Mexico’s economy, with an estimated GDP of $4,109.27 billion in 2024, is the 15th largest globally and the second largest in Latin America. Following the economic impact of COVID-19, Mexico’s economy has shown resilience, growing over 3% annually for two consecutive years. The Mexican government emphasizes an immigration policy rooted in human rights, adopting a multisectoral, inclusive, and gender-sensitive approach.
The country’s manufacturing sector is renowned globally, attracting industries to relocate their manufacturing operations to Mexico. Mexico has become a key player in the automotive industry, producing approximately 4 million units annually. Beyond automotive manufacturing, Mexico excels in aviation and aerospace, medical devices, apparel and textiles, and consumer products.
