Converter Mexican Peso (exchange rate MXN)

Mexican Peso

• iso 4217: MXN
• Mexico (South America)

Mexico Current Account

Mexico reported a current account deficit equivalent to 3.5 Billion USD in the fourth quarter of 2011. Historically, from 1960 until 2012, Mexico Current Account averaged -2200.3200 Billion USD reaching an all time high of 2173.8000 Billion USD in March of 1984 and a record low of -7908.4000 Billion USD in September of 1994. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page includes a chart with historical data for Mexico Current Account.

source: Bank of Mexico

Mexico Imports

Mexico imports were worth 30482 Million USD in April of 2012. Historically, from 1980 until 2012, Mexico Imports averaged 10170.3300 Million USD reaching an all time high of 32293.0000 Million USD in August of 2011 and a record low of 478.0000 Million USD in January of 1983. Mexico is the biggest importer in Latin America. Mexico imports mainly metalworking machines, steel mill products, agricultural machinery, electrical equipment, car parts for assembly, repair parts for motor vehicles and aircrafts. Its main import partner is United States. Mexico also imports from European Union, China and Japan. This page includes a chart with historical data for Mexico Imports.

source: INEGI

Mexico Balance of Trade

Mexico reported a trade surplus equivalent to 560 Million USD in April of 2012. Historically, from 1985 until 2012, Mexico Balance of Trade averaged -403.2400 Million USD reaching an all time high of 1457.0000 Million USD in March of 2011 and a record low of -3292.3100 Million USD in October of 2008. Mexico is the biggest exporter and importer in Latin America. Mexican trade is fully integrated with that of its North American partners: close to 86% of Mexican exports and 50% of its imports are traded with The United States and Canada. Mexico’s major exports are: manufactured goods, oil and oil products, silver, fruits, vegetables, coffee and cotton. Mexico imports mainly metalworking machines, steel mill products, agricultural machinery and electrical equipment. This page includes a chart with historical data for Mexico Balance of Trade.

source: INEGI

Mexico Exports

Mexico exports were worth 31042 Million USD in April of 2012. Historically, from 1985 until 2012, Mexico Exports averaged 11374.1300 Million USD reaching an all time high of 31540.0000 Million USD in March of 2012 and a record low of 1156.5000 Million USD in July of 1986. Mexico is the biggest exporter in Latin America. Mexico’s major exports are: manufactured goods, oil and oil products, silver, fruits, vegetables, coffee and cotton. Mexican trade is fully integrated with that of its North American partners: 82% of Mexican exports are with the United States. This page includes a chart with historical data for Mexico Exports.

source: INEGI

Mexico Unemployment Rate

The unemployment rate in Mexico was last reported at 5 percent in April of 2012. Historically, from 2000 until 2012, Mexico Unemployment Rate averaged 3.6400 Percent reaching an all time high of 5.9300 Percent in May of 2009 and a record low of 2.2200 Percent in January of 2004. The unemployment rate can be defined as the number of people actively looking for a job as a percentage of the labour force. This page includes a chart with historical data for Mexico Unemployment Rate.

source: INEGI

Mexico Retail Sales

Retail Sales in Mexico decreased 0.53 percent in March of 2012 over the previous month. Historically, from 2001 until 2012, Mexico Retail Sales averaged 0.1800 Percent reaching an all time high of 2.6000 Percent in September of 2005 and a record low of -3.6000 Percent in May of 2009. A Retail sales report provides an aggregated measure of sales of retail goods over a specific time period. Retail sales are both seasonal and volatile and their importance to the overall gross domestic product varies with each country. However, the retail sales data is widely followed by investors because is only a few weeks old. This page includes a chart with historical data for Mexico Retail Sales.

source: INEGI

Mexico Annual Retail Sales

Retail Sales in Mexico increased 4.30 percent in March of 2012 over the same month in the previous year. Historically, from 2002 until 2012, Mexico Annual Retail Sales averaged 2.2200 Percent reaching an all time high of 8.7000 Percent in November of 2004 and a record low of -6.5000 Percent in February of 2009. A Retail sales report provides an aggregated measure of sales of retail goods over a specific time period. Retail sales are both seasonal and volatile and their importance to the overall gross domestic product varies with each country. However, the retail sales data is widely followed by investors because is only a few weeks old. This page includes a chart with historical data for Mexico Annual Retail Sales.

