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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 Retail grew 3.9% and 4.1%, respectively.
Though nearshoring represents a great opportunity for the Mexican economy, it requires an environment that guarantees the reduction of logistic and production costs characterized by legal certainty, financial facilities and economic policies that align the incentives of foreign investors and national actors.
In this release of our Regional Sectoral Outlook is set apart by the change of base year in August 2023 with an updated perspective of the sectoral and regional composition of the Mexican economy. During 2024, the GDP of Finance could grow the …
On October 11, the Mexican government published in the Official Gazette (DOF) a decree granting tax incentives to key sectors of the export industry such as the immediate deduction of the investment in new fixed assets and additional deductions…
Human capital formation faced great challenges prior to the pandemic; conditions are likely to have worsened with COVID-19. It is necessary to prioritize and strengthen the educational system. Without investment in human capital, there can be n…
The country received 18,636 million dollars in FDI in the year's first quarter. It is a good number.
Mexico would face challenges on several fronts in the face of a massive arrival of production from Asia through Nearshoring. The most relevant challenge would be faced by the National Energy System, which would experience a growing and accelerated demand for energy by electricity-intensive industries.
The North American Free Trade Agreement (NAFTA) has increased the relevance of foreign trade in the Mexican economy, and led to a deep structural change of the Mexican economy.
