MXN to USD Rate Chart

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MXN Popular Exchange Rates(today)

Exchange Rate Last day
MXN to GBP rate 0.04575 0.04549
MXN to EUR rate 0.05317 0.05296
MXN to AUD rate 0.08603 0.08664
MXN to CAD rate 0.07648 ▲ 0.07662
MXN to USD rate 0.05696 0.05698
MXN to NZD rate 0.09394 0.09392
MXN to TRY rate 1.19391 1.1903
MXN to DKK rate 0.39614 0.3942
MXN to AED rate 0.2092 0.2093
MXN to NOK rate 0.62795 0.6299
MXN to SEK rate 0.61522 0.6157
MXN to CHF rate 0.05178 0.05159
MXN to JPY rate 7.97112 7.9132
MXN to HKD rate 0.44647 0.4463
MXN to SGD rate 0.07692 0.07677
MXN to ZAR rate 1.11127 1.1188

Economic indicators of Mexico and United States

Indicator Mexico United States
Private Consumption 19,875,403
Mil. MXN, SAAR, Quarterly; 2022 Q4
18,095,310
Mil. USD, SAAR, Quarterly; 2023 Q1
Real Private Consumption 12,899,575
Mil. 2013 MXN, SAAR, Quarterly; 2022 Q4
14,344,454
Mil. Ch. 2012 USD, SAAR, Quarterly; 2023 Q1
Real GDP 18,560,365
Mil. 2013 MXN, SAAR, Quarterly; 2022 Q4
20,235,878
Mil. Ch. 2012 USD, SAAR, Quarterly; 2023 Q1
Nominal GDP 29,290,422
Mil. MXN, SAAR, Quarterly; 2022 Q4
26,465,865
Mil. USD, SAAR, Quarterly; 2023 Q1
Investment 6,245,030
Mil. MXN, SAAR, Quarterly; 2022 Q4
4,563,954
Mil. USD, SAAR, Quarterly; 2023 Q1
Consumer Price Index (CPI) 128.36
Index 2nd half Jul2018=100, NSA, Monthly; Apr 2023
302.92
Index 1982-84=100, SA, Monthly; Apr 2023
Producer Price Index (PPI) 131.63
Index Jul2019=100, NSA, Monthly; Jul 2019
254.53
Index 1982=100, SA, Monthly; Apr 2023
Unemployment Rate 2.39
%, NSA, Monthly; Mar 2023
3.4
%, SA, Monthly; Apr 2023
Exports of Goods 46,224
Million Dollars, NSA, Monthly; Apr 2023
174,309
Mil. USD, SA, Monthly; Mar 2023
Imports of Goods 47,732
Million Dollars, NSA, Monthly; Apr 2023
260,902
Mil. USD, SA, Monthly; Mar 2023
Net Exports -700,503
Mil. MXN, SAAR, Quarterly; 2022 Q4
-839,471
Mil. USD, SAAR, Quarterly; 2023 Q1
Lending Rate 11.27
Percent, NSA, Business Daily; 30 May 2023
5.08
% p.a., NSA, Business Daily; 16 May 2023
House Price Index 146.5
Index 2012=100, NSA, Quarterly; 2018 Q4
623.66
Index 1980Q1=100, NSA, Quarterly; 2022 Q4
Consumer Confidence 105.13
Dif. Index=100, NSA, Monthly; Jul 2019
97.27
Index Long term avg=100, SA, Monthly; Apr 2023
Total Employment Non-Ag - 155,673
Ths. #, SA, Monthly; Apr 2023
Personal Income - 22,647,206
Mil. USD, SAAR, Quarterly; 2023 Q1
Retail Sales - 509,041
Mil. USD, CDASA, Monthly; Sep 2018

MXN to USD Historical Rates(table)

Date Open Highest Lowest Close
MXN to USD (2023-06-02) 0.05691 0.05697 0.05741 0.05691
MXN to USD (2023-06-01) 0.05696 0.05653 0.05701 0.05641
MXN to USD (2023-05-31) 0.05651 0.05663 0.05671 0.05626
MXN to USD (2023-05-30) 0.05660 0.05686 0.05702 0.05651
MXN to USD (2023-05-29) 0.05680 0.05672 0.05704 0.05671
MXN to USD (2023-05-26) 0.05666 0.05601 0.05678 0.05596
MXN to USD (2023-05-25) 0.05599 0.05618 0.05633 0.05592
MXN to USD (2023-05-24) 0.05614 0.05563 0.05629 0.05556
MXN to USD (2023-05-23) 0.05560 0.05588 0.05598 0.05554
MXN to USD (2023-05-22) 0.05584 0.05624 0.05634 0.05568
MXN to USD (2023-05-19) 0.05618 0.05646 0.05676 0.05618
MXN to USD (2023-05-18) 0.05639 0.05683 0.05685 0.05625
MXN to USD (2023-05-17) 0.05680 0.05714 0.05720 0.05652
MXN to USD (2023-05-16) 0.05709 0.05734 0.05744 0.05701
MXN to USD (2023-05-15) 0.05732 0.05687 0.05741 0.05675
MXN to USD (2023-05-12) 0.05677 0.05688 0.05695 0.05666
MXN to USD (2023-05-11) 0.05686 0.05697 0.05703 0.05649
MXN to USD (2023-05-10) 0.05696 0.05626 0.05698 0.05624
MXN to USD (2023-05-09) 0.05625 0.05620 0.05637 0.05607
MXN to USD (2023-05-08) 0.05616 0.05629 0.05638 0.05605
MXN to USD (2023-05-05) 0.05624 0.05582 0.05635 0.05571
MXN to USD (2023-05-04) 0.05579 0.05578 0.05602 0.05545
MXN to USD (2023-05-03) 0.05574 0.05562 0.05610 0.05557

MXN to USD Handy Conversion

1 MXN = 0.057 USD
2 MXN = 0.114 USD
3 MXN = 0.171 USD
4 MXN = 0.228 USD
5 MXN = 0.285 USD
6 MXN = 0.342 USD
7 MXN = 0.399 USD
8 MXN = 0.456 USD
9 MXN = 0.513 USD
10 MXN = 0.57 USD
15 MXN = 0.854 USD
20 MXN = 1.139 USD
25 MXN = 1.424 USD
50 MXN = 2.848 USD
100 MXN = 5.695 USD
200 MXN = 11.39 USD
250 MXN = 14.238 USD
500 MXN = 28.475 USD
750 MXN = 42.713 USD
1000 MXN = 56.95 USD
1500 MXN = 85.425 USD
2000 MXN = 113.9 USD
5000 MXN = 284.75 USD
10000 MXN = 569.5 USD

Comparison between Mexico and United States

Background comparison between [Mexico] and [United States]

Mexico United States

The site of several advanced Amerindian civilizations - including the Olmec, Toltec, Teotihuacan, Zapotec, Maya, and Aztec - Mexico was conquered and colonized by Spain in the early 16th century. Administered as the Viceroyalty of New Spain for three centuries, it achieved independence early in the 19th century. Elections held in 2000 marked the first time since the 1910 Mexican Revolution that an opposition candidate - Vicente FOX of the National Action Party (PAN) - defeated the party in government, the Institutional Revolutionary Party (PRI). He was succeeded in 2006 by another PAN candidate Felipe CALDERON, but Enrique PENA NIETO regained the presidency for the PRI in 2012, and will serve as president until December 2018. The global financial crisis in late 2008 caused a massive economic downturn in Mexico the following year, although growth returned quickly in 2010. Ongoing economic and social concerns include low real wages, high underemployment, inequitable income distribution, and few advancement opportunities for the largely indigenous population in the impoverished southern states. Since 2007, Mexico's powerful drug-trafficking organizations have engaged in bloody feuding, resulting in tens of thousands of drug-related homicides.

Britain's American colonies broke with the mother country in 1776 and were recognized as the new nation of the United States of America following the Treaty of Paris in 1783. During the 19th and 20th centuries, 37 new states were added to the original 13 as the nation expanded across the North American continent and acquired a number of overseas possessions. The two most traumatic experiences in the nation's history were the Civil War (1861-65), in which a northern Union of states defeated a secessionist Confederacy of 11 southern slave states, and the Great Depression of the 1930s, an economic downturn during which about a quarter of the labor force lost its jobs. Buoyed by victories in World Wars I and II and the end of the Cold War in 1991, the US remains the world's most powerful nation state. Since the end of World War II, the economy has achieved relatively steady growth, low unemployment and inflation, and rapid advances in technology.

Geography comparison between [Mexico] and [United States]

Mexico United States
Location

North America, bordering the Caribbean Sea and the Gulf of Mexico, between Belize and the United States and bordering the North Pacific Ocean, between Guatemala and the United States

North America, bordering both the North Atlantic Ocean and the North Pacific Ocean, between Canada and Mexico

Geographic coordinates

23 00 N, 102 00 W

38 00 N, 97 00 W

Map references

North America

North America

Area

total: 1,964,375 sq km

land: 1,943,945 sq km

water: 20,430 sq km

country comparison to the world: 15

total: 9,833,517 sq km

land: 9,147,593 sq km

water: 685,924 sq km

note: includes only the 50 states and District of Columbia, no overseas territories (2010)

country comparison to the world: 4

Land boundaries

total: 4,389 km

border countries (3): Belize 276 km, Guatemala 958 km, US 3,155 km

total: 12,048 km

border countries (2): Canada 8,893 km (including 2,477 km with Alaska), Mexico 3,155 km

note: US Naval Base at Guantanamo Bay, Cuba is leased by the US and is part of Cuba; the base boundary is 28.5 km

Coastline

9,330 km

19,924 km

Maritime claims

territorial sea: 12 nm

contiguous zone: 24 nm

exclusive economic zone: 200 nm

continental shelf: 200 nm or to the edge of the continental margin

territorial sea: 12 nm

contiguous zone: 24 nm

exclusive economic zone: 200 nm

continental shelf: not specified

Climate

varies from tropical to desert

mostly temperate, but tropical in Hawaii and Florida, arctic in Alaska, semiarid in the great plains west of the Mississippi River, and arid in the Great Basin of the southwest; low winter temperatures in the northwest are ameliorated occasionally in January and February by warm chinook winds from the eastern slopes of the Rocky Mountains

Terrain

high, rugged mountains; low coastal plains; high plateaus; desert

vast central plain, mountains in west, hills and low mountains in east; rugged mountains and broad river valleys in Alaska; rugged, volcanic topography in Hawaii

Elevation

mean elevation: 1,111 m

elevation extremes: lowest point: Laguna Salada -10 m

highest point: Volcan Pico de Orizaba 5,636 m

mean elevation: 760 m

elevation extremes: lowest point: Death Valley -86 m (lowest point in North America)

highest point: Denali (Mount McKinley) 6,190 m (highest point in North America)

note: the peak of Mauna Kea (4,205 m above sea level) on the island of Hawaii rises about 10,200 m above the Pacific Ocean floor; by this measurement, it is the world's tallest mountain - higher than Mount Everest (8,850 m), which is recognized as the tallest mountain above sea level

Natural resources

petroleum, silver, copper, gold, lead, zinc, natural gas, timber

coal, copper, lead, molybdenum, phosphates, rare earth elements, uranium, bauxite, gold, iron, mercury, nickel, potash, silver, tungsten, zinc, petroleum, natural gas, timber, arable land

note: the US has the world's largest coal reserves with 491 billion short tons accounting for 27% of the world's total

Land use

agricultural land: 54.9%

arable land 11.8%; permanent crops 1.4%; permanent pasture 41.7%

forest: 33.3%

other: 11.8% (2011 est.)

agricultural land: 44.5%

arable land 16.8%; permanent crops 0.3%; permanent pasture 27.4%

forest: 33.3%

other: 22.2% (2011 est.)

