Latest: Colombia 15:00 Colombian Presidential Election Forecast: 0
Latest: Switzerland 12:00 SNB Gov Board Member Zurbrugg Speaks Forecast: 0
Latest: United Arab Emirates 16:05 GDP (YoY) Forecast: 0 % Actual: -6.1%
Latest: South Africa 16:00 SARB Monetary Policy Review Forecast: 0
Latest: United Kingdom 12:30 Annual Budget Release Forecast: 0

Economy of Mexico. Statistics, Data and Indicators

flag
Mexico
60BBB+ Credit rank #46
126.42 Quality of life #44
126 Corruption rank#126
60 Ease of doing business#54
Mexico


Mexico Major Economic Indicators

Indicator Data Period
GDP Value 1414 USD Billion 2022
GDP Annual Growth Rate 3.6 % 2Q/23
GDP Growth Rate 0.8 % 2Q/23
GDP per capita 9756 USD 2022
Inflation Rate YoY 4.45 % Sep/23
Interest Rate 11.25 % Sep/23
Unemployment Rate 3 % Aug/23
Wages 535 MXN/Day | 630.058 USD/Month Aug/23
Balance of Trade -1377 USD Million | -1.377 B USD Aug/23
Current Account 6247 USD Million | 6.247 B USD 2Q/23
Foreign Exchange Reserves 210385 USD Million | 210.385 B USD Aug/23


GDP Indicators

Indicator Data Period
GDP Value 1414 USD Billion 2022
GDP Annual Growth Rate 3.6 % 2Q/23
GDP Growth Rate 0.8 % 2Q/23
GDP per capita 9756 USD 2022
GDP Constant Prices 24962288 MXN Million | 1399.883 B USD 2Q/23
GDP per capita PPP 19547 USD 2022
GDP From Agriculture  892422 MXN Million | 50.047 B USD 2Q/23
GDP From Construction  1506308 MXN Million | 84.474 B USD 2Q/23
GDP From Manufacturing  5216502 MXN Million | 292.541 B USD 2Q/23
GDP From Mining  989066 MXN Million | 55.467 B USD 2Q/23
GDP From Public Administration  818467 MXN Million | 45.9 B USD 2Q/23
GDP From Services  14766985 MXN Million | 828.131 B USD 2Q/23
GDP From Transport  1780881 MXN Million | 99.872 B USD 2Q/23
GDP From Utilities  354139 MXN Million | 19.86 B USD 2Q/23


Budget Indicators

Indicator Data Period
Government Debt to GDP 49.6 % 2021
Government Budget Value -512539 MXN Million | -28.743 USD Billion Aug/23
Government Spending 2735634 MXN Million | 153.414 USD Billion 2Q/23
Government Revenues 544788 MXN Million | 30.552 USD Billion Aug/23
Fiscal Expenditure  579709 MXN Million | 32.51 B USD Aug/23
Government Budget to GDP -3.4 % 2022
Military Expenditure 8536 USD Million | 8.536 B USD 2022


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 130 index points Sep/23
Export Prices 144 index points Jul/23
Food Inflation 5.9 % Sep/23
Gasoline Prices 1.28 USD/Liter Sep/23
GDP Deflator 126 index points 2Q/23
Import Prices 290 index points Jul/23
Inflation Rate YoY 4.45 % Sep/23
Producer Prices 121 index points Aug/23
Inflation Rate Mom 0.44 % Sep/23
Core Consumer Prices 130 Index Points Aug/23
Core Inflation Rate 5.76 % Sep/23
CPI Housing Utilities 114 Index Points Sep/23
CPI Transportation 125 Index Points Sep/23
Inflation Expectations 4.15 % Sep/23
Producer Prices Change  0.9 % Aug/23


