Brazil vs Mexico
Side-by-side economic and demographic comparison · 2026 data · Source: IMF & World Bank
Brazil and Mexico are Latin America's two largest economies with fundamentally different growth models. Mexico's economy is deeply integrated with the United States through USMCA (formerly NAFTA), with 80%+ of its exports going north. Brazil's trade is more diversified, with China as its largest partner. Mexico's proximity to the US has made it a nearshoring magnet, while Brazil's growth depends more on commodity cycles and domestic consumption. Mexico has maintained more macroeconomic stability with lower inflation and a floating currency, while Brazil has higher interest rates and more volatile growth.
Brazil has a GDP of $2.29T compared to Mexico's $2.03T, making it 1.1x larger. Brazil's population is 212.0M vs Mexico's 130.9M. Across 12 key indicators, Mexico leads in 7 categories. All data sourced from the IMF World Economic Outlook and World Bank World Development Indicators.
| Indicator |  Brazil |  Mexico |
|---|---|---|
| GDP (USD) | $2.29T✓ | $2.03T |
| GDP per Capita | $10,709 | $15,111✓ |
| GDP Growth (%) | 1.9%✓ | 1.5% |
| GDP per Capita (PPP) | $24,108 | $26,433✓ |
| Population | 212.0M✓ | 130.9M |
| Life Expectancy | 75.8 years✓ | 75.1 years |
| Inflation (%) | 4.0% | 3.3%✓ |
| Unemployment (%) | 7.3% | 3.1%✓ |
| Govt Debt (% GDP) | 95.0% | 59.9%✓ |
| Fertility Rate | 1.6 | 1.9✓ |
| Gini Index | 51.6 | 43.5✓ |
| CO₂ per Capita (t) | 2.3✓ | 3.6 |
Summary
Brazil has a GDP of $2.29T compared to Mexico's $2.03T, making the former economy 1.1x larger. In terms of population, Brazil has 212.0M people while Mexico has 130.9M. Across the 12 indicators compared, Brazil leads in 5 and Mexico leads in 7.