Irrigated land

65,000 sq km (2012)

264,000 sq km (2012)

Population - distribution

most of the population is found in the middle of the country between the states of Jalisco and Veracruz; approximately a quarter of the population lives in and around Mexico City

large urban clusters are spread throughout the eastern half of the US (particularly the Great Lakes area, northeast, east, and southeast) and the western tier states; mountainous areas, principally the Rocky Mountains and Appalachian chain, deserts in the southwest, the dense boreal forests in the extreme north, and the central prairie states are less densely populated; Alaska's population is concentrated along its southern coast - with particular emphasis on the city of Anchorage - and Hawaii's is centered on the island of Oahu

Natural hazards

tsunamis along the Pacific coast, volcanoes and destructive earthquakes in the center and south, and hurricanes on the Pacific, Gulf of Mexico, and Caribbean coasts

volcanism: volcanic activity in the central-southern part of the country; the volcanoes in Baja California are mostly dormant; Colima (3,850 m), which erupted in 2010, is Mexico's most active volcano and is responsible for causing periodic evacuations of nearby villagers; it has been deemed a Decade Volcano by the International Association of Volcanology and Chemistry of the Earth's Interior, worthy of study due to its explosive history and close proximity to human populations; Popocatepetl (5,426 m) poses a threat to Mexico City; other historically active volcanoes include Barcena, Ceboruco, El Chichon, Michoacan-Guanajuato, Pico de Orizaba, San Martin, Socorro, and Tacana

tsunamis; volcanoes; earthquake activity around Pacific Basin; hurricanes along the Atlantic and Gulf of Mexico coasts; tornadoes in the Midwest and Southeast; mud slides in California; forest fires in the west; flooding; permafrost in northern Alaska, a major impediment to development

volcanism: volcanic activity in the Hawaiian Islands, Western Alaska, the Pacific Northwest, and in the Northern Mariana Islands; both Mauna Loa (4,170 m) in Hawaii and Mount Rainier (4,392 m) in Washington have been deemed Decade Volcanoes by the International Association of Volcanology and Chemistry of the Earth's Interior, worthy of study due to their explosive history and close proximity to human populations; Pavlof (2,519 m) is the most active volcano in Alaska's Aleutian Arc and poses a significant threat to air travel since the area constitutes a major flight path between North America and East Asia; St. Helens (2,549 m), famous for the devastating 1980 eruption, remains active today; numerous other historically active volcanoes exist, mostly concentrated in the Aleutian arc and Hawaii; they include: in Alaska: Aniakchak, Augustine, Chiginagak, Fourpeaked, Iliamna, Katmai, Kupreanof, Martin, Novarupta, Redoubt, Spurr, Wrangell, Trident, Ugashik-Peulik, Ukinrek Maars, Veniaminof; in Hawaii: Haleakala, Kilauea, Loihi; in the Northern Mariana Islands: Anatahan; and in the Pacific Northwest: Mount Baker, Mount Hood

Environment - current issues

scarcity of hazardous waste disposal facilities; rural to urban migration; natural freshwater resources scarce and polluted in north, inaccessible and poor quality in center and extreme southeast; raw sewage and industrial effluents polluting rivers in urban areas; deforestation; widespread erosion; desertification; deteriorating agricultural lands; serious air and water pollution in the national capital and urban centers along US-Mexico border; land subsidence in Valley of Mexico caused by groundwater depletion

note: the government considers the lack of clean water and deforestation national security issues

large emitter of carbon dioxide from the burning of fossil fuels; air pollution resulting in acid rain in both the US and Canada; water pollution from runoff of pesticides and fertilizers; limited natural freshwater resources in much of the western part of the country require careful management; desertification

Environment - international agreements

party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Marine Dumping, Marine Life Conservation, Ozone Layer Protection, Ship Pollution, Wetlands, Whaling

signed, but not ratified: none of the selected agreements

party to: Air Pollution, Air Pollution-Nitrogen Oxides, Antarctic-Environmental Protocol, Antarctic-Marine Living Resources, Antarctic Seals, Antarctic Treaty, Climate Change, Desertification, Endangered Species, Environmental Modification, Marine Dumping, Marine Life Conservation, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling

signed, but not ratified: Air Pollution-Persistent Organic Pollutants, Air Pollution-Volatile Organic Compounds, Biodiversity, Climate Change-Kyoto Protocol, Hazardous Wastes

Geography - note

strategic location on southern border of US; corn (maize), one of the world's major grain crops, is thought to have originated in Mexico

world's third-largest country by size (after Russia and Canada) and by population (after China and India); Denali (Mt. McKinley) is the highest point in North America and Death Valley the lowest point on the continent

Area - comparative -

about half the size of Russia; about three-tenths the size of Africa; about half the size of South America (or slightly larger than Brazil); slightly larger than China; more than twice the size of the European Union

People comparison between [Mexico] and [United States]

Mexico United States
Population

124,574,795 (July 2017 est.)

country comparison to the world: 11

326,625,791 (July 2017 est.)

country comparison to the world: 3

Nationality

noun: Mexican(s)

adjective: Mexican

noun: American(s)

adjective: American

Ethnic groups

mestizo (Amerindian-Spanish) 62%, predominantly Amerindian 21%, Amerindian 7%, other 10% (mostly European)

note: Mexico does not collect census data on ethnicity (2012 est.)

white 72.4%, black 12.6%, Asian 4.8%, Amerindian and Alaska native 0.9%, native Hawaiian and other Pacific islander 0.2%, other 6.2%, two or more races 2.9% (2010 est.)

note: a separate listing for Hispanic is not included because the US Census Bureau considers Hispanic to mean persons of Spanish/Hispanic/Latino origin including those of Mexican, Cuban, Puerto Rican, Dominican Republic, Spanish, and Central or South American origin living in the US who may be of any race or ethnic group (white, black, Asian, etc.); an estimated 16.3% of the total US population is Hispanic as of 2010

Languages

Spanish only 92.7%, Spanish and indigenous languages 5.7%, indigenous only 0.8%, unspecified 0.8%

note: indigenous languages include various Mayan, Nahuatl, and other regional languages (2005)

English 79%, Spanish 13%, other Indo-European 3.7%, Asian and Pacific island 3.4%, other 1% (2015 est.)

note: data represent the language spoken at home; the US has no official national language, but English has acquired official status in 32 of the 50 states; Hawaiian is an official language in the state of Hawaii, and 20 indigenous languages are official in Alaska

Religions

Roman Catholic 82.7%, Pentecostal 1.6%, Jehovah's Witness 1.4%, other Evangelical Churches 5%, other 1.9%, none 4.7%, unspecified 2.7% (2010 est.)

Protestant 46.5%, Roman Catholic 20.8%, Jewish 1.9%, Mormon 1.6%, other Christian 0.9%, Muslim 0.9%, Jehovah's Witness 0.8%, Buddhist 0.7%, Hindu 0.7%, other 1.8%, unaffiliated 22.8%, don't know/refused 0.6% (2014 est.)

Dependency ratios

total dependency ratio: 51.4

youth dependency ratio: 41.6

elderly dependency ratio: 9.8

potential support ratio: 10.2 (2015 est.)

total dependency ratio: 51.2

youth dependency ratio: 29

elderly dependency ratio: 22.1

potential support ratio: 4.5 (2015 est.)

Median age

total: 28.3 years

male: 27.2 years

female: 29.4 years (2017 est.)

country comparison to the world: 130

total: 38.1 years

male: 36.8 years

female: 39.4 years (2017 est.)

country comparison to the world: 60

Population growth rate

1.12% (2017 est.)

country comparison to the world: 103

0.81% (2017 est.)

country comparison to the world: 129

Birth rate

18.3 births/1,000 population (2017 est.)

country comparison to the world: 94

12.5 births/1,000 population (2017 est.)

country comparison to the world: 158

Death rate

5.3 deaths/1,000 population (2017 est.)

country comparison to the world: 182

8.2 deaths/1,000 population (2017 est.)

country comparison to the world: 85

Net migration rate

-1.8 migrant(s)/1,000 population (2017 est.)

country comparison to the world: 156

3.9 migrant(s)/1,000 population (2017 est.)

country comparison to the world: 29

Population distribution

most of the population is found in the middle of the country between the states of Jalisco and Veracruz; approximately a quarter of the population lives in and around Mexico City

large urban clusters are spread throughout the eastern half of the US (particularly the Great Lakes area, northeast, east, and southeast) and the western tier states; mountainous areas, principally the Rocky Mountains and Appalachian chain, deserts in the southwest, the dense boreal forests in the extreme north, and the central prarie states are less densely populated; Alaska's population is concentrated along its southern coast - with particular emphasis on the city of Anchorage - and Hawaii's is centered on the island of Oahu

Urbanization

urban population: 79.8% of total population (2017)

rate of urbanization: 1.37% annual rate of change (2015-20 est.)

urban population: 82% of total population (2017)

rate of urbanization: 0.99% annual rate of change (2015-20 est.)

Major urban areas - population

MEXICO CITY (capital) 20.999 million; Guadalajara 4.843 million; Monterrey 4.513 million; Puebla 2.984 million; Toluca de Lerdo 2.164 million; Tijuana 1.987 million (2015)

New York-Newark 18.593 million; Los Angeles-Long Beach-Santa Ana 12.31 million; Chicago 8.745 million; Miami 5.817 million; Dallas-Fort Worth 5.703 million; WASHINGTON, D.C. (capital) 4.955 million (2015)

Sex ratio

at birth: 1.05 male(s)/female

0-14 years: 1.05 male(s)/female

15-24 years: 1.03 male(s)/female

25-54 years: 0.93 male(s)/female

55-64 years: 0.85 male(s)/female

65 years and over: 0.82 male(s)/female

total population: 0.96 male(s)/female (2017 est.)

at birth: NA

0-14 years: 1.04 male(s)/female

15-24 years: 1.05 male(s)/female

25-54 years: 1 male(s)/female

55-64 years: 0.93 male(s)/female

65 years and over: 0.79 male(s)/female

total population: 0.97 male(s)/female (2017 est.)

Mother's mean age at first birth

21.3 years (2008 est.)

26.4 years (2015 est.)

Maternal mortality ratio

38 deaths/100,000 live births (2015 est.)

country comparison to the world: 107

14 deaths/100,000 live births (2015 est.)

country comparison to the world: 138

Infant mortality rate

total: 11.6 deaths/1,000 live births

male: 13 deaths/1,000 live births

female: 10.1 deaths/1,000 live births (2017 est.)

country comparison to the world: 125

total: 5.8 deaths/1,000 live births

male: 6.3 deaths/1,000 live births

female: 5.3 deaths/1,000 live births (2017 est.)

country comparison to the world: 170

Life expectancy at birth

total population: 76.1 years

male: 73.3 years

female: 79 years (2017 est.)

country comparison to the world: 90

total population: 80 years

male: 77.7 years

female: 82.2 years (2017 est.)

country comparison to the world: 43

Total fertility rate

2.24 children born/woman (2017 est.)

country comparison to the world: 95

1.87 children born/woman (2017 est.)

country comparison to the world: 143

Contraceptive prevalence rate

66.9% (2015)

74.1%

note: percent of women aged 15-44 (2011/13)

Health expenditures

6.3% of GDP (2014)

country comparison to the world: 100

17.1% of GDP (2014)

country comparison to the world: 1

Physicians density

2.23 physicians/1,000 population (2015)

2.57 physicians/1,000 population (2014)

Hospital bed density

1.5 beds/1,000 population (2015)

2.9 beds/1,000 population (2013)

Drinking water source

improved:

urban: 97.2% of population

rural: 92.1% of population

total: 96.1% of population

unimproved:

urban: 2.8% of population

rural: 7.9% of population

total: 3.9% of population (2015 est.)

improved:

urban: 99.4% of population

rural: 98.2% of population

total: 99.2% of population

unimproved:

urban: 0.6% of population

rural: 1.8% of population

total: 0.8% of population (2015 est.)

