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Summary of Country Report

Mexico - June 2011

 Map of Mexico


Potential US slowdown and escalating domestic violence could hurt the rebound

  • The rebound continued into Q1 of 2011, and GDP is forecast to grow about 5% this year.
  • However, in the long-term stronger growth will be hampered by lacking structural reforms and corruption.
  • Solvency and liquidity situation remain stable. Current account deficits are easily financed by FDI.
  • Biggest economic risks: slowdown of still fragile US rebound and further escalating domestic violence.

 

Real GDP growth (%)

Chart: Mexico Real GDP Growth (%)

Source: EIU / IMF

Fiscal balance (% of GDP)

Chart: Mexico Fiscal Balance (% of GDP)

 Source: EIU / IMF

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report on Mexico

 
General Information

Capital: Mexico City
Government type: Federal Republic
Currency: Mexican peso (MXN)
Population: 111.3 million
Status: Upper middle income country
(GDP/capita: US$10,509 in 2010)
 
Main import sources (2010)

  • USA: 48.1%
  • China: 15.1%
  • Japan: 5.0%
  • South Korea: 4.2%
  • Germany: 3.9%

Main export markets (2010)

  • USA: 80.0%
  • Canada: 3.6%
  • China: 1.4%
  • Spain: 1.3%
  • Brazil: 1.3%

 _________________
Date: June 2011

 

 

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