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Mexico

CAPITAL

Mexico City

GDP

$1.79 trillion

REGION

Americas

GDP PER CAPITA, PPP

$28,890

POPULATION

129,388,000

AREA

1,964,375 SQ.KM

Mexico stands as Latin America’s second-largest economy and a strategic bridge between North America and Central America. With a population exceeding 128 million, the nation boasts a rich cultural heritage blending indigenous, Spanish, and contemporary influences. The country’s geographic position along major trade corridors and its membership in USMCA have solidified its role as a critical manufacturing hub.

The Mexican economy is driven by diverse sectors including automotive production, electronics,
petrochemicals, and agriculture. Manufacturing accounts for significant GDP contribution, with major companies establishing operations in strategic regions. Tourism remains vital, attracting millions annually to historical sites, beaches, and cultural destinations. The nation has developed a competitive advantage in nearshoring as companies seek alternatives to Asian manufacturing.

Governance reforms in recent years have aimed at strengthening institutions and reducing corruption.
Mexico faces ongoing challenges including income inequality and regional disparities, yet maintains strong
demographic advantages with a young, growing workforce. As a G20 member, Mexico increasingly influences global economic and political discussions, positioning itself as a key player in reshaping international trade relationships and regional development.

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The country description included in this report was developed with the assistance of artificial intelligence.

David J. Reibstein, Ph.D.

The William S. Woodside Professor and

Professor of Marketing

Office

The Wharton School

University of Pennsylvania

3730 Walnut Street, 743 JMHH

Philadelphia, PA  19104

contact

Email: reibstein@wharton.upenn.edu
Telephone: 215-898-6643
Fax: 215-573-2129

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