monthly Jan 1993 - Feb 2019
Imports: Plastics and Article (Plastics) (USD mn) 1,925.806 Feb 2019 monthly Jan 1993 - Feb 2019
Imports: Mineral Fuels,Mineral Oils & Products of Their Distillation (USD mn) 3,024.751 Feb 2019 monthly Jan 1993 - Feb 2019
Imports: Nuclear: Parts & Accessories for Typewriters & Office (USD mn) 655.973 Feb 2019 monthly Jan 1993 - Feb 2019
Imports: Electrical Machinery and Equipment and Parts (EME) (USD mn) 7,329.957 Feb 2019 monthly Jan 1993 - Feb 2019
Exports: Vehicles: Parts&Accessories for Tractors, Public-transports (USD mn) 2,687.826 Jan 2025 monthly Jan 1993 - Jan 2025
Exports: Vehicles: Motor Vehicle for the Transport of Goods (USD mn) 1,620.935 Feb 2019 monthly Jan 1993 - Feb 2019
Exports: Vehicles, excl Railway or Tramway Rolling Stock (Vehicles) (USD mn) 9,412.539 Feb 2019 monthly Jan 1993 - Feb 2019
Exports: Vehicles: Tractor (USD mn) 786.691 Feb 2019 monthly Jan 1993 - Feb 2019
Imports: Vehicles: Motor Cars & Other Vehicles for Transport Persons (USD mn) 1,112.994 Jan 2025 monthly Jan 1993 - Jan 2025
Imports: Vehicles: Parts & Accessories for Tractors,Public-transport (USD mn) 2,552.477 Jan 2025 monthly Jan 1993 - Jan 2025
Imports: Vehicles: Motor Vehicle for the Transport of Goods (USD mn) 166.330 Feb 2019 monthly Jan 1993 - Feb 2019
Imports: Vehicles, excl Railway or Tramway Rolling Stock (Vehicles) (USD mn) 3,397.838 Feb 2019 monthly Jan 1993 - Feb 2019
Daily Exports: Volume: Crude Oil (Barrel th) 1,475.301 Feb 2019 monthly Jan 1990 - Feb 2019
Exports: Diodes, Transistors & Similar Devices, Semiconductor Devices (USD mn) 40.280 Feb 2019 monthly Jan 1993 - Feb 2019
Exports: Electronic Integrated Circuits & Microassemblies (USD mn) 130.078 Feb 2019 monthly Jan 1993 - Feb 2019
Imports: EME: Electronic Integrated Circuits & Microassemblies (USD mn) 2,211.913 Jan 2025 monthly Jan 1993 - Jan 2025
Imports: Diodes, Transistors & Similar Devices, Semiconductor Devices (USD mn) 242.596 Feb 2019 monthly Jan 1993 - Feb 2019
Exports: IS: Flat-rolled Iron 600mm or more Wide, Clad (USD mn) 27.204 Feb 2019 monthly Jan 1993 - Feb 2019
Exports: IS: Semi finished Products of Iron or Non-alloy Steel (USD mn) 43.270 Feb 2019 monthly Jan 1993 - Feb 2019
Exports: IS: Others (USD mn) 31.339 Feb 2019 monthly Jan 1993 - Feb 2019
Exports: Iron & Steel (IS) (USD mn) 227.470 Feb 2019 monthly Jan 1993 - Feb 2019
Imports: IS: Flat-rolled Iron 600mm or > Wide, Hot-rolled, not Clad (USD mn) 113.645 Feb 2019 monthly Jan 1993 - Feb 2019
Imports: Iron & Steel (IS) (USD mn) 929.948 Feb 2019 monthly Jan 1993 - Feb 2019
Imports: IS: Flat-rolled Iron 600mm or more Wide, Clad (USD mn) 122.019 Feb 2019 monthly Jan 1993 - Feb 2019
Imports: IS: Flat-rolled Alloy Steel Products, 600mm or more Wide (USD mn) 154.733 Feb 2019 monthly Jan 1993 - Feb 2019
