Economic Outlook No 114 - November 2023. : Mexico

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Education and Training
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Environment
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Finance
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Globalisation
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Health
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International Trade and Balance of Payments
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Labour
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    - Table U1. Strictness of employment protection – individual and collective dismissals (regular contracts)
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National Accounts
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Monthly Economic Indicators
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Productivity
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Prices and Purchasing Power Parities
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Public Sector, Taxation and Market Regulation
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Regions and Cities
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Science, Technology and Patents
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Social Protection and Well-being
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    - Gender, Institutions and Development Database (GID-DB) 2019
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  - Burkina Faso SIGI country study
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  - Entrepreneurship
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Transport
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  - Road fatalities by age - extract from the IRTAD database
- Transport Outlook
- India Mobility Model
- Urban access framework
  - Urban access framework

Economic Outlook No 114 - November 2023. : Mexico

This dataset has been migrated to our new data dissemination platform OECD Data Explorer. You can now access it from here

Country
Frequency			Annual
Time			2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025


Variable		Unit
External sectors, trade and payments	Current account balance as a percentage of GDP	Percentage	-1.549	-2.629	-1.881	-2.683	-2.425	-1.861	-2.134	-0.518	2.074	-0.714	-1.324	-0.817	-0.741	-0.910
	Exchange rate, national currency per USD	Mexican Peso	13.150	12.770	13.305	15.874	18.627	18.871	19.178	19.217	21.401	20.223	20.065	17.733	17.477	17.477
	Exchange rate, USD per national currency	US Dollar	0.076	0.078	0.075	0.063	0.054	0.053	0.052	0.052	0.047	0.049	0.050	0.056	0.057	0.057
	Exports of goods and services, volume in USD (national accounts basis)	US Dollar, 2015	350 177 049 164.624	359 637 803 930.215	386 870 405 746.696	414 065 288 687.289	426 765 945 433.213	440 411 867 252.204	469 158 080 595.811	474 620 313 830.916	441 307 629 045.895	473 001 956 331.811	515 573 791 337.138	497 589 698 791.102	512 967 238 071.219	534 278 614 135.255
	Goods and services trade, volume in USD	US Dollar, 2015	365 590 013 613.710	377 235 191 486.375	402 621 131 935.929	426 570 965 059.190	438 483 476 613.498	458 021 464 542.247	485 721 980 043.157	485 738 321 625.468	439 292 417 609.784	488 044 072 652.646	531 745 980 081.938	544 268 345 040.285	568 151 527 252.155	596 390 670 252.332
	Imports of goods and services, volume in USD (national accounts basis)	US Dollar, 2015	381 002 978 062.795	394 832 579 042.534	418 371 858 125.163	439 076 641 431.091	450 201 007 793.783	475 631 061 832.291	502 285 879 490.504	496 856 329 420.020	437 277 206 173.674	503 086 188 973.482	547 918 168 826.738	590 946 991 289.467	623 335 816 433.091	658 502 726 369.409
Expenditure and GDP	Change in inventories, contributions to changes in real GDP	Percentage, 2018	-0.003	0.000	-0.001	-0.001	0.001	0.001	-0.003	0.000	-0.003	0.002	0.000	0.000	0.000	0.000
