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The economy of Mexico is a developing mixed-market economy. [21] It is the 13th largest in the world in nominal GDP terms and by purchasing power parity as of 2024. [ 4 ] Since the 1994 crisis , administrations have improved the country's macroeconomic fundamentals .
The figures are from the International Monetary Fund (IMF) World Economic Outlook Database, unless otherwise specified. [1] This list is not to be confused with the list of countries by real GDP per capita growth, which is the percentage change of GDP per person taking into account the changing population of the country.
The following list shows the GDP (nominal) of Mexico's 32 states as of 2022, ranked in order. Overall, in the calendar year 2022, the Nominal GDP of Mexico at Current Prices totaled at US$1.42 trillion, as compared to US$1.27 trillion in 2021. Mexican states by GDP (2022)
Mexico's 2023 federal budget, which envisages economic growth of 3% next year, up from a projected 2.4% this year, is optimistic and may eventually require spending cuts, Carlos Morales, sovereign ...
The U.S. and Mexico are each other's largest trade partners, and Mexico is Latin America's No. 2 economy. Sheinbaum took office earlier this week for a six-year term, while the United States will ...
Mexico's top economy officials on Tuesday downplayed concerns about trade talks with Donald Trump's administration, saying the potential impact on American companies could give the incoming U.S ...
Mexico suffered from a massive debt crisis in 1982, resulting in the country requesting emergency financing from the IMF. Despite an early period of economic success, a decline in oil prices and an increase in US interest rates caused Mexico to double its debt from 1979 to 1982 causing an excess inflation rate of nearly 60% of its GDP. [6]
Index of Economic Freedom 2010 Archived 2018-12-24 at the Wayback Machine: 41 out of 175 Transparency International: Corruption Perceptions Index 2023: 126 out 180 Networked Readiness Index: Networked Readiness Index 2008–2009: 67 out of 134 Fund for Peace: Failed State Index 2009 98 out of 187 [3] The Observatory of Economic Complexity