Mexico PESTLE Insights - A Macroeconomic Outlook Report

Mexico PESTLE Insights - A Macroeconomic Outlook Report

Summary

Mining, manufacturing, and utility activities contributed 26.2% to Mexico’s gross value added (GVA) in 2022, followed by wholesale, retail, and hotels business activities (23.6%), and financial intermediation, real estate, and business activities (16.5%). In nominal terms, the three sectors are expected to grow by 8.1%, 8.1%, and 7.9%, respectively, in 2023.

Five major federal entities in Mexico generated approximately 36.2% of the country’s GDP and accounted for 27.5% of the country’s population as of 2022, according to GlobalData.

The MEXBOL index has exhibited a volatile but rising trend. As of October 4, 2023, the index stood at 51,260.4, compared to 46,046.6 on October 4, 2022.

Scope

• In February 2023, the Ministry of Infrastructure, Communications and Transport (SICT) announced that it would invest MXN352 billion ($19.5 billion) in 541 infrastructure projects.

Reasons to Buy

• Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
• PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
• Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
• This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.