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In 2020, Mexico was the world's eleventh largest merchandise exporter and thirteenth largest merchandise importer, representing 2.4% and 2.2% of world trade, respectively (and those rankings increased to 7th and 9th if the EU is considered a single trading entity). [235] From 1991 to 2005, Mexican trade increased fivefold. [236]
Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. [2] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.
However, the report from 2014 showed that for the very first time China overtook the United States as the largest economy in the world taking into account purchasing power parity (PPP). Indeed, the margin of power between nations had generally widened and then lessened over time, and over the last fifty years the world has seen the rapid rise ...
Mexico is an upper middle income country focused on manufacturing goods and free trade agreements with around 40-50 countries. It has 2.458 trillion dollars in GDP (purchasing power parity) making it the 15th largest economy in the world. [5] It is a member of the OECD, NAFTA, APEC, WTO, and the G20. As of 2016, it exported goods worth around ...
Mexico covers 1,972,550 km 2 (761,610 sq mi), [13] and is the thirteenth-largest country in the world by land area; with a population exceeding 130 million. Mexico is the tenth-most populous country in the world and is home to the largest number of native Spanish speakers . [ 1 ]
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This is a list of countries by nominal GDP per capita. GDP per capita is often considered an indicator of a country's standard of living; [1] [2] however, this is inaccurate because GDP per capita is not a measure of personal income. Measures of personal income include average wage, real income, median income, disposable income and GNI per capita.
By 2023, the country had recovered from the pandemic, ranking as the 12th largest global economy with GDP growth of 3.2%, and by May 2024, it had the lowest unemployment rate in the OECD. [58] López Obrador's policies included significant investment in the southern regions of Mexico, which he characterized as a strategy for economic ...