Analysis by Region - Emerging Markets - Mexico
Our 2025 GDP growth forecast remains at 1.9%, up from our 1.1% estimate for 2024, as we think a recovery of net exports will likely offset a slowdown in domestic demand. Our forecast for next year is now well above the consensus of 1.2%. But we acknowledge the downside risks stemming from the US elections and the deterioration of the domestic business environment.
- Mexico: Downside risks to Sheinbaum's first year in office
- Forecast overview
- Recent developments
- Short-term outlook
- Key drivers of our short-term forecast
- Economic risk
- Economic risk evaluation
- Risk warnings
- What to watch out for
- Exposure to key global risks
- Long-term prospects
- Background
- Economic development
- Structure of the economy
- Balance of payments and structure of trade
- Policy
- Politics
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