Gdp per capita mexico

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Additional Information. Distribution of the workforce across economic sectors in Mexico Skip to main content. The statistic depicts Mexico's gross domestic product GDP per capita from to , with projections up until The GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator for the economic strength of a country. In , Mexico's GDP per capita amounted to approximately 8,

Gdp per capita mexico

The economy of Mexico is a developing mixed-market economy. Mexico was not significantly influenced by the South American crisis , and maintained positive, although low, rates of growth after a brief period of stagnation in The Mexican economy has maintained high levels of macroeconomic stability, which has reduced inflation and interest rates to record lows. In spite of this, significant gaps persist between the urban and the rural population, the northern and southern states, and the rich and the poor. Tax revenues, altogether Productivity growth has been limited by the lack of formality, financial exclusion, and corruption. The medium term growth prospects were also affected by a lower proportion of women in the workforce, and investment has not been strong since The economy contains rapidly developing modern industrial and service sectors, with increasing private ownership. Recent administrations have expanded competition in ports, railroads, telecommunications, electricity generation , natural gas distribution and airports, with the aim of upgrading infrastructure. Mexico's labor force consisted of

Food processing beer soft drinks autocomponents automobiles electronics chemicals iron steel petroleum mining textiles clothing motor vehicles consumer durables tourism.

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Gdp per capita mexico

Additional Information. Skip to main content. The statistic depicts Mexico's gross domestic product GDP per capita from to , with projections up until The GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator for the economic strength of a country. In , Mexico's GDP per capita amounted to approximately 8, For further information, see Mexico's GDP.

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JSTOR Customers Investors Careers About us Contact. Prior to NAFTA maquiladora companies importing raw materials from anywhere in the world were given preferential tariff rates by the Mexican government so long as the finished good was for export. Retrieved August 9, Article Talk. The most important statistics. Harvard School of Public Health. Read Edit View history. Mexico is primarily an export-oriented economy and has seen constant growth in regards to the export of goods every year over the past decade, with the exception of However, underemployment is estimated at 25 percent. Archived from the original on July 9, The deficit was financed through tesobonos a type of public debt instrument that reassured payment in dollars.

Additional Information. The source provides the following additional information: 'GNI per capita is the gross national income, converted to U. GNI is the sum of value added by all resident producers plus any product taxes less subsidies not included in the valuation of output plus net receipts of primary income compensation of employees and property income from abroad.

Some experts including analysts at Goldman Sachs who coined the term BRIC in reference to the growing economies of Brazil, Russia, India, and China for marketing purposes believe that Mexico is going to be the 5th or 6th biggest economy in the world by the year , behind China , United States, India , Brazil, and possibly Russia. Statista Inc.. A wave of acquisitions has left Mexico's financial sector in foreign hands. Beside this the textile industry gain hype with this agreement and the textile industry in Mexico gained open access to the American market, promoting exports to the United States. GDP from Construction. One peso is divided into centavos cents. NAFTA allows for a wide list of professions, most of which require at least a bachelor's degree, for which a Mexican or a Canadian citizen can request TN status and temporarily immigrate to the United States. Retrieved December 20, Pay per hours worked remains low. Archived from the original PDF on November 5, International Distribution of the workforce across economic sectors in Mexico Archived from the original on May 25, Archived from the original on May 9, Archived from the original on April 1, December 12,