Overview

• President Claudia Sheinbaum announced preliminary foreign direct investment of $34,265 million for the second quarter of 2025, a 10.2% increase year over year.
• The total surpasses the $31,096 million reported for the same quarter in 2024 and is roughly double the 2017 level of $15,645 million.
• Sheinbaum said recent U.S. tariffs did not derail inflows and argued that higher minimum wages have not deterred investors or fueled inflation.
• The figure is preliminary and subject to revision, with the Secretariat of Economy set to publish disaggregated data later.
• The government highlights new fiscal incentives, including the July 4 decree creating Polos del Desarrollo with tax benefits, as part of the investment draw, against a backdrop of weaker global FDI in 2024 noted by UNCTAD.