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...
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....
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
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...
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...
GDP Deflator Growth (%) 6.5 Dec 2022 quarterly Mar 1981 - Dec 2022 GDP per Capita (USD) 10,934.885 2022 yearly 1993 - 2022 Gross Fixed Capital Formation (USD mn) 110,753.255 Sep 2024 quarterly Mar 1993 - Sep 2024 Gross National Product (GNP) (USD mn) 1,744,711.420 2023 yearly ...
The IMF added output would slow further in 2023, growing at 1.3%. See bottom table for data on the main Latin American economies’ GDP growth and inflation forecasts. Meanwhile, Brazil’s economic performance has outpaced all forecasts in 2024, at ho...
In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, GDP per capita, and internet connection speed. This data helps us estimate the market size for each country individually. Forecasts:In our forecasts, we apply diverse forecasting ...
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...
Market Trend and Outlook BBVAestimates GDP will grow 2.5% in 2024, a lower rate compared to 2023 (+2.9%) due to lower dynamism in domestic demand. Formal job creation will continue to slowdown in 2024 despite unemployment expected to grow 2.8%. Investment will also fall due to a deceleratio...