Export Value: HS: Gold, Unwrought or in Semimanufactured or Powder Form (USD mn) 348.552 Feb 2019 monthly Jan 1993 - Feb 2019
Export Value: HS: Aluminum and Articles (Aluminum) (USD mn) 114.910 Feb 2019 monthly Jan 1993 - Feb 2019
Export Value: HS: Copper and Articles (Copper) (USD mn) 216.386 Feb 2019 monthly Jan 1993 - Feb 2019
Import Value: HS: Copper and Articles (Copper) (USD mn) 267.195 Feb 2019 monthly Jan 1993 - Feb 2019
Import Value: HS: Aluminum and Articles (Aluminum) (USD mn) 539.309 Feb 2019 monthly Jan 1993 - Feb 2019
Import Value: HS: Base Metal, Cermets, Articles (BMC) (USD mn) 30.263 Feb 2019 monthly Jan 1993 - Feb 2019
Export Value Index (2015=100) 130.013 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 2,310.5 Dec 2024 quarterly Mar 2002 - Dec 2024
Current Account Balance (USD mn) -14,282.0 Mar 2023 quarterly Mar 1980 - Mar 2023
Current Account Balance: % of GDP (%) 2.9 Dec 2024 quarterly Mar 1993 - Dec 2024
Foreign Direct Investment (USD mn) 1,791.1 Dec 2024 quarterly Mar 1980 - Dec 2024
Foreign Direct Investment: % of GDP (%) 0.4 Dec 2024 quarterly Mar 1993 - Dec 2024
Foreign Portfolio Investment (USD mn) -193.488 Dec 2024 quarterly Mar 1980 - Dec 2024
Foreign Portfolio Investment: % of GDP (%) -0.0 Dec 2024 quarterly Mar 1993 - Dec 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -1,108.2 Dec 2024 quarterly Mar 2002 - Dec 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 914.758 Dec 2024 quarterly Mar 2002 - Dec 2024
External Debt (USD mn) 447,827.9 Dec 2021 quarterly Mar 2002 - Dec 2021
External Debt: % of GDP (%) 33.0 2023 yearly 2002 - 2023
External Debt: Short Term (USD mn) 56,316.4 Sep 2024 quarterly Mar 2002 - Sep 2024
External Debt: Short Term: % of GDP (%) 3.3 2023 yearly 2002 - 2023
Total Debt: % of GDP (%) 110.9 Dec 2024 quarterly Dec 2000 - Dec 2024
Forecast: Current Account Balance (USD bn) -20.878 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) -636,394.740 Sep 2024 quarterly Mar 2009 - Sep 2024
Domestic Public Debt: Long Term (MXN mn) 12,940,890.500 Jan 2025 monthly Dec 2005 - Jan 2025
Domestic Public Debt: Short Term (MXN mn) 797,206.100 Jan 2025 monthly Dec 2005 - Jan 2025
BoP: Capital Account (USD mn) -13.136 Dec 2024 quarterly Mar 2002 - Dec 2024
BoP: Current Account (CA) (USD mn) 12,600.704 Dec 2024 quarterly Mar 2002 - Dec 2024
BoP: FA: Other Investment (USD mn) 7,580.009 Dec 2024 quarterly Mar 2002 - Dec 2024
BoP: Financial Account (FA) (USD mn) 15,086.274 Dec 2024 quarterly Mar 2002 - Dec 2024
BoP: FA: Direct Investment (DI) (USD mn) 519.344 Dec 2024 quarterly Mar 2002 - Dec 2024
BoP: Capital Account: Debit (USD mn) 41.758 Dec 2024 quarterly Mar 2002 - Dec 2024
BoP: Capital Account: Credit (USD mn) 28.622 Dec 2024 quarterly Mar 2002 - Dec 2024
BoP: FA: Financial Derivatives (USD mn) -1,918.565 Dec 2024 quarterly Mar 2002 - Dec 2024
BoP: FA: Portfolio Investment (PI) (USD mn) 6,497.820 Dec 2024 quarterly Mar 2002 - Dec 2024
