Even with a steep downswing in oil prices, Mexico — the world’s ninth-largest oil producer — has weathered the storm. While there’s government corruption at all levels, consumer confidence is strong, with Walmart a retail leader. Experts predict this emerging-market heavy will continue to shine, despite its northerly neighbor’s politics.
Gross domestic product (GDP)
Top 5 Imports
Top 5 exports
Top 3 Trading Partners
GDP growth rate (est.)
2.305% in 2016
1.842% in 2017
Trends and outlooks
The economy has been resilient to lower oil prices
Policy tightening in the United States
Weak trade growth, but high consumer confidence
Government corruption at all levels
Unchecked drug cartels
Plunging oil prices
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