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2.1: Country/Economy Profiles
Mexico
Key indicators, 2010
GDP (PPP) per capita (int’l $), 1985–2010
Population (millions)...............................................110.6
GDP (US$ billions)................................................1,039.1
GDP per capita (US$) .............................................9,566
GDP (PPP) as share (%) of world total..................2.09
Mexico
15,000
Latin America and the Caribbean
12,000
9,000
6,000
3,000
1986
1988
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
Global Competitiveness Index
Rank
(out of 142)
Stage of development
Score
(1–7)
GCI 2011–2012 ........................................................ 58......4.3
Factor
driven
Basic requirements (38.6%)...............................................67........ 4.6
Institutions...........................................................................103........ 3.4
Infrastructure........................................................................66........ 4.0
Macroeconomic environment ...........................................39........ 5.2
Health and primary education...........................................69........ 5.7
258
Transition
1–2
1
GCI 2010–2011 (out of 139)..................................................66........ 4.2
GCI 2009–2010 (out of 133)..................................................60........ 4.2
Transition
2–3
2
3
Efficiency
driven
Innovation
driven
Institutions
7
Innovation
5
Business
sophistication
Efficiency enhancers (50.0%)............................................53........ 4.2
Higher education and training...........................................72........ 4.1
Goods market efficiency.....................................................84........ 4.1
Labor market efficiency....................................................114........ 3.9
Financial market development ..........................................83........ 3.9
Technological readiness.....................................................63........ 3.7
Market size ...........................................................................12........ 5.6
Infrastructure
6
Macroeconomic
environment
4
3
2
Market size
Health and
primary
education
1
Higher education
and training
Technological
readiness
Innovation and sophistication factors (11.4%) ..............55........ 3.7
Business sophistication .....................................................56........ 4.1
Innovation..............................................................................63........ 3.2
Financial market
development
Goods market
efficiency
Labor market efficiency
Mexico
Economies in transition from 2 to 3
The most problematic factors for doing business
Crime and theft.....................................................................16.5
Corruption..............................................................................15.2
Inefficient government bureaucracy................................14.2
Access to financing.............................................................10.7
Tax regulations .....................................................................10.3
Restrictive labor regulations................................................9.0
Inadequate supply of infrastructure...................................5.8
Tax rates ..................................................................................5.0
Inadequately educated workforce .....................................4.2
Policy instability .....................................................................3.7
Poor work ethic in national labor force.............................2.5
Inflation....................................................................................1.1
Government instability/coups..............................................0.8
Foreign currency regulations ..............................................0.6
Poor public health..................................................................0.4
0
5
10
15
Percent of responses
20
25
Note: From a list of 15 factors, respondents were asked to select the five most problematic for doing business in their country and to rank them between
1 (most problematic) and 5. The bars in the figure show the responses weighted according to their rankings.
The Global Competitiveness Report 2011-2012 © 2011 World Economic Forum
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The Global Competitiveness Index in detail
INDICATOR
VALUE RANK/142
INDICATOR
1st pillar: Institutions
VALUE RANK/142
6th pillar: Goods market efficiency
1.01
1.02
1.03
1.04
1.05
1.06
1.07
1.08
1.09
1.10
1.11
1.12
1.13
1.14
1.15
1.16
1.17
1.18
1.19
1.20
1.21
Property rights....................................................... 4.0 ............80
Intellectual property protection ............................. 3.2 ............85
Diversion of public funds ...................................... 2.8 ............94
Public trust of politicians ....................................... 2.2 .......... 100
Irregular payments and bribes .............................. 3.6 ............91
Judicial independence........................................... 3.2 ............89
Favoritism in decisions of government officials .... 2.9 ............79
Wastefulness of government spending ................ 3.0 ............75
Burden of government regulation ......................... 2.9 .......... 102
Efficiency of legal framework in settling disputes 3.1 .......... 101
Efficiency of legal framework in challenging regs. 3.3 ............80
Transparency of government policymaking........... 4.2 ............70
Business costs of terrorism .................................. 4.5 .......... 121
Business costs of crime and violence .................. 2.7 .......... 134
Organized crime .................................................... 2.7 .......... 139
Reliability of police services.................................. 2.6 .......... 133
Ethical behavior of firms ....................................... 3.7 ............88
Strength of auditing and reporting standards ....... 4.8 ............63
Efficacy of corporate boards ................................. 4.4 ............83
Protection of minority shareholders’ interests...... 4.1 ............72
Strength of investor protection, 0–10 (best)* ....... 6.0 ............36
2.01
2.02
2.03
2.04
2.05
2.06
2.07
2.08
2.09
Quality of overall infrastructure ............................. 4.2 ............73
Quality of roads..................................................... 4.3 ............55
Quality of railroad infrastructure............................ 2.6 ............68
Quality of port infrastructure................................. 4.0 ............75
Quality of air transport infrastructure .................... 4.8 ............65
Available airline seat kms/week, millions* ..... 1,506.5 ............22
Quality of electricity supply................................... 4.3 ............83
Fixed telephone lines/100 pop.* .......................... 17.5 ............72
Mobile telephone subscriptions/100 pop.* ......... 80.6 ............96
3.01
3.02
3.03
3.04
3.05
3.06
Government budget balance, % GDP*................ -4.1 ............80
Gross national savings, % GDP* ........................ 25.1 ............40
Inflation, annual % change*.................................. 4.2 ............77