Trade Indicators

Indicator Data Period
Current Account to GDP -0.9 % 2022
Balance of Trade -1377 USD Million | -1.377 USD Billion Aug/23
Capital Flows -10.69 USD Million | -0.011 USD Billion 2Q/23
Current Account 6247 USD Million | 6.247 USD Billion 2Q/23
Exports 52360 USD Million | 52.36 USD Billion Aug/23
External Debt 597057 USD Million | 597.057 USD Billion 2Q/23
Foreign Exchange Reserves 210385 USD Million | 210.385 USD Billion Aug/23
Imports 53737 USD Million | 53.737 USD Billion Aug/23
Terms of Trade  49.75 Index Points Jul/23
Tourism Revenues  2648289 USD Thousand | 2.648 B USD Jul/23
Tourist Arrivals 2426 Thousand Persons | 2.426 Million Persons Jul/23


Money Indicators

Indicator Data Period
Gold Reserves 120 Tonnes 2Q/23
Interbank Rate 11.5 % Sep/23
Interest Rate 11.25 % Sep/23
Loans to Private Sector 3139169792 MXN Thousand | 176.044 USD Billion Aug/23
Money Supply M0 2702815 MXN Million | 151.574 USD Billion Sep/23
Money Supply M1 6811124224 MXN Thousand | 381.967 USD Billion Aug/23
Money Supply M2 12885680128 MXN Thousand | 722.628 USD Billion Aug/23
Money Supply M3 15348106240 MXN Thousand | 860.72 USD Billion Aug/23
Central Bank Balance Sheet 4204904704 MXN Thousand | 235.811 B USD Sep/23
Deposit Interest Rate 4.95 % Jul/23
Foreign Direct Investment 18636 USD Million | 18.636 B USD 1Q/23
Private Sector Credit  5983576064 MXN Thousand | 3355.584 B USD Aug/23


Labor Indicators

Indicator Data Period
Minimum Wages 207 MXN/Day | 243.779 USD/Month Aug/23
Retirement Age Men 65 2022
Retirement Age Women 65 2022
Unemployment Rate 3 % Aug/23
Wages 535 MXN/Day | 630.058 USD/Month Aug/23
Employed Persons 58521992 Person | 58.522 Million Person 2Q/23
Employment Rate  97.04 % Aug/23
Labor Force Participation Rate 60.53 % Aug/23
Living Wage Family 7900 MXN/Month | 342.922 USD/Month 2018
Living Wage Individual 4320 MXN/Month | 187.522 USD/Month 2018
Unemployed Persons 1694442 Persons | 1.694 Million Persons 2Q/23
Wages High Skilled 17200 MXN/Month | 746.615 USD/Month 2018
Wages in Manufacturing 3.9 USD/Hour | 624 USD/Month Jul/23
Wages Low Skilled  5390 MXN/Month | 233.968 USD/Month 2018


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 1969 BBL/D/1K May/23
Industrial Production 4.82 % Jul/23
Mining Production -0.74 % Jul/23
Steel Production 1550 Thousand Tonnes Dec/20
Car Production 339 Thousand Units Sep/23
Industrial Production (MoM) 0.5 % Jul/23


Business Indicators

Indicator Data Period
Business Confidence 53.8 index points Sep/23
Corruption Index 31 index points 2022
Corruption Rank 126 place 2022
Ease of Doing Business 60 place 2019
Manufacturing PMI 49.8 index points Sep/23
Manufacturing Production 0.8 % Jul/23
Competitiveness Index 64.95 Index Points 2019
Competitiveness Rank 48 2019
Leading Economic Index  109 % Jul/23
Total Vehicle Sales 50769 Units | 0.051 M Units Aug/23


Consumer Indicators

Indicator Data Period
Consumer Confidence 46.8 index points Sep/23
Retail Sales MoM 0.2 % Jul/23
Retail Sales YoY 5.1 % Jul/23
Consumer Credit 1672145 MXN Million | 93.774 USD Billion 2Q/23
Consumer Spending 17604968 MXN Million | 987.285 USD Billion 2Q/23
Households Debt To GDP 16.7 % 1Q/23