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Mexico : economic indicators and trade with EU

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GDP per capita (€) and annual growth (%)

in Mexico and the EU-28

Public finances, monetary and financial data

FDI and remittances to

Mexico and the EU-28

Mexico business environment and socio-economic indicators

The Ease of Doing Business’s ‘distance to frontier’ score assesses the overall level of regulatory performance of a country. It ranges from 0=’lowest performance’ to 100=’the frontier’, the best performance observed worldwide each year.

The Human Development Index (HDI) measures the average achievement in key dimensions of human development. It is based on life expectancy at birth, average duration of education and GDP per capita. It ranges from 0 to 100. ‘High human development countries’ (UN) are in the range between 70 and 80.

The Corruption Perception Index measures the perceived levels of public–sector corruption worldwide. Scores range from 0 (highly corrupt) to 100 (very clean). In 2016, two thirds of countries scored below 50.

The GINI Index measures the deviation of the distribution of income among individuals or households within a country from a perfectly equal distribution. It is hence a measure of inequality in income distri-bution. A value of 0 represents absolute equality, a value of 100 absolute inequality.

Public debt (% of GDP)

Surplus/deficit (% of GDP)

Remittances received (% of GDP)

FDI net inflows (% of GDP)

GDP per capita

(left axis)

EU-28

Mexico

GDP growth

(right axis)

Mexico

EU-28

5.1

Mexico

EU-28

Score

Rank

Ease of Doing Business

Human Development Index*

Corruption Perception Index

GINI Index*

Worst Best

Best Worst

100

MX peso/euro exchange rate (right axis)

Inflation rate MX (%, left axis)

0.0 4.0 8.0 12.0 16.0 20.0 0% 2% 4% 6% 8% 10%

2.7%

17.6%

Th

ous

an

ds

thousand

28.8

2.2%

2.5%

8.5

4.9%

48.3%

EU-28

Mexico

Mexico total unemployment and

female labour market participation

Female labour force participation (left axis)

Total unemployment (right axis)

100 100 0 0 0 75.6 72.3 30.0 130/176 74/188 47/190 123/142 100 0 48.1

Mexico: Economic indicators and trade with EU

EPRS | European Parliamentary Research Service EUI | European University Institute

Authors: Giulio Sabbati and Enrique Gómez Ramírez , Members’ Research Service; Caterina Francesca Guidi, GlobalStat | EUI

PE 599.370

At a glance

March 2017

(2)

EU exports of goods to Mexico (2016)

EU imports of goods from Mexico (2016)

EU trade with Mexico

Other

Oil, gas, coal

Plastic articles

Essential oil

Agri-food

Iron and steel

Optical instruments

Pharmaceutical products

Electrical,

electronic

equipment

Vehicles and

aircraft

Machinery and

mechanical

appliances

24.8% 16.8% 9.9% 4.6% 4.4% 4.0% 3.9% 3.6% 3.2% 2.7% 22.1%

Other

Plastic articles: 2.5%

Ores, slag and ash

Gemstones

Agri-food

Optical instruments

Machinery and

mechanical appliances

Vehicles and aircraft

Oil, gas, coal

Electrical,

electronic

equipment

16.8% 15.6% 15.2% 12.5% 12.0% 6.6% 3.5% 3.3% 12.1%

Main trade partners (2016)

Trade in goods, exports plus imports

EU

US

Other

APEC

members: 6.0%

Canada: 2.6%

Japan: 2.8%

EU-28

China

US

63.4%

9.9%

7.7%

7.5%

MX

Other

Other

APEC

members

Japan: 3.6%

Turkey: 4.2%

Russia

Switzerland

China

US

17.7%

14.9%

5.5%

7.6%

14.0%

28.7%

India: 2.2%

Mexico: 1.6%

EU

Top EU partners (2016)

Trade in goods

Goods (2005-2016)

Services (2010-2015)

34

20

9

5

Imports

Exports

Imports

Exports

€ billion

EU exports to Mexico

EU imports from Mexico

15.2

7.2

5.5

4.8

4.3

3.8

3.8

1.6

1.2

0.9

EU imports from Mexico

EU export to Mexico

|1|+|2|

0

10

15.2

€ billion

EU external aid to Mexico (2015, disbursements)

EIB preferential loans and

LAIF grants to Mexico:

EIB finance contracts signed on energy (2010)

and industry (2011), and credit lines (2014).

LAIF refers to the period from 2010 to 2014.

6.0

1.0

1.0

1.0

1.0

Development Cooperation Instrument-Geographic

Development Cooperation Instrument-Thematic

Democracy and Human Rights (EIDHR)

Nuclear Safety Cooperation (INSC) Other

€10.0

million

23

150

73

79

EIB - Energy

EIB - Industry

EIB - Credit lines

LAIF - Environment, social

and water/sanitation

€ million

Notes

GlobalStat is a project developed by the European University Institute’s Global Governance Programme (Italy) and the Francisco Manuel dos Santos Foundation (Portugal). Data Sources for Page 1: GDP figures, inflation and exchange rates are from IMF WEO (October 2016) and Eurostat (2016); Labour market data are from World Bank WDI based on ILO KILM (2016); FDI and remittances data are estimates from World Bank staff based on IMF BoP data (2016); HDI and GINI indexes are from UNDP HDR (2015) and are re-scaled (*) from 0 - 1 to 0 - 100 for better comparability; CPI is from Transparency International (2016); Doing Business data are from the World Bank Group - Doing Business Unit (2017). Data sources for page 2: EU trade with Mexico, Main trade partners (EU), Top EU partners (goods), EU exports of goods to Mexico (%) and EU imports of goods from Mexico (%) are from ComExt, Eurostat; Other APEC members = Australia, Brunei Darussalam, Canada, Chile, Hong Kong, Indonesia, Malaysia, New Zealand, Papua New Guinea, Peru, Philippines, Singapore, South Korea, Thailand and Vietnam; main trade partners (Mexico) are from IMF; Other APEC members = Australia, Chile, Hong Kong, Indonesia, Malaysia, New Zealand, Peru, Philippines, Russia, Singapore, South Korea and Thailand; EU external aid to Mexico (2015, disbursements) are from European Commission; EIB preferential loans and LAIF grants to Mexico are from EIB (European Investment bank) and LAIF (Latin America Investment Facility, a new ‘blending’ financial instrument, combining grants - non-refundable EU contributions - with other resources, such as loans, to obtain additional financing).

Disclaimer and Copyright. The content of this document is the sole responsibility of the authors and any opinions expressed therein do not necessarily represent the official

position of the European Parliament and of the European University Institute. It is addressed to the Members and staff of the EP for their parliamentary work. Reproduction and translation for non-commercial purposes are authorised, provided the source is acknowledged and the European Parliament and GlobalStat are given prior notice and sent a copy. © European Union & GlobalStat, 2017.

eprs@ep.europa.eu (mail) – http://www.eprs.ep.parl.union.eu (intranet) – http://www.europarl.europa.eu/thinktank (internet) – http://epthinktank.eu (blog) – globalstat@eui.eu (mail) – http://www.globalstat.eu (internet)

Members’ Research Service & GlobalStat | EUI

Page 2 of 2

Mexico: Economic indicators and trade with EU

EPRS & GlobalStat

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