Mexico vs the United States: Economic Indicators Comparison
The United States with a GDP of $20.5T ranked the 1st largest economy in the world, while Mexico ranked 15th with $1.2T. By GDP 5-years average growth and GDP per capita, the United States and Mexico ranked 113th vs 109th and 11th vs 77th, respectively.
Gross Domestic Product & Income
Stat | Mexico | United States |
---|---|---|
GDP | $1.2T | $20.5T |
GDP growth, 1 year | 2% | 2.9% |
GDP growth, 5-years average | 2.6% | 2.4% |
Population | 130.5M | 325.1M |
GDP per capita | $9.7k | $63k |
GDP per capita growth | 0.99% | 2.29% |
Purchasing Power Parity conversion factor | 9.38 | 1 |
Price level ratio of PPP conversion factor GDP to market exchange rate | 0.49 | 1 |
GDP per capita, PPP adjusted | $21k | $63k |
GNI, Atlas method | $1.2T | $20.6T |
GNI per capita | $9.2k | $63k |
GNI, PPP adjusted | $2.4T | $20.8T |
GNI per capita, PPP adjusted | $19k | $64k |
Financial system and Human development
Stat | Mexico | United States |
---|---|---|
Income Tax Rate | 35% | 37% |
Corporate Tax Rate | 30% | 21% |
Inflation, consumer prices | 4.9% | 2.4% |
Inflation, GDP deflator | 5% | 2.4% |
Unemployment | 3.3% | 3.9% |
Economic Freedom Index | 66 | 76.6 |
Personal Freedom Index | 7.23 | 8.55 |
Human Freedom Index | 6.94 | 8.39 |
Property Rights Index | 58.3 | 81.8 |
Judical Effectiveness Index | 34.7 | 83.7 |
Business Freedom Index | 67 | 83.3 |
Fiscal Health Index | 87.5 | 54.3 |
Labor Freedom Index | 58.4 | 87.9 |
Investment Freedom Index | 75 | 85 |
Financial Freedom Index | 60 | 80 |
Trade Freedom Index | 87.6 | 79.8 |
Monetary Freedom Index | 70.9 | 75.5 |
Government Spending Index | 79.3 | 56.5 |
Tax Burden Index | 76.1 | 74.6 |
Government Integrity Index | 36.7 | 77.2 |
Corruption Perceptions Index | 28 | 71 |
Life expectancy at birth, years | 74.9 | 78.5 |
Suicide mortality rate, per 100,000 people | 5.1 | 15.3 |
Mortality caused by road traffic injury, per 100,000 people | 13.1 | 12.4 |
Intentional homicides, per 100,000 people | 24.8 | 5.3 |
International tourism, number of arrivals | 41.3M | 79.7M |
Government debt & reserves
Stat | Mexico | United States |
---|---|---|
Central government debt, % of GDP | 53.6% | 105.8% |
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% | 6.1% |
Gross savings, % of GDP | 23.7% | 18.6% |
Gross capital formation, % of GDP | 22.7% | 21% |
Total reserves including gold | $176.4B | $449.9B |
Foreign direct investment net inflows | $37.5B | $258.4B |
Exports, imports and economic structure
Stat | Mexico | United States |
---|---|---|
Exports of goods and services, % of GDP | 39.3% | 12.2% |
Imports of goods and services, % of GDP | 41.2% | 15.3% |
Current account balance (balance of payments) | -$22B | -$491B |
Revenue excluding grants, % of GDP | 18.9% | 17.2% |
Grants excluding technical cooperation, BoP | $318.9M | N/A |
Personal remittances received | $35.8B | $6.7B |
Industry including construction value added, % of GDP | 30.9% | 18.2% |
Agriculture, forestry and fishing value added, % of GDP | 3.4% | 0.9% |
Charges for the use of intellectual property, payments BoP | $302M | $56.1B |
Charges for the use of intellectual property, receipts BoP | $7M | $128.7B |
Expense, % of GDP | 20.4% | 22.4% |
Government Expenditure, % of GDP | 26.3% | 38.1% |