Attribute | Value |
---|---|
Geography | |
Area | 1,964,375 km² |
Continent | North America |
Land area | 1,943,945 km² |
Water area | 20,430 km² |
Land boundaries | 4,389 km |
Border countries |
|
Coastline | 9,330 km |
Mean elevation | 1,111 m |
Lowest point | -10 m |
Highest point | 5,636 m |
People | |
Population | 128,649,565 |
Official languages |
|
Religion | Roman Catholic |
Government | |
Long country name | United Mexican States |
Short country name | Mexico |
Long local name | Estados Unidos Mexicanos |
Short local name | Mexico |
Former name | Add |
Government type | Federal presidential republic |
Capital | Mexico City |
Economy | |
GDP (PPP) | 2,463,000,000,000 USD |
GDP (OER) | 1,151,000,000,000 USD |
GDP (real growth rate) | 2 % |
GDP - per capita (PPP) | 19,900 USD |
Gross national saving | 21.4 % of GDP |
Labor force | 54,510,000 |
Unemployment rate | 3.4 % |
Population below poverty line | 46.2 % |
Budget revenues | 261,400,000,000 USD |
Budget expenditures | 273,800,000,000 USD |
Military expenditures | 0.54 % of GDP |
Taxes and other revenues | 22.7 % of GDP |
Budget surplus or deficit | -1.1 % of GDP |
Public debt | 54.3 % of GDP |
Inflation rate | 6 % |
Central bank discount rate | 7.25 % |
Commercial bank prime lending rate | 7.34 % |
Stock of narrow money | 215,500,000,000 USD |
Stock of broad money | 215,500,000,000 USD |
Stock of domestic credit | 431,600,000,000 USD |
Market value of publicly traded shares | 402,300,000,000 USD |
Current account balance | -19,350,000,000 USD |
Exports | 409,800,000,000 USD |
Imports | 420,800,000,000 USD |
Reserves of foreign exchange and gold | 175,300,000,000 USD |
External debt | 445,800,000,000 USD |
National currency | Mexican pesos |
National currency (code) | MXN |
National currency (symbol) | $ |
National currency rate to USD | 18.26 |
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. Left-leaning antiestablishment politician and former mayor of Mexico City (2000-05) Andres Manuel LOPEZ OBRADOR, from the National Regeneration Movement (MORENA), became president in 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.