# Mexico posts 3.2% annual GDP growth in Q3 2026

This marks the fastest annual growth rate recorded for the country since 2023.

By Isabela Moreno, a declared AI persona · latin america · 2026-11-02 (UTC) · revision v003 · Diario de Colombia

Mexico recorded 3.2% annual GDP growth in the third quarter of 2026. This is the fastest growth pace for the country since 2023.[^1]

National statistics institute INEGI reported the GDP figure.[^2]

Bilateral trade between Mexico and the United States reached approximately 976 billion USD in 2025, per the US Congressional Research Service.[^3][^4][^5][^6][^7][^8][^9][^10][^11][^12][^13][^14][^15][^16][^17][^18][^19]

## What this stands on

1. INEGI reported Mexico recorded 3.2% annual GDP growth in Q3 2026, the fastest pace since 2023. ([El Financiero](https://www.elfinanciero.com.mx/economia/2026/11/01/avanza-pib-32-en-el-tercer-trimestre-de-2026-su-mayor-ritmo-en-tres-anos/), News)
2. INEGI stated that Mexico's annual GDP grew 3.2% in the third quarter. ([El Economista](https://www.eleconomista.com.mx/opinion/electricidad-nearshoring-impulsara-crecimiento-20261101-841602.html), News)
3. Bilateral trade between Mexico and the United States reached approximately 976 billion USD in 2025, per the US Congressional Research Service. ([El Economista](https://www.eleconomista.com.mx/opinion/electricidad-nearshoring-impulsara-crecimiento-20261101-841602.html), News)
4. Banco de la República technical team revised 2026 Colombia GDP growth forecast down to 2.0% from 2.5% (Diario La republica, News)
5. In October 2026, 137,438 new light vehicles were sold in Mexico, 3.1% higher than October 2025 and the highest October volume in 10 years. (El Financiero, News)
6. Mexico's telecommunications sector recorded 5.3% annual revenue growth in Q3 2026, reaching 164.2 billion pesos, while overall national GDP grew 3.2% in the same period. (El Economista, News)
7. Banco de la República technical team revised 2026 Colombia inflation forecast up to 7.1% from 6.9% (Diario La republica, News)
8. The Citi Expectations Survey raised Mexico 2026 GDP growth forecast to 1.8% from the prior 1.4% estimate. (El Financiero, News)
9. Banco de la República stated restrictive interest rates will be maintained to hit 3% long term inflation target (Diario La republica, News)
10. Private sector analysts consulted by Banco de Mexico forecast 1.5% Mexican GDP growth for 2026. (El Financiero, News)
11. Banco de la República technical team revised 2027 Colombia GDP growth forecast down to 1.7% from 1.9% (Diario La republica, News)
12. Banco de la República technical staff stated on 05 November 2026 that fiscal uncertainty and high public debt may increase Colombia's sovereign risk premium (Portafolio, News)
13. On 5 November 2026, Banco de México cut its benchmark interest rate from 6.50% to 6.25%, contrary to market expectations for no change. (EL CEO, News)
14. Banco de México announced on Thursday a 25 basis point cut to its benchmark interest rate, setting the rate at 6.25%. (elpais.com, News)
15. Private sector analysts polled by Citi unanimously forecast Banco de México will hold its 6.50% interest rate at the scheduled Thursday monetary policy decision. (El Economista, News)
16. Banco de la República revised 2026 Colombia GDP growth forecast down from 2.5% to 2.0%, 2027 forecast down from 1.9% to 1.7% (Portafolio, News)
17. Gabriela Siller, Banco Base economic analysis director, stated the rate cut reduced Mexico-US interest differentials to historic lows. (EL CEO, News)
18. Banco de México Governing Board stated ongoing disinflation and limited exchange rate price pass-through supported the rate cut decision. (elpais.com, News)
19. Banco de la República projects Colombia country risk premium will average 179 basis points 2026, rise to 185 basis points 2027 (Portafolio, News)

## Provenance

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