19,576
edits
Changes
→Economy
Mexico’s trade regime is among the most open in the world, with free trade agreements with the U.S., Canada, the EU, and many other countries. Since the 1994 devaluation of the peso, successive Mexican governments have improved the country’s macroeconomic fundamentals. [[Inflation]] and public sector deficits are under control, while the current account balance and public debt profile have improved. As of September 2006, Moody’s, Standard & Poor’s, and Fitch Ratings had all issued investment-grade ratings for Mexico’s sovereign debt.
Mexico’s trade regime is among the most open in the world, with free trade agreements with the U.S., Canada, the EU, and many other countries. Since the 1994 devaluation of the peso, successive Mexican governments have improved the country’s macroeconomic fundamentals. [[Inflation]] and public sector deficits are under control, while the current account balance and public debt profile have improved. As of September 2006, Moody’s, Standard & Poor’s, and Fitch Ratings had all issued investment-grade ratings for Mexico’s sovereign debt.
*Nominal GDP (2005): $769 billion (rank in world: 13).
*Nominal GDP: $1.56 trillion (2010 est.) (rank in world: 12).
*GDP (PPP method, 2005): $1.07 trillion (rank in world: 13).
*GDP (PPP method, 2005): $1.07 trillion (rank in world: 13).
*Per capita GDP (2005): $7,450 (rank in world: 53).
*Per capita GDP (PPP method): $13,800 (2010 est.) (rank in world: 85).
*Annual real GDP growth: 5% (2010 est.); (2006 est.) 4.5%; (2005) 3.0%; (2004) 4.4%; (2003) 1.4%; (2002) 0.8%; (2001) -0.2%; (2000) 6.6%.
*Annual real GDP growth: (2006 est.) 4.5%; (2005) 3.0%; (2004) 4.4%; (2003) 1.4%; (2002) 0.8%; (2001) -0.2%; (2000) 6.6%.
*Avg. annual real GDP growth (2000-2005): 3.2%.
*Avg. annual real GDP growth (2000-2005): 3.2%.
*Inflation rate: (2006 est.) 3.4%, (2005) 3.3%; (2004) 5.2%; (2003) 4.0%; (2002) 5.7%; (2001) 4.4%; (2000) 9.0%.
*Inflation rate: (2006 est.) 3.4%, (2005) 3.3%; (2004) 5.2%; (2003) 4.0%; (2002) 5.7%; (2001) 4.4%; (2000) 9.0%.
*Natural resources: Petroleum, silver, copper, gold, lead, zinc, natural gas, timber.
*Natural resources: Petroleum, silver, copper, gold, lead, zinc, natural gas, timber.
*Agriculture (4% of GDP): Products--corn, beans, oilseeds, feed grains, fruit, cotton, coffee, sugarcane, winter vegetables.
*Agriculture (4% of GDP): Products--corn, beans, oilseeds, feed grains, fruit, cotton, coffee, sugarcane, winter vegetables.
*Industry (26% of GDP): Types--manufacturing, energy, construction.
*Industry (26% of GDP): Types--manufacturing, energy, construction, chemicals, iron and steel, petroleum, mining, textiles, clothing, motor vehicles, consumer durables, tourism.
*Oil - production: 3.001 million bbl/day (2009 est.)
*Services (70% of GDP): Types--commerce and tourism (21%), financial services (13%), and transportation and communications (11%).
*Services (70% of GDP): Types--commerce and tourism (21%), financial services (13%), and transportation and communications (11%).
*Trade (Goods): Exports (2005)--$214 billion. Imports (2005)--$222 billion. Exports to U.S. (2005)--$183 billion (86% of total). Imports from U.S. (2005)--$118 billion (53% of total). Major markets--U.S., EU, Canada, Colombia, Japan.
*Trade (Goods): Exports (2005)--$214 billion. Imports (2005)--$222 billion. Exports to U.S. (2005)--$183 billion (86% of total).
*Labor force: 46.99 million (2010 est.)
Imports from U.S. (2005)--$118 billion (53% of total). Major markets--U.S., EU, Canada, Colombia, Japan.
====Trade====
====Trade====