Sanitation facility access

improved:

urban: 88% of population

rural: 74.5% of population

total: 85.2% of population

unimproved:

urban: 12% of population

rural: 25.5% of population

total: 14.8% of population (2015 est.)

improved:

urban: 100% of population

rural: 100% of population

total: 100% of population

unimproved:

urban: 0% of population

rural: 0% of population

total: 0% of population (2015 est.)

HIV/AIDS - adult prevalence rate

0.3% (2016 est.)

country comparison to the world: 87

NA

HIV/AIDS - people living with HIV/AIDS

220,000 (2016 est.)

country comparison to the world: 28

NA

HIV/AIDS - deaths

4,200 (2016 est.)

country comparison to the world: 33

NA

Major infectious diseases

degree of risk: intermediate

food or waterborne diseases: bacterial diarrhea and hepatitis A

vectorborne disease: dengue fever

note: active local transmission of Zika virus by Aedes species mosquitoes has been identified in this country (as of August 2016); it poses an important risk (a large number of cases possible) among US citizens if bitten by an infective mosquito; other less common ways to get Zika are through sex, via blood transfusion, or during pregnancy, in which the pregnant woman passes Zika virus to her fetus (2016)

-
Obesity - adult prevalence rate

28.9% (2016)

country comparison to the world: 29

36.2% (2016)

country comparison to the world: 12

Children under the age of 5 years underweight

3.9% (2015)

country comparison to the world: 117

0.5% (2012)

country comparison to the world: 136

Education expenditures

5.3% of GDP (2014)

country comparison to the world: 72

5% of GDP (2014)

country comparison to the world: 63

Literacy

definition: age 15 and over can read and write

total population: 94.5%

male: 95.5%

female: 93.5% (2015 est.)

-
School life expectancy (primary to tertiary education)

total: 13 years

male: 13 years

female: 13 years (2014)

total: 17 years

male: 16 years

female: 17 years (2014)

Unemployment, youth ages 15-24

total: 7.7%

male: 7.2%

female: 8.8% (2016 est.)

country comparison to the world: 137

total: 10.4%

male: 11.4%

female: 9.3% (2016 est.)

country comparison to the world: 127

Government comparison between [Mexico] and [United States]

Mexico United States
Country name

conventional long form: United Mexican States

conventional short form: Mexico

local long form: Estados Unidos Mexicanos

local short form: Mexico

etymology: named after the Mexica, the largest and most powerful branch of the Aztecs; the meaning of the name is uncertain

conventional long form: United States of America

conventional short form: United States

abbreviation: US or USA

etymology: the name America is derived from that of Amerigo VESPUCCI (1454-1512) - Italian explorer, navigator, and cartographer - using the Latin form of his name, Americus, feminized to America

Government type

federal presidential republic

constitutional federal republic

Capital

name: Mexico City (Ciudad de Mexico)

geographic coordinates: 19 26 N, 99 08 W

time difference: UTC-6 (1 hour behind Washington, DC, during Standard Time)

daylight saving time: +1hr, begins first Sunday in April; ends last Sunday in October

note: Mexico has four time zones

name: Washington, DC

geographic coordinates: 38 53 N, 77 02 W

time difference: UTC-5 (during Standard Time)

daylight saving time: +1hr, begins second Sunday in March; ends first Sunday in November

note: the 50 United States cover six time zones

Administrative divisions

31 states (estados, singular - estado) and 1 city* (ciudad); Aguascalientes, Baja California, Baja California Sur, Campeche, Chiapas, Chihuahua, Coahuila, Colima, Cuidad de Mexico*, Durango, Guanajuato, Guerrero, Hidalgo, Jalisco, Mexico, Michoacan, Morelos, Nayarit, Nuevo Leon, Oaxaca, Puebla, Queretaro, Quintana Roo, San Luis Potosi, Sinaloa, Sonora, Tabasco, Tamaulipas, Tlaxcala, Veracruz, Yucatan, Zacatecas

50 states and 1 district*; Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia*, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming

Independence

16 September 1810 (declared independence from Spain); 27 September 1821 (recognized by Spain)

4 July 1776 (declared independence from Great Britain); 3 September 1783 (recognized by Great Britain)

National holiday

Independence Day, 16 September (1810)

Independence Day, 4 July (1776)

Constitution

several previous; latest approved 5 February 1917; amended many times, last in 2017 (2017)

previous 1781 (Articles of Confederation and Perpetual Union); latest drafted July - September 1787, submitted to the Congress of the Confederation 20 September 1787, submitted for states' ratification 28 September 1787, ratification completed by nine states 21 June 1788, effective 4 March 1789; amended many times, last in 1992 (2016)

Legal system

civil law system with US constitutional law influence; judicial review of legislative acts

common law system based on English common law at the federal level; state legal systems based on common law except Louisiana, which is based on Napoleonic civil code; judicial review of legislative acts

International law organization participation

accepts compulsory ICJ jurisdiction with reservations; accepts ICCt jurisdiction

withdrew acceptance of compulsory ICJ jurisdiction in 2005; withdrew acceptance of ICCt jurisdiction in 2002

Citizenship

citizenship by birth: yes

citizenship by descent: yes

dual citizenship recognized: not specified

residency requirement for naturalization: 5 years

citizenship by birth: yes

citizenship by descent: yes

dual citizenship recognized: no, but the US government acknowledges such situtations exist; US citizens are not encouraged to seek dual citizenship since it limits protection by the US

residency requirement for naturalization: 5 years

Suffrage

18 years of age; universal and compulsory

18 years of age; universal

Executive branch

chief of state: President Enrique PENA NIETO (since 1 December 2012); note - the president is both chief of state and head of government

head of government: President Enrique PENA NIETO (since 1 December 2012)

cabinet: Cabinet appointed by the president; note - appointment of attorney general, the head of the Bank of Mexico, and senior treasury officials require consent of the Senate

elections/appointments: president directly elected by simple majority popular vote for a single 6-year term; election last held on 1 July 2012 (next to be held in July 2018)

election results: Enrique PENA NIETO elected president; percent of vote - Enrique PENA NIETO (PRI) 38.2%, Andres Manuel LOPEZ OBRADOR (PRD) 31.6%, Josefina Eugenia VAZQUEZ Mota (PAN) 25.4%, other 4.8%

chief of state: President Donald J. TRUMP (since 20 January 2017); Vice President Michael R. PENCE (since 20 January 2017); note - the president is both chief of state and head of government

head of government: President Donald J. TRUMP (since 20 January 2017); Vice President Michael R. PENCE (since 20 January 2017)

cabinet: Cabinet appointed by the president, approved by the Senate

elections/appointments: president and vice president indirectly elected on the same ballot by the Electoral College of 'electors' chosen from each state; president and vice president serve a 4-year term (eligible for a second term); election last held on 8 November 2016 (next to be held on 10 November 2020)

election results: Donald J. TRUMP elected president; electoral vote - Donald J. TRUMP (Republican Party) 304, Hillary D. CLINTON (Democratic Party) 227, other 7; percent of direct popular vote - Hillary D. CLINTON 48.2%, Donald J. TRUMP 46.1%, other 5.7%

Legislative branch

description: bicameral National Congress or Congreso de la Union consists of the Senate or Camara de Senadores (128 seats; 96 members directly elected in multi-seat constituencies by simple majority vote and 32 directly elected in a single, nationwide constituency by proportional representation vote; members serve 6-year terms) and the Chamber of Deputies or Camara de Diputados (500 seats; 300 members directly elected in single-seat constituencies by simple majority vote and 200 directly elected in a single, nationwide constituency by proportional representation vote; members serve 3-year terms)

note: for the 2018 elections, senators will be eligible for a second term and deputies up to 4 consecutive terms

elections: Senate - last held on 1 July 2012 (next to be held on 1 July 2018); Chamber of Deputies - last held on 7 June 2015 (next to be held on 1 July 2018)

election results: Senate - percent of vote by party - NA; seats by party - PRI 52, PAN 38, PRD 22, PVEM 9, PT 4, MC 2, PANAL 1;

Chamber of Deputies - percent of vote by party - NA; seats by party - PRI 203, PAN 108, PRD 56, PVEM 47, MORENA 35, MC 26, PANAL 10, PES 8, PT 6, independent 1

description: bicameral Congress consists of the Senate (100 seats; 2 members directly elected in each of the 50 state constituencies by simple majority vote except in Georgia and Louisiana which require an absolute majority vote with a second round if needed; members serve 6-year terms with one-third of membership renewed every 2 years) and the House of Representatives (435 seats; members directly elected in single-seat constituencies by simple majority vote except in Georgia which requires an absolute majority vote with a second round if needed; members serve 2-year terms)

elections: Senate - last held on 8 November 2016 (next to be held on 6 November 2018); House of Representatives - last held on 8 November 2016 (next to be held on 6 November 2018)

election results: Senate - percent of vote by party - NA; seats by party - Republican Party 24, Democratic Party 10; House of Representatives - percent of vote by party - NA; seats by party - Republican Party 241, Democratic Party 194,

note: in addition to the regular members of the House of Representatives there are 6 non-voting delegates elected from the District of Columbia and the US territories of American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, and the Virgin Islands; these are single seat constituencies directly elected by simple majority vote to serve a 2-year term (except for the resident commissioner of Puerto Rico who serves a 4-year term); the delegate can vote when serving on a committee and when the House meets as the Committee of the Whole House, but not when legislation is submitted for a “full floor” House vote; election of delegates last held on 8 November 2016 (next to be held on 6 November 2018)

Judicial branch

highest court(s): Supreme Court of Justice or Suprema Corte de Justicia de la Nacion (consists of the chief justice and 11 justices and organized into civil, criminal, administrative, and labor panels) and the Electoral Tribunal of the Federal Judiciary (organized into the superior court, with 7 judges including the court president and 5 regional courts, each with 3 judges)

judge selection and term of office: Supreme Court justices nominated by the president of the republic and approved by two-thirds vote of the members present in the Senate; justices serve for life; Electoral Tribunal superior and regional court judges nominated by the Supreme Court and elected by two-thirds vote of members present in the Senate; superior court president elected from among its members to hold office for a 4-year term; other judges of the superior and regional courts serve staggered, 9-year terms

subordinate courts: federal level includes circuit, collegiate, and unitary courts; state and district level courts

highest court(s): US Supreme Court (consists of 9 justices - the chief justice and 8 associate justices)

judge selection and term of office: president nominates and, with the advice and consent of the Senate, appoints Supreme Court justices; justices appointed for life

subordinate courts: Courts of Appeal (includes the US Court of Appeal for the Federal District and 12 regional appeals courts); 94 federal district courts in 50 states and territories

note: the US court system consists of the federal court system and the state court systems; although each court system is responsible for hearing certain types of cases, neither is completely independent of the other, and the systems often interact

Political parties and leaders

Citizen's Movement (Movimiento Ciudadano) or MC [Dante DELGADO Rannaoro]

Institutional Revolutionary Party (Partido Revolucionario Institucional) or PRI [Enrique OCHOA Reza]

Labor Party (Partido del Trabajo) or PT [Alberto ANAYA Gutierrez]

Mexican Green Ecological Party (Partido Verde Ecologista de Mexico) or PVEM [Carlos Alberto PUENTE Salas]

Movement for National Regeneration (Movimiento Regeneracion Nacional) or MORENA [Andres Manuel LOPEZ Obrador]