source: INEGI

Mexico Current Account to GDP

Mexico reported a Current Account deficit of 0.80 percent of the country's Gross Domestic Product in 2011. Historically, from 1980 until 2011, Mexico Current Account to GDP averaged -1.7500 Percent reaching an all time high of 3.4000 Percent in December of 1983 and a record low of -6.1000 Percent in December of 1992. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page includes a chart with historical data for Mexico Current Account to GDP.

source: Bank of Mexico

Mexico Government Debt To GDP

Mexico recorded a Government Debt to GDP of 43.80 percent of the country's Gross Domestic Product in 2011. Historically, from 1996 until 2011, Mexico Government Debt To GDP averaged 43.3100 Percent reaching an all time high of 48.2000 Percent in December of 1996 and a record low of 37.8000 Percent in December of 2007. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page includes a chart with historical data for Mexico Government Debt To GDP.

source: International Monetary Fund

Mexico Government Budget

Mexico reported a Government Budget deficit equal to 0.50 percent of the country's Gross Domestic Product in 2011. Historically, from 1990 until 2011, Mexico Government Budget averaged -1.0300 Percent of GDP reaching an all time high of 0.8100 Percent of GDP in December of 1992 and a record low of -3.1100 Percent of GDP in December of 2009. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page includes a chart with historical data for Mexico Government Budget.

source: Secretaria de Hacienda y Credito Publico

Mexico GDP Growth Rate

The Gross Domestic Product (GDP) in Mexico expanded 1.30 percent in the first quarter of 2012 over the previous quarter. Historically, from 1993 until 2012, Mexico GDP Growth Rate averaged 0.6600 Percent reaching an all time high of 2.9000 Percent in March of 1996 and a record low of -6.6000 Percent in March of 2009. The Gross Domestic Product (GDP) growth rate provides an aggregated measure of changes in value of the goods and services produced by an economy. Mexico has a free market economy which contains a mixture of modern and outmoded industry and agriculture, increasingly dominated by the private sector. Recent administrations have expanded competition in seaports, railroads, telecommunications, electricity generation, natural gas distribution, and airports. As an export-oriented economy, more than 90% of Mexican trade is under free trade agreements (FTAs) with more than 40 countries. Mexico is the second largest national economy in Latin America. This page includes a chart with historical data for Mexico GDP Growth Rate.

source: INEGI

Mexico GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Mexico expanded 4.60 percent in the first quarter of 2012 over the same quarter of the previous year. Historically, from 2004 until 2012, Mexico GDP Annual Growth Rate averaged 2.6200 Percent reaching an all time high of 7.6000 Percent in June of 2010 and a record low of -9.6000 Percent in June of 2009. The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment. This page includes a chart with historical data for Mexico GDP Annual Growth Rate.

source: INEGI

Mexico Industrial Production

Industrial Production in Mexico increased 3.10 percent in March of 2012. Historically, from 1980 until 2012, Mexico Industrial Production averaged 2.3600 Percent reaching an all time high of 18.1000 Percent in October of 1996 and a record low of -14.8200 Percent in March of 1983. Industrial production measures changes in output for the industrial sector of the economy which includes manufacturing, mining, and utilities. Industrial Production is an important indicator for economic forecasting and is often used to measure inflation pressures as high levels of industrial production can lead to sudden changes in prices. This page includes a chart with historical data for Mexico Industrial Production.

source: INEGI

Mexico Inflation Rate

The inflation rate in Mexico was recorded at 3.41 percent in April of 2012. Historically, from 1974 until 2012, Mexico Inflation Rate averaged 28.2900 Percent reaching an all time high of 179.7300 Percent in February of 1988 and a record low of 2.9100 Percent in November of 2005. Inflation rate refers to a general rise in prices measured against a standard level of purchasing power. The most well known measures of Inflation are the CPI which measures consumer prices, and the GDP deflator, which measures inflation in the whole of the domestic economy. This page includes a chart with historical data for Mexico Inflation Rate.

