How much is the Mexico in debt?
How much is the Mexico in debt?
In 2020 Mexico public debt was 574,306 million euros656,877 million dollars, has decreased 20,007 million since 2019….Public debt in Mexico goes down.
| Date | Debt ($M) |
|---|---|
| 2017 | 626,868 |
| 2018 | 656,138 |
| 2019 | 676,884 |
| 2020 | 656,877 |
Why is Mexico in debt with the US?
The most immediate factor is the 50 percent drop in oil prices since late last year sharply revenues from Mexican oil exports, which are critical to the country’s foreign exchange earnings, thus making it very difficult for Mexico to meet its debt obligations underlying factors stem from Mexico’s huge public sector.
How much foreign debt does Mexico have?
External Debt in Mexico averaged 69071.40 USD Million from 1980 until 2021, reaching an all time high of 463847.50 USD Million in the fourth quarter of 2019 and a record low of 0.70 USD Million in the first quarter of 1980.
Does Mexico have a high unemployment rate?
The statistic depicts the unemployment rate in Mexico from 1999 to 2020. In 2020, Mexico’s unemployment rate was around 4.71 percent. Mexico is the third largest country in North America….Mexico: Unemployment rate from 1999 to 2020.
| Characteristic | Unemployment rate |
|---|---|
| 2020 | 4.71\% |
| 2019 | 3.48\% |
| 2018 | 3.28\% |
| 2017 | 3.42\% |
Does Mexico have its own president?
Under the Constitution of Mexico, the president heads the executive branch of the federal government and is the commander-in-chief of the Mexican Armed Forces. The current president is Andrés Manuel López Obrador, who took office on 1 December 2018.
What country has highest debt?
Japan
Japan, with its population of 127,185,332, has the highest national debt in the world at 234.18\% of its GDP, followed by Greece at 181.78\%.