2019 Mexico Forecast: Doing Business in Mexico
Examining the 2019 Economic, Foreign Investment, Political, and workforce forecast for Mexico:
11 Minute video can provide you with basic insight regarding the 2019 forecast for Mexico. Franklin discusses:
Examining the 2019 Economic, Foreign Investment, Political, and workforce forecast for Mexico:
11 Minute video can provide you with basic insight regarding the 2019 forecast for Mexico. Franklin discusses:
- Overall economic status
- Economic outlook
- Foreign direct investment
- Stability of Mexican PESO
- Effects on business by New government Dec 1, 2018 and new USMCA trade deal formerly known as NAFTA
- Workforce observations
1.) Overall economic status
2.) Economic outlook
3.) Foreign direct investment
4.) Stability of Mexican PESO
5.) Effects on business by New government Dec 1, 2018 and new USMCA trade deal formerly known as NAFTA
Reuters article referenced in the video
6.) Workforce observations
Presented by Franklin D Frith II - General Manager / Principal for Human Resources Mexico S de RL
The Most Trusted PEO in Mexico. The PEO used by the Global PEO / International PEO and Employer of Record.
- Mexico’s economic freedom score is 64.8, making its economy the 63rd freest in the 2018 Index.
- Mexico is ranked 12th among 32 countries in the Americas region, and its overall score is above the regional and world averages.
2.) Economic outlook
- Economic growth rate of 2.2% in 2018
- IMF puts its 2019 economic growth outlook for Mexico at 2.7%
- As a comparison, the GDP growth rate for the USA is expected to remain between the 2 to 3% for 2019
3.) Foreign direct investment
- Mexico is one of the emerging countries most open to foreign direct investment, the world’s fifteenth largest FDI recipient.
- 39.1% from USA
- 15.4% from Spain
- 8.8% from Germany
- 7.1% from Canada
- 5.9% Japan
4.) Stability of Mexican PESO
- The Mexican peso is forecasted to fall between 18.00 MXN / USD to 20.00 MXN / USD in 2019
5.) Effects on business by New government Dec 1, 2018 and new USMCA trade deal formerly known as NAFTA
- President Lopez Obrador, is scheduled to take office on Dec. 1, 2018
- President Obrador and his prospective cabinet have subsequently sought to calm fears surrounding the incoming administration’s economic plans.
Reuters article referenced in the video
6.) Workforce observations
- Mexico is producing STEM graduates at a higher rate per capita than the US
- There is a significant increase in bilingual employees available
Presented by Franklin D Frith II - General Manager / Principal for Human Resources Mexico S de RL
The Most Trusted PEO in Mexico. The PEO used by the Global PEO / International PEO and Employer of Record.
