Mexico
- Author: Economic Commission for Latin America and the Caribbean
- Main Title: Economic Survey of Latin America and the Caribbean 2007-2008 , pp 207-213
- Publication Date: December 2010
- DOI: https://doi.org/10.18356/b872b353-en
- Language: English
The growth of the Mexican economy fell from 4.8% in 2006 to 3.2% in 2007 owing, in part, to the drop in external demand generated by the slowdown of the United States economy, which receives slightly over 80% of Mexico’s exports. The economic situation was characterised by a general decline in the buoyancy of private consumption, gross fixed capital formation, job creation, household income and private-sector credit, which resulted in slower growth as the exchange rate appreciated.
© United Nations
ISBN (PDF):
9789210544580
Book DOI:
https://doi.org/10.18356/e73a5c2b-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
Countries:
Mexico
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