Mexico Retail Sales Growth
2002 - 2023 | Monthly | % | CEIC Data
Key information about Mexico Retail Sales Growth
- Mexico Retail Sales grew 4.6 % YoY in Apr 2023, compared with a 1.8 % increase in the previous month.
- Mexico Retail Sales Growth YoY data is updated monthly, available from Jan 2002 to Apr 2023, with an average growth rate of 2.0 %.
- The data reached an all-time high of 34.7 % in May 2021 and a record low of -23.3 % in May 2020.
- In the latest reports, Car Sales of Mexico recorded 111,416.0 units in May 2023, representing a growth of 18.0 %.
CEIC calculates monthly Retail Sales: Incl. Motor Vehicles Growth from monthly Retail Trade Index. The National Institute of Statistics and Geography provides Retail Trade Index with base 2018=100. Retail Sales: Incl. Motor Vehicles Growth prior to January 2009 is calculated from Retail Trade Index with base 2003=100.
View Mexico's Retail Sales Growth from Jan 2002 to Apr 2023 in the chart:
What was Mexico's Retail Sales Growth in Apr 2023?
Mexico Retail Sales grew 4.6 % YoY in Apr 2023, compared with a 1.8 % increase in the previous month. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 4.6 Apr 2023 | 1.8 Mar 2023 | -23.3 May 2020 | 34.7 May 2021 | % | monthly | Jan 2002 - Apr 2023 |
Retail Sales Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 4.5 Mar 2023 | monthly | Jan 2006 - Mar 2023 |
| Argentina (%) | -10.1 Aug 2024 | monthly | Jan 2018 - Aug 2024 |
| Armenia (%) | 5.8 Aug 2024 | monthly | Jan 2001 - Aug 2024 |
| Australia (%) | 4.2 May 2023 | monthly | Apr 1983 - May 2023 |
| Austria (%) | -4.7 Dec 2023 | monthly | Jan 2007 - Dec 2023 |
| Azerbaijan (%) | 6.6 Sep 2024 | monthly | Dec 2007 - Sep 2024 |
| Belarus (%) | 10.8 Sep 2024 | monthly | Oct 2008 - Sep 2024 |
| Belgium (%) | -4.1 Sep 2024 | monthly | Jan 2007 - Sep 2024 |
| Bosnia and Herzegovina (%) | 15.4 Apr 2023 | monthly | Jan 2013 - Apr 2023 |
| Brazil (%) | 4.0 Aug 2024 | monthly | Jan 2001 - Aug 2024 |
| Bulgaria (%) | -0.6 Apr 2023 | monthly | Jan 2001 - Apr 2023 |
| Canada (%) | 1.1 Apr 2023 | monthly | Jan 1992 - Apr 2023 |
| Chile (%) | 4.6 Sep 2024 | monthly | Jan 2015 - Sep 2024 |
| China (%) | 12.7 May 2023 | monthly | Jan 1994 - May 2023 |
| Colombia (%) | 4.4 Aug 2024 | monthly | Jan 2014 - Aug 2024 |
| Croatia (%) | 3.3 Apr 2023 | monthly | Jan 2001 - Apr 2023 |
| Cyprus (%) | 3.3 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
| Czech Republic (%) | 6.1 Sep 2024 | monthly | Jan 2001 - Sep 2024 |
| Denmark (%) | 0.4 May 2023 | monthly | Jan 2001 - May 2023 |
| Egypt (%) | 1.4 2020 | yearly | 1996 - 2020 |
| Estonia (%) | -0.9 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| European Union (%) | 2.8 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
| Finland (%) | -1.9 Sep 2024 | monthly | Jan 1996 - Sep 2024 |
| France (%) | 4.8 Aug 2024 | monthly | Jan 1996 - Aug 2024 |
| Georgia (%) | 5.0 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
| Germany (%) | -4.4 Apr 2023 | monthly | Jan 1995 - Apr 2023 |
| Greece (%) | -4.9 Aug 2024 | monthly | Jan 2001 - Aug 2024 |
| Hong Kong SAR, China (%) | 16.6 May 2023 | monthly | Jan 1982 - May 2023 |
| Hungary (%) | 1.9 Sep 2024 | monthly | Jan 2001 - Sep 2024 |
| Iceland (%) | 6.6 Aug 2024 | monthly | Feb 2002 - Aug 2024 |
| Indonesia (%) | 0.0 May 2023 | monthly | Jan 2011 - May 2023 |
| Ireland (%) | 1.3 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
| Israel (%) | 0.6 Aug 2024 | monthly | Jan 1998 - Aug 2024 |
