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Mexico Economy
GDP:
purchasing power parity - $941.2 billion (2003 est.)
GDP - real growth rate:
1.3% (2003 est.)
GDP - per capita:
purchasing power parity - $9,000 (2003 est.)
GDP - composition by sector:
agriculture: 4%
industry: 26.4%
services: 69.6% (2003 est.)
Investment (gross fixed):
19.3% of GDP (2003)
Population below poverty line:
40% (2003 est.)
Household income or consumption by percentage share:
lowest 10%: 1.6%
highest 10%: 35.6% (2002)
Distribution of family income - Gini index:
53.1 (1998)
Inflation rate (consumer prices):
4.5% (2003 est.)
Labor force:
34.11 million (2003)
Labor force - by occupation:
agriculture 18%, industry 24%, services 58% (2003)
Unemployment rate:
3.3% plus underemployment of perhaps 25% (2003)
Budget:
revenues: $148.3 billion
expenditures: $152.4 billion, including capital expenditures of NA (2003 est.)
Public debt:
23.1% of GDP (2003)
Industries:
food and beverages, tobacco, chemicals, iron and steel, petroleum, mining, textiles, clothing, motor vehicles, consumer durables, tourism
Industrial production growth rate:
-0.7% (2003 est.)
Electricity - production:
198.6 billion kWh (2001)
Electricity - production by source:
fossil fuel: 78.7%
hydro: 14.2%
other: 2.9% (2001)
nuclear: 4.2%
Electricity - consumption:
186.7 billion kWh (2001)
Electricity - exports:
77 million kWh (2001)
Electricity - imports:
2.068 billion kWh (2001)
Oil - production:
3.59 million bbl/day (2001 est.)
Oil - consumption:
1.507 million bbl/day (2001 est.)
Oil - exports:
1.881 million bbl/day (2001)
Oil - imports:
374,700 bbl/day (2001)
Oil - proved reserves:
15.11 billion bbl (1 January 2003)
Natural gas - production:
36.87 billion cu m (2001 est.)
Natural gas - consumption:
38.84 billion cu m (2001 est.)
Natural gas - exports:
254 million cu m (2001 est.)
Natural gas - imports:
2.967 billion cu m (2001 est.)
Natural gas - proved reserves:
969.2 billion cu m (1 January 2003)
Agriculture - products:
corn, wheat, soybeans, rice, beans, cotton, coffee, fruit, tomatoes; beef, poultry, dairy products; wood products
Current account balance:
$-9.15 billion (2003)
Exports:
$164.8 billion f.o.b. (2003 est.)
Exports - commodities:
manufactured goods, oil and oil products, silver, fruits, vegetables, coffee, cotton
Exports - partners:
US 87.6%, Canada 1.8%, Germany 1.2% (2003 est.)
Imports:
$168.9 billion f.o.b. (2003 est.)
Imports - commodities:
metalworking machines, steel mill products, agricultural machinery, electrical equipment, car parts for assembly, repair parts for motor vehicles, aircraft, and aircraft parts
Imports - partners:
US 61.8%, China 5.5%, Japan 4.5% (2003 est.)
Reserves of foreign exchange & gold:
$59.02 billion (2003)
Debt - external:
$159.8 billion (2003 est.)
Economic aid - recipient:
$1.166 billion (1995)
Currency:
Mexican peso (MXN)
Currency code:
MXN
Exchange rates:
Mexican pesos per US dollar - 10.789 (2003), 9.656 (2002), 9.3423 (2001), 9.4556 (2000), 9.5604 (1999)
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