United Mexican States

Capital: Mexico City                     HDI: 0.756 (71st)

Language: Spanish

GDP (PPP): $2.141 trillion    Currency: Mexican Peso

Population: ~ 122 million

 

Mexico dominates Central America and is the second largest Latin American economy with a rapidly growing middle class. The country is posed to be in the top ten global economies by 2050. Since the North American Free Trade Agreement was begun in 1994, the country has become manufacturing oriented, increased investment has come from the US and Canada, and Mexican exports have increased in demand. The government has of late been focused on eliminating corruption, reducing income equality, and going about educational reforms for its population; the goal is to improve the long term economic growth of the country as well as its human development. Because of its many trade relationships and low corporate taxes, Mexico is a great place for business, and in particular industry.

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