{ "Introduction": { "Background": { "text": "
Mexico was the site of several advanced Amerindian civilizations -- including the Olmec, Toltec, Teotihuacan, Zapotec, Maya, and Aztec -- until Spain conquered and colonized the area in the early 16th century. Administered as the Viceroyalty of New Spain for three centuries, it achieved independence early in the 19th century. Elections held in 2000 marked the first time since Mexican Revolution in 1910 that an opposition candidate -- Vicente FOX of the National Action Party (PAN) -- defeated the party in government, the Institutional Revolutionary Party (PRI). He was succeeded in 2006 by another PAN candidate Felipe CALDERON, but Enrique PEÑA NIETO regained the presidency for the PRI in 2012. Left-leaning anti-establishment politician and former mayor of Mexico City (2000-05) Andrés Manuel LÓPEZ OBRADOR, from the National Regeneration Movement (MORENA), became president in 2018.
The US-Mexico-Canada Agreement (USMCA, or T-MEC by its Spanish acronym) entered into force in 2020 and replaced its predecessor, the North American Free Trade Agreement (NAFTA). Mexico amended its constitution in 2019 to facilitate the implementation of the labor components of USMCA.
Mexico is currently the US's second-largest goods trading partner, after Canada. Ongoing economic and social concerns include low real wages, high underemployment, inequitable income distribution, and few advancement opportunities, particularly for the largely indigenous population in the impoverished southern states. Since 2007, Mexico's powerful transnational criminal organizations have engaged in a struggle to control criminal markets, resulting in tens of thousands of drug-related homicides and forced disappearances.
" } }, "Geography": { "Location": { "text": "North America, bordering the Caribbean Sea and the Gulf of America, between Belize and the United States and bordering the North Pacific Ocean, between Guatemala and the United States" }, "Geographic coordinates": { "text": "23 00 N, 102 00 W" }, "Map references": { "text": "North America" }, "Area": { "total ": { "text": "1,964,375 sq km" }, "land": { "text": "1,943,945 sq km" }, "water": { "text": "20,430 sq km" } }, "Area - comparative": { "text": "slightly less than three times the size of Texas" }, "Land boundaries": { "total": { "text": "4,389 km" }, "border countries": { "text": "Belize 276 km; Guatemala 958 km; US 3,155 km" } }, "Coastline": { "text": "9,330 km" }, "Maritime claims": { "territorial sea": { "text": "12 nm" }, "contiguous zone": { "text": "24 nm" }, "exclusive economic zone": { "text": "200 nm" }, "continental shelf": { "text": "200 nm or to the edge of the continental margin" } }, "Climate": { "text": "varies from tropical to desert" }, "Terrain": { "text": "high, rugged mountains; low coastal plains; high plateaus; desert" }, "Elevation": { "highest point": { "text": "Volcan Pico de Orizaba 5,636 m" }, "lowest point": { "text": "Laguna Salada -10 m" }, "mean elevation": { "text": "1,111 m" } }, "Natural resources": { "text": "petroleum, silver, antimony, copper, gold, lead, zinc, natural gas, timber" }, "Land use": { "agricultural land": { "text": "49.4% (2022 est.)" }, "agricultural land: arable land": { "text": "arable land: 9.8% (2022 est.)" }, "agricultural land: permanent crops": { "text": "permanent crops: 1.5% (2022 est.)" }, "agricultural land: permanent pasture": { "text": "permanent pasture: 38.1% (2022 est.)" }, "forest": { "text": "33.7% (2022 est.)" }, "other": { "text": "16.9% (2022 est.)" } }, "Irrigated land": { "text": "59,910 sq km (2022)" }, "Major lakes (area sq km)": { "fresh water lake(s)": { "text": "Laguna de Chapala - 1,140 sq km" }, "salt water lake(s)": { "text": "Laguna de Terminos - 1,550 sq km" } }, "Major rivers (by length in km)": { "text": "Rio Grande river mouth (shared with US [s]) - 3,057 km; Colorado river mouth (shared with US [s]) - 2,333 kmnote 1: strategic location on southern border of the US; Mexico is one of the countries along the Ring of Fire, a belt of active volcanoes and earthquake epicenters bordering the Pacific Ocean; up to 90% of the world's earthquakes and some 75% of the world's volcanoes occur within the Ring of Fire
note 2: the Sac Actun cave system at 348 km (216 mi) is the longest underwater cave in the world and the second longest cave worldwide, after Mammoth Cave in the United States (see \"Geography - note\" under United States)
