Mexico: Economy

Economic Trivia

Mexico has free trade agreements with over 50 countries including Guatemala, Honduras, El Salvador, the European Free Trade Area, and Japan - putting more than 90% of trade under free trade agreements.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2015): United States, China, and Canada
Top 3 Exported Goods (2015): Motor Vehicles & Parts, Electrical Machinery, and Industrial Machinery

Top Industries Source: CIA World Factbook

Food and Beverages; Tobacco; Chemicals; Iron and Steel

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $2,194,431,313,648 (2015)
GDP Growth Rate (annual %) 2.547% (2015)
GDP Per Capita, PPP (current international) $17,277 (2015)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 11/193 (2015)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 2.721% (2015)
External debt stocks, total (DOD, current US$) $432,602,236,000 (2014)
Total tax rate (% of commercial profits) 51.7% (2015)
Real Interest Rate (5 year average %) 0.886% (2015)
Manufacturing, value added (% of GDP) 18.4% (2015)
Current Account Balance (BoP, current US$) ($31,725,058,755) (2015)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 55,561,477 (2014)
Employment in Agriculture (% of total employment) 13.4% (2013)
Employment in Industry (% of total employment) 23.6% (2013)
Employment in Services (% of total employment) 62.4% (2013)
Unemployment Rate 4.9% (2014)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $428,678,421,092 (2015)
Exports of goods and services (current US$) $404,356,597,301 (2015)
Total Merchandise Trade (% of GDP) 62.493% (2014)
FDI, net inflows (BoP, current US$) $30,284,595,503 (2015)
Commercial Service Exports (current US$) $21,085,918,440 (2014)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Mexico’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary