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November 4, 2024

Mexico | Regional Sectoral Outlook. Second Half 2024

The Mexican economy will grow at an annual rate of 1.2% by the end of 2024. Construction will close with a GDP growth of 10.1%, accumulated to the 2Q24, and will sustain the weak growth of the Mexican economy in 2024.

April 10, 2024

Mexico | Regional Sectorial Outlook. First Half 2024

By the end of 2023, the Mexican economy grew at an annual rate of 3.2%, with an extraordinary growth of 15.6% in construction and differentiated effects at the regional level. The dynamism of services underpins growth in 2023; Wholesale and Retail grew 3.9% and 4.1%, respectively.

March 26, 2024

Mexico | What about Public Policies that Foster Nearshoring?

Though nearshoring represents a great opportunity for the Mexican economy, it requires an environment that guarantees the reduction of logistic and production costs characterized by legal certainty, financial facilities and economic policies that align the incentives of foreign investors and national actors.

November 21, 2023

Mexico | Regional Sectorial Outlook. Second Half 2023

In this release of our Regional Sectoral Outlook is set apart by the change of base year in August 2023 with an updated perspective of the sectoral and regional composition of the Mexican economy. During 2024, the GDP of Finance could grow the most (5.3%), followed by Management (5.3%) and Entertainment & Recreation (4.5%)

October 13, 2023

Mexico | Tax incentives for key exporting industries

On October 11, the Mexican government published in the Official Gazette (DOF) a decree granting tax incentives to key sectors of the export industry such as the immediate deduction of the investment in new fixed assets and additional deductions of labor training expenses.

May 30, 2023

Mexico | Foreign direct investment: evidence of nearshoring?

The country received 18,636 million dollars in FDI in the year's first quarter. It is a good number.

December 19, 2022

Nearshoring: Optimism vs. reality of the Mexican economy

Mexico would face challenges on several fronts in the face of a massive arrival of production from Asia through Nearshoring. The most relevant challenge would be faced by the National Energy System, which would experience a growing and accelerated demand for energy by electricity-intensive industries.

October 20, 2022

Mexico | Nearshoring and BBVA Mexico's role in boosting Mexican exports

The North American Free Trade Agreement (NAFTA) has increased the relevance of foreign trade in the Mexican economy, and led to a deep structural change of the Mexican economy.