(2015 est.) ), Market value of publicly traded shares: 21.4% of GDP )country comparison to the world (CIA rank, may be based on non-current data): Exports: (31 December 2017 est.) $374.3 billion (2017 est.) $148.6 billion industry: 31.9% $450.2 billion Exports: [see also: Reserves of foreign exchange and gold country ranks ] (2017 est.) (2016 est.) [see also: GDP - composition, by end use - household consumption country ranks ] (31 December 2017 est.) $393.8 billion (2017 est.) Exports: (31 December 2016 est. 12 investment in inventories: 0.8% Exports: (2017 est.) [see also: Market value of publicly traded shares country ranks ] (2017 est. $420.8 billion (31 December 2017 est.) 4.72% (31 December 2017 est.) expenditures: 273.8 billion (31 December 2016 est. (2013 est. [see also: Budget surplus (+) or deficit (-) country ranks ] $445.8 billion [see also: Budget - revenues country ranks ] Fiscal year: calendar year 16 (31 December 2017) $393.8 billion Taxes and other revenues: 22.7% (of GDP) (2015 est.) $526 billion 25 )country comparison to the world (CIA rank, may be based on non-current data): 54.3% of GDP -$19.35 billion [see also: Commercial bank prime lending rate country ranks ] 82 [see also: Exports country ranks ] 6% Stock of broad money: )country comparison to the world (CIA rank, may be based on non-current data): [see also: Current account balance country ranks ] $148.6 billion (2017 est.) 18.664 [see also: Stock of direct foreign investment - at home country ranks ] $387.4 billion (31 December 2013 est. Stock of direct foreign investment - at home: [see also: Public debt country ranks ] [see also: GDP - composition, by sector of origin - services country ranks ] (2017 est.) 12 (2016 est. 13.292 14 $175.3 billion 82 )country comparison to the world (CIA rank, may be based on non-current data): [see also: Budget - expenditures country ranks ] [see also: Current account balance country ranks ] Public debt: $148.6 billion Reserves of foreign exchange and gold: (2017 est.) 18.26 [see also: Labor force - by occupation - industry country ranks ] [see also: Labor force - by occupation - services country ranks ] $178.4 billion (2017) Central bank discount rate: ), Stock of direct foreign investment - abroad: note: underemployment may be as high as 25%country comparison to the world (CIA rank, may be based on non-current data): Stock of direct foreign investment - at home: $526 billion note: Mexico also maintains access to an $88 million Flexible Credit Line with the IMFcountry comparison to the world (CIA rank, may be based on non-current data): 56.8% of GDP )country comparison to the world (CIA rank, may be based on non-current data): Taxes and other revenues: 22.7% (of GDP) 12 (31 December 2013 est. Unemployment rate: )country comparison to the world (CIA rank, may be based on non-current data): (2017 est.) 3.9% )country comparison to the world (CIA rank, may be based on non-current data): 13.292 Distribution of family income - Gini index: -$23.32 billion $409.8 billion agriculture: 13.4% (31 December 2017 est.) [see also: Commercial bank prime lending rate country ranks ] Page last updated on January 27, 2020 Economy - overview: Mexico's $2.4 trillion economy – 11th largest in the world - has become increasingly oriented toward manufacturing since the North American Free Trade Agreement (NAFTA) entered into force in 1994. 18.26 $186.6 billion Stock of broad money: [see also: Imports country ranks ] (31 December 2014 est.) Economic News. (2017 est. Imports: $175.3 billion [see also: Commercial bank prime lending rate country ranks ] revenues: 261.4 billion [see also: Debt - external country ranks ] (2016 est.) 15.848 (31 December 2017 est.) (31 December 2016 est.) 48.3 (31 December 2015 est.) 14 18.664 services: 61.9% 18.26 (31 December 2016 est. [see also: Stock of direct foreign investment - at home country ranks ] services: 61.9% (31 December 2016 est. 24 44 [see also: Stock of broad money country ranks ] (2014 est.) [see also: Commercial bank prime lending rate country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): )country comparison to the world (CIA rank, may be based on non-current data): )country comparison to the world (CIA rank, may be based on non-current data): -$19.35 billion )country comparison to the world (CIA rank, may be based on non-current data): government consumption: 11.8% $178.4 billion )country comparison to the world (CIA rank, may be based on non-current data): 25 $2.346 trillion $431.6 billion (2016 est. $243.8 billion (2017 est.) $450.2 billion (2017 est.) -$23.32 billion industry: 24.1% $243.8 billion 186 )country comparison to the world (CIA rank, may be based on non-current data): Debt - external: Exchange rates: Mexican pesos (MXN) per US dollar - [see also: Labor force - by occupation - services country ranks ] [see also: Imports country ranks ] $215.5 billion $402.3 billion (31 December 2017 est.) [see also: Stock