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note 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.
Mexico's $2.4 trillion economy – 11th largest in the world - has become increasingly oriented toward manufacturing since the North American Free Trade Agreement (NAFTA) entered into force in 1994. Per capita income is roughly one-third that of the US; income distribution remains highly unequal.
note 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.
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 in the early 19th century.
one of the world’s largest economies; USMCA buttresses its manufacturing sector; has underperformed growth targets for three decades; COVID-19 disrupted export-based economy; corruption and cartel-based violence undermine economic stability.
the Mexican military inventory includes a mix of domestically-produced and imported equipment from a variety of mostly Western suppliers; since 2010, the US is the leading supplier of military hardware to Mexico; Mexico's defense industry produces naval vessels and light armored vehicles (2021)
one of the world’s largest economies; USMCA buttresses its manufacturing sector; has underperformed growth targets for three decades; COVID-19 disrupted export-based economy; corruption and cartel-based violence undermine economic stability.
Explore the essential details of all countries, covering history, people, government, and more in The World Factbook.
A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States.
Total fertility rate (TFR) compares figures for the average number of children that would be born per woman if all women lived to the end of their childbearing years and bore children according to a given fertility rate at each age.