Interest rate spread, %* ....................................... 4.1 ............46
General government debt, % GDP* ................... 42.7 ............82
Country credit rating, 0–100 (best)* ....................67.6 ............41
4.01
4.02
4.03
4.04
4.05
4.06
4.07
4.08
4.09
4.10
Business impact of malaria ................................... 6.3 ............75
Malaria cases/100,000 pop.* ................................ 9.0 ............80
Business impact of tuberculosis ........................... 5.9 ............45
Tuberculosis incidence/100,000 pop.* ................. 17.0 ............38
Business impact of HIV/AIDS ............................... 5.2 ............71
HIV prevalence, % adult pop.* ............................. 0.3 ............69
Infant mortality, deaths/1,000 live births*........... 14.7 ............68
Life expectancy, years*....................................... 75.3 ............50
Quality of primary education................................. 2.8 .......... 121
Primary education enrollment, net %* ............... 98.1 ............22
5.01
5.02
5.03
5.04
5.05
5.06
5.07
5.08
Secondary education enrollment, gross %*....... 89.9 ............64
Tertiary education enrollment, gross %* .............27.2 ............79
Quality of the educational system ........................ 3.1 .......... 107
Quality of math and science education ................ 2.8 .......... 126
Quality of management schools ........................... 4.5 ............49
Internet access in schools..................................... 3.8 ............82
Availability of research and training services ........ 4.5 ............41
Extent of staff training .......................................... 3.8 ............80
2nd pillar: Infrastructure
3rd pillar: Macroeconomic environment
4th pillar: Health and primary education
5th pillar: Higher education and training
6.01
6.02
6.03
6.04
6.05
6.06
6.07
6.08
6.09
6.10
6.11
6.12
6.13
6.14
6.15
6.16
Intensity of local competition................................ 4.6 ............84
Extent of market dominance................................. 3.0 .......... 124
Effectiveness of anti-monopoly policy................... 3.2 .......... 120
Extent and effect of taxation................................. 3.3 ............83
Total tax rate, % profits*..................................... 50.5 ...........110
No. procedures to start a business*........................ 6 ............34
No. days to start a business* .................................. 9 ............35
Agricultural policy costs ........................................ 3.4 .......... 113
Prevalence of trade barriers .................................. 4.6 ............57
Trade tariffs, % duty*............................................ 8.1 ............91
Prevalence of foreign ownership........................... 5.5 ............23
Business impact of rules on FDI........................... 4.9 ............52
Burden of customs procedures ............................ 4.1 ............ 74
Imports as a percentage of GDP* ...................... 32.1 .......... 106
Degree of customer orientation............................ 4.8 ............55
Buyer sophistication.............................................. 3.4 ............73
7.01
7.02
7.03
7.04
7.05
7.06
7.07
7.08
7.09
Cooperation in labor-employer relations................ 4.3 ............63
Flexibility of wage determination .......................... 4.8 ............89
Rigidity of employment index, 0–100 (worst)* ....41.0 .......... 108
Hiring and firing practices ..................................... 3.1 .......... 123
Redundancy costs, weeks of salary* .................... 47 ............85
Pay and productivity .............................................. 3.7 ............84
Reliance on professional management ................. 4.1 ............75
Brain drain ............................................................. 3.4 ............61
Women in labor force, ratio to men*.................. 0.55 .......... 120
8.01
8.02
8.03
8.04
8.05
8.06
8.07
8.08
Availability of financial services............................. 4.6 ............69
Affordability of financial services .......................... 3.9 ............85
Financing through local equity market .................. 3.5 ............ 74
Ease of access to loans ........................................ 2.4 ............92
Venture capital availability ..................................... 2.5 ............78
Soundness of banks.............................................. 5.6 ............40
Regulation of securities exchanges....................... 3.8 ............99
Legal rights index, 0–10 (best)* ............................ 5.0 ............ 76
9.01
9.02
9.03
9.04
9.05
9.06
Availability of latest technologies .......................... 5.2 ............61
Firm-level technology absorption .......................... 4.6 ............81
FDI and technology transfer.................................. 5.2 ............24
Internet users/100 pop.*......................................31.0 ............79
Broadband Internet subscriptions/100 pop.* ...... 10.0 ............52
Internet bandwidth, kb/s/capita*........................... 2.3 ............84
2.1: Country/Economy Profiles
Mexico
7th pillar: Labor market efficiency
8th pillar: Financial market development
9th pillar: Technological readiness
10th pillar: Market size
10.01 Domestic market size index, 1–7 (best)*.............. 5.4 ............11
10.02 Foreign market size index, 1–7 (best)* ................. 5.9 ............14
11th pillar: Business sophistication
11.01
11.02
11.03
11.04
11.05
11.06
11.07
11.08
11.09
Local supplier quantity .......................................... 4.8 ............63
Local supplier quality............................................. 4.8 ............53
State of cluster development................................ 4.0 ............41
Nature of competitive advantage .......................... 3.3 ............72
Value chain breadth ............................................... 4.0 ............40
Control of international distribution....................... 4.0 ............70
Production process sophistication ........................ 4.1 ............46
Extent of marketing............................................... 4.2 ............59
Willingness to delegate authority ......................... 3.6 ............69
12.01
12.02
12.03
12.04
12.05
12.06
12.07
Capacity for innovation.......................................... 3.0 ............ 76
Quality of scientific research institutions .............. 4.0 ............54
Company spending on R&D.................................. 3.0 ............79
University-industry collaboration in R&D............... 4.0 ............45
Gov’t procurement of advanced tech products..... 3.5 ............75
Availability of scientists and engineers ................. 3.9 ............86
Utility patents granted/million pop.* ..................... 0.9 ............58
12th pillar: Innovation
Notes: Values are on a 1-to-7 scale unless otherwise annotated with an asterisk (*). For further details and explanation, please refer to the section “How to
Read the Country/Economy Profiles” on page 89.
The Global Competitiveness Report 2011-2012 © 2011 World Economic Forum
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