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    M�xico Econom�a 2000

      Econom�a - descripci�n: Mexico has a free market economy with a mixture of modern and outmoded industry and agriculture, increasingly dominated by the private sector. The number of state-owned enterprises in Mexico has fallen from more than 1,000 in 1982 to fewer than 200 in 1999. The ZEDILLO administration is privatizing and expanding competition in sea ports, railroads, telecommunications, electricity, natural gas distribution, and airports. A strong export sector helped to cushion the economy's decline in 1995 and led the recovery in 1996-99. Private consumption became the leading driver of growth, accompanied by increased employment and higher wages. Mexico still needs to overcome many structural problems as it strives to modernize its economy and raise living standards. Income distribution is very unequal, with the top 20% of income earners accounting for 55% of income. Trade with the US and Canada has nearly doubled since NAFTA was implemented in 1994. Mexico is pursuing additional trade agreements with most countries in Latin America and has signed a free trade deal with the EU to lessen its dependence on the US. The government is pursuing conservative economic policies in 2000 to avoid another end-of-term economic crisis, but it still projects an economic growth rate of 4.5% because of the strong US economy and high oil prices.

      Producto Bruto Interno (PBI): purchasing power parity - $865.5 billion (1999 est.)

      PBI - Indice de Incremento real: 3.7% (1999 est.)

      PBI - por capital: purchasing power parity - $8,500 (1999 est.)

      PBI - Composici�n por Sector:
      agriculture: 5%
      industry: 29%
      services: 66% (1999)

      Poblaci�n bajo linea de pobertad: 27% (1998 est.)

      Ingreso en casa o porcentage de consumci�n:
      lowest 10%: 1.8%
      highest 10%: 36.6% (1996)

      Indice de Inflaci�n (precios del consumidor): 15% (1999 est.)

      Fuerza Laboral: 38.6 million (1999)

      Fuerza Laboral - por ocupaci�n: agriculture 24%, industry 21%, services 55% (1997)

      Indice de desempleo: 2.5% urban (1998); plus considerable underemployment

      revenues: $117 billion
      expenditures: $123 billion, including capital expenditures of $NA (1998 est.)

      Industrias: food and beverages, tobacco, chemicals, iron and steel, petroleum, mining, textiles, clothing, motor vehicles, consumer durables, tourism

      Industrial production growth rate: 4% (1999 est.)

      Electricidad - Producci�n: 176.055 billion kWh (1998)

      Electricidad - producci�n por fuente:
      fossil fuel: 78.12%
      hydro: 13.82%
      nuclear: 5%
      other: 3.06% (1998)

      Electricidad - consumci�n: 164.767 billion kWh (1998)

      Electricidad - exportaciones: 11 million kWh (1998)

      Electricidad - importaciones: 1.047 billion kWh (1998)

      Agricultura - productos: corn, wheat, soybeans, rice, beans, cotton, coffee, fruit, tomatoes; beef, poultry, dairy products; wood products

      Exportaciones: $136.8 billion (f.o.b., 1999), includes in-bond industries (assembly plant operations with links to US companies)

      Exporationes - comodidades: manufactured goods, oil and oil products, silver, coffee, cotton

      Exportaciones - socios: US 89.3%, Canada 1.7%, Spain 0.6%, Japan 0.5%, Venezuela 0.3%, Chile 0.3%, Brazil 0.3% (1999 est.)

      Importaciones: $142.1 billion (f.o.b., 1999), includes in-bond industries (assembly plant operations with links to US companies)

      Importaciones - comodidades: metal-working machines, steel mill products, agricultural machinery, electrical equipment, car parts for assembly, repair parts for motor vehicles, aircraft, and aircraft parts

      Importaciones - socios: US 74.8%, Germany 3.8%, Japan 3.5%, Canada 1.9%, South Korea 2%, Italy 1.3%, France 1% (1999 est.)

      Deuda - externa: $155.8 billion (1999)

      Ayuda economica - recipiente: $1.166 billion (1995)

      Moneda: 1 New Mexican peso (Mex$) = 100 centavos

      Indice de intercambio: Mexican pesos (Mex$) per US$1 - 9.4793 (January 2000), 9.5604 (1999), 9.1360 (1998), 7.9185 (1997), 7.5994(1996), 6.4194 (1995)

      A�o Fiscal: calendar year

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    Revisto 01-Nov-00
    Copyright © 2000 Photius Coutsoukis (all rights reserved)