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 (2017): United States, China, and Germany
Top 3 Exported Goods (2017): 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) [1]

GDP, PPP (current international) $2,358,275,520,126 (2017)
GDP Growth Rate (annual %) 2.037% (2017)
GDP Per Capita, PPP (current international) $18,258 (2017)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 12/195 (2017)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 6.041% (2017)
External debt stocks, total (DOD, current US$) $422,656,826,000 (2016)
Total tax rate (% of commercial profits) 52.1% (2017)
Real Interest Rate (5 year average %) 1.136% (2017)
Manufacturing, value added (% of GDP) 17.116% (2017)
Current Account Balance (BoP, current US$) ($19,354,125,310) (2017)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 58,072,901 (2017)
Employment in Agriculture (% of total employment) 13.113% (2017)
Employment in Industry (% of total employment) 25.759% (2017)
Employment in Services (% of total employment) 61.128% (2017)
Unemployment Rate 3.42% (2017)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $456,350,218,500 (2017)
Exports of goods and services (current US$) $435,589,880,713 (2017)
Total Merchandise Trade (% of GDP) 73.192% (2017)
FDI, net inflows (BoP, current US$) $32,126,857,705 (2017)
Commercial Service Exports (current US$) $27,011,839,035 (2017)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

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

Sources

  1. The World Bank