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INEGI’s Goods and Services Accounts for 2025, published on 2 October, put Mexico’s total annual supply at 76,287,449 million current pesos. In national accounting, total supply equals total use: goods and services available in the economy are supplied by a source and assigned to intermediate or final uses. The accounts, with 2018 as the base year, track the structure and development of macroeconomic aggregates such as production, imports, consumption, investment, income, employment and implicit price indexes.
Domestic production accounted for 81.3% of total supply, while imports of goods and services represented 18.7%. These shares are ratios of nominal values; they are not import unit counts or a foreign-trade volume index. INEGI valued domestic production at market prices at 62,025,847 million pesos. In relation to total supply, 34.2% of production was represented by intermediate consumption and 47.1% by gross domestic product. Rounding means component shares may not add exactly to the headline total.
The accounting relationship matters: equality between supply and use is a balancing framework for tracing where goods and services originate and how they are used. Intermediate consumption covers inputs used to produce other goods and services; GDP measures the monetary value of final goods and services produced within the country during a period. Neither share is interchangeable with separate statistics such as company sales, household spending or the government budget. Those measures have different scopes, so substituting one for another can misstate what the accounts show.
GDP at market prices closed at 35,923,239 million current pesos. By income component, operating surplus arising from production represented 62.8% of GDP, compensation of employees 29.9%, and taxes on production and imports net of subsidies 7.3%. These are nominal shares at current prices; they are not real growth rates or household take-home income. Assessing price-adjusted changes requires the relevant implicit price indexes and constant-price series.
Manufacturing contributed the largest share of gross value added, at 21.3%. Wholesale and retail trade represented 19.8%, real estate and rental services 9.1%, and transport, postal and storage services 8.0%. These proportions describe the sectoral distribution of gross value added; they do not by themselves report each sector’s absolute output level or annual growth. The shares are based on nominal values and can be affected by price movements.
Consumption by households and private non-profit institutions totalled 26,131,238 million current pesos. Food and non-alcoholic beverages accounted for 24.8% of this spending, transport 20.2%, and housing, water, electricity, gas and other fuels 15.9%. This distribution describes classified components of the consumption aggregate; it does not show each household’s budget or changes in consumer prices. A category’s share can also shift as both prices and quantities move.
Gross national disposable income stood at 29,021,248 million current pesos, 5.7% above 2024. It represents income available in the economy for consumption and saving. Gross domestic saving was equivalent to 17.4% of GDP, while external saving was reported at minus 0.6%; both are elements in the national saving account. Their definitions follow the national accounts framework and should not be equated with bank deposits or household financial saving measures.
The accounts recorded 39,600,138 paid jobs dependent on a legal entity, down 0.4% from 2024. This is not a deduplicated count of all workers: one person may hold more than one job, and the indicator follows the accounts’ administrative and conceptual coverage. Average annual compensation was 271,767 current pesos per job, equivalent to a monthly average of 22,647 pesos. Sector differences were wide: average annual compensation was 1,118,334 pesos in corporate services, 815,815 in finance and insurance, and 529,847 in information and communications.
The 2025 results provide an annual, economy-wide national accounts view; they are not a real-time indicator. INEGI said it presents expanded series for 2003–2025 and reduced series for 1993–2025. Current-price totals combine price movements with quantities produced. The 76.3 trillion-peso figure therefore cannot be read as real output growth or a change in purchasing power. Annual comparisons require constant-price and implicit-price-index results using consistent definitions and periods.
