在新冠肺炎疫情持续影响下，2020年墨西哥经济严重衰退，国内生产总值比上年下降了8。3%，失业率明显上升，外国直接投资和对外贸易都大幅度减少，但通货膨胀率降到3。15%的低水平，外债余额基本保持稳定。2020年墨西哥工业和服务业创造的增加值都比上年大幅减少，只有农业保持了微弱的增长；2020年对外贸易虽然下降严重，但贸易顺差创新高，且2021年反弹势头迅猛；国民消费和固定资产投资严重下滑。财政政策和货币政策保证了2020年墨西哥物价、汇率和债务规模基本稳定，但公共债务支出和社会保障支出明显增加。2021年墨西哥经济复苏势头很好，美国经济恢复状况和中美关系演变可能影响此后墨西哥经济发展。国际货币基金组织在2021年10月发布的《世界经济展望报告》中预测墨西哥经济将增长6。2%，对墨西哥经济的发展前景保持谨慎乐观，这也是主要国际经济研究机构所持的普遍预期。
Under the continuing impact of the sudden COVID-19，the Mexican economy suffered a severe recession in 2020，with GDP falling by 8.3% compared to the previous year，unemployment rising significantly，both foreign direct investment and foreign trade falling sharply，but inflation falling to a low level of 3.15% and external debt balances remaining largely stable. Both industry and services in Mexico generate considerably less value added in 2020 than in the previous year，with only agriculture maintaining a modest increase；foreign trade，while declining severely in 2020 with a record trade surplus，rebounds rapidly in 2021；and national consumption and fixed asset investment decline severely. Fiscal and monetary policies ensure that prices，the exchange rate and the size of Mexico’s debt are largely stable in 2020，but public debt spending and social security spending increase markedly. Mexico’s economic recovery is well underway in 2021，with the state of the US economic recovery and the evolution of China-US relations likely to affect Mexico’s economic development. The International Monetary Fund’s World Economic Outlook，published in October 2021，forecasts the Mexican economy to grow by 6.2%，all of which is cautiously optimistic about the prospects for the Mexican economy，which is a similar expectation held by the main international economic research institutions.
