The production volumes of Human Health Services in Mexico have shown a general growing trend from 2013 to 2023, reaching a value of 712.6 Billion Mexican Pesos in 2023. However, the sector experienced fluctuations: notable growth in 2018 (3.42%) and 2021 (3.36%) contrasted with slight declines in 2015 (-0.44%) and 2022 (-0.7%). The Compound Annual Growth Rate (CAGR) over the last five years reflects an average annual growth of 1.21%.
Future trends to watch for:
- Forecasts indicate steady but modest growth from 2024 onwards, with the 2028 forecasted value at 754.63 Billion Pesos, reflecting an average CAGR of 0.88% over the next five years.
- Overall growth over the next five years is projected to be around 4.5%, suggesting a stable but moderate increase in production volumes.
