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Estonia vs Mexico: Economic Indicators Comparison

Mexico with a GDP of $1.2T ranked the 15th largest economy in the world, while Estonia ranked 102nd with $30.7B. By GDP 5-years average growth and GDP per capita, Mexico and Estonia ranked 109th vs 71st and 77th vs 42nd, respectively.

Gross Domestic Product & Income

StatEstoniaMexico
GDP$30.7B$1.2T
GDP growth, 1 year3.9%2%
GDP growth, 5-years average3.4%2.6%
Population1.3M130.5M
GDP per capita$23k$9.7k
GDP per capita growth4.48%0.99%
Purchasing Power Parity conversion factor0.559.38
Price level ratio of PPP conversion factor GDP to market exchange rate0.650.49
GDP per capita, PPP adjusted$34k$21k
GNI, Atlas method$27.9B$1.2T
GNI per capita$21k$9.2k
GNI, PPP adjusted$46.2B$2.4T
GNI per capita, PPP adjusted$35k$19k

Financial system and Human development

StatEstoniaMexico
Income Tax Rate20%35%
Corporate Tax Rate20%30%
Inflation, consumer prices3.4%4.9%
Inflation, GDP deflator4.5%5%
Unemployment5.5%3.3%
Economic Freedom Index77.766
Personal Freedom Index9.047.23
Human Freedom Index8.446.94
Property Rights Index83.258.3
Judical Effectiveness Index73.734.7
Business Freedom Index73.567
Fiscal Health Index99.987.5
Labor Freedom Index57.358.4
Investment Freedom Index9075
Financial Freedom Index7060
Trade Freedom Index86.487.6
Monetary Freedom Index78.670.9
Government Spending Index53.379.3
Tax Burden Index81.176.1
Government Integrity Index85.936.7
Corruption Perceptions Index7328
Life expectancy at birth, years77.674.9
Suicide mortality rate, per 100,000 people17.85.1
Mortality caused by road traffic injury, per 100,000 people6.113.1
Intentional homicides, per 100,000 people2.224.8
International tourism, number of arrivals3.2M41.3M

Government debt & reserves

StatEstoniaMexico
Central government debt, % of GDP8.1%53.6%
External debt stocks, % of GNIN/A38%
External debt stocksN/A$453B
Short-term debt, % of total reservesN/A34.6%
Total debt service, % of exports and primary incomeN/A11.9%
Adjusted net savings including particulate emission damage, % of GNI15.2%7.5%
Gross savings, % of GDP28.2%23.7%
Gross capital formation, % of GDP26.2%22.7%
Total reserves including gold$755M$176.4B
Foreign direct investment net inflows$1.2B$37.5B

Exports, imports and economic structure

StatEstoniaMexico
Exports of goods and services, % of GDP74.3%39.3%
Imports of goods and services, % of GDP70.7%41.2%
Current account balance (balance of payments)$612.4M-$22B
Revenue excluding grants, % of GDP34.8%18.9%
Grants excluding technical cooperation, BoP$120.3M$318.9M
Personal remittances received$566.5M$35.8B
Industry including construction value added, % of GDP24.1%30.9%
Agriculture, forestry and fishing value added, % of GDP2.7%3.4%
Charges for the use of intellectual property, payments BoP$64.7M$302M
Charges for the use of intellectual property, receipts BoP$15.9M$7M
Expense, % of GDP35%20.4%
Government Expenditure, % of GDP39.4%26.3%

Compare with countries close by GDP per capita

Estonia vs

CountryGDP
per capita
Population
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.6M
Kuwait
$34k
4.66M
Bahamas
$32k
377k
Brunei
$32k
418k
South Korea
$31k
51.1M
Spain
$30k
46.5M
Malta
$30k
423k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.33M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Czech Republic
$23k
10.6M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.44M
Saint Kitts and Nevis
$19k
54.2k
Lithuania
$19k
2.79M
Barbados
$18k
285k
Latvia
$18k
1.95M
Uruguay
$17k
3.41M
Trinidad and Tobago
$17k
1.34M
Antigua and Barbuda
$17k
101k
Seychelles
$16k
95.8k
Oman
$16k
3.63M
Hungary
$16k
9.97M

Mexico vs

CountryGDP
per capita
Population
Poland
$15k
38.5M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.87M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
345k
Equatorial Guinea
$10k
1.22M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18M
China
$9.8k
1.41B
Turkey
$9.4k
82M
Bulgaria
$9.3k
7.27M
Brazil
$8.9k
208M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.3M
Lebanon
$8.3k
4.47M
Botswana
$8.3k
2.02M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
1.67M
Dominica
$7.7k
72k
Saint Vincent
$7.4k
109k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
5.66M
Turkmenistan
$7k
5.13M