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General profile: Mexico

GENERAL INFORMATION FOR 2023
Exchange rate
Population
Population
Exchange rates
GDP
GDP
129.740 Millions
..
1 791 790 Millions current US$
Land area¹
Land area
CPI growth (%)
CPI growth
GDP growth
GDP growth
(q) 1 943 950 km²
5.52 %
3.40 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+2.6 %
Merchandise exports growth rate in 2023
Total merchandise trade
(millions of US$)
2005
2010
2015
2023
Merchandise exports
214 207
298 305
380 550
593 005
Merchandise imports
228 240
310 205
405 282
621 476
Merchandise trade balance
-14 033
-11 900
-24 732
-28 471
Export structure by product group in 2023
(as % of total exports)
3 %3 %83 %83 %6 %6 %8 %8 %
Top 5 partners in 2023
(exports, millions of US$)
472 21817 7209 1518 7465 143472 21817 7209 1518 7465 143
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2023
Services exports
19 445
22 111
32 810
(e) 52 251
Services imports
26 353
32 801
44 021
(e) 71 935
Services trade balance
-6 908
-10 690
-11 211
(e) -19 684
Services exports by main category²
(as % of total services)
2005
2010
2015
2023
Transport
14.7
18.8
16.5
(e) 12.0
Travel
60.7
54.2
54.0
(e) 59.0
Other services
(e) 24.6
26.2
28.4
(e) 27.9
TRADE INDICES
More data on UNCTADstat
122116115112117111107103100948888837965717472101991031081051021031031009898100101105106100102100
ECONOMIC TRENDS
More data on UNCTADstat
+3.4 %
Gross domestic product growth rate in 2023
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2023
GDP, current
917 572
1 105 424
1 213 294
1 791 790
GDP per capita, current US$
8 672
9 729
10 021
13 811
Real GDP growth, y-on-y, %
2.11
4.97
2.70
3.40
Current account balance, % of GDP
-0.62
-0.34
-2.60
-0.30
Exchange rate (/US$)
10.898
12.636
15.848
..
GDP by expenditure in 2022
(as % of total GDP)
70.611.022.742.845.770.611.022.742.845.7
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+0.4 %
FDI outflows as % of GDP in 2023
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2023
FDI inflows
25 795.65
27 189.28
35 943.84
36 058.04
FDI outflows
6 468.99
14 559.98
10 672.28
6 429.45
Personal remittances, % of GDP
..
2.09
2.24
..
Financial flows trends
(millions of US$)
61 099.654 130.342 878.339 021.835 768.432 270.528 691.026 233.224 802.123 188.823 208.623 445.722 080.322 075.726 041.526 879.936 05836 31231 82928 21134 61734 10134 01731 18935 94430 35148 35421 76925 63327 18917 85029 50232 39321 23225 79625 01418 26924 09830 05618 247FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators²
(as % and index)
2005
2010
2015
2023
Balance, % of GDP
-1.61
-1.74
-2.47
(e) -1.67
Balance, % of imports
-5.94
-5.74
-6.81
(e) -4.47
Normalized balance
-0.031
-0.030
-0.035
(e) -0.023
Trade openness²
(sum of imports and exports as % of GDP)
73888377778077757064626461595457555453
LIVING AREA
Population by living area in 2023
(% of population)
Urban 82%Urban 82%Rural 18%Rural 18%
OTHER INDICATORS
More data on UNCTADstat
0.092 %
Share of the total world merchant fleet in 2023
Maritime transport indicators
 
2005
2010
2015
2023
Merchant fleet, national flag (thousands of DWT)
1 325
1 776
1 938
2 104
Container port throughput (TEU)
..
3 704 765
5 421 307
..
Information economy indicators
(as % of)
2005
2010
2015
2023
Share of ICT goods, % of total exports
17.99
20.17
16.02
..
Share of ICT goods, % of total imports
17.14
19.23
16.35
..
Share of workforce involved in the ICT sector
..
..
..
..
Source: UN Trade and Development, UNCTADstat (https://unctadstat.unctad.org/datacentre)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
e
Estimated.
q
Estimated. Data refers to 2020.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
No value reported or collected
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on the UNCTAD Data Hub do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in the UNCTAD Data Hub.
Generation date: 11 October 2024