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MEXICO CITY (Reuters) -Mexican President Claudia Sheinbaum on Monday rolled out her administration's roadmap to make the nation one of the world's top economies by the time she leaves office.
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 .
Mexico is established as an upper-middle-income country. After the slowdown of 2001 the country recovered and grew 4.2, 3.0 and 4.8 percent in 2004, 2005 and 2006, [170] even though it is considered to be well below Mexico's potential growth. [171] By 2050, Mexico could potentially become the world's fifth or seventh-largest economy. [172] [173]
By the end of the 21st century, Mexico's military and economic power will have grown tremendously, and it will be in a position to challenge the United States for dominance of North America. In addition to an insurgency by Mexican separatists , political, cultural, and military tensions between the United States and Mexico will rise, and ...
Mexico could boost its annual economic activity by more than 25%, or $390.5 billion, if women participated in the labor force at the same rate as men, a report estimated on Tuesday. Key to ...
Due to Mexico's rapidly advancing infrastructure, increasing middle class and rapidly declining poverty rates it is expected to have a higher GDP per capita than all but three European countries by 2050, this newfound local wealth also contributes to the nation's economy by creating a large domestic consumer market which in turn creates more jobs.
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 ...
These figures have been taken from the International Monetary Fund's World Economic Outlook (WEO) Database, October 2024 Edition. [1] The figures are given or expressed in Millions of International Dollars at current prices.