of narrow money country ranks ] 28 (2017 est.) 13.292 25 (31 December 2013 est. $402.3 billion Exports: $178.4 billion (2017 est.) (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): Labor force - by occupation: (2016 est.) [see also: Debt - external country ranks ] (31 December 2015 est.) [see also: GDP - composition, by end use - investment in inventories country ranks ] $186.6 billion [see also: Budget - revenues country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2016 est. Stock of narrow money: $387.4 billion (2016 est. (2017 est.) 14 )country comparison to the world (CIA rank, may be based on non-current data): [see also: Current account balance country ranks ] [see also: Stock of direct foreign investment - at home country ranks ] revenues: 261.4 billion 131 About (2017 est. 18.26 $374.3 billion exports of goods and services: 37.8% 16 18.26 15.848 (2013 est. Market value of publicly traded shares: $175.3 billion Debt - external: [see also: Central bank discount rate country ranks ] (31 December 2016 est. 174 (31 December 2016 est. (31 December 2016 est. (2013 est. [see also: Labor force - by occupation - services country ranks ] (2017 est.) (2017 est.) (31 December 2013 est. note: from a food-based definition of poverty; asset-based poverty amounted to more than 47% Debt - external: )country comparison to the world (CIA rank, may be based on non-current data): Mexico’s economy expanded at the fastest pace in at least three decades in the third quarter, making up for part of the output lost during the pandemic as manufacturing surged to meet strong U.S. demand. [see also: Market value of publicly traded shares country ranks ] (31 December 2017 est.) 20.7% of GDP )country comparison to the world (CIA rank, may be based on non-current data): [see also: GDP - composition, by sector of origin - industry country ranks ] 4.72% (2017 est.) $178.4 billion [see also: Debt - external country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): $2.413 trillion )country comparison to the world (CIA rank, may be based on non-current data): $420.8 billion (2017 est.) (31 December 2017 est.) (31 December 2016 est.) (2017 est.) 24 note: Mexico also maintains access to an $88 million Flexible Credit Line with the IMFcountry comparison to the world (CIA rank, may be based on non-current data): Exports - commodities: manufactured goods, electronics, vehicles and auto parts, oil and oil products, silver, plastics, fruits, vegetables, coffee, cotton; Mexico is the world's leading producer of silver $178.4 billion 28 $420.8 billion (31 December 2016 est.) 44 (31 December 2016 est. 25 (31 December 2017 est.) -$23.32 billion [see also: Labor force - by occupation - agriculture country ranks ] (2017 est. 14 Mexico’s economy remains vulnerable to uncertainty surrounding the future of NAFTA — because the United States is its top trading partner and the two countries share integrated supply chains — and to potential shifts in domestic policies following the inauguration of a new a president in December 2018. )country comparison to the world (CIA rank, may be based on non-current data): (2017 est.) 42 highest 10%: 40% 3.4% 28 (2017 est.) (31 December 2014 est.) (2017) )country comparison to the world (CIA rank, may be based on non-current data): $175.3 billion 7.25% )country comparison to the world (CIA rank, may be based on non-current data): -$19.35 billion Stock of direct foreign investment - abroad: Labor force - by occupation: )country comparison to the world (CIA rank, may be based on non-current data): 82 [see also: GDP - composition, by end use - government consumption country ranks ] 15.848 Budget: $178.4 billion [see also: Current account balance country ranks ] 54.3% of GDP )country comparison to the world (CIA rank, may be based on non-current data): )country comparison to the world (CIA rank, may be based on non-current data): $445.8 billion [see also: GDP - composition, by sector of origin - services country ranks ] Mexico: Economic activity softens for third consecutive month in September. (2017 est.) 5.75% [see also: Gross national saving country ranks ] 18.664 [see also: Stock of broad money country ranks ] -$23.32 billion (31 December 2016 est. (2017 est. $473.5 billion revenues: 261.4 billion (2017 est.) -$23.32 billion (2014 est.) )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2016)country comparison to the world (CIA rank, may be based on non-current data): household consumption: 67% $387.4 billion [see also: GDP - composition, by sector of origin - services country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): [see also: Market value of publicly traded shares country ranks ] 113 All suggestions for corrections of any errors about Mexico Economy 2020 should be addressed to the CIA or the source cited on each page. Limited so far, and the 2021 Budget does not contemplate much more.... 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