| Italy (%) | -0.2 Aug 2024 | monthly | Jan 2001 - Aug 2024 |
| Japan (%) | 5.2 Apr 2023 | monthly | Oct 1992 - Apr 2023 |
| Kazakhstan (%) | 5.4 May 2023 | monthly | Jan 2006 - May 2023 |
| South Korea (%) | -0.7 Apr 2023 | monthly | Jan 1996 - Apr 2023 |
| Kyrgyzstan (%) | 10.7 2022 | yearly | 1990 - 2022 |
| Latvia (%) | 0.3 Sep 2024 | monthly | Jan 2001 - Sep 2024 |
| Lithuania (%) | 4.2 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
| Luxembourg (%) | 13.1 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
| Macau SAR, China (%) | -23.8 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| North Macedonia (%) | 3.0 Sep 2024 | monthly | Jan 2011 - Sep 2024 |
| Malaysia (%) | 12.9 Apr 2023 | monthly | Jan 2014 - Apr 2023 |
| Malta (%) | 2.9 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
| Mexico (%) | 4.6 Apr 2023 | monthly | Jan 2002 - Apr 2023 |
| Moldova (%) | 16.7 Jul 2024 | monthly | Jan 2011 - Jul 2024 |
| Mongolia (%) | 14.9 Dec 2023 | quarterly | Mar 2012 - Dec 2023 |
| Montenegro (%) | 8.5 Apr 2023 | monthly | Jan 2007 - Apr 2023 |
| Netherlands (%) | -4.2 May 2023 | monthly | Jan 2001 - May 2023 |
| New Zealand (%) | -0.0 Jun 2024 | quarterly | Sep 1996 - Jun 2024 |
| Norway (%) | -0.4 Sep 2024 | monthly | Jan 1980 - Sep 2024 |
| Palestinian Territory (%) | -0.2 2018 | yearly | 2011 - 2018 |
| Peru (%) | 4.8 Aug 2024 | monthly | Jan 2015 - Aug 2024 |
| Poland (%) | -1.8 Apr 2023 | monthly | Jan 2001 - Apr 2023 |
| Portugal (%) | 3.1 May 2023 | monthly | Jan 2001 - May 2023 |
| Qatar (%) | 6.9 2021 | yearly | 1987 - 2021 |
| Romania (%) | 10.7 Sep 2024 | monthly | Jan 2001 - Sep 2024 |
| Russia (%) | 6.5 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
| Serbia (%) | -6.2 May 2023 | monthly | Dec 2004 - May 2023 |
| Singapore (%) | -3.2 Sep 2024 | monthly | Jan 1986 - Sep 2024 |
| Slovakia (%) | 4.3 Sep 2024 | monthly | Jan 2001 - Sep 2024 |
| Slovenia (%) | -2.7 Sep 2024 | monthly | Jan 2001 - Sep 2024 |
| South Africa (%) | 2.6 Aug 2024 | monthly | Jan 2003 - Aug 2024 |
| Spain (%) | 3.1 Dec 2023 | monthly | Jan 2001 - Dec 2023 |
| Sweden (%) | -3.9 May 2023 | monthly | Jan 1991 - May 2023 |
| Switzerland (%) | -3.4 Apr 2023 | monthly | Jan 2001 - Apr 2023 |
| Taiwan (%) | 1.7 Feb 2022 | monthly | Jan 2000 - Feb 2022 |
| Thailand (%) | 0.5 Mar 2023 | monthly | Jan 1996 - Mar 2023 |
| Turkey (%) | 11.2 Dec 2023 | monthly | Jan 2011 - Dec 2023 |
| Ukraine (%) | -3.1 Dec 2022 | monthly | Jan 2008 - Dec 2022 |
| United Kingdom (%) | -2.1 May 2023 | monthly | Jan 1997 - May 2023 |
| United States (%) | 1.0 May 2023 | monthly | Jan 1993 - May 2023 |
| Uzbekistan (%) | -4.0 Apr 2023 | monthly | Jan 2019 - Apr 2023 |
| Venezuela (%) | -53.5 Jan 2019 | monthly | Jan 2005 - Jan 2019 |
| Vietnam (%) | 7.8 Oct 2024 | monthly | Sep 2004 - Oct 2024 |
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Learn more about what we doMexico Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -4.1 Jun 2024 | quarterly | Dec 1980 - Jun 2024 |
| Consolidated Fiscal Balance (USD mn) | -229.524 Aug 2024 | monthly | Jan 1977 - Aug 2024 |
| Tax Revenue (USD mn) | 20,784.424 Aug 2024 | monthly | Jan 1977 - Aug 2024 |
| Tax Revenue: % of GDP (%) | 15.1 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
| National Government Debt (USD mn) | 901,949.6 Aug 2024 | monthly | Dec 2005 - Aug 2024 |
| Government Debt: % of GDP (%) | 48.2 Jun 2024 | quarterly | Dec 2005 - Jun 2024 |