note 3: the prominent Yucatán Peninsula that divides the Gulf of America from the Caribbean Sea is shared by Mexico, Guatemala, and Belize; on the northern coast of Yucatan near the town of Chicxulub lie the remnants of a massive asteroid or comet crater about 150 km (93 mi) in diameter and extending into the Gulf of America; the impact is believed to have initiated a worldwide climate disruption that caused a mass extinction of 75% of the earth's plant and animal species, including the non-avian dinosaurs
upper-middle-income economy; highly integrated with US via trade and nearshore manufacturing; weak domestic demand, fiscal consolidation, and trade uncertainty contributing to sluggish growth; low unemployment; challenges from income inequality, corruption, and cartel-based violence
" }, "Real GDP (purchasing power parity)": { "Real GDP (purchasing power parity) 2023": { "text": "$2.873 trillion (2023 est.)" }, "Real GDP (purchasing power parity) 2022": { "text": "$2.784 trillion (2022 est.)" }, "Real GDP (purchasing power parity) 2021": { "text": "$2.685 trillion (2021 est.)" }, "note": "note: data in 2021 dollars" }, "Real GDP growth rate": { "Real GDP growth rate 2023": { "text": "3.2% (2023 est.)" }, "Real GDP growth rate 2022": { "text": "3.69% (2022 est.)" }, "Real GDP growth rate 2021": { "text": "5.74% (2021 est.)" }, "note": "note: annual GDP % growth based on constant local currency" }, "Real GDP per capita": { "Real GDP per capita 2023": { "text": "$22,100 (2023 est.)" }, "Real GDP per capita 2022": { "text": "$21,600 (2022 est.)" }, "Real GDP per capita 2021": { "text": "$21,000 (2021 est.)" }, "note": "note: data in 2021 dollars" }, "GDP (official exchange rate)": { "text": "$1.789 trillion (2023 est.)", "note": "note: data in current dollars at official exchange rate" }, "Inflation rate (consumer prices)": { "Inflation rate (consumer prices) 2024": { "text": "4.7% (2024 est.)" }, "Inflation rate (consumer prices) 2023": { "text": "5.5% (2023 est.)" }, "Inflation rate (consumer prices) 2022": { "text": "7.9% (2022 est.)" }, "note": "note: annual % change based on consumer prices" }, "GDP - composition, by sector of origin": { "agriculture": { "text": "3.8% (2023 est.)" }, "industry": { "text": "31.6% (2023 est.)" }, "services": { "text": "58.6% (2023 est.)" }, "note": "note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data" }, "GDP - composition, by end use": { "household consumption": { "text": "70.3% (2023 est.)" }, "government consumption": { "text": "11.1% (2023 est.)" }, "investment in fixed capital": { "text": "24.3% (2023 est.)" }, "investment in inventories": { "text": "0.3% (2023 est.)" }, "exports of goods and services": { "text": "36% (2023 est.)" }, "imports of goods and services": { "text": "-37.2% (2023 est.)" }, "note": "note: figures may not total 100% due to rounding or gaps in data collection" }, "Agricultural products": { "text": "sugarcane, maize, milk, oranges, sorghum, tomatoes, chicken, chillies/peppers, wheat, lemons/limes (2023)", "note": "note: top ten agricultural products based on tonnage" }, "Industries": { "text": "food and beverages, tobacco, chemicals, iron and steel, petroleum, mining, textiles, clothing, motor vehicles, consumer durables, tourism" }, "Industrial production growth rate": { "text": "3.51% (2023 est.)", "note": "note: annual % change in industrial value added based on constant local currency" }, "Labor force": { "text": "60.959 million (2024 est.)", "note": "note: number of people ages 15 or older who are employed or seeking work" }, "Unemployment rate": { "Unemployment rate 2024": { "text": "2.7% (2024 est.)" }, "Unemployment rate 2023": { "text": "2.8% (2023 est.)" }, "Unemployment rate 2022": { "text": "3.3% (2022 est.)" }, "note": "note: % of labor force seeking employment" }, "Youth unemployment rate (ages 15-24)": { "total": { "text": "5.5% (2024 est.)" }, "male": { "text": "5.2% (2024 est.)" }, "female": { "text": "6.1% (2024 est.)" }, "note": "note: % of labor force ages 15-24 seeking employment" }, "Population below poverty line": { "text": "36.3% (2022 est.)", "note": "note: % of population with income below national poverty line" }, "Gini Index coefficient - distribution of family income": { "Gini Index coefficient - distribution of family income 