Mexico PESTLE Insights – A Macroeconomic Outlook Report
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Mining, manufacturing, and utility activities contributed 26.2% to Mexico’s gross value added (GVA) in 2022, followed by wholesale, retail, and hotels business activities (23.6%), and financial intermediation, real estate, and business activities (16.5%). In nominal terms, the three sectors are expected to grow by 8.1%, 8.1%, and 7.9%, respectively, in 2023.
Five major federal entities in Mexico generated approximately 36.2% of the country’s GDP and accounted for 27.5% of the country’s population as of 2022, according to GlobalData.
Scope
In February 2023, the Ministry of Infrastructure, Communications and Transport (SICT) announced that it would invest MXN352 billion ($19.5 billion) in 541 infrastructure projects.
Key Highlights
The MEXBOL index has exhibited a volatile but rising trend. As of October 4, 2023, the index stood at 51,260.4, compared to 46,046.6 on October 4, 2022.
Reasons to Buy
Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.
Comex
OXXO
Table of Contents
Frequently asked questions
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