Yucatán is the twelfth state with the lowest Gross Domestic Product (GDP) and moved up one place, posting the fifth-largest annual increase in this economic indicator, Mexico’s National Institute of Statistics and Geography (Inegi) reported today.
Today, Friday, December 5, 2025, Inegi reported that the 10 most productive states in Mexico, based on their 2024 GDP, are:
Mexico City, with 3,885,957 million pesos (MXN) at 2018 market prices.
State of Mexico, 2,313,164 million MXN.
Nuevo León, 2,059,996 million MXN.
Jalisco, 1,864,059 million MXN.
Guanajuato, 1,170,676 million MXN.
Veracruz, 1,094,822 million pesos.
Baja California, 947,677 million pesos.
Chihuahua, 930,855 million pesos.
Coahuila, 922,286 million pesos.
Puebla, 882,360 million pesos.
Meanwhile, the 10 least productive states are:
Tlaxcala, with 151,512,669 million pesos.
Colima, 157,139,889 million pesos.
Nayarit, 159,749,672 million pesos.
Baja California Sur, 187,152,161 million pesos.
Zacatecas, 240,511,776 million pesos.
Morelos, 271,218,840 million pesos.
Guerrero, 314,019,724 million pesos.
Durango, 323,802,357 million pesos.
Aguascalientes, 328,087,965 million pesos.
Quintana Roo, with 383,116,448 million pesos.
And Yucatán’s GDP?
Yucatán, whose main economic drivers are commerce and services, is in the middle group. It reached 402,785,746 million pesos, a figure that places it 21st nationally, meaning it has the 12th lowest GDP in 2024. It moved up one place, since in 2023 it had the eleventh lowest GDP.
Above Yucatán is the oil-producing state of Campeche, which again ranked 18th, meaning it had the fifteenth lowest GDP: 473,399,457 million pesos in 2024.
In 2024, the national GDP at market prices (including product taxes) was 25,365,221 million pesos (25.3 trillion pesos), representing a 1.4% increase compared to the 25,027,209 million pesos of 2023, according to INEGI (the Mexican National Institute of Statistics and Geography).
INEGI also highlights that Yucatán is among the 10 states that increased their GDP in 2024, a year that corresponded to the last nine months of the governorship of PAN (National Action Party) member Mauricio Vila Dosal and the first three months of the administration of MORENA (National Regeneration Movement) member Joaquín Díaz Mena.
Specifically, Yucatán had the fifth largest GDP increase in 2024, at 3.9%, compared to the 387,739,307 million pesos produced in 2023, according to INEGI.
In contrast, Campeche, governed by Layda Sansores San Román of the Morena party from 2021 to 2027, experienced the worst economic decline among the country’s 32 states, with its GDP falling 6.9%, from 508,514,617 to 473,399,457 million pesos between 2023 and 2024.
Meanwhile, Quintana Roo, governed by Mara Lezama Espinosa of the Morena party from 2022 to 2027, had the third-worst GDP drop, at 3.9%, falling from 398,839,252 million pesos in 2023 to 383,116,448 million pesos in 2024.
In one year, Quintana Roo fell two places, as it had the twelfth lowest state GDP in 2023.
Of the 32 states, Oaxaca, in the south, saw the largest increase in its GDP, rising 5.4% from 443,373,204 to 467,374,413 pesos between 2023 and 2024.
Interestingly, Oaxaca has the nineteenth largest GDP in the country, just above Campeche.
Source: yucatan
