Tax revenue was MXN 8,922 million (0.03% of GDP) below budget since the excise taxes on fuels intake was below budget despite its real annual increment of 195.1% in 1Q24.
- Geography Tags
- Mexico
- Topic Tags
- Country Risk
- Types of files Downloads:
- Files
BBVA Research
Our featured publications
Publications by geography
Filter all of our publications to find the ones about the geography you are most interested in.
Advanced filter
Filter all of our publications to find the ones you are most interested in by content language, date, geography and/or topic.
The production of liquid hydrocarbons of Pemex Exploration and Production (PEP) in the first quarter of 2024 vs. the previous quarter showed a decrement of 36 thousand barrels a day mainly due to a lower production of superlight crude oil plus condensates by 29 thousand barrels a day.
- Geography Tags
- Mexico
- Topic Tags
- Energy and Commodities
- Types of files Downloads:
- Files
By the end of 2023, the Mexican economy grew at an annual rate of 3.2%, with an extraordinary growth of 15.6% in construction and differentiated effects at the regional level. The dynamism of services underpins growth in 2023; Wholesale and Ret…
- Geography Tags
- Mexico
- Topic Tags
- Regional Analysis Mexico
- ...
- Topic Tags
- Energy and Commodities
- Automotive Industry
- Types of files Downloads:
- Files
At the end of 2023 we find opposite results in the Real Estate market. Construction presents historical results, growth rates well above the average in different indicators. The housing market is contracting with figures as of November 2023. In…
- Geography Tags
- Mexico
- Topic Tags
- Regional Analysis Mexico
- ...
- Topic Tags
- Real Estate
- Global Economy
- Types of files Downloads:
- Files
Our most recent publications
Publications by geography
Filter all of our publications to find the ones about the geography you are most interested in.
Advanced filter
Filter all of our publications to find the ones you are most interested in by content language, date, geography and/or topic.
We summarize China’s Balance of Payments situation in 2023 post-pandemic time and compare it with the pandemic time; we also predict its trend in 2024.
- Topic Tags
- Regional Analysis China
- Global Economy
- Types of files Downloads:
- Files
FDI in Energy between 2006 to 2023, presented peak levels between 2013 to 2018, with 55.3% of investment in this period which coincide to regulatory changes that allowed private participation. The same has plummeted between 2019 and 2023, being 50.1% lower if compared against the period from 2013 to 2017.
- Geography Tags
- Mexico
- Latin America
- Topic Tags
- Energy and Commodities
- Regional Analysis Mexico
- Types of files Downloads:
- Files
We present a summary and analysis of the most relevant developments and publications in Mexico's financial regulatory landscape.
- Geography Tags
- Mexico
- Topic Tags
- Banks
- Central Banks
- ...
- Types of files Downloads:
- Files
The employment resumes growth in April (2.5% year-on-year); this rebound in employment is explained by the negative impact of the previous month's Easter week. A change in the employment creation trend is not anticipated but rather seen as a te…
- Geography Tags
- Mexico
- Topic Tags
- Global Economy
- Types of files Downloads:
- Files
Spain's positive growth differential with the EU is good news, but it can be exhausted and is not enough to reduce the gap between GDP per capita and productivity, which is the only engine capable of generating sustained growth.
- Geography Tags
- Spain
- Topic Tags
- Regional Analysis Spain
- Types of files Downloads:
- Files
