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Main article: Mexico
GDP
Main article: Mexico's GDP
Financial system
Non-financial debt
2022: Aggregate non-financial debt
Inflation
2022: Inflation in November - 8.4%
Power
2020: Very low energy consumption per capita
and2019: Structure and dynamics of power generation capacity increase
Mining
World leader in silver mining
Copper mining
Main article: Copper mining and production
Lithium mining
Main Article: Lithium (Global Market)
The "triangle" of South America and Mexico as of April 2022 accounts for 60% of the world's deposits.
2023: Creation of state-owned company LitioMx
In 2023, the state-owned company LitioMx should be created to extract lithium.
2022: Mexico puts all lithium reserves under state control
On April 19, 2022, the plenum of the upper house of the Mexican Congress approved, in general, a reform of the mining law, establishing lithium as a national treasure and transferring to the state the exclusive rights to its exploration, development and industrial use.
The draft reform, which was initiated by the country's president, Andrés Manuel López Obrador, identifies lithium exploration, mining and use as an industry of national importance where private companies are not granted any concessions, licenses, contracts or permits.
Oil production
Industry
2023: Industrial Parks Map
Agriculture
2021: Share of farmland - 55%
2019: Low use of pesticides in agriculture
Equestrian industry
Transport
2024: The operation of 13 airports in Mexico is paralyzed by a ransomware virus attack. Hackers demand ransom
In late October 2024, hackers attacked a service operator at 13 airports across Mexico, paralyzing its electronic systems. Grupo Aeroportuario del Centro Norte had to turn to backup systems to continue operations at airports in central and northern Mexico, serving more than 19 million passengers a year. Read more here.
Trade
2023: Mexico formally bypasses China to become largest U.S. trading partner
Main article: US Foreign Trade
China is circumventing American languid tariffs by shipping more goods through Mexico.
The data suggests difficulties for the U.S. in displacing Chinese exporters from American supply chains.
The share of imports of goods from Mexico to the United States rose in July 2023 to 15%, the highest in 30 years. Mexico has become the largest importer in the US for the first time in a long time, overtaking China.
Billions of dollars are pouring into America's southern neighbor.
2022: US is the biggest export destination
2021: Online sales share 12.4% of total retail sales
2019
Exporting Computer Devices
The Impact of the Trump Administration's Trade Restrictions
Tourism
2022: Reduced number of foreign tourists to 38 million
2020:35 UNESCO-protected World Heritage Sites
2019: How much Mexico is dependent on tourism:% of industry in GDP
2018: Mexico is among the top countries in terms of tourism revenue
IT market
Proportion of residents without a smartphone
R&D
2020: R&D spending - $11.6 billion
Alcohol market
Tequila production
Main article: Tequila production in Mexico
2021: Mexico is the 5th country in the world in terms of beer consumption
Labour market
2022: Proportion of workers aged 65 or over - above 20%
Unemployment
2023: Youth unemployment - 5.2%
2020: Unemployment rate - 5.2%
Incomes of the population
2023: Minimum wage - $315
Pensions
2020: Average retirement age for women is 62, for men it is 66
Consumption
2023
Twelfth place in the world in the number of cars sold - 1.4 million units
Poultry meat is the most consumed type of meat
2022: Cut vegetarian share to 2.4%
2018: Minimum age to purchase alcoholic beverages - 18 years
See also