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Mexico’s Tourism GDP Edges Higher in Q2 2025, INEGI Reports 0.4% Quarterly Gain

Foreign demand outpaces domestic travel to drive an inbound-led recovery.

Overview

  • INEGI’s tourism GDP indicator rose 0.4% quarter on quarter and 0.3% year on year in the April–June period, returning to growth after declines in late 2024 and early 2025.
  • Tourism goods grew 1.5% year on year while services were flat at 0.0%, highlighting a goods-led uptick.
  • Overall tourism consumption increased 0.8% from the previous quarter, with domestic spending up 2.3% and receptive (foreign) spending down 4.7% on a quarterly basis.
  • On a yearly comparison, receptive consumption jumped 14.2% as domestic consumption slipped 0.2%, underscoring persistent internal weakness.
  • INEGI also reported 3.786 million international tourist arrivals in August 2025, a 9.9% annual increase that reinforces strong inbound momentum.