Download the full LatAm Daily Briefing Latin American economies suffered their worst recession in memory in 2020 amid the pandemic. According to preliminary data, the region’s GDP contracted 7.3%, by far the deepest slide in at least 80 years. By comparison, Latin America’s GDP contracted 1.9% in 2009 amid the Great Recession. Last year’s contraction also eclipsed the region’s recession during the debt crisis of 1983, when...
GDP | Reference | Last | Previous | Units | Frequency |
---|---|---|---|---|---|
Private Consumption | 2020 Q3 | 14,531,605 | 12,942,366 | Mil. MXN, SAAR | Quarterly |
Real Private Consumption | 2020 Q3 | 10,965,265 | 9,909,705 | Mil. 2013 MXN, SAAR | Quarterly |
Nominal Gross Domestic Product | 2020 Q3 | 23,360,941 | 20,012,262 | Mil. MXN, SAAR | Quarterly |
Real Gross Domestic Product | 2020 Q3 | 16,927,083 | 15,097,536 | Mil. 2013 MXN, SAAR | Quarterly |
Real Fixed Investment (gross fixed capital formation) | 2020 Q3 | 2,921,246 | 2,335,721 | Mil. 2013 MXN, NSAAR | Quarterly |
Real Investment | 2020 Q3 | 2,886,231 | 2,385,857 | Mil. 2013 MXN, SAAR | Quarterly |
Real Government Consumption | 2020 Q3 | 2,225,685 | 2,217,601 | Mil. 2013 MXN, SAAR | Quarterly |
Investment | 2020 Q3 | 4,389,870 | 3,649,981 | Mil. MXN, SAAR | Quarterly |
Nominal Fixed Investment (gross fixed capital formation) | 2020 Q3 | 4,410,893 | 3,574,921 | Mil. MXN, NSAAR | Quarterly |
Government Consumption | 2020 Q3 | 2,968,245 | 2,927,435 | Mil. MXN, SAAR | Quarterly |
Price | Reference | Last | Previous | Units | Frequency |
Consumer Price Index (CPI) | Jan 2021 | 110.21 | 109.27 | Index 2nd half Jul2018=100, NSA | Monthly |
Producer Price Index (PPI) | Jul 2019 | 131.63 | 131.44 | Index Jul2019=100, NSA | Monthly |
Labor | Reference | Last | Previous | Units | Frequency |
Unemployment Rate | Jan 2021 | 4.73 | 3.8 | %, NSA | Monthly |
Wage & Salaries | 2019 | 5,586,778 | 5,346,327 | Mil. MXN | Annual |
Secondary Industries Employment | 2019 Q4 | 13,788,402 | 13,889,872 | #, NSA | Quarterly |
Tertiary Industries Employment | 2019 Q4 | 34,670,599 | 33,986,773 | #, NSA | Quarterly |
Primary Industries Employment | 2019 Q4 | 6,909,819 | 7,007,028 | #, NSA | Quarterly |
Agriculture Employment | 2019 Q4 | 6,909,819 | 7,007,028 | #, NSA | Quarterly |
Unemployment | 2019 Q4 | 1,942,071 | 2,147,638 | #, NSA | Quarterly |
Total Employment | 2019 Q4 | 55,683,450 | 55,201,939 | #, NSA | Quarterly |
Labor Force Employment | 2019 Q4 | 55,683,450 | 55,201,939 | #, NSA | Quarterly |
Labor Force | 2019 Q4 | 57,625,521 | 57,349,577 | #, NSA | Quarterly |
Real Wages & Salaries | Jun 2019 | 104.7 | 110.7 | Index 2008=100, NSA | Monthly |
Trade | Reference | Last | Previous | Units | Frequency |
Exports of Goods | Jan 2021 | 32,704 | 43,163 | Million Dollars, NSA | Monthly |
Imports of Goods | Jan 2021 | 33,940 | 36,901 | Million Dollars, NSA | Monthly |
