![]() AMLO has stated that in addition to mounting environmental concerns, the planned airport is far too expensive and is embroiled in far too many layers of corruption. World Bank national accounts data, and OECD National Accounts data files. The project was to be the largest infrastructure project of the previous president, Enrique Peña Nieto. GDP Growth Rate in Mexico is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In August 2018, the incoming administration of Mexican president-elect Andrés Manuel López Obrador (also known as AMLO) stoked a new round of economic uncertainty when he announced his intention to hold a public referendum over whether to cancel the upcoming $13 billion (USD) construction of a new international airport for Mexico City, the largest city by population in the Americas. Mexico Prosperity Fund programme annual review 2019. Still, Mexico and its government face several challenges that can disrupt its forecasted growth. This programme will support inclusive economic development to reduce poverty in Mexico, and increase.Mexico gdp growth rate for 2018 was 2.20, a 0.08 increase from 2017. Mexico: Real gross domestic product (GDP) growth rate from 2018 to 2028 (compared to the previous year) Distribution of gross domestic product (GDP) across economic sectors in Mexico. ![]() Mexico gdp growth rate for 2019 was -0.20, a 2.39 decline from 2018. ![]() The Atlas of Economic Complexity is part of Harvards Growth Lab Viz Hub. Mexico gdp growth rate for 2020 was -7.99, a 7.79 decline from 2019. Discover the countries rising and falling in Harvard Growth Labs annual. Mexico has a new government as of August 2018, encouraging hope with trade negotiations with the United States, its largest trading partner. MEXICO CITYMexico’s economic activity contracted slightly in 2019 in its weakest showing in a decade as industrial production fell and services slowed. Mexico gdp growth rate for 2021 was 4.72, a 12.71 increase from 2020.The IMFand Mexico’s central bank have revised down sharply their forecasts for growth in 2022 relative to earlier estimates. After a slump to just 2.0% GDP growth in 2017, the Mexican economy is projected to grow at 2.5% in 2019 after a 2.3% gain in 2013. Mexico’s economy contracted in the last two quarters of 2021.
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