Following world war ii, mexico s government focused primarily on economic growth, and, in the 1970s, the country became a large producer of petroleum. Mexico economy, politics and gdp growth summary the. Map of mexico political map of mexico the map shows mexico and surrounding countries with international borders, the location of the national capital mexico city, governorate capitals, major cities, main roads, railroads, and major airports. Radars ability to penetrate clouds and make 3d measurements allowed scientists to generate the. From the list below, select a county to view an economic analysis of its region. In the first quarter of 2020, the economy contracted for the fourth quarter in a row and at the steepest pace since q4 2009, according to a preliminary gdp estimate released by the statistical institute inegi on 30 april. Mexico economy gdp, inflation, cpi and interest rate. Currently, the economy of mexico is the 15th largest in the world. Oil and gas production, tourism, and federal government spending are important drivers of new mexico s economy. Mexico is the united states secondlargest export market after canada and thirdlargest trading partner after canada and china.
Texas papers on latin america prepublication working papers of the institute of latin american studies university of texas at austin issn 08923507 the outlook for the mexican economy victor l. Mexico s agricultural history stretches back thousands of years, and today farming continues to help shape the countrys environment, economy and culture. The major economic areas which were created by commission staff are an aggregation of beas into 52 regions, including the gulf of mexico 52. Mexico special economic zones in 2015, given the adverse global economic conditions, during his annual governmental report, president enrique pena nieto proposed a series of measures to incentivize an oildependent slowgrowing economy. The economy the main sectors of the mexican economy are services, manufacturing, commerce, agriculture, mining, energy production, and the financial industry. With a population of almost million, a rich cultural history and diversity. Economy mexico city remains the economic engine of the country even though some industries have been encouraged to move to other areas to reduce pollution and curb growth. The world bank classifies economies for analytical purposes into four income groups.
Outline map of south america outline map of southeast asia outline map of u. You can explore the connections for each case by clicking on the icon on the top left of the map. Leftleaning antiestablishment politician and former mayor of mexico city 200005 andres manuel lopez obrador, from the national regeneration movement morena, became president in december 2018. Between 2001 and 2008, the economy grew at a small but steady pace. Atlas of mexico 1975 bureau of business research, university of texas at austin. The global economic crisis of 2008 resulted in a gdp decline of more than 6%. Future job growth over the next ten years is predicted to be 34. This page provides forecast and historical data, charts, statistics, news and updates for mexico population. Mexico was not significantly influenced by the 2002 south american crisis, and maintained positive. In the 1980s though, falling oil prices caused mexico s economy to decline, and, as a result, it entered into several agreements with the u.
When you have eliminated the javascript, whatever remains must be an empty page. Mexico is the second largest economy in latin america. Mexican border outline map of the western hemisphere outline map of africa outline map of australia outline map of europe outline map of latin america outline map of mexico outline map of the middle east outline map of the pacific rim outline map of south central asia. Mexico shaded relief 1997 315k and pdf format 354k.
Mexicos economy posted solid growth in second quarter 2017, although gross domestic product gdp growth ticked down slightly from the first quarter, according to the governments advance estimate. Revised data shows mexico s economy contracted by about 0. The global financial crisis in late 2008 caused a massive economic downturn in mexico the following year, although growth returned quickly in 2010. Oec mexico mex exports, imports, and trade partners.
The economic and trade relationship with mexico is of interest to u. Mexico pdf maps free printable maps of mexico in pdf format, illustrating the area of mexico and its surroundings. Top 10 things to know about the mexican economy world. Program lecture university of texas at austin apri 1 1987 paper no. According to the imf, mexico s gdp purchasing power parity is the second largest in latin america and 11 th largest in the world.
An analysis of statedirected tourism initiatives in a developing nation a thesis submitted to the faculty of the graduate school of arts and sciences of georgetown university in partial fulfillment of the requirements for the degree of master of arts in development management and policy by. I then examine the economic consequences of the mexican revolution down. Mexico is the 9th largest export economy in the world and the 21st most complex economy according to the economic complexity index eci. It also exports silver, fruits, vegetables, coffee, and cotton. Bordo poniente was a 927acre landfill held, that released about 72. The economy of mexico is a developing market economy. The purchasing managers index pmi is a monthly survey of industry that is a realtime snapshot of economic conditions. Aug 12, 2019 currently, the economy of mexico is the 15th largest in the world. Mexicos economy has not been this weak since tequila crisis. Mexico economy continues expanding in second quarter. In an effort to discover alternative ways of disposal, mayor marcelo ebrard has closed down bordo poniente, a massive landfill in the city, to develop a composting plant.
Per capita income is roughly onethird that of the us. Mexicos economy grew solidly in the first quarter despite higher inflation, interest rates and uncertainty over trade relations. You are free to use above map for educational purposes. Elsewhere, fences start and stop with huge gaps in between. Here are 11 surprising facts about mexico s economy.
This document and any map included herein are without prejudice to the status of or sovereignty. Due to persistent cloud cover, obtaining conventional highaltitude photos of this region is extrordinarily difficult. Free printable maps of mexico in pdf format, illustrating the area of mexico and its surroundings. Mckinsey mexico opened its doors in 1970 with a team of professionals with. Permian basin the permian basin of west texas and southeast new mexico has produced hydrocarbons for about 100 years and supplied more than 33. The economy in mexico is among the largest in the world. According to the imf, mexicos gdp purchasing power parity is the second largest in latin america and 11 th largest in the world. Interactive map of the yucatan peninsula campeche, yucatan and quintana roo interactive map of pacific coast beaches. Dollar values in the tens of millions or millions are much less significant relative to the total economy.
