Forecast: Value of Payment Transactions in Mexico

The value of payment transactions in Mexico showed significant fluctuations over the years. From 2013 to 2023, the values varied, with notable declines in 2015 and 2020, followed by a substantial recovery in 2021. By 2023, the value stood at 18.25 trillion USD, reflecting a slight year-on-year increase of 1.14% and a five-year Compound Annual Growth Rate (CAGR) of 1.22%. Moving forward, the forecasted data from 2024 to 2028 indicate a moderate upward trend with a forecasted CAGR of 0.89% and an overall growth rate of 4.51% over five years.

Future Trends to Watch For:

• Increasing digital payment adoption driven by technological advancements and improved internet penetration.
• Potential impact of regulatory changes and financial inclusion initiatives on transaction volumes.
• The influence of global economic conditions and domestic economic policies on consumer spending and transaction values.
• The rise of fintech solutions and their integration with traditional banking systems.