National Action Party (Partido Accion Nacional) or PAN [Damian ZEPEDA Vidales]

New Alliance Party (Partido Nueva Alianza) or PNA/PANAL [Luis CASTRO Obregon]

Party of the Democratic Revolution (Partido de la Revolucion Democratica) or PRD [Manuel GRANADOS]

Social Encounter Party (Partido Encuentro Social) or PES [Hugo Eric FLORES Cervantes]

Democratic Party [Tom PEREZ]

Green Party [collective leadership]

Libertarian Party [Nicholas SARWARK]

Republican Party [Ronna Romney MCDANIEL]

Political pressure groups and leaders

Businessmen's Coordinating Council or CCE

Confederation of Employers of the Mexican Republic or COPARMEX

Confederation of Industrial Chambers or CONCAMIN

Confederation of Mexican Workers or CTM

Confederation of National Chambers of Commerce or CONCANACO

Coordinator for Foreign Trade Business Organizations or COECE

Federation of Unions Providing Goods and Services or FESEBES

National Chamber of Transformation Industries or CANACINTRA

National Confederation of Popular Organizations or CNOP

National Coordinator for Education Workers or CNTE

National Peasant Confederation or CNC

National Small Business Chamber or CANACOPE

National Syndicate of Education Workers or SNTE

National Union of Workers or UNT

Popular Assembly of the People of Oaxaca or APPO

Roman Catholic Church

environmentalists; business groups; labor unions; churches; ethnic groups; political action committees or PACs; health groups; education groups; civic groups; youth groups; transportation groups; agricultural groups; veterans groups; women's groups; reform lobbies

International organization participation

APEC, Australia Group, BCIE, BIS, CAN (observer), Caricom (observer), CD, CDB, CE (observer), CELAC, CSN (observer), EBRD, FAO, FATF, G-3, G-15, G-20, G-24, G-5, IADB, IAEA, IBRD, ICAO, ICC (national committees), ICCt, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC (NGOs), LAES, LAIA, MIGA, NAFTA, NAM (observer), NEA, NSG, OAS, OECD, OPANAL, OPCW, Pacific Alliance, Paris Club (associate), PCA, SICA (observer), UN, UNASUR (observer), UNCTAD, UNESCO, UNHCR, UNIDO, Union Latina (observer), UNWTO, UPU, WCO, WFTU (NGOs), WHO, WIPO, WMO, WTO

ADB (nonregional member), AfDB (nonregional member), ANZUS, APEC, Arctic Council, ARF, ASEAN (dialogue partner), Australia Group, BIS, BSEC (observer), CBSS (observer), CD, CE (observer), CERN (observer), CICA (observer), CP, EAPC, EAS, EBRD, EITI (implementing country), FAO, FATF, G-5, G-7, G-8, G-10, G-20, IADB, IAEA, IBRD, ICAO, ICC (national committees), ICRM, IDA, IEA, IFAD, IFC, IFRCS, IGAD (partners), IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, ISO, ITSO, ITU, ITUC (NGOs), MIGA, MINUSMA, MINUSTAH, MONUSCO, NAFTA, NATO, NEA, NSG, OAS, OECD, OPCW, OSCE, Pacific Alliance (observer), Paris Club, PCA, PIF (partner), SAARC (observer), SELEC (observer), SICA (observer), SPC, UN, UNCTAD, UNESCO, UNHCR, UNITAR, UNMIL, UNMISS, UNRWA, UNSC (permanent), UNTSO, UPU, WCO, WHO, WIPO, WMO, WTO, ZC

Diplomatic representation in the US

chief of mission: Ambassador Geronimo GUTIERREZ Fernandez (since 24 April 2017)

chancery: 1911 Pennsylvania Avenue NW, Washington, DC 20006

telephone: [1] (202) 728-1600

FAX: [1] (202) 728-1698

consulate(s) general: Atlanta, Austin, Boston, Chicago, Dallas, Denver, El Paso (TX), Houston, Laredo (TX), Los Angeles, Miami, New York, Nogales (AZ), Phoenix, Sacramento (CA), San Antonio (TX), San Diego, San Francisco, San Jose (CA), San Juan (Puerto Rico), Saint Paul (MN)

consulate(s): Albuquerque (NM), Anchorage (AK), Boise (ID), Brownsville (TX), Calexico (CA), Del Rio (TX), Detroit, Douglas (AZ), Eagle Pass (TX), Fresno (CA), Indianapolis (IN), Kansas City (MO), Las Vegas, Little Rock (AR), McAllen (TX), Minneapolis (MN), New Orleans, Omaha (NE), Orlando (FL), Oxnard (CA), Philadelphia, Portland (OR), Presidio (TX), Raleigh (NC), Salt Lake City, San Bernardino (CA), Santa Ana (CA), Seattle, Tucson (AZ), Yuma (AZ); note - Washington DC Consular Section is located in a separate building from the Mexican Embassy and has jurisdiction over DC, parts of Virginia, Maryland, and West Virginia

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Diplomatic representation from the US

chief of mission: Ambassador Roberta JACOBSON (since 20 June 2016)

embassy: Paseo de la Reforma 305, Colonia Cuauhtemoc, 06500 Mexico, Distrito Federal

mailing address: P. O. Box 9000, Brownsville, TX 78520-9000

telephone: (01-55) 5080-2000

FAX: (01-55) 5080-2005

consulate(s) general: Ciudad Juarez, Guadalajara, Hermosillo, Matamoros, Merida, Monterrey, Nogales, Nuevo Laredo, Tijuana

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Flag description

three equal vertical bands of green (hoist side), white, and red; Mexico's coat of arms (an eagle with a snake in its beak perched on a cactus) is centered in the white band; green signifies hope, joy, and love; white represents peace and honesty; red stands for hardiness, bravery, strength, and valor; the coat of arms is derived from a legend that the wandering Aztec people were to settle at a location where they would see an eagle on a cactus eating a snake; the city they founded, Tenochtitlan, is now Mexico City

note: similar to the flag of Italy, which is shorter, uses lighter shades of red and green, and does not display anything in its white band

13 equal horizontal stripes of red (top and bottom) alternating with white; there is a blue rectangle in the upper hoist-side corner bearing 50 small, white, five-pointed stars arranged in nine offset horizontal rows of six stars (top and bottom) alternating with rows of five stars; the 50 stars represent the 50 states, the 13 stripes represent the 13 original colonies; the blue stands for loyalty, devotion, truth, justice, and friendship; red symbolizes courage, zeal, and fervency, while white denotes purity and rectitude of conduct; commonly referred to by its nickname of Old Glory

note: the design and colors have been the basis for a number of other flags, including Chile, Liberia, Malaysia, and Puerto Rico

National symbol(s)

golden eagle; national colors: green, white, red

bald eagle; national colors: red, white, blue

National anthem

name: "Himno Nacional Mexicano" (National Anthem of Mexico)

lyrics/music: Francisco Gonzalez BOCANEGRA/Jaime Nuno ROCA

note: adopted 1943, in use since 1854; also known as "Mexicanos, al grito de Guerra" (Mexicans, to the War Cry); according to tradition, Francisco Gonzalez BOCANEGRA, an accomplished poet, was uninterested in submitting lyrics to a national anthem contest; his fiancee locked him in a room and refused to release him until the lyrics were completed

name: "The Star-Spangled Banner"

lyrics/music: Francis Scott KEY/John Stafford SMITH

note: adopted 1931; during the War of 1812, after witnessing the successful American defense of Fort McHenry in Baltimore following British naval bombardment, Francis Scott KEY wrote the lyrics to what would become the national anthem; the lyrics were set to the tune of "The Anacreontic Song"; only the first verse is sung

Dependent areas -

American Samoa, Baker Island, Guam, Howland Island, Jarvis Island, Johnston Atoll, Kingman Reef, Midway Islands, Navassa Island, Northern Mariana Islands, Palmyra Atoll, Puerto Rico, Virgin Islands, Wake Island

note: from 18 July 1947 until 1 October 1994, the US administered the Trust Territory of the Pacific Islands; it entered into a political relationship with all four political entities: the Northern Mariana Islands is a commonwealth in political union with the US (effective 3 November 1986); the Republic of the Marshall Islands signed a Compact of Free Association with the US (effective 21 October 1986); the Federated States of Micronesia signed a Compact of Free Association with the US (effective 3 November 1986); Palau concluded a Compact of Free Association with the US (effective 1 October 1994)

Economy comparison between [Mexico] and [United States]

Mexico United States
Economy - overview

Mexico's $2.4 trillion economy – 11th largest in the world - has become increasingly oriented toward manufacturing since the North American Free Trade Agreement (NAFTA) entered into force in 1994. Per capita income is roughly one-third that of the US; income distribution remains highly unequal.

Mexico has become the US' second-largest export market and third-largest source of imports. In 2016, two-way trade in goods and services exceeded $579 billion. Mexico has free trade agreements with 46 countries, putting more than 90% of its trade under free trade agreements. In 2012, Mexico formed the Pacific Alliance with Peru, Colombia, and Chile.

Mexico's current government, led by President Enrique PENA NIETO, has emphasized economic reforms, passing and implementing sweeping energy, financial, fiscal, and telecommunications reform legislation, among others, with the long-term aim to improve competitiveness and economic growth across the Mexican economy. Since 2015, Mexico has held public auctions of oil and gas exploration and development rights and for long-term electric power generation contracts. Mexico has also issued permits for private sector import, distribution, and retail sales of refined petroleum products in an effort to attract private investment into the energy sector and boost production.

Since 2013, Mexico’s economic growth has averaged 2% annually, falling short of private-sector expectations that President PENA NIETO’s sweeping reforms would bolster economic prospects. Growth is predicted to remain below potential given falling oil production, weak oil prices, structural issues such as low productivity, high inequality, a large informal sector employing over half of the workforce, weak rule of law, and corruption. In 2018, Mexico’s economy will be vulnerable to uncertainty surrounding the future of NAFTA—because the US is its top trading partner and the two countries share integrated supply chains—and to potential shifts in domestic policies following the inauguration of a new a president in December 2018.

The US has the most technologically powerful economy in the world, with a per capita GDP of $59,500. US firms are at or near the forefront in technological advances, especially in computers, pharmaceuticals, and medical, aerospace, and military equipment; however, their advantage has narrowed since the end of World War II. Based on a comparison of GDP measured at purchasing power parity conversion rates, the US economy in 2014, having stood as the largest in the world for more than a century, slipped into second place behind China, which has more than tripled the US growth rate for each year of the past four decades.

In the US, private individuals and business firms make most of the decisions, and the federal and state governments buy needed goods and services predominantly in the private marketplace. US business firms enjoy greater flexibility than their counterparts in Western Europe and Japan in decisions to expand capital plant, to lay off surplus workers, and to develop new products. At the same time, businesses face higher barriers to enter their rivals' home markets than foreign firms face entering US markets.

Long-term problems for the US include stagnation of wages for lower-income families, inadequate investment in deteriorating infrastructure, rapidly rising medical and pension costs of an aging population, energy shortages, and sizable current account and budget deficits.

The onrush of technology has been a driving factor in the gradual development of a "two-tier" labor market in which those at the bottom lack the education and the professional/technical skills of those at the top and, more and more, fail to get comparable pay raises, health insurance coverage, and other benefits. But the globalization of trade, and especially the rise of low-wage producers such as China, has put additional downward pressure on wages and upward pressure on the return to capital. Since 1975, practically all the gains in household income have gone to the top 20% of households. Since 1996, dividends and capital gains have grown faster than wages or any other category of after-tax income.

