Economy Of Mexico 2024 Economy. The gross domestic product (gdp) in mexico expanded 1 percent in the third quarter of 2024 over the previous quarter. By 2024, as we expect banxico to start cutting rates before the federal reserve (february and september, respectively), the spread between the us and mexican interest rates will begin to narrow (from 550 basis points in december 2023 to.

However, high inflation and the. Mexico’s economy continued growing steadily through august, according to the monthly gdp proxy.