Published on Wednesday, April 19, 2023 | Updated on Thursday, April 27, 2023

Mexico | Regional Sectorial Outlook. First half 2023

Economic growth through 2023 will be modest and driven by services. A drop in the secondary sector (mainly via Manufacturing) is anticipated due to the slowdown in the economy. Tourist entities lead growth.

Key points

  • Key points:
  • In 2023 economic growth in most sectors will be lower than last year, but driven positively by services. Manufacturing and Transport will lack dynamism.
  • At least 15 regions will be recovered by the end of 2022. Exporting industrial and tourist entities lead the recovery.
  • In 2020, Mexican households increased their savings rate by 30.27%, as a result of sanitary restrictions and precautionary behavior.
  • Recent FDI flows suggest that Mexico is not taking full advantage of the nearshoring opportunity.

Documents to download


New comment

Be the first to add a comment.

Load more

You may also be interested in