ly pass a pension and a fiscal reform. The
administration continues to face many economic challenges including
the need to upgrade infrastructure, modernize labor laws, and allow
private investment in the energy sector. CALDERON has stated that
his top economic priorities remain reducing poverty and creating
jobs.

GDP (purchasing power parity):

$1.353 trillion (2007 est.)

GDP (official exchange rate):

$893.4 billion (2007 est.)

GDP - real growth rate:

3.2% (2007 est.)

GDP - per capita (PPP):

$12,400 (2007 est.)

GDP - composition by sector:

agriculture: 4%
industry: 26.6%
services: 69.5% (2007 est.)

Labor force:

44.71 million (2007 est.)

Labor force - by occupation:

agriculture: 18%
industry: 24%
services: 58% (2003)

Unemployment rate:

3.7% plus underemployment of perhaps 25% (2007 est.)

Population below poverty line:

13.8% using food-based definition of poverty; asset based poverty
amounted to more than 40% (2006)

Household income or consumption by percentage share:

lowest 10%: 1.2%
highest 10%: 37% (2006)

Distribution of family income - Gini index:

50.9 (2005)

Investment (gross fixed):

20.8% of GDP (2007 est.)

Budget:

revenues: $227.5 billion
expenditures: $227.2 billion (2007 est.)

Fiscal year:

calendar year

Public debt:

22.8% of GDP (2007 est.)

Inflation rate (consumer prices):

4% (2007 est.)

Central bank discount rate:

NA

Commercial bank prime lending rate:

7.56% (31 December 2007)

Stock of money:

$103.5 billion (31 December 2007)

Stock of quasi money:

$168.4 billion (31 December 2007)

Stock of domestic credit:

$349.1 billion (31 December 2007)

Agriculture - products:

corn, wheat, soybeans, rice, beans, cotton, coffee, fruit, tomatoes;
beef, poultry, dairy products; wood products

Industries:

food and beverages, tobacco, chemicals, iron and steel, petroleum,
mining, textiles, clothing, motor vehicles, consumer durables,
tourism

Industrial production growth rate:

1.4% (2007 est.)

Electricity - production:

243.3 billion kWh (2007 est.)

Electricity - consumption:

202 billion kWh (2007 est.)

Electricity - exports:

1.278 billion kWh (2007 est.)

Electricity - imports:

484.2 million kWh (2007 est.)

Electricity - production by source:

fossil fuel: 78.7%
hydro: 14.2%
nuclear: 4.2%
other: 2.9% (2001)

Oil - produc