| Forecast: Government Expenditure (MXN bn) | 11,652.146 2029 | yearly | 1990 - 2029 |
| Forecast: Government Net Debt (MXN bn) | 26,401.275 2029 | yearly | 1996 - 2029 |
| Forecast: Government Revenue (MXN bn) | 10,439.952 2029 | yearly | 1990 - 2029 |
| External Public Debt: Gross (USD mn) | 206,913.000 Feb 2019 | monthly | Jan 1990 - Feb 2019 |
| Domestic Public Debt: Gross Debt (MXN mn) | 7,093,613.000 Feb 2019 | monthly | Dec 2005 - Feb 2019 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 3,745.4 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| Current Account Balance (USD mn) | -14,282.0 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
| Current Account Balance: % of GDP (%) | 0.7 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
| Foreign Direct Investment (USD mn) | 6,656.7 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
| Foreign Direct Investment: % of GDP (%) | 1.4 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
| Foreign Portfolio Investment (USD mn) | -5,987.023 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
| Foreign Portfolio Investment: % of GDP (%) | -1.2 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | -3,724.7 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | -2,262.343 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| External Debt (USD mn) | 447,827.9 Dec 2021 | quarterly | Mar 2002 - Dec 2021 |
| External Debt: % of GDP (%) | 33.1 2023 | yearly | 2002 - 2023 |
| External Debt: Short Term (USD mn) | 62,513.7 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| External Debt: Short Term: % of GDP (%) | 3.4 2023 | yearly | 2002 - 2023 |
| Total Debt: % of GDP (%) | 106.2 Jun 2024 | quarterly | Dec 2000 - Jun 2024 |
| Forecast: Current Account Balance (USD bn) | -20.878 2029 | yearly | 1980 - 2029 |
| Net International Investment Position (USD mn) | -680,266.473 Jun 2024 | quarterly | Mar 2009 - Jun 2024 |
| Domestic Public Debt: Short Term (MXN mn) | 774,861.300 Aug 2024 | monthly | Dec 2005 - Aug 2024 |
| Domestic Public Debt: Long Term (MXN mn) | 12,581,598.300 Aug 2024 | monthly | Dec 2005 - Aug 2024 |
| BoP: Capital Account (USD mn) | -2.737 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| BoP: Financial Account (FA) (USD mn) | 5,678.907 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| BoP: Capital Account: Debit (USD mn) | 48.887 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| BoP: FA: Other Investment (USD mn) | -5,734.485 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| BoP: FA: Reserve Assets (USD mn) | 5,252.303 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| BoP: FA: Direct Investment (DI) (USD mn) | -2,911.353 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| BoP: Errors and Omissions (USD mn) | 2,042.829 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| BoP: FA: Portfolio Investment (PI) (USD mn) | 8,232.730 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| BoP: FA: Financial Derivatives (USD mn) | 839.712 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| BoP: Capital Account: Credit (USD mn) | 46.150 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| BoP: Current Account (CA) (USD mn) | 3,638.815 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| Gross External Debt: OS: NF: Private (USD mn) | 119,088.500 Dec 2018 | quarterly | Mar 2002 - Dec 2018 |
| Gross External Debt: OS: NF: Public Corp (USD mn) | 94,691.200 Dec 2018 | quarterly | Mar 2002 - Dec 2018 |