Balance of Goods | Jan 2021 | -1,236 | 6,261 | Million Dollars, NSA | Monthly |
Current Account Balance | 2020 Q4 | 17,408 | 17,497 | Mil. USD, NSA | Quarterly |
Imports of Goods and Services | 2020 Q3 | 8,884,269 | 7,672,525 | Mil. MXN, SAAR | Quarterly |
Real Net Exports | 2020 Q3 | 1,172,458 | 20,873 | ******* | Quarterly |
Real Imports of Goods and Services | 2020 Q3 | 5,630,564 | 4,832,072 | Mil. 2013 MXN, SAAR | Quarterly |
Real Exports of Goods and Services | 2020 Q3 | 6,803,022 | 4,852,945 | Mil. 2013 MXN, SAAR | Quarterly |
Exports of Goods and Services | 2020 Q3 | 10,244,274 | 7,049,725 | Mil. MXN, SAAR | Quarterly |
Net Exports | 2020 Q3 | 1,360,004 | -622,799 | Mil. MXN, SAAR | Quarterly |
Government | Reference | Last | Previous | Units | Frequency |
Government Revenues | Dec 2020 | 4,088,500 | 3,675,708 | Mil. MXN YTD, NSA | Monthly |
Government Expenditures | Dec 2020 | 4,684,100 | 4,030,715 | Mil. MXN YTD, NSA | Monthly |
Government Budget Balance | Dec 2020 | -595,599 | -355,006 | Mil. MXN YTD, NSA | Monthly |
Outstanding Public Debt | Dec 2020 | 12,000 | 11,404 | Bil. MXN, NSA | Monthly |
Outstanding Public Debt - Domestic | Dec 2020 | 7,596 | 6,849 | Bil. MXN, NSA | Monthly |
Outstanding Public Debt - Foreign | Dec 2020 | 4,404 | 4,555 | Bil. MXN, NSA | Monthly |
Markets | Reference | Last | Previous | Units | Frequency |
Stock Market Index | 25 Feb 2021 | 44,310 | 45,151 | Index, NSA | Daily |
Lending Rate | 25 Feb 2021 | 4.04 | 4.07 | Percent, NSA | Business Daily |
Treasury Bills (over 31 days) | 25 Feb 2021 | 4.03 | 4.02 | %, NSA | Thursday Weekly |
Average Long-term Government Bond | 11 Feb 2021 | 6.45 | %, NSA | Thursday Weekly | |
Money Market Rate | Nov 2020 | 4.5 | 4.53 | % p.a., NSA | Monthly |
Monetary Policy Rate | Jun 2017 | 7 | 6.75 | % - End of period | Monthly |
Real Estate | Reference | Last | Previous | Units | Frequency |
House Price Index | 2018 Q4 | 146.5 | 145.5 | Index 2012=100, NSA | Quarterly |
Dwelling Stocks | 2010 | 28,614,991 | # | Annual | |
Consumer | Reference | Last | Previous | Units | Frequency |
Consumer Confidence | Jul 2019 | 105.13 | 106.08 | Dif. Index=100, NSA | Monthly |
Business | Reference | Last | Previous | Units | Frequency |
Business Confidence | Jan 2021 | 43.98 | 43.2 | Dif. Index=50, NSA | Monthly |
Industrial Production | Dec 2020 | 97.86 | 97.74 | Index 2013=100, SA | Monthly |
Real Change in Inventories | 2020 Q3 | 96,488 | 70,419 | Mil. 2013 MXN, SAAR | Quarterly |
Change in Inventories | 2020 Q3 | 127,576 | 111,960 | Mil. MXN, SAAR | Quarterly |
Demographics | Reference | Last | Previous | Units | Frequency |
Population | 2019 Q4 | 126,371,358 | 126,078,860 | #, NSA | Quarterly |
Birth Rate | 2018 | 17.6 | 17.92 | # per 1000 people | Annual |
Death Rate | 2018 | 6.01 | 5.93 | # per 1000 people | Annual |
Net Migration | 2012 | -300,000 | # | Annual | |
Deaths | 2009 | 563,516 | 538,288 | # | Annual |