The Ministry of Finance and Public Credit (SHCP) said that despite the projections from the International Monetary Fund, Mexico’s economy is expected to grow between 1.5% and 2.3% in 2025, and up to 2.5% in 2026.
While the international financial organization indicated on Tuesday in its updated World Economic Outlook (WEO) report that Mexico will face a contraction of -0.3% in 2025 (previously projected at 1.4% growth) and could post 1.4% growth in 2026 (previously 2.0%), due to the possible impact of tariffs and uncertainty in the United States, the Mexican government remains optimistic, citing its strong economic policies.
The SHCP highlighted the preferential conditions Mexico has secured in trade negotiations with the United States, which, it said, give the country a competitive advantage over other economies.
It also pointed out that the Mexican economy maintains strong fundamentals, including low and controlled inflation, along with the renewal of the Anti-Inflation and Cost-of-Living Increase Package (PACIC). As of March, 227,000 formal jobs have been created, with additional support provided through the national job market and the social program Youth Building the Future.
Other positive indicators include an unemployment rate below 3%, a 7.1% increase in real wages, and social programs expected to continue boosting consumption and protecting the most vulnerable sectors of society, as more than 30 million people receive direct financial support.
The Mexican government, led by President Claudia Sheinbaum, announced plans to support micro, small, and medium-sized enterprises (MSMEs) with bank financing.
In 2025, key actions include stabilizing gasoline prices, implementing the National Housing Program, launching public work projects ahead of schedule (such as roads, water systems, trains, and airports), and promoting 15 economic and social development strategies aimed at boosting investment in strategic areas for the country’s development (well-being zones).
In the mid-term, the government also believes that the Mexico Plan will strengthen the domestic market, boost national production, and reduce dependence on imports from outside the Mexico–U.S.–Canada Agreement (USMCA).
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Mexican Press Agency is part of ALMA, which is dedicated to news and information about Mexico and Mexicans in the United States and is a fiscally sponsored project of Social Focus, a 501(c)(3) nonprofit organization based in Redwood City, California.
