World Bank Forecasts Positive Outlook for Mexico’s GDP

The World Bank forecasts that the Mexican economy will continue on a gradual path of recovery, helping it achieve 2.2% growth in 2028. This outlook is accompanied by two marginal upward revisions to Mexico’s expected GDP for 2026 and 2027. According to the report Economic Outlook for Latin America and the Caribbean, the World Bank anticipates that the Mexican economy will grow by 1.4% this year and 1.8% in 2027.

The expected growth rates are higher than the 1.3% and 1.7% projected in the June update. The “Latin American Economic Outlook” includes the semiannual report, in which the World Bank has updated its global development forecasts, explaining that “they are growing at a rate equal to or below the regional average.”

The agency left its GDP forecast for Latin America and the Caribbean unchanged at 2.2% for this year, which means that Mexico is set to lag behind the region's economic performance for the third consecutive year.

The World Bank has explained that Latin America's largest economies, such as Mexico—which is growing at a rate equal to or below the regional average—are constrained by the restrictive monetary conditions necessary to continue the disinflation process, policy uncertainty, and a lack of momentum in public investment.

The document included two references to Mexico: one explaining the country's weaker performance compared to the rest of the region, and another discussing the nation's trade.

“Amid volatility in trade policies, export volumes are showing remarkable resilience in the region’s major economies. In addition, recently ratified trade agreements are actively opening up strategic export corridors.”