2022": { "text": "43.5 (2022 est.)" }, "note": "note: index (0-100) of income distribution; higher values represent greater inequality" }, "Average household expenditures": { "on food": { "text": "25.7% of household expenditures (2023 est.)" }, "on alcohol and tobacco": { "text": "2.3% of household expenditures (2023 est.)" } }, "Household income or consumption by percentage share": { "lowest 10%": { "text": "2.1% (2022 est.)" }, "highest 10%": { "text": "34.4% (2022 est.)" }, "note": "note: % share of income accruing to lowest and highest 10% of population" }, "Remittances": { "Remittances 2023": { "text": "3.7% of GDP (2023 est.)" }, "Remittances 2022": { "text": "4.2% of GDP (2022 est.)" }, "Remittances 2021": { "text": "4.18% of GDP (2021 est.)" }, "note": "note: personal transfers and compensation between resident and non-resident individuals/households/entities" }, "Budget": { "revenues": { "text": "$282.751 billion (2022 est.)" }, "expenditures": { "text": "$327.211 billion (2022 est.)" }, "note": "note: central government revenues (excluding grants) and expenses converted to US dollars at average official exchange rate for year indicated" }, "Public debt": { "Public debt 2023": { "text": "45.3% of GDP (2023 est.)" }, "note": "note: central government debt as a % of GDP" }, "Taxes and other revenues": { "text": "14.3% (of GDP) (2023 est.)", "note": "note: central government tax revenue as a % of GDP" }, "Current account balance": { "Current account balance 2023": { "text": "-$5.477 billion (2023 est.)" }, "Current account balance 2022": { "text": "-$17.599 billion (2022 est.)" }, "Current account balance 2021": { "text": "-$4.494 billion (2021 est.)" }, "note": "note: balance of payments - net trade and primary/secondary income in current dollars" }, "Exports": { "Exports 2023": { "text": "$649.729 billion (2023 est.)" }, "Exports 2022": { "text": "$630.347 billion (2022 est.)" }, "Exports 2021": { "text": "$537.714 billion (2021 est.)" }, "note": "note: balance of payments - exports of goods and services in current dollars" }, "Exports - partners": { "text": "USA 76%, Canada 5%, China 2%, Germany 2%, Spain 1% (2023)", "note": "note: top five export partners based on percentage share of exports" }, "Exports - commodities": { "text": "cars, vehicle parts/accessories, crude petroleum, trucks, computers (2023)", "note": "note: top five export commodities based on value in dollars" }, "Imports": { "Imports 2023": { "text": "$674.695 billion (2023 est.)" }, "Imports 2022": { "text": "$672.914 billion (2022 est.)" }, "Imports 2021": { "text": "$560.842 billion (2021 est.)" }, "note": "note: balance of payments - imports of goods and services in current dollars" }, "Imports - partners": { "text": "USA 46%, China 20%, Germany 4%, Japan 3%, S. Korea 3% (2023)", "note": "note: top five import partners based on percentage share of imports" }, "Imports - commodities": { "text": "vehicle parts/accessories, refined petroleum, integrated circuits, broadcasting equipment, cars (2023)", "note": "note: top five import commodities based on value in dollars" }, "Reserves of foreign exchange and gold": { "Reserves of foreign exchange and gold 2024": { "text": "$221.944 billion (2024 est.)" }, "Reserves of foreign exchange and gold 2023": { "text": "$214.317 billion (2023 est.)" }, "Reserves of foreign exchange and gold 2022": { "text": "$201.119 billion (2022 est.)" }, "note": "note: holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars" }, "Debt - external": { "Debt - external 2023": { "text": "$306.308 billion (2023 est.)" }, "note": "note: present value of external debt in current US dollars" }, "Exchange rates": { "Currency": { "text": "Mexican pesos (MXN) per US dollar -" }, "Exchange rates 2024": { "text": "18.305 (2024 est.)" }, "Exchange rates 2023": { "text": "17.759 (2023 est.)" }, "Exchange rates 2022": { "text": "20.127 (2022 est.)" }, "Exchange rates 2021": { "text": "20.272 (2021 est.)" }, "Exchange rates 2020": { "text": "21.486 (2020 est.)" } } }, "Energy": { "Electricity access": { "electrification - total population": { "text": "100% (2022 est.)" }, "electrification - urban areas": { "text": "99.8%" }, "electrification - rural areas": { "text": "100%" } }, "Electricity": { "installed generating capacity": { "text": "105.586 million kW (2023 est.)" }, "consumption": { "text": "332.042 billion kWh (2023 