Imported oil accounts for more than 50% of US consumption and oil has a major impact on the overall health of the economy. Crude oil prices doubled between 2001 and 2006, the year home prices peaked; higher gasoline prices ate into consumers' budgets and many individuals fell behind in their mortgage payments. Oil prices climbed another 50% between 2006 and 2008, and bank foreclosures more than doubled in the same period. Besides dampening the housing market, soaring oil prices caused a drop in the value of the dollar and a deterioration in the US merchandise trade deficit, which peaked at $840 billion in 2008. Because the US economy is energy-intensive, falling oil prices since 2013 have alleviated many of the problems the earlier increases had created.

The sub-prime mortgage crisis, falling home prices, investment bank failures, tight credit, and the global economic downturn pushed the US into a recession by mid-2008. GDP contracted until the third quarter of 2009, the deepest and longest downturn since the Great Depression. To help stabilize financial markets, the US Congress established a $700 billion Troubled Asset Relief Program (TARP) in October 2008. The government used some of these funds to purchase equity in US banks and industrial corporations, much of which had been returned to the government by early 2011. In January 2009, Congress passed and former President Barack OBAMA signed a bill providing an additional $787 billion fiscal stimulus to be used over 10 years - two-thirds on additional spending and one-third on tax cuts - to create jobs and to help the economy recover. In 2010 and 2011, the federal budget deficit reached nearly 9% of GDP. In 2012, the Federal Government reduced the growth of spending and the deficit shrank to 7.6% of GDP. US revenues from taxes and other sources are lower, as a percentage of GDP, than those of most other countries.

Wars in Iraq and Afghanistan required major shifts in national resources from civilian to military purposes and contributed to the growth of the budget deficit and public debt. Through FY 2018, the direct costs of the wars will have totaled more than $1.9 trillion, according to US Government figures.

In March 2010, former President OBAMA signed into law the Patient Protection and Affordable Care Act (ACA), a health insurance reform that was designed to extend coverage to an additional 32 million Americans by 2016, through private health insurance for the general population and Medicaid for the impoverished. Total spending on healthcare - public plus private - rose from 9.0% of GDP in 1980 to 17.9% in 2010.

In July 2010, the former president signed the DODD-FRANK Wall Street Reform and Consumer Protection Act, a law designed to promote financial stability by protecting consumers from financial abuses, ending taxpayer bailouts of financial firms, dealing with troubled banks that are "too big to fail," and improving accountability and transparency in the financial system - in particular, by requiring certain financial derivatives to be traded in markets that are subject to government regulation and oversight.

In December 2012, the Federal Reserve Board (Fed) announced plans to purchase $85 billion per month of mortgage-backed and Treasury securities in an effort to hold down long-term interest rates, and to keep short-term rates near zero until unemployment dropped below 6.5% or inflation rose above 2.5%. The Fed ended its purchases during the summer of 2014, after the unemployment rate dropped to 6.2%, inflation stood at 1.7%, and public debt fell below 74% of GDP. In December 2015, the Fed raised its target for the benchmark federal funds rate by 0.25%, the first increase since the recession began. With continued low growth, the Fed opted to raise rates several times since then, and in December 2017, the target rate stood at 1.5%.

In December 2017, Congress passed and President Donald TRUMP signed the Tax Cuts and Jobs Act, which, among its various provisions, reduces the corporate tax rate from 35% to 21%; lowers the individual tax rate for those with the highest incomes from 39.6% to 37%, and by lesser percentages for those at lower income levels; changes many deductions and credits used to calculate taxable income; and eliminates in 2019 the penalty imposed on taxpayers who do not obtain the minimum amount of health insurance required under the ACA. The new taxes took effect on 1 January 2018; the tax cut for corporations are permanent, but those for individuals are scheduled to expire after 2025. The Joint Committee on Taxation (JCT) under the Congressional Budget Office estimates that the new law will reduce tax revenues and increase the federal deficit by about $1.45 trillion over the 2018-2027 period. This amount would decline if economic growth were to exceed the JCT’s estimate.

GDP (purchasing power parity)

$2.406 trillion (2017 est.)

$2.356 trillion (2016 est.)

$2.303 trillion (2015 est.)

note: data are in 2017 dollars

country comparison to the world: 12

$19.36 trillion (2017 est.)

$18.95 trillion (2016 est.)

$18.67 trillion (2015 est.)

note: data are in 2017 dollars

country comparison to the world: 3

GDP (official exchange rate)

$1.142 trillion (2017 est.)

$19.36 trillion (2017 est.)

GDP - real growth rate

2.1% (2017 est.)

2.3% (2016 est.)

2.7% (2015 est.)

country comparison to the world: 149

2.2% (2017 est.)

1.5% (2016 est.)

2.9% (2015 est.)

country comparison to the world: 144

GDP - per capita (PPP)

$19,500 (2017 est.)

$19,300 (2016 est.)

$19,000 (2015 est.)

note: data are in 2017 dollars

country comparison to the world: 90

$59,500 (2017 est.)

$58,600 (2016 est.)

$58,200 (2015 est.)

note: data are in 2017 dollars

country comparison to the world: 20

Gross national saving

21.2% of GDP (2017 est.)

21.1% of GDP (2016 est.)

20.4% of GDP (2015 est.)

country comparison to the world: 81

17.5% of GDP (2017 est.)

18% of GDP (2016 est.)

19.4% of GDP (2015 est.)

country comparison to the world: 105

GDP - composition, by end use

household consumption: 68%

government consumption: 12.5%

investment in fixed capital: 22.1%

investment in inventories: -1.3%

exports of goods and services: 37.4%

imports of goods and services: -38.7% (2017 est.)

household consumption: 69.1%

government consumption: 17.2%

investment in fixed capital: 16.3%

investment in inventories: 0.3%

exports of goods and services: 12.2%

imports of goods and services: -15.1% (2017 est.)

GDP - composition, by sector of origin

agriculture: 3.9%

industry: 31.6%

services: 64% (2017 est.)

agriculture: 0.9%

industry: 18.9%

services: 80.2%

(2017 est.)

Agriculture - products

corn, wheat, soybeans, rice, beans, cotton, coffee, fruit, tomatoes; beef, poultry, dairy products; wood products

wheat, corn, other grains, fruits, vegetables, cotton; beef, pork, poultry, dairy products; fish; forest products

Industries

food and beverages, tobacco, chemicals, iron and steel, petroleum, mining, textiles, clothing, motor vehicles, consumer durables, tourism

highly diversified, world leading, high-technology innovator, second-largest industrial output in the world; petroleum, steel, motor vehicles, aerospace, telecommunications, chemicals, electronics, food processing, consumer goods, lumber, mining

Industrial production growth rate

0% (2017 est.)

country comparison to the world: 187

1.8% (2017 est.)

country comparison to the world: 144

Labor force

54.51 million (2017 est.)

country comparison to the world: 13

160.4 million

note: includes unemployed (2017 est.)

country comparison to the world: 4

Labor force - by occupation

agriculture: 13.4%

industry: 24.1%

services: 61.9% (2011 est.)

farming, forestry, and fishing: 0.7%

manufacturing, extraction, transportation, and crafts: 20.3%

managerial, professional, and technical: 37.3%

sales and office: 24.2%

other services: 17.6%

note: figures exclude the unemployed

(2009 est.)

Unemployment rate

3.6% (2017 est.)

3.9% (2016 est.)

note: underemployment may be as high as 25%

country comparison to the world: 40

4.4% (2017 est.)

4.9% (2016 est.)

country comparison to the world: 60

Population below poverty line

46.2%

note: from a food-based definition of poverty; asset-based poverty amounted to more than 47% (2014 est.)

15.1% (2010 est.)

Household income or consumption by percentage share

lowest 10%: 2%

highest 10%: 40% (2014 est.)

lowest 10%: 2%

highest 10%: 30% (2007 est.)

Distribution of family income - Gini index

48.2 (2014 est.)

48.3 (2008 est.)

country comparison to the world: 25

45 (2007 est.)

40.8 (1997 est.)

country comparison to the world: 41

Budget

revenues: $292.8 billion

expenditures: $314.9 billion (2017 est.)

revenues: $3.336 trillion

expenditures: $3.991 trillion

note: for the US, revenues exclude social contributions of approximately $1.0 trillion; expenditures exclude social benefits of approximately $2.3 trillion (2017 est.)

Taxes and other revenues

25.6% of GDP (2017 est.)

country comparison to the world: 109

17.2% of GDP

note: excludes contributions for social security and other programs; if social contributions were added, taxes and other revenues would amount to approximately 22% of GDP (2017 est.)

country comparison to the world: 176

Budget surplus (+) or deficit (-)

-1.9% of GDP (2017 est.)

country comparison to the world: 82

-3.4% of GDP (2017 est.)

country comparison to the world: 128

Public debt

51.5% of GDP (2017 est.)

50.2% of GDP (2016 est.)

country comparison to the world: 99

77.4% of GDP (2017 est.)

76.5% of GDP (2016 est.)

note: data cover only what the United States Treasury denotes as "Debt Held by the Public," which includes all debt instruments issued by the Treasury that are owned by non-US Government entities; the data include Treasury debt held by foreign entities; the data exclude debt issued by individual US states, as well as intra-governmental debt; intra-governmental debt consists of Treasury borrowings from surpluses in the trusts for Federal Social Security, Federal Employees, Hospital and Supplemental Medical Insurance (Medicare), Disability and Unemployment, and several other smaller trusts; if data for intra-government debt were added, "gross debt" would increase by about one-third of GDP

country comparison to the world: 43

Fiscal year

calendar year

1 October - 30 September

Inflation rate (consumer prices)

5.9% (2017 est.)

2.8% (2016 est.)

country comparison to the world: 181

2.1% (2017 est.)

1.3% (2016 est.)

country comparison to the world: 97

Central bank discount rate

6.25% (31 December 2017 est.)

5.25% (31 December 2016 est.)

country comparison to the world: 66

0.5% (31 December 2010 est.)

0.5% (31 December 2009 est.)

country comparison to the world: 134

Commercial bank prime lending rate

7.3% (31 December 2017 est.)

4.72% (31 December 2016 est.)

country comparison to the world: 115

4.3% (31 December 2017 est.)

3.51% (31 December 2016 est.)

country comparison to the world: 156

Stock of narrow money

$235.5 billion (31 December 2017 est.)

$186.8 billion (31 December 2016 est.)

country comparison to the world: 24

$3.627 trillion (31 December 2017 est.)

$3.25 trillion (31 December 2016 est.)

country comparison to the world: 4

Stock of broad money

$772.5 billion (31 December 2017 est.)

$603 billion (31 December 2016 est.)

country comparison to the world: 18

$14 trillion (31 December 2017 est.)

$12.84 trillion (31 December 2016 est.)

country comparison to the world: 2

Stock of domestic credit

$510.2 billion (31 December 2017 est.)

$393.8 billion (31 December 2016 est.)

country comparison to the world: 27

$21.59 trillion (31 December 2017 est.)

$20.24 trillion (31 December 2016 est.)

country comparison to the world: 2

Market value of publicly traded shares

$402.3 billion (31 December 2015 est.)

$480.2 billion (31 December 2014 est.)

$526 billion (31 December 2013 est.)

country comparison to the world: 26

$25.07 trillion (31 December 2015 est.)

$26.33 trillion (31 December 2014 est.)

$24.03 trillion (31 December 2013 est.)

country comparison to the world: 1

Current account balance

$-19.81 billion (2017 est.)

$-22.97 billion (2016 est.)

country comparison to the world: 190

$-462 billion (2017 est.)

$-451.7 billion (2016 est.)

country comparison to the world: 201

Exports

$406.5 billion (2017 est.)

$374.3 billion (2016 est.)

country comparison to the world: 13

$1.576 trillion (2017 est.)

