|
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 (%)
Source: EIU / IMF
Fiscal balance (% of GDP)
Source: EIU / IMF
 Download full country 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
|
Mexico
