Lewes, DE -- (SBWire) -- 07/07/2017 --As per International Monetary Fund (IMF) Mexico's real gross domestic product is expected to grow at a CAGR of 2.39% from its 2015 level of MXN 14135.51 billion and reach MXN 16681.78 billion by 2022.
Mexico, officially the United Mexican States, is a federal republic in North America. Mexico is the second largest economy in Latin America. 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.
Mexico had estimated population of 122.273 million in the year 2016 and expected to reach 129.352 million by 2022. Mexico's unemployment rate was 4.304% of total labor force.
Mexico's real gross domestic product (GDP) was around MXN 14460.97 billions in 2016 whereas the nominal GDP was MXN 19522.65 billions. This resulted in GDP deflator 135.002. Per capita GDP was estimated at USD 8554.62 whereas purchasing power parity (PPP) based per capita GDP was estimated to be at USD 18938.32.
In 2016, Mexico government's revenue was MXN 4520.20 billions whereas the expenditure was MXN 5083.01 billions. This resulted Mexican government's net lending / borrowing negative at MXN 562.803 billion in 2016 indicating that enough financial resources were not made available by the government to boost economic growth.
The current account balance for Mexico was estimated to be negative at USD 27.858 billions for the year 2016 and is expected to decline at a CAGR of 1.58% and reach USD 29.836 by 2022. This negative current account balance indicates the Mexico is net borrower from the whole world.
Scope of the Mexico PESTEL Analysis, SWOT Analysis and Risk Analysis Market Research Reports
-These reports provide information about key macroeconomic indicators for Mexico.
-These reports provide PESTELE (political, economic, social, technological, environmental and legal) analysis for Mexico.
-These reports provide SWOT (strengths, weaknesses, opportunities and threats) analysis for Mexico.
-These reports provide risk analysis for Mexico.
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