Mexico is a country located in North America with a North Pacific Ocean, Gulf of Mexico, and Caribbean Sea coastline. Neighboring countries include Belize, United States, and Guatemala. Mexico is crossed by two mountain ranges known as Sierra Madre Oriental and Sierra Madre Occidental, which are the extension of the Rocky Mountains from northern North America. The government system is a federal republic; the chief of state and head of government is the president. Mexico has a A market in which prices of goods and services are affected ...<A situation in which businesses operate in a free market, i.... in which the prices of goods and services are determined in a free The amount of money required to purchase something or to bri... system. Mexico is a member of the Asia-Pacific Economic Cooperation (APEC), the North American Free An agreement, usually between countries, to limit or change ... (NAFTA), and the Trans-Pacific A business which is owned by two or more people, all sharing... (TPP).
The Mexican The management of money, currency and trade of a nation. The... continued to expand at a moderate annual rate of growth of 2.5 percent during 2015. Private consumption became the main driving force of economic activity on the back of stronger job creation, real wage growth, and An arrangement in which an item for sale is received by the ... expansion. In contrast, the expansion of Money or capital that is invested in a business or in an acc... activity has slowed down, including due to public spending adjustments.
Although the The management of money, currency and trade of a nation. The... experienced stronger growth in 2014-15 as a result of increased Money or capital that is invested in a business or in an acc... and stronger demand for Mexican exports, growth is predicted to remain below potential given falling oil production, weak oil prices, structural issues such as low The rate at which goods are produced based on how long it ta..., high inequality, a large informal sector employing over half of the workforce, weak rule of law, and Lack of honesty or integrity. Illegal behaviour, such as bri.... Over the medium-term, the The management of money, currency and trade of a nation. The... is vulnerable to global economic pressures, such as lower external demand, rising interest rates, and low oil prices – approximately 20% of government revenue comes from the state-owned oil company, PEMEX. The increasing integration of supply chains, development of energy sectors, and government-to-government focus on The buying and selling or exchange of goods and services. Th... facilitation will continue to make the North American region increasingly competitive and contribute to Mexican economic development and strength.
- Country ISO3 : MEX
- Country Code : 484
- Income Group : Upper Middle Income
- Lending Category : IBRD
- Region : Latin America & Caribbean
- Currency Unit: Mexican peso
- WTO Member : Yes
- The buying and selling or exchange of goods and services. Th... organisations : APEC, NAFTA, OECD and WTO
- world rank : 62
- Regional Ranking : 3rd in North America