Economy Country 2026-02-05T22:15:28+00:00

Mexico's Investment Growth Fueled by Nearshoring

Mexico's GDP showed significant growth in 2023 and 2024 thanks to the nearshoring phenomenon, leading to an influx of investment and job creation.


Mexico's gross fixed investment grew by 3.4% in 2024 and surged by 19.7% in 2023 amid the rise of the nearshoring phenomenon. This economic boom was driven by the relocation of production facilities from other countries to Mexico. Nearshoring has enabled the attraction of significant investment and the creation of new jobs. Experts predict further growth in the country's economy in the coming years.