$1.456 trillion (2016 est.)

country comparison to the world: 3

Exports - commodities

manufactured goods, electronics, vehicles and auto parts, oil and oil products, silver, plastics, fruits, vegetables, coffee, cotton; Mexico is the world's leading producer of silver

agricultural products (soybeans, fruit, corn) 9.2%, industrial supplies (organic chemicals) 26.8%, capital goods (transistors, aircraft, motor vehicle parts, computers, telecommunications equipment) 49.0%, consumer goods (automobiles, medicines) 15.0% (2008 est.)

Exports - partners

US 81% (2016)

Canada 18.3%, Mexico 15.9%, China 8%, Japan 4.4% (2016)

Imports

$417.3 billion (2017 est.)

$387.4 billion (2016 est.)

country comparison to the world: 14

$2.352 trillion (2017 est.)

$2.208 trillion (2016 est.)

country comparison to the world: 1

Imports - commodities

metalworking machines, steel mill products, agricultural machinery, electrical equipment, automobile parts for assembly and repair, aircraft, aircraft parts, plastics, natural gas and oil products

agricultural products 4.9%, industrial supplies 32.9% (crude oil 8.2%), capital goods 30.4% (computers, telecommunications equipment, motor vehicle parts, office machines, electric power machinery), consumer goods 31.8% (automobiles, clothing, medicines, furniture, toys) (2008 est.)

Imports - partners

US 46.6%, China 18%, Japan 4.6% (2016)

China 21.1%, Mexico 13.4%, Canada 12.7%, Japan 6%, Germany 5.2% (2016)

Reserves of foreign exchange and gold

$189.2 billion (31 December 2017 est.)

$178.4 billion (31 December 2016 est.)

note: Mexico also maintains access to an $88 million Flexible Credit Line with the IMF

country comparison to the world: 14

$117.3 billion (31 December 2016 est.)

$117.6 billion (31 December 2015 est.)

country comparison to the world: 22

Debt - external

$480.5 billion (31 December 2017 est.)

$450.2 billion (31 December 2016 est.)

country comparison to the world: 27

$17.91 trillion (31 March 2016 est.)

$17.85 trillion (31 March 2015 est.)

note: approximately 4/5ths of US external debt is denominated in US dollars; foreign lenders have been willing to hold US dollar denominated debt instruments because they view the dollar as the world's reserve currency

country comparison to the world: 1

Stock of direct foreign investment - at home

$499.4 billion (31 December 2017 est.)

$473.5 billion (31 December 2016 est.)

country comparison to the world: 17

$4.084 trillion (31 December 2017 est.)

$3.614 trillion (31 December 2016 est.)

country comparison to the world: 3

Stock of direct foreign investment - abroad

$160.1 billion (31 December 2017 est.)

$148.6 billion (31 December 2016 est.)

country comparison to the world: 30

$5.644 trillion (31 December 2017 est.)

$5.352 trillion (31 December 2016 est.)

country comparison to the world: 3

Exchange rates

Mexican pesos (MXN) per US dollar -

18.26 (2017 est.)

18.66 (2016 est.)

18.66 (2015 est.)

15.85 (2014 est.)

13.29 (2013 est.)

British pounds per US dollar: 0.7836 (2017 est.), 0.738 (2016 est.), 0.738 (2015 est.), 0.607 (2014 est), 0.6391 (2013 est.)

Canadian dollars per US dollar: 1, 1.308 (2017 est.), 1.3256 (2016 est.), 1.3256 (2015 est.), 1.2788 (2014 est.), 1.0298 (2013 est.)

Chinese yuan per US dollar: 1, 6.7588 (2017 est.), 6.6445 (2016 est.), 6.2275 (2015 est.), 6.1434 (2014 est.), 6.1958 (2013 est.)

euros per US dollar: 0.885 (2017 est.), 0.903 (2016 est.), 0.9214(2015 est.), 0.885 (2014 est.), 0.7634 (2013 est.)

Japanese yen per US dollar: 111.10 (2017 est.), 108.76 (2016 est.), 108.76 (2015 est.), 121.02 (2014 est.), 97.44 (2013 est.)

Energy comparison between [Mexico] and [United States]

Mexico United States
Electricity access

population without electricity: 1,231,667

electrification - total population: 99%

electrification - urban areas: 100%

electrification - rural areas: 97% (2012)

electrification - total population: 100% (2016)

Electricity - production

292.7 billion kWh (2015 est.)

country comparison to the world: 14

4.088 trillion kWh (2015 est.)

country comparison to the world: 2

Electricity - consumption

245.2 billion kWh (2015 est.)

country comparison to the world: 16

3.911 trillion kWh (2015 est.)

country comparison to the world: 2

Electricity - exports

7.308 billion kWh (2016 est.)

country comparison to the world: 28

9.695 billion kWh (2016 est.)

country comparison to the world: 25

Electricity - imports

392 million kWh (2016 est.)

country comparison to the world: 86

80.66 billion kWh (2016 est.)

country comparison to the world: 2

Electricity - installed generating capacity

65.45 million kW (2016 est.)

country comparison to the world: 19

1.074 billion kW (2015 est.)

country comparison to the world: 3

Electricity - from fossil fuels

72.2% of total installed capacity (2015 est.)

country comparison to the world: 99

70.6% of total installed capacity (2015 est.)

country comparison to the world: 103

Electricity - from nuclear fuels

2.1% of total installed capacity (2015 est.)

country comparison to the world: 27

9.2% of total installed capacity (2015 est.)

country comparison to the world: 18

Electricity - from hydroelectric plants

18.1% of total installed capacity (2015 est.)

country comparison to the world: 96

7.4% of total installed capacity (2015 est.)

country comparison to the world: 124

Electricity - from other renewable sources

8.5% of total installed capacity (2015 est.)

country comparison to the world: 76

10.7% of total installed capacity (2015 est.)

country comparison to the world: 69

Crude oil - production

2.187 million bbl/day (2016 est.)

country comparison to the world: 12

8.853 million bbl/day (2016 est.)

country comparison to the world: 3

Crude oil - exports

1.224 million bbl/day (2016 est.)

country comparison to the world: 15

590,900 bbl/day (2016 est.)

country comparison to the world: 21

Crude oil - imports

0 bbl/day (2016 est.)

country comparison to the world: 165

7.85 million bbl/day (2016 est.)

country comparison to the world: 1

Crude oil - proved reserves

7.64 billion bbl (1 January 2017 est.)

country comparison to the world: 19

36.52 billion bbl (1 January 2017 est.)

country comparison to the world: 11

Refined petroleum products - production

1.043 million bbl/day (2016 est.)

country comparison to the world: 19

20.08 million bbl/day (2016 est.)

country comparison to the world: 1

Refined petroleum products - consumption

2.027 million bbl/day (2016 est.)

country comparison to the world: 12

19.69 million bbl/day (2015 est.)

country comparison to the world: 1

Refined petroleum products - exports

181,600 bbl/day (2016 est.)

country comparison to the world: 34

4.67 million bbl/day (2016 est.)

country comparison to the world: 1

Refined petroleum products - imports

751,500 bbl/day (2016 est.)

country comparison to the world: 11

2.205 million bbl/day (2016 est.)

country comparison to the world: 2

Natural gas - production

40.37 billion cu m (2015 est.)

country comparison to the world: 21

766.2 billion cu m (2015 est.)

country comparison to the world: 1

Natural gas - consumption

418.9 billion cu m (2015 est.)

country comparison to the world: 4

773.2 billion cu m (2015 est.)

country comparison to the world: 1

Natural gas - exports

31 million cu m (2015 est.)

country comparison to the world: 52

50.52 billion cu m (2015 est.)

country comparison to the world: 7

Natural gas - imports

36.47 billion cu m (2015 est.)

country comparison to the world: 12

76.96 billion cu m (2015 est.)

country comparison to the world: 4

Natural gas - proved reserves

355.7 billion cu m (1 January 2017 est.)

country comparison to the world: 36

8.714 trillion cu m (1 January 2016 est.)

country comparison to the world: 4

Carbon dioxide emissions from consumption of energy

455 million Mt (2013 est.)

country comparison to the world: 15

5.402 billion Mt (2013 est.)

country comparison to the world: 2

Communications comparison between [Mexico] and [United States]

Mexico United States
Telephones - fixed lines

total subscriptions: 20,454,644

subscriptions per 100 inhabitants: 16 (July 2016 est.)

country comparison to the world: 13

total subscriptions: 121.53 million

subscriptions per 100 inhabitants: 38 (July 2016 est.)

country comparison to the world: 3

Telephones - mobile cellular

total: 111,727,799

subscriptions per 100 inhabitants: 90 (July 2016 est.)

country comparison to the world: 15

total: 395.881 million

subscriptions per 100 inhabitants: 121 (July 2016 est.)

country comparison to the world: 4

Telephone system

general assessment: adequate telephone service for business and government; improving quality and increasing mobile cellular availability, with mobile subscribers far outnumbering fixed-line subscribers; domestic satellite system with 120 earth stations; extensive microwave radio relay network; considerable use of fiber-optic cable and coaxial cable

domestic: competition has spurred the mobile-cellular market; fixed-line teledensity exceeds 15 per 100 persons; mobile-cellular teledensity is about 90 per 100 persons

international: country code - 52; Columbus-2 fiber-optic submarine cable with access to the US, Virgin Islands, Canary Islands, Spain, and Italy; the Americas Region Caribbean Ring System (ARCOS-1) and the MAYA-1 submarine cable system together provide access to Central America, parts of South America and the Caribbean, and the US; satellite earth stations - 120 (32 Intelsat, 2 Solidaridad (giving Mexico improved access to South America, Central America, and much of the US as well as enhancing domestic communications), 1 Panamsat, numerous Inmarsat mobile earth stations); linked to Central American Microwave System of trunk connections (2016)

general assessment: a large, technologically advanced, multipurpose communications system

domestic: a large system of fiber-optic cable, microwave radio relay, coaxial cable, and domestic satellites carries every form of telephone traffic; a rapidly growing cellular system carries mobile telephone traffic throughout the country

international: country code - 1; multiple ocean cable systems provide international connectivity; satellite earth stations - 61 Intelsat (45 Atlantic Ocean and 16 Pacific Ocean), 5 Intersputnik (Atlantic Ocean region), and 4 Inmarsat (Pacific and Atlantic Ocean regions) (2016)

Broadcast media

many TV stations and more than 1,400 radio stations with most privately owned; the Televisa group once had a virtual monopoly in TV broadcasting, but new broadcasting groups and foreign satellite and cable operators are now available (2012)

4 major terrestrial TV networks with affiliate stations throughout the country, plus cable and satellite networks, independent stations, and a limited public broadcasting sector that is largely supported by private grants; overall, thousands of TV stations broadcasting; multiple national radio networks with many affiliate stations; while most stations are commercial, National Public Radio (NPR) has a network of some 600 member stations; satellite radio available; overall, nearly 15,000 radio stations operating (2008)

Internet country code

.mx

.us

Internet users

total: 73,334,032

percent of population: 59.5% (July 2016 est.)

country comparison to the world: 8

total: 246,809,221

percent of population: 76.2% (July 2016 est.)

country comparison to the world: 4

Transportation comparison between [Mexico] and [United States]

Mexico United States
National air transport system

number of registered air carriers: 21

inventory of registered aircraft operated by air carriers: 357

annual passenger traffic on registered air carriers: 45,560,063

annual freight traffic on registered air carriers: 713,985,467 mt-km (2015)

number of registered air carriers: 92

inventory of registered aircraft operated by air carriers: 6,817

annual passenger traffic on registered air carriers: 798.23 million

annual freight traffic on registered air carriers: 37.219 billion mt-km (2015)