source: Banco de Mexico

Mexico Business Confidence

In Mexico, business confidence improved to 54.69 in April of 2012 from 54.64 in March of 2012. Historically, from 2004 until 2012, Mexico Business Confidence averaged 51.6400 reaching an all time high of 58.4000 in April of 2007 and a record low of 32.7000 in February of 2009. In Mexico, the Monthly Survey of Business Opinion (EMOE) published by INEGI measures the expectations of the manufacturing sector. The indicators are designed so that the values fluctuate between 0 and 100. As optimism grows, the indicator would increase (with a similar decline as business leaders become more pessimistic). The value of 50 is considered the threshold between pessimism and optimism. This page includes a chart with historical data for Mexico Business Confidence.

source: INEGI

Mexico Consumer Confidence

In Mexico, consumer confidence improved to 97.2 in April of 2012 from 93.4 in March of 2012. Historically, from 2001 until 2012, Mexico Consumer Confidence averaged 96.9800 reaching an all time high of 117.6000 in August of 2001 and a record low of 77.0000 in October of 2009. In Mexico, the national statistical agency INEGI and Bank of Mexico consumer confidence survey measures the level of optimism that consumers have about the performance of the economy. Generally consumer confidence is high when the unemployment rate is low and GDP growth is high. Measures of average consumer confidence can be useful indicators of how much consumers are likely to spend. This page includes a chart with historical data for Mexico Consumer Confidence.

source: INEGI

Mexico Interest Rate

The benchmark interest rate in Mexico was last reported at 4.50 percent. Historically, from 2005 until 2012, Mexico Interest Rate averaged 6.2800 Percent reaching an all time high of 9.2500 Percent in October of 2005 and a record low of 4.5000 Percent in September of 2010. In Mexico, interest rate decisions are taken by the Bank of Mexico (Banco de México). Starting January 21,2008, Banco de México has adopted as an operating target the overnight interbank rate (tasa de fondeo bancario) instead of the level of commercial banks’ current account balances at the central bank (corto). This page includes a chart with historical data for Mexico Interest Rate.

source: Banco de Mexico

Mexico GDP per capita

The Gross Domestic Product per capita in Mexico was last reported at 6105.30 US dollars in 2010, according to a report published by the World Bank. The GDP per Capita in Mexico is equivalent to 49 percent of the world's average. Historically, from 1960 until 2010, Mexico GDP per capita averaged 4676.1700 USD reaching an all time high of 6333.0800 USD in December of 2007 and a record low of 2554.2800 USD in December of 1960. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page includes a chart with historical data for Mexico GDP per capita.

source: World Bank

Mexico GDP per capita PPP

The Gross Domestic Product per capita in Mexico was last reported at 14498.37 US dollars in 2010, when adjusted by purchasing power parity (PPP), according to a report published by the World Bank. The GDP per Capita, in Mexico, when adjusted by Purchasing Power Parity is equivalent to 66 percent of the world's average. Historically, from 1980 until 2010, Mexico GDP per capita PPP averaged 8165.4200 USD reaching an all time high of 14741.3400 USD in December of 2008 and a record low of 3942.7100 USD in December of 1980. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page includes a chart with historical data for Mexico GDP per capita PPP.

source: World Bank

Mexico Population

Historically, from 1960 until 2010, Mexico Population averaged 74.4300 Million reaching an all time high of 112.3400 Million in December of 2010 and a record low of 36.9400 Million in December of 1960. The total population in Mexico was last reported at 112.3 million people in 2010 from 36.9 million in 1960, changing 204 percent during the last 50 years. Mexico has 1.63 percent of the world´s total population which means that one person in every 61 people on the planet is a resident of Mexico. This page includes a chart with historical data for Mexico's Total Population. This page includes a chart with historical data for Mexico Population.

source: World Bank

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28 May 2012 ► Converter Mexican Peso ► Free online currency conversion based on exchange rates. Currency converter