Mexico Economy - 1986

GEOGRAPHICAL NAMES 

GDP: illR.O billion (1984), $2,200 per capita; 60% private consumption, 10% private investment, 10% public consumption, 7% public investment (1983); net foreign balance 14%; real growth rate 1984. 3.7%

Natural resources: petroleum, silver, copper, gold, lead, zinc, natural gas, timber

Agriculture: main crops—corn, cotton, wheat, coffee, sugarcane sorghum, oilseed, pulses, and vegetables; an illegal producer of opium poppy and cannabis for the international drug trade

Fishing: catch 1,200,000 metric tons (1984); exports valued at $481 million, imports at $21.9 million (1982)

Major industries: processing of food, beverages, and tobacco; chemicals, basic metals and metal products, petroleum products, mining, textiles and clothing, and transport equipment

Mexico

Crude steel: 10 million metric tons capac ity (19*4); 7.5 million metric tons produced (19*4)

Electric power: 21,492,000 kW capacity (1985); 83.7 billion kWh produced (1985), 1,051 kWh per capita

Exports. $23,727 billion (f.o.b., 1984); cotton, coffee, nonferrous minerals (including lead and zinc), shrimp, petroleum, sulfur, salt, cattle and meat, fresh fruit, tomatoes, machinery and equipment

Imports: $11,870 billion (f.o.b., 1984); machinery, equipment, industrial vehicles, and intermediate goods

Major trade partners: exports—53% US, 10% EC, 6% Japan (1984); imports—60% US, 16% EC, 5% Japan

Md: economic commitments, US, including Ex-lm (FY70-84), $2.9 billion; (ODA and OOF'' Western (non-US) countries (1970-83), $3 7 billion; Communist countries (1970-84), $97 million; military commitments, US (FY70-84), $7.8 million

Budget: (at controlled rate of exchange) 1984 public sector, budgeted revenues, $54.5 billion; budgeted expenditures, $63.7 billion

Monetary conversion rate: dual exchange rates—controlled rate364 pesos=US$l; “free” rate 454=US$1 (both rates as of 1 January 198t>, set daily by the Mexican Government

Fiscal year: calendar year

NOTE: The information regarding Mexico on this page is re-published from the 1986 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Mexico 1986 information contained here. All suggestions for corrections of any errors about Mexico 1986 should be addressed to the CIA or the source cited on each page.