	Exports of goods and services, volume (national accounts basis)	Mexican Peso, 2018	7 045 608 343 250.000	7 235 959 975 000.000	7 783 883 509 750.000	8 331 048 135 750.000	8 586 587 021 999.990	8 861 144 766 000.000	9 439 522 364 000.000	9 549 423 216 000.000	8 879 167 611 250.000	9 516 861 650 000.000	10 373 412 576 500.000	10 011 570 266 187.500	10 320 968 381 538.300	10 749 756 074 395.700
	Government final consumption expenditure, volume	Mexican Peso, 2018	2 461 687 511 000.000	2 481 439 489 250.000	2 538 877 885 250.000	2 582 897 766 000.000	2 631 514 288 750.000	2 640 794 645 750.000	2 721 397 767 000.000	2 677 375 257 000.000	2 657 768 522 000.000	2 645 718 045 750.000	2 680 686 505 000.000	2 729 109 536 706.360	2 787 410 457 602.890	2 811 118 755 993.520
	Gross capital formation, total, volume	Mexican Peso, 2018	5 545 817 130 750.000	5 336 214 511 750.000	5 436 297 790 750.000	5 658 314 619 000.000	5 717 492 243 250.000	5 705 060 534 750.000	5 676 076 110 000.000	5 435 117 229 000.000	4 432 474 765 500.000	4 885 995 604 000.000	5 300 497 931 750.000	6 240 723 488 403.280	6 595 963 383 732.420	6 842 902 966 719.170
	Gross domestic product, nominal value, market prices	Mexican Peso	16 529 124 024 500.000	16 954 005 681 250.000	18 137 650 608 500.000	19 228 614 670 500.000	20 758 790 505 000.000	22 536 210 256 250.000	24 176 670 375 000.000	25 143 134 200 500.000	24 079 804 339 750.000	26 608 701 424 250.100	29 503 758 304 000.000	31 654 159 535 648.000	33 629 880 744 879.900	35 257 128 109 360.600
	Gross domestic product, volume in USD, at constant purchasing power parities	US Dollar, 2015	2 174 618 937 636.390	2 193 148 899 540.680	2 248 060 161 175.620	2 308 810 017 557.840	2 349 733 518 781.530	2 393 714 151 437.890	2 440 920 160 037.350	2 434 130 770 309.850	2 223 539 833 571.940	2 353 346 298 402.620	2 445 085 184 071.200	2 528 564 578 209.920	2 592 546 781 709.810	2 645 365 486 670.750
	Gross domestic product, volume in USD, constant exchange rates	US Dollar, 2015	1 143 375 527 666.980	1 153 118 248 381.530	1 181 989 602 189.820	1 213 930 784 111.190	1 235 447 625 060.110	1 258 571 850 734.910	1 283 391 921 073.360	1 279 822 182 059.380	1 169 097 254 925.110	1 237 347 159 610.330	1 285 581 815 803.890	1 329 473 779 895.050	1 363 114 471 798.290	1 390 885 596 941.270
	Gross domestic product, volume, market prices	Mexican Peso, 2018	21 539 027 005 750.000	21 722 561 391 000.000	22 266 442 954 250.000	22 868 154 258 500.000	23 273 490 744 250.000	23 709 107 310 500.000	24 176 670 374 750.000	24 109 423 260 250.000	22 023 575 576 749.900	23 309 274 373 500.000	24 217 923 839 250.000	25 044 765 219 897.500	25 678 492 069 793.000	26 201 647 411 114.100
	Gross fixed capital formation, total, volume	Mexican Peso, 2018	5 390 486 779 750.000	5 176 505 386 750.000	5 300 647 346 750.000	5 536 414 433 000.000	5 567 469 606 250.000	5 537 138 022 000.000	5 572 111 527 000.000	5 325 132 973 000.000	4 405 434 124 500.000	4 816 194 014 000.000	5 231 157 093 250.000	6 172 067 049 695.020	6 526 295 714 352.570	6 773 235 297 339.320
	Imports of goods and services, volume (national accounts basis)	Mexican Peso, 2018	7 549 903 019 500.000	7 823 948 505 250.000	8 290 399 647 250.000	8 700 682 807 750.000	8 921 121 733 500.000	9 425 040 214 000.000	9 953 228 443 250.000	9 845 637 220 000.000	8 665 025 444 250.000	9 969 087 266 750.000	10 857 471 661 500.000	11 710 124 935 468.200	12 351 937 474 554.500	13 048 800 162 779.800
	Net exports, contributions to changes in real GDP	Percentage, 2018	0.005	-0.004	0.004	0.006	0.002	-0.010	0.002	0.009	0.021	-0.030	-0.001	-0.050	-0.013	-0.010