est.)" }, "exports": { "text": "1.97 billion kWh (2023 est.)" }, "imports": { "text": "4.863 billion kWh (2023 est.)" }, "transmission/distribution losses": { "text": "45.47 billion kWh (2023 est.)" } }, "Electricity generation sources": { "fossil fuels": { "text": "79.6% of total installed capacity (2023 est.)" }, "nuclear": { "text": "3.2% of total installed capacity (2023 est.)" }, "solar": { "text": "4.2% of total installed capacity (2023 est.)" }, "wind": { "text": "5.7% of total installed capacity (2023 est.)" }, "hydroelectricity": { "text": "5.2% of total installed capacity (2023 est.)" }, "geothermal": { "text": "1.1% of total installed capacity (2023 est.)" }, "biomass and waste": { "text": "1% of total installed capacity (2023 est.)" } }, "Nuclear energy": { "Number of operational nuclear reactors": { "text": "2 (2025)" }, "Net capacity of operational nuclear reactors": { "text": "1.55GW (2025 est.)" }, "Percent of total electricity production": { "text": "4.9% (2023 est.)" } }, "Coal": { "production": { "text": "6.296 million metric tons (2023 est.)" }, "consumption": { "text": "15.132 million metric tons (2023 est.)" }, "exports": { "text": "4,000 metric tons (2023 est.)" }, "imports": { "text": "8.809 million metric tons (2023 est.)" }, "proven reserves": { "text": "1.16 billion metric tons (2023 est.)" } }, "Petroleum": { "total petroleum production": { "text": "2.101 million bbl/day (2023 est.)" }, "refined petroleum consumption": { "text": "1.741 million bbl/day (2024 est.)" }, "crude oil estimated reserves": { "text": "5.786 billion barrels (2021 est.)" } }, "Natural gas": { "production": { "text": "33.118 billion cubic meters (2023 est.)" }, "consumption": { "text": "97.118 billion cubic meters (2023 est.)" }, "exports": { "text": "27.92 million cubic meters (2023 est.)" }, "imports": { "text": "64.289 billion cubic meters (2023 est.)" }, "proven reserves": { "text": "180.322 billion cubic meters (2021 est.)" } }, "Carbon dioxide emissions": { "total emissions": { "text": "441.049 million metric tonnes of CO2 (2023 est.)" }, "from coal and metallurgical coke": { "text": "32.087 million metric tonnes of CO2 (2023 est.)" }, "from petroleum and other liquids": { "text": "228.279 million metric tonnes of CO2 (2023 est.)" }, "from consumed natural gas": { "text": "180.684 million metric tonnes of CO2 (2023 est.)" } }, "Energy consumption per capita": { "Total energy consumption per capita 2023": { "text": "57.539 million Btu/person (2023 est.)" } } }, "Communications": { "Telephones - fixed lines": { "total subscriptions": { "text": "25.637 million (2023 est.)" }, "subscriptions per 100 inhabitants": { "text": "20 (2023 est.)" } }, "Telephones - mobile cellular": { "total subscriptions": { "text": "140 million (2023 est.)" }, "subscriptions per 100 inhabitants": { "text": "100 (2022 est.)" } }, "Broadcast media": { "text": "telecom reform in 2013 ended a quasi-monopoly; now 885 TV stations and 1,841 radio stations, most privately owned; foreign satellite and cable operators are available; completed transition to digital in 2016 (2022)" }, "Internet country code": { "text": ".mx" }, "Internet users": { "percent of population": { "text": "81% (2023 est.)" } }, "Broadband - fixed subscriptions": { "total": { "text": "26.6 million (2023 est.)" }, "subscriptions per 100 inhabitants": { "text": "21 (2023 est.)" } } }, "Transportation": { "Civil aircraft registration country code prefix": { "text": "XA" }, "Airports": { "text": "1,580 (2025)" }, "Heliports": { "text": "488 (2025)" }, "Railways": { "total": { "text": "23,389 km (2017)" }, "standard gauge": { "text": "23,389 km (2017) 1.435-m gauge (27 km electrified)" } }, "Merchant marine": { "total": { "text": "674 (2023)" }, "by type": { "text": "bulk carrier 4, general cargo 11, oil tanker 32, other 627" } }, "Ports": { "total ports": { "text": "35 (2024)" }, "large": { "text": "0" }, "medium": { "text": "7" }, "small": { "text": "10" }, "very small": { "text": "14" }, "size unknown": { "text": "4" }, "ports with oil terminals": { "text": "21" }, "key ports": { "text": "Acapulco, Ensenada, Manzanillo, Mazatlan, Tampico, Tuxpan, Veracruz" } } }, "Military and Security": { "Military and security forces": { "text": "the Mexican Armed Forces (Fuerzas Armadas de México) are divided between the Secretariat of National Defense and the Secretariat of the Navy: