MEXICO CITY, Mexico — Mexico’s economy returned to growth in the first quarter of 2025, avoiding a recession. This happened despite deep uncertainty over US President Donald Trump’s
Mexico’s economy returned to growth in the first quarter of 2025, avoiding a recession. This happened despite deep uncertainty over US President Donald Trump’s sweeping tariffs, official data showed Wednesday.
Gross domestic product (GDP) grew 0.2 percent from the fourth quarter of 2024, national statistics agency INEGI reported. In the fourth quarter, Latin America’s second-largest economy had contracted for the first time in three years.
Year-on-year, GDP rose 0.6 percent in the first quarter, INEGI said in a preliminary estimate.
“Given the tariff situation and the uncertainty surrounding the global economy these past few months due to President Trump’s new policies, this is good news,” Mexican President Claudia Sheinbaum said.
The positive growth means Mexico outpaced the US economy. Data released on Wednesday showed that US GDP contracted in the first three months of the year.
Mexico’s resilient performance, at least for now, eased fears of a recession. This is generally defined as two consecutive quarters of economic contraction.
