Nonrenewable natural capital, metals and minerals: iron ore in Mexico

Mexico: Nonrenewable natural capital, metals and minerals: iron ore was 3.12 billion current US$ in 2020. ◆ Volatile

Latest (2020)
3.12 billion current US$
World rank
25th
of 57 countries
All-time high
32.37 billion current US$
in 2008
All-time low
0 current US$
in 2019
Years of data
26
1995–2020

Nonrenewable natural capital, metals and minerals: iron ore in Mexico, 1995–2020

010.0B20.0B30.0B1995200720201995: 1.2B current US$1996: 1.4B current US$1997: 1.4B current US$1998: 2.7B current US$1999: 2.5B current US$2000: 2.1B current US$2001: 1.7B current US$2002: 2.1B current US$2003: 2.8B current US$2004: 4.3B current US$2005: 8.8B current US$2006: 11.0B current US$2007: 23.2B current US$2008: 32.4B current US$2009: 6.8B current US$2010: 29.0B current US$2011: 30.2B current US$2012: 22.2B current US$2013: 26.0B current US$2014: 9.7B current US$2015: 1.5B current US$2016: 2.5B current US$2017: 5.0B current US$2018: 6.1B current US$2019: 0 current US$2020: 3.1B current US$

Source: World Bank. Measured in current US$.

Analysis

In 2020, nonrenewable natural capital, metals and minerals: iron ore in Mexico stood at 3.12 billion current US$.

Compared with earlier readings it is down 89.2% over ten years.

Over the whole period, nonrenewable natural capital, metals and minerals: iron ore in Mexico peaked at 32.37 billion current US$ in 2008 and was at its lowest, 0 current US$, in 2019.

That places Mexico 25th out of 57 countries with data for 2020, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Nonrenewable natural capital, metals and minerals: iron ore in Mexico, year by year

Annual values for Nonrenewable natural capital, metals and minerals: iron ore (current US$) in Mexico, 1995 to 2020.
Year current US$ Change
1995 1.21 billion current US$ —
1996 1.40 billion current US$ +15.8%
1997 1.42 billion current US$ +1.6%
1998 2.69 billion current US$ +89.8%
1999 2.50 billion current US$ -7.2%
2000 2.07 billion current US$ -17.3%
2001 1.71 billion current US$ -17.2%
2002 2.07 billion current US$ +21.1%
2003 2.75 billion current US$ +32.9%
2004 4.25 billion current US$ +54.3%
2005 8.84 billion current US$ +108.0%
2006 11.04 billion current US$ +24.8%
2007 23.24 billion current US$ +110.6%
2008 32.37 billion current US$ +39.3%
2009 6.78 billion current US$ -79.1%
2010 29.01 billion current US$ +327.8%
2011 30.24 billion current US$ +4.2%
2012 22.16 billion current US$ -26.7%
2013 25.96 billion current US$ +17.1%
2014 9.71 billion current US$ -62.6%
2015 1.54 billion current US$ -84.1%
2016 2.54 billion current US$ +64.5%
2017 5.04 billion current US$ +98.5%
2018 6.13 billion current US$ +21.6%
2019 0 current US$ -100.0%
2020 3.12 billion current US$ —

Mexico compared with similar countries

  • Mexico's 3.12 billion current US$ is below the median for upper middle income countries, which is 8.18 billion current US$, 38% of the median. (21 countries reporting)
  • Mexico's 3.12 billion current US$ is above the median for Latin America & Caribbean, which is 2.02 billion current US$, 1.5× the median. (8 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.84 billion current US$ 1.21 billion current US$ 2.69 billion current US$ 5
2000s 9.51 billion current US$ 1.71 billion current US$ 32.37 billion current US$ 10
2010s 13.23 billion current US$ 0 current US$ 30.24 billion current US$ 10
2020s 3.12 billion current US$ 3.12 billion current US$ 3.12 billion current US$ 1

Countries ranked near Mexico

  1. 22 New Zealand 6.24 billion current US$ compare
  2. 23 Indonesia 5.65 billion current US$ compare
  3. 24 Austria 4.28 billion current US$ compare
  4. 26 Norway 2.45 billion current US$ compare
  5. 27 Bosnia and Herzegovina 2.26 billion current US$ compare
  6. 28 Greece 1.72 billion current US$ compare

See the full ranking of 57 places →

More reference data data for Mexico

All data for Mexico →

Frequently asked questions

What is nonrenewable natural capital, metals and minerals: iron ore in Mexico?
Nonrenewable natural capital, metals and minerals: iron ore in Mexico was 3.12 billion current US$ in 2020, according to the World Bank.
What is the highest nonrenewable natural capital, metals and minerals: iron ore recorded in Mexico?
The highest recorded value was 32.37 billion current US$ in 2008.
What is the lowest nonrenewable natural capital, metals and minerals: iron ore recorded in Mexico?
The lowest recorded value was 0 current US$ in 2019.
How does Mexico rank for nonrenewable natural capital, metals and minerals: iron ore?
Mexico ranks 25th out of 57 countries with data for 2020.
Is nonrenewable natural capital, metals and minerals: iron ore rising or falling in Mexico?
Over the last ten years it is down 89.2%. The long-run trend across the full record is volatile.
Where does this Mexico data come from?
The figures come from the World Bank, published as part of Nonrenewable natural capital, metals and minerals: iron ore (current US$). Statizoid updates them automatically from the source API.

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Nonrenewable natural capital, metals and minerals: iron ore in Mexico. Statizoid. Retrieved 30 September 2026, from https://reference.statizoid.com/stat/nonrenewable-natural-capital-metals-and-minerals-iron-ore-current-us/mexico/

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About this data

Indicator
Nonrenewable natural capital, metals and minerals: iron ore (current US$)
Unit
current US$
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
57 places, 1,098 data points, 1995–2020
Last refreshed