Mexico City, Mexico — The Ministry of Economy says Mexico reached a record high in Foreign Direct Investment during 2025. The country exceeded $40 billion USD, a 10.8 percent annual increase.
According to the Ministry as of the end of 2025, Mexico received $40.871 billion USD in Foreign Direct Investment (FDI), the highest figure ever recorded in a single year. This result represents a 10.8 percent increase compared to 2024, maintaining an upward trend for the fifth consecutive year.
With this, Mexico positions itself as a strategic destination for global productive capital in an environment where FDI flows to developing economies showed a 2 percent drop in 2025, according to estimates from the UN Conference on Trade and Development (UNCTAD).
Regarding the total FDI flows that entered Mexico in 2025, reinvestment of profits registered the largest share with 67.7 percent of the total, followed by new investments, with 18.0 percent, while intercompany accounts represented the remaining 14.3 percent.
The behavior of investment types, compared to the previous year, was as follows:
New investments grew 132.9 percent, going from $3,168 million in 2024 to $7,378 million in 2025, being the type of investment that gave the most dynamism to the total FDI flow, reflecting Mexico’s ability to attract new capital that promotes the adoption of cutting-edge technologies and the growth of productivity in the national industry.
Meanwhile, reinvestment of profits registered a slight contraction, equivalent to -3.7 percent annually, going from $28,710 million USD to $27,650 million USD, derived from a greater distribution of dividends.
Finally, intercompany accounts registered an annual growth of 17.0 percent, going from $4,994 million USD in 2024 to $5,844 million USD in 2025, which is associated with the dynamics of capital reorganization in corporate groups.
During the fourth quarter of 2025, a net FDI flow of $5,026 billion USD was recorded, primarily due to dividend payments and financial transactions by Mexican companies with their foreign affiliates.
This figure does not reflect investment cancellations. The change was offset by new FDI notifications received in the first three quarters of the year, totaling $4.991 billion USD.
Consequently, the net adjustment at the end of 2025 was marginal ($35 million USD) compared to the third quarter, without altering the positive trend that solidified the record high for FDI flows to Mexico.
In 2025, the United States remained Mexico’s leading investor partner generating FDI flows of $15.877 billion USD representing 38.8 percent of the total. Spain ranked second, with flows of $4.431 billion USD, equivalent to 10.8 percent.
These countries were followed by Canada with $3.323 billion USD (8.1 percent), the Netherlands with $2.387 billion USD (5.8 percent) and Japan with $2.293 billion USD (5.6 percent).
The top 5 source economies together accounted for 69.1 percent of the total FDI flow received by Mexico in 2025.
Meanwhile, the economies of the North American region (United States and Canada) together accounted for nearly half of FDI in 2025 (46.9 percent).
Mexico City remains the top destination for foreign direct investment (FDI) in 2025, receiving $22.381 billion USD, representing 54.8 percent of the total. Compared to the previous year, FDI in the city grew by 55.1 percent.
Second place went to Nuevo León which received $3.628 billion USD, representing 8.9 percent of the total. In this state, FDI grew by 72.9 percent compared to the end of 2014.
The State of Mexico ranked as the third-largest recipient of foreign direct investment (FDI) in 2025, receiving $3.279 billion USD, representing an 8.0 percent share. Compared to the previous year, FDI in the state increased by 24.1 percent.
The five federal entities with the highest FDI received in 2025 collectively accounted for 80.2 percent of the national total.
The reported figures correspond to investments formally notified to the RNIE of the Ministry of Economy in the cut-off period and are presented as originally published figures , which are subject to updating in subsequent quarters, due to late notifications of FDI movements.