| FDI: Manufacturing (USD th) | 3,942,928.989 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| FDI: Commerce (USD th) | 579,448.632 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| FDI: Transport & Storage (USD th) | 31,046.845 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| FDI: Financial & Insurance Services (USD th) | -987,103.989 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| FDI: Financial and Insurance Svcs (USD th) | 2,495,000.000 2018 | yearly | 1999 - 2018 |
| Foreign Direct Investment: Germany (USD th) | 2,604,400.000 2018 | yearly | 1999 - 2018 |
| FDI: Canada (USD th) | 225,759.407 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| FDI: Germany (USD th) | 1,916,694.400 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| FDI: Japan (USD th) | 1,079,215.340 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| FDI: Spain (USD th) | 637,886.315 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| FDI: United States (USD th) | -35,887.941 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 2.0 Sep 2024 | quarterly | Dec 1994 - Sep 2024 |
| Household Debt: % of GDP (%) | 16.5 Jun 2024 | quarterly | Dec 2000 - Jun 2024 |
| Non-Performing Loans (USD mn) | 7,344.819 Sep 2024 | monthly | Jan 1997 - Sep 2024 |
| Money Supply M1 (USD mn) | 387,572.590 Sep 2024 | monthly | Dec 1985 - Sep 2024 |
| Money Supply M2 (USD mn) | 707,141.239 May 2023 | monthly | Dec 1985 - May 2023 |
| M2 Growth (%) | 12.7 Sep 2024 | monthly | Dec 1986 - Sep 2024 |
| Foreign Exchange Reserves (USD mn) | 201,960.3 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 10.372 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 4.0 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
| Gold Reserves (USD mn) | 10,177.880 Sep 2024 | monthly | Dec 1956 - Sep 2024 |
| Total Deposits (USD mn) | 441,767.520 Sep 2024 | monthly | Jan 1998 - Sep 2024 |
| Total Deposits Growth (%) | 8.9 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
| Domestic Credit (USD mn) | 734,499.7 Aug 2024 | monthly | Dec 2001 - Aug 2024 |
| Domestic Credit Growth (%) | 14.2 Aug 2024 | monthly | Dec 2002 - Aug 2024 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 5.300 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Credit to Households (USD bn) | 305.082 Dec 2023 | quarterly | Dec 1994 - Dec 2023 |
| Credit to Private Non-Financial Sector (USD bn) | 696.602 Dec 2023 | quarterly | Dec 1980 - Dec 2023 |
| Household Debt (USD mn) | 296,530.7 Jun 2024 | quarterly | Dec 2000 - Jun 2024 |
| Total Loans (USD mn) | 435,441.244 Sep 2024 | monthly | Dec 2000 - Sep 2024 |
| Total Loans Growth (%) | 10.94 Sep 2024 | monthly | Dec 2001 - Sep 2024 |
| Private Debt: % of Nominal GDP (%) | 19.96 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
| ORA: Gold incl Gold on Loans (USD mn) | 5,083.121 Feb 2019 | monthly | Jan 2000 - Feb 2019 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -3.8 Oct 2024 | monthly | Jan 2005 - Oct 2024 |
| PMI: sa (Point) | 51.758 Mar 2019 | monthly | Jan 2004 - Mar 2019 |
| Composite Coincident Index: sa (2013=100) | 113.000 Jan 2019 | monthly | Jan 1980 - Jan 2019 |
| Composite Leading Index: sa (2013=100) | 104.600 Jan 2019 | monthly | Jan 1980 - Jan 2019 |
| Composite Coincident Index: sa: 2018=100 (2018=100) | 101.000 Aug 2024 | monthly | Jan 1980 - Aug 2024 |
| Composite Leading Index: sa: 2018=100 (2018=100) | 107.100 Aug 2024 | monthly | Jan 1980 - Aug 2024 |
More Indicators for Mexico
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