Civil aircraft registration country code prefix

XA (2016)

N (2016)

Airports

1,714 (2013)

country comparison to the world: 3

13,513 (2013)

country comparison to the world: 1

Airports - with paved runways

total: 243

over 3,047 m: 12

2,438 to 3,047 m: 32

1,524 to 2,437 m: 80

914 to 1,523 m: 86

under 914 m: 33 (2017)

total: 5,054

over 3,047 m: 189

2,438 to 3,047 m: 235

1,524 to 2,437 m: 1,478

914 to 1,523 m: 2,249

under 914 m: 903 (2013)

Airports - with unpaved runways

total: 1,471

over 3,047 m: 1

2,438 to 3,047 m: 1

1,524 to 2,437 m: 42

914 to 1,523 m: 281

under 914 m: 1,146 (2013)

total: 8,459

over 3,047 m: 1

2,438 to 3,047 m: 6

1,524 to 2,437 m: 140

914 to 1,523 m: 1,552

under 914 m: 6,760 (2013)

Heliports

1 (2013)

5,287 (2013)

Pipelines

gas 18,074 km; liquid petroleum 2,102 km; oil 8,775 km; oil/gas/water 369 km; refined products 7,565 km; water 123 km (2013)

natural gas 1,984,321 km; petroleum products 240,711 km (2013)

Railways

total: 15,389 km

standard gauge: 15,389 km 1.435-m gauge (27 km electrified) (2014)

country comparison to the world: 18

total: 293,564.2 km

standard gauge: 293,564.2 km 1.435-m gauge (2014)

country comparison to the world: 1

Roadways

total: 377,660 km

paved: 137,544 km (includes 7,176 km of expressways)

unpaved: 240,116 km (2012)

country comparison to the world: 20

total: 6,586,610 km

paved: 4,304,715 km (includes 76,334 km of expressways)

unpaved: 2,281,895 km (2012)

country comparison to the world: 1

Waterways

2,900 km (navigable rivers and coastal canals mostly connected with ports on the country's east coast) (2012)

country comparison to the world: 33

41,009 km (19,312 km used for commerce; Saint Lawrence Seaway of 3,769 km, including the Saint Lawrence River of 3,058 km, is shared with Canada) (2012)

country comparison to the world: 5

Merchant marine

total: 622

by type: bulk carrier 5, general cargo 9, oil tanker 32, other 576 (2017)

country comparison to the world: 33

total: 3,611

by type: bulk carrier 5, container ship 61, general cargo 114, oil tanker 66, other 3,365 (2017)

country comparison to the world: 5

Ports and terminals

major seaport(s): Altamira, Coatzacoalcos, Lazaro Cardenas, Manzanillo, Veracruz

container port(s) (TEUs): Manzanillo (1,992,176), Lazaro Cardenas (1,242,777) (2012)

oil terminal(s): Cayo Arcas terminal, Dos Bocas terminal

LNG terminal(s) (import): Altamira, Ensenada

cruise port(s): Cancun, Cozumel, Ensenada

cargo ports: Baton Rouge, Corpus Christi, Hampton Roads, Houston, Long Beach, Los Angeles, New Orleans, New York, Plaquemines (LA), Tampa, Texas City

container port(s) (TEUs): Hampton Roads (2,549,000), Houston (2,131,000), Long Beach (7,192,000), Los Angeles (8,160,000), New York/New Jersey (6,372,000), Oakland (2,278,000), Savannah (3,737,000), Seattle (3,531,000) (2015)

cruise departure ports (passengers): Miami (2,032,000), Port Everglades (1,277,000), Port Canaveral (1,189,000), Seattle (430,000), Long Beach (415,000) (2009)

oil terminal(s): LOOP terminal, Haymark terminal

LNG terminal(s) (import): Cove Point (MD), Elba Island (GA), Everett (MA), Freeport (TX), Golden Pass (TX), Hackberry (LA), Lake Charles (LA), Neptune (offshore), Northeast Gateway (offshore), Pascagoula (MS), Sabine Pass (TX)

LNG terminal(s) (export): Kenai (AK)

Military comparison between [Mexico] and [United States]

Mexico United States
Military expenditures

0.58% of GDP (2016)

0.67% of GDP (2015)

0.67% of GDP (2014)

0.62% of GDP (2013)

0.59% of GDP (2012)

country comparison to the world: 141

3.29% of GDP (2016)

3.3% of GDP (2015)

3.51% of GDP (2014)

3.83% of GDP (2013)

4.24% of GDP (2012)

country comparison to the world: 25

Military branches

Secretariat of National Defense (Secretaria de Defensa Nacional, Sedena): Army (Ejercito), Mexican Air Force (Fuerza Aerea Mexicana, FAM); Secretariat of the Navy (Secretaria de Marina, Semar): Mexican Navy (Armada de Mexico (ARM); includes Naval Air Force (FAN), Mexican Naval Infantry Corps (Cuerpo de Infanteria de Marina, Mexmar or CIM)) (2013)

United States Armed Forces: US Army, US Navy (includes Marine Corps), US Air Force, US Coast Guard; note - Coast Guard administered in peacetime by the Department of Homeland Security, but in wartime reports to the Department of the Navy (2017)

Military service age and obligation

18 years of age for compulsory military service, conscript service obligation is 12 months; 16 years of age with consent for voluntary enlistment; conscripts serve only in the Army; Navy and Air Force service is all voluntary; women are eligible for voluntary military service; cadets enrolled in military schools from the age of 15 are considered members of the armed forces (2012)

18 years of age (17 years of age with parental consent) for male and female voluntary service; no conscription; maximum enlistment age 42 (Army), 27 (Air Force), 34 (Navy), 28 (Marines); 8-year service obligation, including 2-5 years active duty (Army), 2 years active (Navy), 4 years active (Air Force, Marines); all military occupations and positions open to women (2016)

Transnational comparison between [Mexico] and [United States]

Mexico United States
Disputes - international

abundant rainfall in recent years along much of the Mexico-US border region has ameliorated periodically strained water-sharing arrangements; the US has intensified security measures to monitor and control legal and illegal personnel, transport, and commodities across its border with Mexico; Mexico must deal with thousands of impoverished Guatemalans and other Central Americans who cross the porous border looking for work in Mexico and the US; Belize and Mexico are working to solve minor border demarcation discrepancies arising from inaccuracies in the 1898 border treaty

the US has intensified domestic security measures and is collaborating closely with its neighbors, Canada and Mexico, to monitor and control legal and illegal personnel, transport, and commodities across the international borders; abundant rainfall in recent years along much of the Mexico-US border region has ameliorated periodically strained water-sharing arrangements; 1990 Maritime Boundary Agreement in the Bering Sea still awaits Russian Duma ratification; Canada and the United States dispute how to divide the Beaufort Sea and the status of the Northwest Passage but continue to work cooperatively to survey the Arctic continental shelf; The Bahamas and US have not been able to agree on a maritime boundary; US Naval Base at Guantanamo Bay is leased from Cuba and only mutual agreement or US abandonment of the area can terminate the lease; Haiti claims US-administered Navassa Island; US has made no territorial claim in Antarctica (but has reserved the right to do so) and does not recognize the claims of any other states; Marshall Islands claims Wake Island; Tokelau included American Samoa's Swains Island among the islands listed in its 2006 draft constitution

Refugees and internally displaced persons

refugees (country of origin): 29,495 (Venezuela) (economic and political crisis; includes Venezuelans who have claimed asylum or have received alternative legal stay) (2018)

IDPs: 345,000 (government's quashing of Zapatista uprising in 1994 in eastern Chiapas Region; drug cartel violence and government's military response since 2007; violence between and within indigenous groups) (2017)

stateless persons: 13 (2016)

refugees (country of origin): the US admitted 53,716 refugees during FY2017 including: 9,377 (Democratic Republic of the Congo); 6,886 (Iraq); 6,557 (Syria); 6,130 (Somalia); 5,078 (Burma); 3,550 (Bhutan); 2,577 (Iran)

note: more than 46,000 Venezuelans have claimed asylum since 2014 because of the economic and political crisis (2017)

Illicit drugs

major drug-producing and transit nation; Mexico is estimated to be the world's third largest producer of opium with poppy cultivation in 2015 estimated to be 28,000 hectares yielding a potential production of 475 metric tons of raw opium; government conducts the largest independent illicit-crop eradication program in the world; continues as the primary transshipment country for US-bound cocaine from South America, with an estimated 95% of annual cocaine movements toward the US stopping in Mexico; major drug syndicates control the majority of drug trafficking throughout the country; producer and distributor of ecstasy; significant money-laundering center; major supplier of heroin and largest foreign supplier of marijuana and methamphetamine to the US market

world's largest consumer of cocaine (shipped from Colombia through Mexico and the Caribbean), Colombian heroin, and Mexican heroin and marijuana; major consumer of ecstasy and Mexican methamphetamine; minor consumer of high-quality Southeast Asian heroin; illicit producer of cannabis, marijuana, depressants, stimulants, hallucinogens, and methamphetamine; money-laundering center

