Mexico+Economics


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 Mexico Economics
====**The economy of** **[|Mexico] is the 13th largest in the world in nominal terms; and the 11th by purchasing power parity, according to the World Bank. Since the [|1994 crisis], administrations have improved the country's [|macroeconomic fundamentals]. Mexico was not significantly influenced by the recent [|2002 South American crisis], and maintained positive, although low, rates of growth after a brief period of stagnation in 2001. However, Mexico was one of the Latin American nations most affected by the [|2008 recession] with its Gross Domestic Product contracting by more than 6%. [|Moody's] (in March 2000) and [|Fitch IBCA] (in January 2002) issued investment-grade ratings for Mexico's sovereign debt. In spite of its unprecedented macroeconomic stability, which has reduced inflation and interest rates to record lows and has increased per capita income, enormous gaps remain between the urban and the rural population, the northern and southern states, and the rich and the poor.**====

$1.465 trillion (PPP; 2009)[|[2]] || $14,337 (2009) (PPP) ||
 * = //Going clockwise and starting from the upper left image: Very likely port of [|Veracruz], [|Puerta de Hierro] in Guadalajara Business District, [|Mastretta MXT] automovile by Mexican automaker [|Mastretta], [|Pemex] Oil platform in the [|Gulf of Mexico], Ancient city of [|Tulum], Crops, City of [|Monterrey]// ||
 * ~ **Rank** || [|13th] (nominal) / [|11th] (PPP) ||
 * ~ **Currency** || [|Mexican peso] (MXN, $) ||
 * ~ **[|Fiscal year]** || calendar ||
 * ~ **Trade organisations** || [|APEC], [|CARICOM], [|NAFTA], [|OECD] and [|WTO] ||
 * ~ Statistics ||
 * ~ **[|GDP]** || $1.085 trillion (nominal; 2009)[|[1]]
 * ~ **GDP growth** || 5.3%[|[3]] (2010) ||
 * ~ **GDP per capita** || $9,100 (2009) (nominal)[|[4]]
 * ~ **GDP by sector** || [|agriculture]: 4%, [|industry]: 26.6%, [|services]: 69.5% (2007 est.) ||
 * ~ **[|Inflation]** ([|CPI]) || 3.6% ||
 * ~ **Population**
 * below [|poverty line]** || 18.2% using food-based definition of poverty; asset based poverty was approximately 47% (2008)[|[5]] ||
 * ~ **Labour force** || 44.71 million (2007 est.) ||
 * ~ **Labour force**
 * by occupation** || agriculture: 18%, industry: 24%, services: 58% (2003) ||
 * ~ **[|Unemployment]** || 6.2% plus considerable [|underemployment](26%) (2009)[|[5]] ||
 * ~ **[|Ease of Doing Business Rank]** || 35th[|[6]] ||
 * ~ External ||
 * ~ **Exports** || $223.5 billion [|f.o.b.] (2009 est.)[|[5]] ||
 * ~ **Export goods** || Manufactured goods, electronics, oil and oil products, aircraft, silver, computers and servers, fruits, meats, consumer electronics, processed foods, vegetables, ships, coffee, LCD screens, electricity, biotechnology, cotton, rolling stoc, automotive and aircraft enigines, cellular phones, metals, industrial equipment, granite and marble, lithium, batteries ||

[|China] 9.35%, [|South Korea] 5.21%, [|Japan] 4.1% (2009) || //All values, unless otherwise stated, are in [|US dollars]// ||
 * ~ **Main export partners** || [|US] 76.5%, [|Canada] 6%, [|Germany] 1.7% (2008) ||
 * ~ **Imports** || $234.6 billion f.o.b. (2009 est.)[|[5]] ||
 * ~ **Import goods** || steel mill products, agricultural machinery, electrical equipment, repair parts for motor vehicles and aircraft parts ||
 * ~ **Main import partners** || [|United States] 56.7%,
 * ~ Public finances ||
 * ~ **Public debt** || $272 billion (December 2009)[|[7]] ||
 * ~ **Revenues** || $206.5 billion (2009)[|[7]] ||
 * ~ **Expenses** || $226.6 billion (2009)[|[7]] ||
 * ~ **Economic aid** || $189.4 million (2008) ||
 * = [|**Main data source: CIA World Fact Book**]
 * ~ GDP per capita [|PPP] || US $14,900 (2008) ||
 * ~ GNI per capita [|PPP] || US $11,990 (2006) ||
 * ~ [|Inflation] ([|CPI]) || 3% (2007) ||
 * ~ [|Gini index] || 44.5 ||
 * ~ [|Unemployment] || 3.7% (2007) ||
 * ~ [|HDI] || [[image:http://upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png width="11" height="11" caption="increase"]] 0.854 ||
 * ~ Labor force || 45.38 million (2007) ||
 * ~ Pop. in poverty || 13.8% ||