Coat of Arms
President Enrique Peña Nieto
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» Mexico City
» None at federal level
» Federal presidential constitutional republic
» 1,972,550 km2
» 118,395,054 (11th)
» $2.2602 trillion (11th)
» Per capita $18,714.05 (65th)
» $1.3673 trillion (15th)
» Per capita $11,320.91 (64th)
» Peso (MXN)
» (UTC−8 to −6)
Mexico officially the United Mexican States (Spanish: Estados Unidos Mexicanos is a federal republic in North America. It is bordered on the north by the United States; on the south and west by the Pacific Ocean; on the southeast by Guatemala, Belize, and the Caribbean Sea; and on the east by the Gulf of Mexico.
Covering almost two million square kilometres (over 760,000 sq mi), Mexico is the fifth-largest country in the Americas by total area and the 13th largest independent nation in the world.
With an estimated population of over 113 million, it is the eleventh most populous and the most populous Spanish-speaking country in the world and the second most-populous country in Latin America.
Mexico is a federation comprising thirty-one states and a Federal District, its capital and largest city.
In pre-Columbian Mexico many cultures matured into advanced civilizations such as the Olmec, the Toltec, the Teotihuacan, the Zapotec, the Maya and the Aztec before first contact with Europeans. In 1521, the Spanish Empire conquered and colonized the territory from its base in Mexico-Tenochtitlan, which was administered as the Viceroyalty of New Spain.
This territory would eventually become Mexico following recognition of the colony’s independence in 1821.
Mexico has the 15th largest nominal GDP and the 11th largest by purchasing power parity.
GDP annual average growth for the period of 1995–2002 was 5.1%. Mexico’s Gross Domestic Product (GDP) in purchasing power parity (PPP) was estimated at US $2.2602 trillion in 2015, and $1.3673 trillion in nominal exchange rates.
As such, its standard of living, as measured in GDP in PPP per capita was US $18,714.05.
The World Bank reported in 2009 that the country’s Gross National Income in market exchange rates was the second highest in Latin America, after Brazil at US $1,830.392 billion, which lead to the highest income per capita in the region at $14,400.
As such, Mexico is now firmly established as an upper middle-income country. After the slowdown of 2001 the country has recovered and has grown 4.2, 3.0 and 4.8 percent in 2004, 2005 and 2006, even though it is considered to be well below Mexico’s potential growth.
Mexico is ranked 25 with an Economic Complexity Index (ECI) of 0.989139
Top 5 Products exported by Mexico
- Crude Petroleum (13%),
- Cars (8.9%),
- Computers (5.4%),
- Video Displays (5.4%),
- Delivery Trucks (5.0%)
Top 5 Export destinations of Mexico
Tourism in Mexico is a very large industry. Mexico has been traditionally among the most visited countries in the world according to the World Tourism Organization and it is the most visited country in the Americas, after the United States.
The most notable attractions are the Meso-American ruins, cultural festivals, colonial cities, nature reserves and the beach resorts.
The nation’s temperate climate and unique culture – a fusion of the European and the Meso-American – make Mexico an attractive destination.
The peak tourism seasons in the country are during December and the mid-Summer, with brief surges during the week before Easter and Spring break, when many of the beach resort sites become popular destinations for college students from the United States.
The majority of tourists come to Mexico from the United States and Canada. Other visitors come from Europe and Asia. A small number of tourists also come from other Latin American countries.
There is also a burgeoning domestic tourism trade as a growing affluent middle class begins to go on holiday within their own country. While Mexico’s middle/lower class usually promotes national tourism, the middle/higher class usually prefers to travel overseas.
- Beaches in Mexico – Mexico boasts a fantastic variety of beaches along both coasts. On the Baja California Peninsula, many head for Los Cabos, to San Lucas and San José.
- Cancun – Those with a ticket to one of Cancún’s 15,000-capacity beach parties will want to sleep all day as they will need all the energy they can get. Spring Break is the ultimate party period.
- Cenotes – The limestone terrain of the Yucatán peninsula is peppered with deep, naturally formed pools known as cenotes, ideal for swimming or diving.
- Chichén-Itzá – The ceremonial city of Chichén-Itzá was built over 1,000 years ago, but the Mayan magic still draws crowds.
- Costa Azul – Mexican resorts offer a full range of water sports, including windsurfing, sea-kayaking and parasailing.
- Cozumel – The reefs surrounding Cozumel island are prized diving spots known for their tropical marine life and unusual coral formations.
- Isla Janitzio – Janitzio, off Lake Pátzcuaro, is considered the most magical place to witness Mexico’s Day of the Dead festival, with candlelit boats conveying Purépecha villagers
- Mexico City – The capital is positively brimming with historic and cultural attractions.
- Popocatépetl and Iztaccíhuatl – The two snow-capped volcanoes east of Mexico City make for memorable hiking and climbing.
- Puebla – For chic colonial-style, look no further than Puebla, nestled in the foothills of the Sierra Madre.