Mexico Country profile


January 2019

Mexico is Latin America’s second largest economy behind Brazil. It outperforms its regional peers on measures creditworthiness and business climate. Economic growth and per capita incomes are broadly in line with the regional average. Growing aversion to free trade in the US, which includes trade with Mexico, poses significant risks to the Mexican economy over the coming years.

This chart is a cobweb diagram showing how a country measures up on four important dimensions of economic performance—per capita income, annual GDP growth, business climate and creditworthiness. Per capita income is in current US dollars between 2018 and 2023 as provided by the IMF. Annual GDP growth is the average between 2018 and 2023. Business climate is measured by the World Bank’s Ease of Doing Business ranking of 190 countries. Creditworthiness attempts to measure a country's ability to honour its external debt obligations and is measured by its OECD country credit risk rating. The chart shows not only how a country performs on the four dimensions, but how it measures up against other comparable countries.