BoP: FA: Reserve Assets (USD mn) 2,407.666 Dec 2024 quarterly Mar 2002 - Dec 2024
BoP: Errors and Omissions (USD mn) 2,498.706 Dec 2024 quarterly Mar 2002 - Dec 2024
Gross External Debt: OS: NF: Public Corp (USD mn) 94,691.200 Dec 2018 quarterly Mar 2002 - Dec 2018
Gross External Debt: OS: NF: Private (USD mn) 119,088.500 Dec 2018 quarterly Mar 2002 - Dec 2018
FDI: Financial and Insurance Svcs (USD th) 2,495,000.000 2018 yearly 1999 - 2018
Foreign Direct Investment: Germany (USD th) 2,604,400.000 2018 yearly 1999 - 2018
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.9 Dec 2024 quarterly Dec 1994 - Dec 2024
Household Debt: % of GDP (%) 16.7 Dec 2024 quarterly Dec 2000 - Dec 2024
Non-Performing Loans (USD mn) 7,196.634 Jan 2025 monthly Jan 1997 - Jan 2025
Money Supply M1 (USD mn) 391,273.522 Jan 2025 monthly Dec 1985 - Jan 2025
Money Supply M2 (USD mn) 707,141.239 May 2023 monthly Dec 1985 - May 2023
M2 Growth (%) 12.1 Jan 2025 monthly Dec 1986 - Jan 2025
Foreign Exchange Reserves (USD mn) 211,268.8 Jan 2025 monthly Jan 2000 - Jan 2025
Foreign Exchange Reserves: % of GDP (%) 10.951 Dec 2024 quarterly Mar 2000 - Dec 2024
Foreign Exchange Reserves: Months of Import (NA) 4.3 Jan 2025 monthly Jan 2000 - Jan 2025
Gold Reserves (USD mn) 10,874.008 Jan 2025 monthly Dec 1956 - Jan 2025
Total Deposits (USD mn) 444,009.307 Jan 2025 monthly Jan 1998 - Jan 2025
Total Deposits Growth (%) 8.7 Jan 2025 monthly Jan 1999 - Jan 2025
Domestic Credit (USD mn) 732,399.3 Dec 2024 monthly Dec 2001 - Dec 2024
Domestic Credit Growth (%) 14.8 Dec 2024 monthly Dec 2002 - Dec 2024
Debt Service Ratio: Private Non-Financial Sector (%) 5.700 Sep 2024 quarterly Mar 1999 - Sep 2024
Credit to Households (USD bn) 281.557 Sep 2024 quarterly Dec 1994 - Sep 2024
Credit to Private Non-Financial Sector (USD bn) 651.261 Sep 2024 quarterly Dec 1980 - Sep 2024
Household Debt (USD mn) 271,770.7 Dec 2024 quarterly Dec 2000 - Dec 2024
Total Loans (USD mn) 433,180.930 Jan 2025 monthly Dec 2000 - Jan 2025
Total Loans Growth (%) 13.00 Jan 2025 monthly Dec 2001 - Jan 2025
Private Debt: % of Nominal GDP (%) 20.72 Dec 2024 quarterly Mar 2004 - Dec 2024
ORA: Gold incl Gold on Loans (USD mn) 5,083.121 Feb 2019 monthly Jan 2000 - Feb 2019
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -7.8 Feb 2025 monthly Jan 2005 - Feb 2025
PMI: sa (Point) 51.758 Mar 2019 monthly Jan 2004 - Mar 2019
Composite Coincident Index: sa (2013=100) 113.000 Jan 2019 monthly Jan 1980 - Jan 2019
Composite Leading Index: sa (2013=100) 104.600 Jan 2019 monthly Jan 1980 - Jan 2019
Composite Coincident Index: sa: 2018=100 (2018=100) 99.300 Dec 2024 monthly Jan 1980 - Dec 2024
Composite Leading Index: sa: 2018=100 (2018=100) 105.200 Dec 2024 monthly Jan 1980 - Dec 2024

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