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Country Forecast Mexico Updater

  • ID: 2105425
  • Country Profile
  • March 2021
  • Region: Mexico
  • 18 Pages
  • The Economist Intelligence Unit
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The president, Andrés Manuel López Obrador of the leftist Movimiento Regeneración Nacional, will see his popularity slip, given a late and bungled response to the ongoing coronavirus (Covid-19) pandemic. Nevertheless, grow-ing public disenchantment with the president-partly arising from lacklustre progress on combating Mexico's intractable social ills, including crime and poverty-will be curbed by the president's rhetoric on high-profile corruption cases. Although the June 2021 mid-term elections will be competitive, the opposition remains weak.

Mr López Obrador has made modest headway in boosting living standards for Mexico's poorest, but The Economist Intelligence Unit expects the pandemic to slow further progress; the health crisis and high levels of polarisation before the 2021 elections will sap energy for policymaking.

Following a sharp contraction in 2020, real GDP will recover only modestly in 2021, owing to still weak investor confidence in the administration and a lack of fiscal stimulus. Growth will average 2.3% in 2022-25 as domestic and external conditions improve. However, the balance of risks is tilted to the downside.
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Country Forecast Mexico Updater

Country forecast overview: Highlights

Country forecast overview: Key indicators

Country forecast overview: Business environment rankings

Country forecast overview: Mexico's business environment at a glance
Policy towards private enterprise and competition
Policy towards foreign investment
Foreign trade and exchange controls
The labour market
Technological readiness

Fact sheet

Outlook for 2021-25: Political stability

Outlook for 2021-25: Election watch

Outlook for 2021-25: International relations

Outlook for 2021-25: Policy trends

Outlook for 2021-25: Fiscal policy

Outlook for 2021-25: Monetary policy

Outlook for 2021-25: Economic growth

Outlook for 2021-25: Inflation

Outlook for 2021-25: Exchange rates

Outlook for 2021-25: External sector

Data summary: Global outlook

Data summary: Gross domestic product, current market prices

Data summary: Gross domestic product, at constant prices

Data summary: Gross domestic product by sector of origin

Data summary: Growth and productivity

Data summary: Economic structure, income and market size

Data summary: Fiscal indicators

Data summary: Monetary indicators

Data summary: Employment, wages and prices

Data summary: Current account and terms of trade

Data summary: Foreign direct investment

Data summary: External debt

Data sources and definitions
Global data
Domestic data
Note: Product cover images may vary from those shown