3.18% GDP growth in 2023 Mexico’s economy continues to impress. GDP growth is forecast to continue at 1.5-2% through to 2027.(2) The world’s 14th largest economy(3) And the second largest in Latin America after Brazil. 101 million Internet users Mexico is the 9th largest digital...
$1.63 Per $1K GDP Venture Capital per GDP National: $6.23 2.7% Job Growth National: 2.7% 0.1% Net Migration National: 0.3% Education Ranking Attributes #50Rank Rankings Higher Education #21 Pre-K-12 #50 Higher Education #21 Pre-K-12 #50 See Full Education Rankings $10,879 Debt at Gra...
The impact of that one sector alone was considerable: If construction had grown at its historical rate of 1% per year, overall GDP growth would have been close to 2.4% instead of the 3.2% observed in 2023. What explains this is the large injection of public funds into the construction of...
Mexico: Gross domestic product (GDP) per capita in current prices from 1987 to 2029 (in U.S. dollars) ×Zoomable Statistic: Select the range in the chart you want to zoom in on. GDP per capita in U.S. dollars2,194.692,194.692,631.482,631.483,144.693,144.693,640.263,640.264,281.74,281....
On economic activity, although we have a higher than consensus forecast for 2024, we believe GDP growth will be highly front loaded, and highly focused on consumption spending. We expect a strong post-election slump in domestic demand. We anticipate that the...
Acapulco +0052 744; Aguascalientes +0052 449; Cabo San Lucas +0052 624; Campeche +0052 981; Cancún +0052 998; Celaya +0052 461; Chihuahua +0052 614; Ciudad del Carmen +0052 938; Ciudad Juárez +0052 656; Cozumel +0052 987; Cuernavaca +0052 777; Culiacán +0052 667; Durango +0052 618...
That is significantly higher than the IMF forecast, which sees 2025 growth at 1.3%. The government has been under pressure to narrow the deficit which is expected to close the year at 5.9% of GDP, the highest since the 1980s, while also fulfilling promises to increase welfare ...
In its quarterly inflation report, the bank also cut its forecast for 2023, estimating the country's gross domestic product (GDP) will expand 2.4 percent, down from 2.9 percent. "The revisions for both years reflect both external and internal factors," the bank said in its report for the ...
“[Brazil’s GDP growth forecast] is an upward revision … owing to stronger private consumption and investment in the first half of the year from a tight labor market, government transfers and smaller-than-anticipated disruptions from floods,” said the ...
Looking ahead, the paper presents medium-term paths for GDP based on alternative assumptions for productivity growth rates. The results indicate that the most important factor underlying the slowdown in output growth was a decline in trend total factor productivity growth. Economic policy reforms and ...