Mexico City's GDP amounted to approximately 3.81 trillion Mexican pesos in 2023. During that year, the GDP of the city corresponded to 14.8 percent of the national gross domestic product. This share turned the capital into the federal entity with the largest contribution to Mexico's economic output. On the flip side, the eastern state of Tlaxcala only represented 0.6 percent of the national GDP.

Guyana was the South American country 20360the highest gross national income per capita, with 20,360 U.S. dollars per person in 2023. Uruguay ranked second, registering a GNI of 19,530 U.S. dollars per person, based on current prices. Gross national income (GNI) is the aggregated sum of the value added by residents in an economy, plus net taxes (minus subsidies) and net receipts of primary income from abroad. Which are the largest Latin American economies? Based on annual gross domestic product, which is the total amount of goods and services produced in a country per year, Brazil leads the regional ranking, followed by Mexico, Argentina, and Chile. Many Caribbean countries and territories hold the highest GDP per capita in this region, measurement that reflects how GDP would be divided if it was perfectly equally distributed among the population. GNI per capita is, however, a more exact calculation of wealth than GDP per capita, as it takes into consideration taxes paid and income receipts from abroad. How much inequality is there in Latin America? In many Latin American countries, more than half the total wealth created in their economies is held by the richest 20 percent of the population. When a small share of the population concentrates most of the wealth, millions of people don't have enough to make ends meet. For instance, in Brazil, about 5.32 percent of the population lives on less than 3.2 U.S. dollars per day.

A dataset listing New Mexico counties by population for 2024.

The statistic shows Mexico’s GDP from 1987 to 2024, with projections up until 2030. In 2024, Mexico’s GDP amounted to approximately 1.85 trillion U.S. dollars.Economy of MexicoGDP is an indicator primarily used to gauge the state and health of a national economy. GDP is the total market value of all final goods and services that have been produced within national borders in a given period of time, usually a year. GDP gives us an insight into a country’s economic development over a period of time, how its development fits in with international shifts and how it is affected by the factors that affect market economies.The demand among some segments of the Chinese workforce for fairer payment, coupled with higher transportations costs, have been key factors in increasing the competitiveness of Mexican manufacturing, with some suggestions being made that it is already cheaper than China for the many industries that serve the lucrative United States market. The Mexican economy is, however, far from trouble-free. And although the gross domestic product in Mexico has been increasing, it is showing that it is struggling to match up to the fast pace of growth and prosperity being seen in some of the BRIC countries, as well as the usual suspects of economic success, the United States, Canada and others.Inequality in Mexico remains a huge problem. The education system in the federation’s thirty-one states is in dire need of reform, and in some of the states, especially in those closest to the US border, brutal criminal drug lords'rule. It is important for Mexicans that they embrace the opportunity that they find themselves presented with at present and harness the energy of their large population , the newly arrived foreigners and their educated youth, in order to provide the country with the future prosperity that it most desperately needs.

In 2023, state-owned Mexican oil company Petróleos Mexicanos, known as Pemex, was the leading Mexican company based on net revenue, with roughly *** trillion Mexican pesos generated. Walmart de México ranked second that year, with a revenue of around ***** billion pesos. Robbed but still with the highest revenue With Pemex as Mexico's primary company, a significant hurdle emerged in the form of oil theft and its unlawful trade via pipeline perforations and barrel thefts, known as "Huachicoleo." The government promptly computed the daily economic losses stemming from the pilfered volume, amounting to nearly **** million Mexican pesos. Swiftly following his assumption of office, President AMLO allocated substantial resources to eliminate these crimes, harboring the belief of an ultimate triumph against them. Initially, reported figures showed a decline compared to the outset of his presidential term, being higher in the state of Hidalgo. However, recent data reflects a resurgence, attributed in part to project discontinuity. This lapse is attributed to suspected corruption and the advent of innovative methods for acquiring fuel. Oil industry competitors in Mexico Upon the acknowledgment of the country's largest oil company's inability to independently fulfill the entirety of the market demand, a decision was made to open up the oil market to private sector participation. However, this move has introduced increased competition that now poses challenges to Pemex's business and financial dynamics. While Pemex retains a substantial portion of oil wells in comparison to other entities within the energy sector, the predominant supply of this resource has been nearly balanced by contributions from the private sector. Moreover, the primary players in the distribution through gas stations are Mobil and G500, further intensifying the pressure on the leading company within the nation. This intensified competition makes it arduous for Pemex to effectively manage pricing and meet the population's demand.