As the effects of the Covid-19 coronavirus lockdowns devastated economic activity, official data from Mexico's national statistics agency INEGI shows that the nation's economy shrank by 17.3% between March and April, marking the largest ever fall since economic figure were publicly published in early 1993. In unadjusted terms, Mexico's economy dipped 19.9% in April compared to a year earlier.

Data indicates that Mexico's primary economic activities such as agriculture, fishing, and mining shrank 6.4% between March and April while secondary activities such as manufacturing dropped 25.1%. The INEGI shows that auto production fell by 98.8% in April compared to last year. Meanwhile, tertiary economic activities such as the service, travel, tourism, and entertainment sector fell by 14.4%.

Mexican officials stated their hopes that economic activities can increase in the coming months, as automobile manufacturing, mining, and agriculture slowly starts up again. As of now, the Mexico Secretariat of Health (http://www.salud.gob.mx/), World Health Organization (https://covid19.who.int/), and Johns Hopkins University (https://coronavirus.jhu.edu/map.html) reports that the nation has over 208,000 confirmed cases of the Covid-19 coronavirus alongside over 25,700 Covid-19-related deaths. 

Note: All photos used in this article are from the public domain and do not require attribution or any citation for commercial use. All figures and statistics are accurate as of 17:55 local Vancouver time on June 26th, 2020.