Mexico

Mexico and its Automobile industry


Mexico’s Economy, Past & Present
The country of Mexico is known for being our poor neighbor to the South, but is this stereotype true? To find out, one must examine the economic data. The following table summarizes Mexico’s economy.

(1998 Data) Mexico U.S.
GDP ($) 815 Billion 8.5 Trillion
GDP Growth (%) 4.8 3.9
GDP per Capita ($) 8,300 31,500
Inflation (%) 18.6 1.6
Unemployment (%) 2.6 4.5
Exports 117.5 Million 663 Million
Imports 111.5 Million 912 Million
Partners w/, Exp (%) 87.5 10.0
Partners w/, Imp (%) 74.2 10.0
Population 100.3 Million 272.7 Million
Government Type Democratic Repub. Democratic Repub.
Data from CIA World Fact Book 1999

All these data are current, but Mexico’s economy hasn’t been performing quite as well as these data would lead someone to believe. The following is a short history of Mexico’s re...