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Mexico vs Uruguay: Economic Indicators Comparison

Mexico with a GDP of $1.2T ranked the 15th largest economy in the world, while Uruguay ranked 79th with $59.6B. By GDP 5-years average growth and GDP per capita, Mexico and Uruguay ranked 109th vs 129th and 77th vs 52nd, respectively.

Gross Domestic Product & Income

StatMexicoUruguay
GDP$1.2T$59.6B
GDP growth, 1 year2%2.1%
GDP growth, 5-years average2.6%2%
Population130.5M3.4M
GDP per capita$9.7k$17k
GDP per capita growth0.99%1.25%
Purchasing Power Parity conversion factor9.3822.52
Price level ratio of PPP conversion factor GDP to market exchange rate0.490.73
GDP per capita, PPP adjusted$21k$23k
GNI, Atlas method$1.2T$54B
GNI per capita$9.2k$16k
GNI, PPP adjusted$2.4T$75.7B
GNI per capita, PPP adjusted$19k$22k

Financial system and Human development

StatMexicoUruguay
Income Tax Rate35%30%
Corporate Tax Rate30%25%
Inflation, consumer prices4.9%7.6%
Inflation, GDP deflator5%5.6%
Unemployment3.3%8%
Economic Freedom Index6669.1
Personal Freedom Index7.238.78
Human Freedom Index6.947.93
Property Rights Index58.372
Judical Effectiveness Index34.759.8
Business Freedom Index6773.6
Fiscal Health Index87.572.3
Labor Freedom Index58.471
Investment Freedom Index7585
Financial Freedom Index6030
Trade Freedom Index87.677.4
Monetary Freedom Index70.972.7
Government Spending Index79.366.5
Tax Burden Index76.175.2
Government Integrity Index36.773.5
Corruption Perceptions Index2870
Life expectancy at birth, years74.977.6
Suicide mortality rate, per 100,000 people5.118.4
Mortality caused by road traffic injury, per 100,000 people13.113.4
Intentional homicides, per 100,000 people24.88.2
International tourism, number of arrivals41.3M3.5M

Government debt & reserves

StatMexicoUruguay
Central government debt, % of GDP53.6%70%
External debt stocks, % of GNI38%N/A
External debt stocks$453BN/A
Short-term debt, % of total reserves34.6%N/A
Total debt service, % of exports and primary income11.9%N/A
Adjusted net savings including particulate emission damage, % of GNI7.5%10.2%
Gross savings, % of GDP23.7%12%
Gross capital formation, % of GDP22.7%16.5%
Total reserves including gold$176.4B$15.6B
Foreign direct investment net inflows$37.5B$1.2B

Exports, imports and economic structure

StatMexicoUruguay
Exports of goods and services, % of GDP39.3%21%
Imports of goods and services, % of GDP41.2%19%
Current account balance (balance of payments)-$22B$75.7M
Revenue excluding grants, % of GDP18.9%34.4%
Grants excluding technical cooperation, BoP$318.9M$9.1M
Personal remittances received$35.8B$104.3M
Industry including construction value added, % of GDP30.9%24.5%
Agriculture, forestry and fishing value added, % of GDP3.4%5.6%
Charges for the use of intellectual property, payments BoP$302M$124.2M
Charges for the use of intellectual property, receipts BoP$7M$44.7M
Expense, % of GDP20.4%35%
Government Expenditure, % of GDP26.3%33.4%

Compare with countries close by GDP per capita

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

Uruguay vs

CountryGDP
per capita
Population
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.33M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
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
Trinidad and Tobago
$17k
1.34M
Antigua and Barbuda
$17k
101k
Seychelles
$16k
95.8k
Oman
$16k
3.63M
Hungary
$16k
9.97M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
20.9k
Panama
$16k
3.86M
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