Mexico vs Palau: Economic Indicators Comparison

Mexico with a GDP of $1.2T ranked the 15th largest economy in the world, while Palau ranked 192nd with $284M. By GDP per capita, Mexico and Palau ranked 77th vs 60th, respectively.

Gross Domestic Product & Income

Stat	Mexico	Palau
GDP	$1.2T	$284M
GDP growth, 1 year	2%	1.71%
GDP growth, 5-years average	2.6%	N/A
Population	130.5M	22k
GDP per capita	$9.7k	$16k
GDP per capita growth	0.99%	1.14%
Purchasing Power Parity conversion factor	9.38	0.86
Price level ratio of PPP conversion factor GDP to market exchange rate	0.49	0.86
GDP per capita, PPP adjusted	$21k	$19k
GNI, Atlas method	$1.2T	$309.4M
GNI per capita	$9.2k	$17k
GNI, PPP adjusted	$2.4T	$349.4M
GNI per capita, PPP adjusted	$19k	$20k

Financial system and Human development

Stat	Mexico	Palau
Income Tax Rate	35%	N/A
Corporate Tax Rate	30%	N/A
Inflation, consumer prices	4.9%	1.3%
Inflation, GDP deflator	5%	-2.5%
Unemployment	3.3%	1.4%
Economic Freedom Index	66	62
Personal Freedom Index	7.23	6.4
Human Freedom Index	6.94	6.4
Property Rights Index	58.3	N/A
Judical Effectiveness Index	34.7	N/A
Business Freedom Index	67	N/A
Fiscal Health Index	87.5	N/A
Labor Freedom Index	58.4	N/A
Investment Freedom Index	75	N/A
Financial Freedom Index	60	N/A
Trade Freedom Index	87.6	N/A
Monetary Freedom Index	70.9	N/A
Government Spending Index	79.3	N/A
Tax Burden Index	76.1	N/A
Government Integrity Index	36.7	N/A
Corruption Perceptions Index	28	49
Life expectancy at birth, years	74.9	69.1
Suicide mortality rate, per 100,000 people	5.1	21.7
Mortality caused by road traffic injury, per 100,000 people	13.1	4.8
Intentional homicides, per 100,000 people	24.8	3.1
International tourism, number of arrivals	41.3M	106k

Government debt & reserves

Stat	Mexico	Palau
Central government debt, % of GDP	53.6%	67.5%
External debt stocks, % of GNI	38%	N/A
External debt stocks	$453B	N/A
Short-term debt, % of total reserves	34.6%	N/A
Total debt service, % of exports and primary income	11.9%	N/A
Adjusted net savings including particulate emission damage, % of GNI	7.5%	N/A
Gross savings, % of GDP	23.7%	10.7%
Gross capital formation, % of GDP	22.7%	26.7%
Total reserves including gold	$176.4B	N/A
Foreign direct investment net inflows	$37.5B	$21.5M

Exports, imports and economic structure

Stat	Mexico	Palau
Exports of goods and services, % of GDP	39.3%	47%
Imports of goods and services, % of GDP	41.2%	76.3%
Current account balance (balance of payments)	-$22B	-$51.8M
Revenue excluding grants, % of GDP	18.9%	27.3%
Grants excluding technical cooperation, BoP	$318.9M	$81.2M
Personal remittances received	$35.8B	$2.2M
Industry including construction value added, % of GDP	30.9%	8%
Agriculture, forestry and fishing value added, % of GDP	3.4%	3.2%
Charges for the use of intellectual property, payments BoP	$302M	N/A
Charges for the use of intellectual property, receipts BoP	$7M	N/A
Expense, % of GDP	20.4%	41.4%
Government Expenditure, % of GDP	26.3%	N/A