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Currency exchange
07-Sep-2010

13.02 = 1US$


 




Asoc. Latinoamericana de Integración

Untitled Document

General Information

Total Population 111,200,000
Area 1,923,040 km2
Local Currency Mexican Peso (MXN)
Literacy 92.2%
Economically active population 49,039,200
as % of total population 44.1%
Unemployment rate 4.9% (urban areas - CEPAL statistic 2008)
   
Gross Domestic Product (GDP) 874,900 US$ millions
as % of Regional GDP 22.3% (Latin America GDP 2009 = US$ 3,928,300 millions)
GDP per Head 7,868 US$
Ranking in Latin America 6

Important dates
  • January 1 - New Year
  • First Monday of February - Constitution Day
  • Third Monday of March - Birthday of Benito Jurez
  • Holy Thursday and Holy Friday - Changes every year
  • May 1 - Labor Day
  • September 16 - Independence Day
  • November 2 - All Saints Day
  • November 20 - Mexican Revolution
  • December 1 every 6 years - President's Inaugural Day
  • December 12 - Our Lady of Guadalupe
  • December 25 - Christmas
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Economic Statistics
(years 2006 - proj. 2010)
Mexico has a Gross Domestic Product of US$874,900MM. This is distributed by sectors in the following way: agriculture with 3.6%, having as main products corn, wheat, soybeans, rice; industry with 34.6%, having as main products food and beverages, tobacco, chemicals, iron and steel; and the services sector with 61.8%.
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National Accounts
National Accounts 2006 2007 2008 est. 2009 proj. 2010
▲% GDP 4.9% 3.3% 1.5% -6.6% 4.3%
Nominal GDP (US$ millions) 952,500 1,025,600 1,089,900 874,900 995,800
GDP per Head (US$) 8,869 9,435 9,908 7,868 8,852
GDP by Sector     100.0%    
Agriculture     3.6%    
Industry     34.6%    
Services     61.8%    
Inflation rate 4.1% 3.8% 6.5% 3.6% 6.6%
Budget Balance 0.1% 0.0% -0.1% -2.3% -1.0%

GPD Growth
 
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Trade Statistics
Regarding foreign trade, US represents its main commercial partner buying 80.1% of Mexican exports, whereas the main export products are constituted by manufactured products.


Foreign Trade (2008) See other countries
Exports Imports
By countries By countries
US 80.1% US 49.0%
Canada 2.4% China 11.2%
Germany 1.7% South Korea 5.3%
Spain 1.5% Japan 4.4%
By products By products
Manufactured goods 79.2% Intermediate goods 71.8%
Oil 17.4% Consumer goods 15.5%
Agricultural products 2.7% Capital goods 12.7%
Mining products 0.7%
 


Balance of Payments (US$ mill.) 2006 2007 2008 est. 2009 proj. 2010
 
Exchange rate: MXN / US$
(end of period)
10.88 10.87 13.54 13.06 13.54
           
Exports of goods 249,925 271,875 291,343 229,707 267,200
Imports of goods 256,058 281,949 308,603 234,385 278,000
Trade & Services Balance -11,869 -16,379 -24,339 -12,703 -18,226
% GPD -1.2% -1.6% -2.2% -1.5% -1.8%
Income Balance -18,527 -18,435 -17,010 -14,053 -16,777
% GDP -1.9% -1.8% -1.6% -1.6% -1.7%
Current Transfers Balance 25,949 26,415 25,461 21,517 21,502
% GDP 2.7% 2.6% 2.3% 2.5% 2.2%
Current Account Balance -4,447 -8,399 -15,888 -5,239 -13,501
% GPD
-0.5% -0.8% -1.5% -0.6% -1.4%
Net Direct Investments flows 13,711 18,837 21,360 3,819 17,200
% GDP 1.4% 1.8% 2.0% 0.4% 1.7%
Net portfolio Investmentes flows 5,451 11,844 5,682 442 3,442
% GDP 0.6% 1.2% 0.5% 0.1% 0.3%



 


 


2006 2007 2008 est. 2009 proj. 2010
Foreign Debt Stock 160,490 178,108 178,782 182,319 186,529
% GDP 16.8% 17.4% 16.4% 20.8% 18.7%
     
Foreign Debt Service 47,071 39,896 45,305 38,331 44,124
Principal repayments 35,566 27,911 33,160 26,832 33,680
Interest payments 11,505 11,985 12,145 11,499 10,444
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