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As of 2012, Mexico's GDP stands at $1.178 trillion USD, accounting for 1.90% of the global economy. With a population of 120.8 million, the GDP per capita is $9,749 USD. The labor force consists of over 52 million people, with an unemployment rate of 5.2%. In 2013, the inflation rate was 3.97%. Life expectancy was reported at 77 years in 2011. The currency is the Mexican peso (MXN), with an exchange rate of 1 USD to 12.98 MXN as of January 2014. Key industrial production growth rate for 2012 was 2.8%.
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Mexico: Economy Overview • GDP (2012): $1.178 trillion USD • Represents 1.90% of the world economy. • Population (2012): 120.8 million • GDP per capita (2012): $9.749 USD • Labor Force (2012): 52,847,521 people. • Unemployment rate: 5.2% • Life expectancy (2011): 77 years • Inflation rate (2013): 3.97% • Stock market: Bolsa Mexicana de Valores (BMV) • Currency: Mexican peso (MXN) • Exchange rate (13.01.2014): 1 USD – 12.98 MXN • Industrial production growth rate (2012): 2.8% Sources: El Informador (2013) with information from CONAPO; The World Bank Group (2014); The Bank of Mexico (2014); OECD (2014); Central Intelligence Agency (CIA) (2014). Updated: January, 2014.