Economy of Mexico. Statistics, Data and Indicators
Mexico
| 60BBB+ | Credit rank #46 |
| 126.42 | Quality of life #44 |
| 126 | Corruption rank#126 |
| 60 | Ease of doing business#54 |
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
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 30 % | 2023 |
| Personal Income Tax Rate | 35 % | 2023 |
| Sales Tax Rate | 16 % | 2023 |
| Social Security Rate | 9.23 % | 2022 |
| Social Security Rate For Companies | 7.58 % | 2022 |
| Social Security Rate For Employees | 1.65 % | 2022 |
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 |
