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    Published on Tuesday, November 8, 2022

    Mexico | Economy out of this world

    Summary

    The space economy is one of the markets with the largest potential. Mexico must search for a way to be part of it. Manufacturing and human capital could be the route map.

    Key points

    • Key points:
    • The US space economy accounted for $125.9 billion of real GDP in 2019.
    • Aerospace and electronic industries are two ways for Mexico to be in this value chain.
    • Given the limitations of physical capital, human capital can be another way for the incorporation of Mexico.

    Geographies

    Topics

    Authors

    Samuel Vázquez BBVA Research - Principal Economist

    Documents and files

    Press article (PDF)

    ArtPrensa_SamuelVazquez_08Nov22.pdf

    Spanish - November 8, 2022

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