The information on this page was current at the time it was published. Regulations, trends, statistics, and other information are constantly changing. While we strive to update our Knowledge Base, we strongly suggest you use these pages as a general guide and be sure to verify any regulations, statistics, guidelines, or other information that are important to your efforts.
| Mexico Unemployment Rate: The national rate of unemployment is 2.8% (Dec,2023) |
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| Mexico Employment Rate: The employment rate in the Mexico is 60.6% (Dec,2023) |
| Mexico Labor Force: Mexico Labour Force Participation Rate dropped to 60.4 % (Sep,2023) |
| Mexico GDP: $2.67 trillion (Dec,2023) |
| Mexico GDP Per Capita: 10934.885 USD (Dec,2022) |
| Mexico Inflation Rate: 4.7 % |
| Mexico Ease of Doing Business Ranking: 60 of 190 (2019 est.) |
| Mexico Major Industries and Sectors: Mexico has a diverse economy with several major industries contributing to its GDP and employment. Some of the key industries in Mexico include: Manufacturing, Automotive, Agriculture-Oil, Gas-Telecommunications and Information Technology. |
| Mexico Internet Penetration Rate: Mexico internet penetration rate stood at 78.6 percent of the total population (2023) |
| Mexico Minimum wage: 248.93 MXN per day, while in the Northern Border Free Zone it is 374.89 MXN per day. |
| Mexico Corruption Perception Index: According to the CPI 2023, Mexico scored 31 out of 100 points, which indicates a perception of high levels of corruption in the country’s public sector. |
| Labor Union Presence and Activity in Mexico: Labor unions in Mexico are a prominent force in advocating for workers’ rights and better labor conditions. While historically many have been affiliated with political parties or the government, there’s been a rise in independent unions striving for autonomy. |
| Age Structure in Mexico: In 2022, around 24.51 percent of Mexico’s population were between 0 and 14 years of age, around 67.17 percent between the ages of 15 and 64, and about 8.32 percent were 65 years or older. |
| Mexico Birth rate: 16.069 births/1,000 population(2023 est.) |
| Mexico Death rate: 7.1 deaths/1,000 population (2023 est.) |
| Mexico Sex ratio: 0.973male(s)/female (2023 est.) |
| Life Expectancy in Mexico: Life expectancy at birth in 2023 was 75.0 years. |
| Alcohol Consumption in Mexico: Authorities in Mexico estimate that each person consumes around 4.4 liters of pure alcohol per year, which is equivalent to more than 270 cans of beer or 110 shots of tequila. 7 out of 10 people in Mexico have consumed alcohol at some time in their life, 3 out of 10 report having heavy alcohol consumption |
| Mexico Export Partners: Mexico is heavily dependent on commercial relations with its main trading partner – the United States – which accounts for more than three-quarters of the country’s exports (78.1% in 2022). Other destinations for Mexican exports include Canada (2.7%), China (1.9%), Germany (1.4%), Brazil and Japan (0.9% each). (2022 est.) |
| Mexico Export Commodities: Major exports are machinery and transport equipment, steel, electrical equipment, chemicals, food products, and petroleum and petroleum products. |
| Mexico Import Partners: The main origins include the U.S. (43.8%), China (19.6%), South Korea (3.7%), Germany (3.1%), and Japan (3%). (2022 est.) |
| Mexico Import Commodities: Top 10 import commodities in 2022 included petroleum oils (6.9%), Parts and accessories of the motor vehicles (4.87%), Electronic integrated circuits (4.35%), Petroleum gasses and other gaseous hydrocarbons (2.86%), Electrical apparatus (2.73%), Parts and accessories of machines (2.32%), Organic chemicals (2.19%), Articles of iron or steel (2.1%), Automatic data processing machines (1.95%), Motor cars and other motor vehicles (1.82%) |
| Electricity Access in Mexico: Total population: 100% (2022) |
| Airports in Mexico: The Ministry of Infrastructure, Communications and Transport (SICT) and the Federal Civil Aviation Agency indicate that as of January 2022, 77 airports were registered in the country. |
| Railways in Mexico: In January 2022, Mexico had a total of approximately 26,054 kilometers (16,201 miles) of railways, according to data from the World Bank. |
| Heliports in Mexico: There are 545 heliports on record in Mexico. |
| Major Mexico Seaports: The National Port System of Mexico has 102 ports and 15 out-of-port terminals that connect the country’s companies with 145 countries. The National Port System of Mexico consists of five main seaports in terms of tonnage capacity: Port of Manzanillo,Port of Lázaro Cárdenas,Port of Veracruz,Port of Altamira and Port of Ensenada. |
References
- Mexico: alcohol consumption per capita 2014-2029 | Statista
- How many airports does Mexico have and which are the most important – Infobae
- Major Sea Ports in Mexico | Ventus Global Logistics
- Heliports – The World Factbook
- Mexico: households with electricity access by state | Statista
- <a href=’https://www.tradeimex.in/mexico-import#:~:text=Based%20on%20Mexico’s%20import%20data,and%20accessories%20of%20machines%20(2.32′>Mexico Import Data | Mexico Customs Data | TradeImeX
- Mexican foreign trade in figures – Santandertrade.com
- Life expectancy at birth, total (years) – Mexico | Data
- Mexico Life Expectancy 1950-2024 | MacroTrends
- The State of Labor Unions in Mexico: A Comprehensive Analysis
- Corruption perception index in Mexico 2022 | Statista
- Mexico Increases the Minimum Wage | Littler Mendelson P.C.