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Libya vs Mexico: Economic Indicators Comparison

Mexico with a GDP of $1.2T ranked the 15th largest economy in the world, while Libya ranked 86th with $48.4B. By GDP 5-years average growth and GDP per capita, Mexico and Libya ranked 109th vs 144th and 77th vs 91st, respectively.

Gross Domestic Product & Income

StatLibyaMexico
GDP$48.4B$1.2T
GDP growth, 1 year17.9%2%
GDP growth, 5-years average1.7%2.6%
Population5.7M130.5M
GDP per capita$7.2k$9.7k
GDP per capita growth6.37%0.99%
Purchasing Power Parity conversion factor0.489.38
Price level ratio of PPP conversion factor GDP to market exchange rate0.350.49
GDP per capita, PPP adjusted$11k$21k
GNI, Atlas method$42.8B$1.2T
GNI per capita$6.4k$9.2k
GNI, PPP adjusted$142.5B$2.4T
GNI per capita, PPP adjusted$21k$19k

Financial system and Human development

StatLibyaMexico
Income Tax Rate10%35%
Corporate Tax RateN/A30%
Inflation, consumer prices23.1%4.9%
Inflation, GDP deflator15.8%5%
Unemployment17.3%3.3%
Economic Freedom Index4766
Personal Freedom Index5.177.23
Human Freedom Index4.986.94
Property Rights Index30.158.3
Judical Effectiveness Index20.834.7
Business Freedom Index40.767
Fiscal Health IndexN/A87.5
Labor Freedom Index53.958.4
Investment Freedom Index575
Financial Freedom IndexN/A60
Trade Freedom IndexN/A87.6
Monetary Freedom Index53.670.9
Government Spending Index079.3
Tax Burden IndexN/A76.1
Government Integrity Index18.936.7
Corruption Perceptions Index1728
Life expectancy at birth, years72.574.9
Suicide mortality rate, per 100,000 people5.25.1
Mortality caused by road traffic injury, per 100,000 people26.113.1
Intentional homicides, per 100,000 people2.524.8
International tourism, number of arrivals142k41.3M

Government debt & reserves

StatLibyaMexico
Central government debt, % of GDP4.9%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 GNI35%7.5%
Gross savings, % of GDP67.3%23.7%
Gross capital formation, % of GDP29.8%22.7%
Total reserves including gold$85.3B$176.4B
Foreign direct investment net inflows$0$37.5B

Exports, imports and economic structure

StatLibyaMexico
Exports of goods and services, % of GDP62.2%39.3%
Imports of goods and services, % of GDP40.1%41.2%
Current account balance (balance of payments)-$4.7B-$22B
Revenue excluding grants, % of GDPN/A18.9%
Grants excluding technical cooperation, BoP$268.9M$318.9M
Personal remittances received$16M$35.8B
Industry including construction value added, % of GDP77.5%30.9%
Agriculture, forestry and fishing value added, % of GDP1.8%3.4%
Charges for the use of intellectual property, payments BoPN/A$302M
Charges for the use of intellectual property, receipts BoP$10M$7M
Expense, % of GDPN/A20.4%
Government Expenditure, % of GDP105.8%26.3%

Compare with countries close by GDP per capita

Libya vs

CountryGDP
per capita
Population
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
Turkmenistan
$7k
5.13M
Peru
$6.9k
30.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
15.7M
Belarus
$6.3k
9.49M
Fiji
$6.3k
881k
Suriname
$6.2k
539k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.3M
Iraq
$5.8k
33.4M
Paraguay
$5.8k
6.8M
Iran
$5.6k
77.4M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M

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
Turkmenistan
$7k
5.13M
Peru
$6.9k
30.4M