Banking In Mexico
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Banking In Mexico
The economy of Mexico is a Developing country, developing mixed-market economy. It is the List of countries by GDP (nominal), 13th largest in the world in nominal GDP terms and List of countries by GDP (PPP), by purchasing power parity as of 2024. Since the 1994 economic crisis in Mexico, 1994 crisis, administrations have improved the country's Macroeconomics, macroeconomic fundamentals. Mexico was not significantly influenced by the South American economic crisis of 2002, 2002 South American crisis and maintained positive, although low, rates of growth after a brief period of stagnation in 2001. However, Mexico was one of the Latin American nations most affected by the Late-2000s recession, 2008 recession, with its gross domestic product contracting by more than 6% that year. Among OECD nations, Mexico has a fairly strong Social welfare in Mexico, social security system; social expenditure stood at Welfare state#Effects, roughly 7.5% of GDP. The Mexican economy has maintained h ...
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Mexico City
Mexico City is the capital city, capital and List of cities in Mexico, largest city of Mexico, as well as the List of North American cities by population, most populous city in North America. It is one of the most important cultural and financial centers in the world, and is classified as an Globalization and World Cities Research Network, Alpha world city according to the Globalization and World Cities Research Network (GaWC) 2024 ranking. Mexico City is located in the Valley of Mexico within the high Mexican central plateau, at an altitude of . The city has 16 Boroughs of Mexico City, boroughs or , which are in turn divided into List of neighborhoods in Mexico City, neighborhoods or . The 2020 population for the city proper was 9,209,944, with a land area of . According to the most recent definition agreed upon by the federal and state governments, the population of Greater Mexico City is 21,804,515, which makes it the list of largest cities#List, sixth-largest metropolitan ...
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