Nation: Mexico

Mexico’s Economy

BY: Jonas,
Lixandra, and
 Mexico’s Economic info.
Has underperformed growth targets for three decades, yet somehow still the second- largest
economy in Latin America and Fourth-largest in the Americas, with a nominal GDP of over USD
1.5 trillion

currently strengthening following a Covid-19-induced slowdown. GDP

growth is supported by a rebound in domestic demand, a recovery in the
services sector, and continued manufacturing sector growth.
 Mexico’s Economic History
(2000)
economy growth Stable
decline stage

Economy was cushioned after a economy decline in 1995, which

had made private consumptions become the leading driver of
growth, accompanied by higher wages and increased
employment.
Mexico: Business
cycle
currently in a board
based expansion!
0
*growth is expected to

o
xic
1
be 3.2% by the middle

me
of 2024* growing little
by little while trying to
be a developed country
instead of a developing
country like other low
income countries.
Mexico’s Biggest Economic Challenge
Poverty rates and regional inequalities remaining
high corruption has hindered productivity growth.

01
Low female participation rates and weak
investments since 2015 have also impacted

02
Mexico.
 My solutions for fixing them

improve quality of homes medical care

run more government

systems that would
decrease corruption

healthy foods better education

What actions should the government take?
Social spend universal pension
for the elderly per beneficiary
household.

Have better quality of water, basic

healthcare, prevent child marrige, improve

intuition, and support environmental

Source cited page
https://www.cia.gov/the-world-factbook/