	Private final consumption expenditure, volume	Mexican Peso, 2018	14 418 160 062 000.000	14 789 609 384 250.000	15 082 427 060 000.000	15 487 616 587 000.000	15 785 949 024 750.000	16 057 959 721 000.000	16 292 902 580 000.000	16 483 018 394 750.000	14 729 765 163 000.000	15 922 449 306 000.000	16 906 832 066 250.000	17 681 307 987 700.300	18 165 871 679 078.400	18 646 144 958 452.400
Selected variables: ready-made growth rates	Core inflation	Percentage, 2018	3.422	2.722	3.181	2.363	2.970	4.684	3.818	3.705	3.758	4.678	7.582	6.717	4.118	3.152
	Exports of goods and services, volume, growth (national accounts basis)	Percentage, 2018	7.918	2.702	7.572	7.029	3.067	3.198	6.527	1.164	-7.019	7.182	9.000	-3.488	3.090	4.155
	Government final consumption expenditure, volume, growth	Percentage, 2018	2.999	0.802	2.315	1.734	1.882	0.353	3.052	-1.618	-0.732	-0.453	1.322	1.806	2.136	0.851
	Gross domestic product, market prices, deflator, growth	Percentage, 2018	4.542	1.704	4.368	3.225	6.078	6.568	5.204	4.288	4.841	4.407	6.720	3.746	3.620	2.745
	Gross domestic product, nominal value, growth	Percentage	8.257	2.571	6.982	6.015	7.958	8.562	7.279	3.998	-4.229	10.502	10.880	7.289	6.242	4.839
	Gross domestic product, volume, growth	Percentage, 2018	3.553	0.852	2.504	2.702	1.772	1.872	1.972	-0.278	-8.652	5.838	3.898	3.414	2.530	2.037
	Gross fixed capital formation, total, volume, growth	Percentage, 2018	3.734	-3.970	2.398	4.448	0.561	-0.545	0.632	-4.432	-17.271	9.324	8.616	17.987	5.739	3.784
	Headline inflation	Percentage, 2018	4.112	3.806	4.019	2.721	2.822	6.041	4.899	3.636	3.397	5.689	7.896	5.452	3.887	3.152
	Imports of goods and services, volume, growth (national accounts basis)	Percentage, 2018	5.648	3.630	5.962	4.949	2.534	5.649	5.604	-1.081	-11.991	15.050	8.911	7.853	5.481	5.642
	Private final consumption expenditure, volume, growth	Percentage, 2018	2.153	2.576	1.980	2.687	1.926	1.723	1.463	1.167	-10.637	8.097	6.182	4.581	2.741	2.644
Prices and deflators	Consumer price index	Index, 2018	0.788	0.818	0.851	0.874	0.899	0.953	1.000	1.036	1.072	1.133	1.222	1.289	1.339	1.381
	Core inflation index	Index, 2018	0.824	0.846	0.873	0.894	0.920	0.963	1.000	1.037	1.076	1.126	1.212	1.293	1.346	1.389
	Exports of goods and services, deflator (national accounts basis)	Index, 2018	0.740	0.721	0.733	0.788	0.890	0.954	1.000	1.014	1.064	1.137	1.213	1.191	1.209	1.230
	Gross domestic product, market prices, deflator	Index, 2018	0.767	0.780	0.815	0.841	0.892	0.951	1.000	1.043	1.093	1.142	1.218	1.264	1.310	1.346
	Imports of goods and services, deflator (national accounts basis)	Index, 2018	0.716	0.692	0.714	0.801	0.905	0.943	1.000	0.993	1.046	1.138	1.236	1.063	1.072	1.095
	Purchasing power parity, national currency per USD	Mexican Peso	7.859	7.884	8.045	8.328	8.446	8.914	9.276	9.663	10.040	10.402	10.377	10.270	10.355	10.417
Labour markets	Labour force	Persons	50 390 319.000	51 525 308.167	51 992 133.833	52 967 948.167	53 717 772.083	54 219 918.750	55 535 357.417	56 971 168.167	53 034 955.250	57 370 318.333	59 292 109.583	60 766 180.779	62 439 759.687	63 848 390.275
	Total employment (labour force survey basis)	Persons	47 894 102.667	48 986 140.500	49 481 481.750	50 662 341.333	51 631 001.167	52 366 211.750	53 709 756.167	54 996 064.167	50 697 933.500	54 998 526.417	57 352 245.583	59 046 224.573	60 545 208.621	61 864 784.331
	Unemployment rate	Percentage	4.954	4.928	4.829	4.353	3.885	3.419	3.287	3.467	4.407	4.134	3.272	2.830	3.034	3.107
Monetary data	Long-term interest rate on government bonds	Percentage	6.629	6.099	6.350	6.482	6.404	7.137	7.548	7.471	6.272	6.733	8.484	8.440	8.207	8.363
Monetary data	Short-term interest rate	Percentage	4.375	3.813	3.117	3.143	4.339	6.877	7.829	7.933	5.328	4.626	8.246	11.355	10.977	9.100

Data extracted on 16 Apr 2024 05:22 UTC (GMT) from OECD.Stat

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Economic Outlook No 114 - November 2023. : Mexico

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