with a mixture of
modern and outmoded industry and agriculture, increasingly dominated by
the private sector. Recent administrations have expanded competition
in seaports, railroads, telecommunications, electricity, natural
gas distribution, and airports. Income distribution remains highly
unequal. Trade with the US and Canada has tripled since the implementation
of NAFTA in 1994. Following 6.9% growth in 2000, real GDP fell 0.3% in
2001, with the US slowdown the principal cause. Positive developments in
2001 included a drop in inflation to 6.5%, a sharp fall in interest rates,
and a strong peso that appreciated 5% against the dollar. Mexico City
implemented free trade agreements with Guatemala, Honduras, El Salvador,
and the European Free Trade Area in 2001, putting more than 90% of
trade under free trade agreements. Foreign direct investment reached
$25 billion in 2001, of which $12.5 billion came from the purchase of
Mexico's second largest bank, Banamex, by Citigroup.

GDP: purchasing power parity - $920 billion (2001 est.)

GDP - real growth rate: -0.3% (2001 est.)

GDP - per capita: purchasing power parity - $9,000 (2001 est.)

GDP - composition by sector: agriculture: 5% industry: 26% services: 69%
(2001 est.)

Population below poverty line: 40% (2001 est.)

Household income or consumption by percentage share: lowest 10%: 1.6%
highest 10%: 41.1% (2001)

Distribution of family income - Gini index: 51.9 (1996)

Inflation rate (consumer prices): 6.5% (2001 est.)

Labor force: 39.8 million (2000)

Labor force - by occupation: agriculture 20%, industry 24%, services 56%
(1998)

Unemployment rate: urban - 3% plus considerable underemployment (2001)

Budget: revenues: $136 billion expenditures: $140 billion, including
capital expenditures of $NA (2001 est.)

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

Industrial production growth rate: -3.4% (2001 est.)

Electricity - production: 194.367 billion kWh (2000)

Electricity - production by source: fossil fuel: 75.91% hydro: 16.88%
other: 3.19% (2000) nuclear: 4.02%

Electricity - consumption: 182.829 billion kWh (2000)

Electricity - exports: 77 million kWh (2000)

Electricity - imports: 2.145 billion kWh (2000)

Agriculture - products: corn, wheat, soybeans, rice, beans, cotton,
coffee, fruit, tomatoes; beef, poultry, dairy