Solid—but not breakout—growth ahead Deloitte estimates Mexico’s GDP will grow 2.2% in 2024, then at a 2.1% average rate annually from 2025 to 2030, continuing down the country’s current macroeconomic direction. The trend does not necessarily point to a nearshoring-driven boom, but neither...
The main driver of domestic growth in 2024 will be public and private consumption, particularly by lower income households. The 2024 Public Sector Economic Package foresees a material boost in public spending directed at consumption, coming on top of strong remi...
MEXICO CITY (Reuters) - Mexico expects its budget deficit next year to come down to 3.9% of GDP as growth increases, Finance Minister Rogelio Ramirez de la O said on Friday, as the government plans hefty spending cuts including to defense and security. Latin America's second-l...
For the Latin America and the Caribbean region as a whole, growth is projected at 2.1% in 2024, slightly up from the 1.9% forecast published in July, said the IMF. “[Brazil’s GDP growth forecast] is an upward revision … owing...
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...
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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....
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 ...
In 2018, Mexico, Latin America's second largest economy after Brazil, saw a 2 percent growth in GDP.
In 3Q14 Mexico´s GDP growth rate was moderate. This fact along with a downward revision of previous quarters induced us to lower our GDP growth rate f...Juan Carlos RivasArnoldo LópezFrancisco Morales