Click on the coloured dots on the map for more information about each one. This document and any map included herein are without prejudice to the status of or. Since the north american free trade agreement nafta took effect in 1994, mexico has increased their manufacturing capabilities substantially to become a. Since the 1994 crisis, administrations have improved the countrys macroeconomic fundamentals. Map of world poverty by country, showing percentage of population living on. Mexico maps mexico, map of mexico, landforms of mexico. One of these measures included the creation of special economic zones in the mexican southeast. Mexico citys composting project mexico city generates 12,600 tons of trash on a daily basis.
Meanwhile, carlos slim, mexico s richest man and the sixth richest person in the world, has a net worth equal to 5% of mexico s entire gdp. It is the 15th largest in the world in nominal terms and the 11th largest by purchasing power parity, according to the international monetary fund. The report includes countryspecific threeyear forecasts for major macroeconomic indicators, including commodity and financial markets. Still, he faces a challenging economic outlook owing to weak investor confidence in his administration and the financial health of pemex, the state oil company.
This map shows the blue economy connections for cases 101 110. Mexico has, in all, about 7 percent of the worlds proven oil reserves. The map shows the rank order of states for doing business, from green the best to red the lowest ranking. Browse the most comprehensive and uptodate online directory of administrative regions in mexico. Mexicos economy in the colonial period was based on resource extraction mainly silver, on agriculture and ranching, and on trade, with manufacturing playing a minor role. This overview is extracted from the 2016 economic survey of mexico. Thousands of miles of beaches and the coastal resort cities of acapulco, cancun and puerto vallarta, as well as cozumel and the baja peninsula, have transformed mexico into one of the most popular tourist destinations on the planet. Kpmg economics, ihs markit, haver analytics feb 2020 note. The region is the national leader in all professional services. Pdf estimation of mexicos informal economy and remittances.
Tourism and other service industries form the fastestgrowing sector of the economy, contributing about half of the gdp. This policy was put in place by president reagan in 1984, but. On january 22, 2020, the secretariat of health issued a statement saying that the novel coronavirus covid19 did not present a danger to mexico. In the past three decades, mexico has aggressively reformed its economy, opening to foreign trade and. At the sime time, many traditional methods are still used in rural farming. Please note that some of these maps are large in file size. In the immediate postconquest period 152140, the dense indigenous and hierarchically organized central mexican peoples were a potential ready labor supply and. In recent years, mexico has begun using modern technologies in both industry and agriculture.
Dollar values in the billions or hundreds of millions are big. State government has an elaborate system of tax credits and technical assistance to promote job growth and business investment, especially in new technologies. In the immediate postconquest period 152140, the dense indigenous and hierarchically organized central mexican peoples were a potential ready labor supply and producers of tribute goods. Economy contracts at steepest rate since 2009 global financial crisis in q1. The border fence begins in texas, but its miles inland from the borders edge at the gulf of mexico. Map adobe pdf data mapinfo interchange format and mapinfo native table. Since the north american free trade agreement nafta took effect in 1994, mexico has increased their manufacturing capabilities substantially to become a key supplier for the u.
The mckinsey global institute mgi, the business and economics research. Foreign trade is a larger percentage of mexico s economy than any other large country. The world bank group engagement with the country is structured around a model that provides development solutions adapted to the country, with an integral package of financial, knowledge and convening services. Infoplease is the worlds largest free reference site. Mar 03, 2014 nafta affect on mexican economy advantage nafta helped mexican manufacturers adapt to u.
Get an overview of population, income, jobs, wages and education trends of in each of texas. Gni per capita 2009, atlas method and ppp, world bank pdf. For this purpose it uses gross national income gni per capita data in u. Mexico, country of southern north america and the third largest country in latin america. The largest fields are in the coastal waters and mainland of the gulf of mexico. More than half of the countrys total land area is used in agriculture, with crop production accounting for % of the total national territory. The size is listed in megabytes mb for larger maps or in kilobytes kb for smaller maps. This country of contrasts is a tourism mecca with remnants of its many ancient cultures spread across the land. This overview is extracted from the economic survey of mexico. The 2018 texas regional report has been compiled from an analysis of the 12 comptroller economic regions. Satellite radar topography image of a portion of central america.
We have been geolocating most important world news related to mexico since november 2005. While the economy of most northern mexico states grew at a respectable. Major economic areas delineated by the federal communications commission, 62 fr 9636 march 3, 1997. Economy in mexico mexico economy economy of mexico. Media in category economy of mexico the following 56 files are in this category, out of 56 total. See the relief map below for the principal physical features of mexico.
The fundamental inequality of mexico s political and economic system breeds growing discontent, which will lead to revolution. Mexico s economy in the colonial period was based on resource extraction mainly silver, on agriculture and ranching, and on trade, with manufacturing playing a minor role. This document and any map included herein are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area. It is one of the chief economic and political forces in latin america, with a dynamic industrial base, vast mineral resources, a wideranging service sector, and the worlds largest population of spanish speakers.