MXN to USD Historical Rates

year by month
MXN to USD in 2023 MXN to USD in 2023-06  MXN to USD in 2023-05  MXN to USD in 2023-04  MXN to USD in 2023-03  MXN to USD in 2023-02  MXN to USD in 2023-01 
MXN to USD in 2022 MXN to USD in 2022-12  MXN to USD in 2022-11  MXN to USD in 2022-10  MXN to USD in 2022-09  MXN to USD in 2022-08  MXN to USD in 2022-07  MXN to USD in 2022-06  MXN to USD in 2022-05  MXN to USD in 2022-04  MXN to USD in 2022-03  MXN to USD in 2022-02  MXN to USD in 2022-01 
MXN to USD in 2021 MXN to USD in 2021-12  MXN to USD in 2021-11  MXN to USD in 2021-10  MXN to USD in 2021-09  MXN to USD in 2021-08  MXN to USD in 2021-07  MXN to USD in 2021-06  MXN to USD in 2021-05  MXN to USD in 2021-04  MXN to USD in 2021-03  MXN to USD in 2021-02  MXN to USD in 2021-01 
MXN to USD in 2020 MXN to USD in 2020-12  MXN to USD in 2020-11  MXN to USD in 2020-10  MXN to USD in 2020-09  MXN to USD in 2020-08  MXN to USD in 2020-07  MXN to USD in 2020-06  MXN to USD in 2020-05  MXN to USD in 2020-04  MXN to USD in 2020-03  MXN to USD in 2020-02  MXN to USD in 2020-01 
MXN to USD in 2019 MXN to USD in 2019-12  MXN to USD in 2019-11  MXN to USD in 2019-10  MXN to USD in 2019-09  MXN to USD in 2019-08  MXN to USD in 2019-07  MXN to USD in 2019-06  MXN to USD in 2019-05  MXN to USD in 2019-04  MXN to USD in 2019-03  MXN to USD in 2019-02  MXN to USD in 2019-01 
MXN to USD in 2018 MXN to USD in 2018-12  MXN to USD in 2018-11  MXN to USD in 2018-10  MXN to USD in 2018-09  MXN to USD in 2018-08  MXN to USD in 2018-07  MXN to USD in 2018-06  MXN to USD in 2018-05  MXN to USD in 2018-04  MXN to USD in 2018-03  MXN to USD in 2018-02  MXN to USD in 2018-01 
MXN to USD in 2017 MXN to USD in 2017-12  MXN to USD in 2017-11  MXN to USD in 2017-10  MXN to USD in 2017-09  MXN to USD in 2017-08  MXN to USD in 2017-07  MXN to USD in 2017-06  MXN to USD in 2017-05  MXN to USD in 2017-04  MXN to USD in 2017-03  MXN to USD in 2017-02  MXN to USD in 2017-01 
MXN to USD in 2016 MXN to USD in 2016-12  MXN to USD in 2016-11  MXN to USD in 2016-10  MXN to USD in 2016-09  MXN to USD in 2016-08  MXN to USD in 2016-07  MXN to USD in 2016-06  MXN to USD in 2016-05  MXN to USD in 2016-04  MXN to USD in 2016-03  MXN to USD in 2016-02  MXN to USD in 2016-01 
MXN to USD in 2015 MXN to USD in 2015-12  MXN to USD in 2015-11  MXN to USD in 2015-10  MXN to USD in 2015-09  MXN to USD in 2015-08  MXN to USD in 2015-07  MXN to USD in 2015-06  MXN to USD in 2015-05  MXN to USD in 2015-04  MXN to USD in 2015-03  MXN to USD in 2015-02  MXN to USD in 2015-01 
MXN to USD in 2014 MXN to USD in 2014-12  MXN to USD in 2014-11  MXN to USD in 2014-10  MXN to USD in 2014-09  MXN to USD in 2014-08  MXN to USD in 2014-07  MXN to USD in 2014-06  MXN to USD in 2014-05  MXN to USD in 2014-04  MXN to USD in 2014-03  MXN to USD in 2014-02  MXN to USD in 2014-01 
MXN to USD in 2013 MXN to USD in 2013-12  MXN to USD in 2013-11  MXN to USD in 2013-10  MXN to USD in 2013-09  MXN to USD in 2013-08  MXN to USD in 2013-07  MXN to USD in 2013-06  MXN to USD in 2013-05  MXN to USD in 2013-04  MXN to USD in 2013-03  MXN to USD in 2013-02  MXN to USD in 2013-01 
MXN to USD in 2012 MXN to USD in 2012-12  MXN to USD in 2012-11  MXN to USD in 2012-10  MXN to USD in 2012-09  MXN to USD in 2012-08  MXN to USD in 2012-07  MXN to USD in 2012-06  MXN to USD in 2012-05  MXN to USD in 2012-04  MXN to USD in 2012-03  MXN to USD in 2012-02  MXN to USD in 2012-01 
MXN to USD in 2011 MXN to USD in 2011-12  MXN to USD in 2011-11  MXN to USD in 2011-10  MXN to USD in 2011-09  MXN to USD in 2011-08  MXN to USD in 2011-07  MXN to USD in 2011-06  MXN to USD in 2011-05  MXN to USD in 2011-04  MXN to USD in 2011-03  MXN to USD in 2011-02  MXN to USD in 2011-01 
MXN to USD in 2010 MXN to USD in 2010-12  MXN to USD in 2010-11  MXN to USD in 2010-10  MXN to USD in 2010-09  MXN to USD in 2010-08  MXN to USD in 2010-07  MXN to USD in 2010-06  MXN to USD in 2010-05  MXN to USD in 2010-04  MXN to USD in 2010-03  MXN to USD in 2010-02  MXN to USD in 2010-01 
MXN to USD in 2009 MXN to USD in 2009-12  MXN to USD in 2009-11  MXN to USD in 2009-10  MXN to USD in 2009-09  MXN to USD in 2009-08  MXN to USD in 2009-07  MXN to USD in 2009-06  MXN to USD in 2009-05  MXN to USD in 2009-04  MXN to USD in 2009-03  MXN to USD in 2009-02  MXN to USD in 2009-01 
MXN to USD in 2008 MXN to USD in 2008-12  MXN to USD in 2008-11  MXN to USD in 2008-10  MXN to USD in 2008-09  MXN to USD in 2008-08  MXN to USD in 2008-07  MXN to USD in 2008-06  MXN to USD in 2008-05  MXN to USD in 2008-04  MXN to USD in 2008-03  MXN to USD in 2008-02  MXN to USD in 2008-01 
MXN to USD in 2007 MXN to USD in 2007-12  MXN to USD in 2007-11  MXN to USD in 2007-10  MXN to USD in 2007-09  MXN to USD in 2007-08  MXN to USD in 2007-07  MXN to USD in 2007-06  MXN to USD in 2007-05  MXN to USD in 2007-04  MXN to USD in 2007-03  MXN to USD in 2007-02  MXN to USD in 2007-01 
MXN to USD in 2006 MXN to USD in 2006-12  MXN to USD in 2006-11  MXN to USD in 2006-10  MXN to USD in 2006-09  MXN to USD in 2006-08  MXN to USD in 2006-07  MXN to USD in 2006-06  MXN to USD in 2006-05  MXN to USD in 2006-04  MXN to USD in 2006-03  MXN to USD in 2006-02  MXN to USD in 2006-01 
MXN to USD in 2005 MXN to USD in 2005-12  MXN to USD in 2005-11  MXN to USD in 2005-10  MXN to USD in 2005-09  MXN to USD in 2005-08  MXN to USD in 2005-07  MXN to USD in 2005-06  MXN to USD in 2005-05  MXN to USD in 2005-04  MXN to USD in 2005-03  MXN to USD in 2005-02  MXN to USD in 2005-01 
MXN to USD in 2004 MXN to USD in 2004-12  MXN to USD in 2004-11  MXN to USD in 2004-10  MXN to USD in 2004-09  MXN to USD in 2004-08  MXN to USD in 2004-07  MXN to USD in 2004-06  MXN to USD in 2004-05  MXN to USD in 2004-04  MXN to USD in 2004-03  MXN to USD in 2004-02  MXN to USD in 2004-01 
MXN to USD in 2003 MXN to USD in 2003-12  MXN to USD in 2003-11  MXN to USD in 2003-10  MXN to USD in 2003-09  MXN to USD in 2003-08  MXN to USD in 2003-07  MXN to USD in 2003-06  MXN to USD in 2003-05  MXN to USD in 2003-04  MXN to USD in 2003-03  MXN to USD in 2003-02  MXN to USD in 2003-01 
MXN to USD in 2002 MXN to USD in 2002-12  MXN to USD in 2002-11  MXN to USD in 2002-10  MXN to USD in 2002-09  MXN to USD in 2002-08  MXN to USD in 2002-07  MXN to USD in 2002-06  MXN to USD in 2002-05  MXN to USD in 2002-04  MXN to USD in 2002-03  MXN to USD in 2002-02  MXN to USD in 2002-01 
MXN to USD in 2001 MXN to USD in 2001-12  MXN to USD in 2001-11  MXN to USD in 2001-10  MXN to USD in 2001-09  MXN to USD in 2001-08  MXN to USD in 2001-07  MXN to USD in 2001-06  MXN to USD in 2001-05  MXN to USD in 2001-04  MXN to USD in 2001-03  MXN to USD in 2001-02  MXN to USD in 2001-01 
MXN to USD in 2000 MXN to USD in 2000-12  MXN to USD in 2000-11  MXN to USD in 2000-10  MXN to USD in 2000-09  MXN to USD in 2000-08  MXN to USD in 2000-07  MXN to USD in 2000-06  MXN to USD in 2000-05  MXN to USD in 2000-04  MXN to USD in 2000-03  MXN to USD in 2000-02  MXN to USD in 2000-01 

All MXN Exchange Rates Now

Exchange Rate Exchange Rate Exchange Rate
MXN to AED rate 0.2092 MXN to ALL rate 5.78844 MXN to ANG rate 0.10267
MXN to ARS rate 13.69349 MXN to AUD rate 0.08603 MXN to AWG rate 0.10267
MXN to BBD rate 0.11392 MXN to BDT rate 6.11141 MXN to BGN rate 0.10402
MXN to BHD rate 0.02144 MXN to BIF rate 160.90907 ▼ MXN to BMD rate 0.05696
MXN to BND rate 0.07695 MXN to BOB rate 0.39364 MXN to BRL rate 0.28248
MXN to BSD rate 0.05696 MXN to BTN rate 4.687 MXN to BZD rate 0.11483
MXN to CAD rate 0.07648 ▲ MXN to CHF rate 0.05178 MXN to CLP rate 45.50508 ▼
MXN to CNY rate 0.40355 MXN to COP rate 251.05921 ▼ MXN to CRC rate 30.69754 ▼
MXN to CZK rate 1.25588 MXN to DKK rate 0.39614 MXN to DOP rate 3.10341
MXN to DZD rate 7.76881 ▼ MXN to EGP rate 1.758 ▼ MXN to ETB rate 3.09629
MXN to EUR rate 0.05317 MXN to FJD rate 0.12737 MXN to GBP rate 0.04575
MXN to GMD rate 3.39305 ▲ MXN to GNF rate 492.97981 ▼ MXN to GTQ rate 0.44607
MXN to HKD rate 0.44647 MXN to HNL rate 1.40803 MXN to HRK rate 0.40079
MXN to HTG rate 8.00393 MXN to HUF rate 19.67875 ▼ MXN to IDR rate 848.79674 ▼
MXN to ILS rate 0.21352 ▼ MXN to INR rate 4.69355 MXN to IQD rate 74.61624 ▼
MXN to IRR rate 2409.36405 ▼ MXN to ISK rate 8.02552 MXN to JMD rate 8.81078
MXN to JOD rate 0.0404 MXN to JPY rate 7.97112 MXN to KES rate 7.89679
MXN to KMF rate 26.07011 ▼ MXN to KRW rate 74.40264 ▼ MXN to KWD rate 0.01752
MXN to KYD rate 0.04747 ▼ MXN to KZT rate 25.56623 ▼ MXN to LBP rate 861.55739 ▼
MXN to LKR rate 16.53377 MXN to LSL rate 1.11469 MXN to MAD rate 0.58073 ▲
MXN to MDL rate 1.0109 MXN to MKD rate 3.28414 MXN to MNT rate 200.43858 ▼
MXN to MOP rate 0.45991 MXN to MUR rate 2.59155 MXN to MVR rate 0.8746
MXN to MWK rate 58.26902 ▼ MXN to MYR rate 0.26073 MXN to NAD rate 1.11469
MXN to NGN rate 26.31504 ▼ MXN to NIO rate 2.08242 MXN to NOK rate 0.62795
MXN to NPR rate 7.4992 MXN to NZD rate 0.09394 MXN to OMR rate 0.02193
MXN to PAB rate 0.05696 MXN to PEN rate 0.20984 MXN to PGK rate 0.2005
MXN to PHP rate 3.19076 MXN to PKR rate 16.2689 ▼ MXN to PLN rate 0.23881
MXN to PYG rate 412.43065 ▼ MXN to QAR rate 0.20739 MXN to RON rate 0.2641
MXN to RUB rate 4.60228 MXN to RWF rate 64.37317 ▼ MXN to SAR rate 0.21363
MXN to SBD rate 0.47509 ▼ MXN to SCR rate 0.79769 MXN to SEK rate 0.61522
MXN to SGD rate 0.07692 MXN to SLL rate 1006.18005 ▼ MXN to SVC rate 0.49847
MXN to SZL rate 1.11469 MXN to THB rate 1.97866 ▼ MXN to TND rate 0.17612
MXN to TOP rate 0.13564 MXN to TRY rate 1.19391 MXN to TTD rate 0.38639
MXN to TWD rate 1.7476 MXN to TZS rate 134.87882 ▼ MXN to UAH rate 2.10401 ▲
MXN to UGX rate 213.06081 ▼ MXN to USD rate 0.05696 MXN to UYU rate 2.21064
MXN to VUV rate 6.77692 MXN to WST rate 0.15524 MXN to XAF rate 34.87428 ▼
MXN to XCD rate 0.15393 MXN to XOF rate 34.87428 ▼ MXN to XPF rate 6.34433
MXN to YER rate 14.25967 ▼ MXN to ZAR rate 1.11127

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