General Information

Land vehicle export sales are the country's leading export at 22%, followed by machinery and electrical materials at 20%, mechanical devices at 15%, and petroleum at 10.5% of exports.
(Source: Banco de México)

Gross Domestic Product (GDP) % of regional GDP GDP per head

USD 1,149,240

millions

20.9%

 

USD 9,304

 

 Economic Statistics (years 2014 - forecast 2019)

National Accounts 2014 2015 2016 2017 f.2018 f.2019
             
GDP growth (%) 2.8% 3.3% 2.9% 2.0% 2.2% 2.4%
Nominal GDP (USD millions) 1,314,390 1,169,630 1,076,910 1,149,240 1,224,600 1,290,600
GDP per Head (USD) 10,979 9,666 8,807 9,304 9,817 10,249
Inflation (%) 4.1% 2.1% 3.4% 6.8% 3.8% 3.6%
Fiscal Balance (% GDP) -4.5% -4.0% -2.8% -1.1% -2.5% -2.5%
General Govt. gross debt (% GDP) 48.9% 52.9% 56.8% 54.2% 53.5% 53.4%
   

Trade Statistics

 

Foreign Trade - Composition        
           
Exports     Imports    
           
By countries     By countries  
US 79.8%   US   49.1%
Canada 2.8%   China   18.7%
Germany 1.7%   Japan   4.6%
China 1.6%   Germany   4.1%
           
By products     By products  
Manufactures 74.9%   Manufactures 79.1%
Fuels and mining prod. 15.9%   Fuels and mining prod. 10.9%
Agricultural products 6.6%   Agricultural products 7.7%
   
Balance of Payments (USD millions) 2014 2015 2016 2017 f.2018 f.2019
             
Exports of Goods 397,650 380,976 374,296 409,868 442,248 469,667
Exports growth (%) 4.4% -4.2% -1.8% 9.5% 7.9% 6.2%
Imports of Goods 400,440 395,573 387,369 420,765 447,273 474,557
Imports growth (%) 4.9% -1.2% -2.1% 8.6% 6.3% 6.1%
Foreign Trade (% GDP) 61% 66% 71% 72% 73% 73%
             
Current Account Balance -23,717 -29,328 -22,829 -18,831 -21,060 -25,600
% GDP -1.8% -2.5% -2.1% -1.6% -1.7% -2.0%
Foreign Direct Investment 30,234 36,445 34,747 31,069 29,800 32,500
% GDP 2.3% 3.1% 3.2% 2.7% 2.4% 2.5%
   

 

Disclaimer

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