ds. Income distribution is very unequal, with the
top 20% of income earners accounting for 55% of income. Trade with the
US and Canada has nearly doubled since NAFTA was implemented in 1994.
Mexico is pursuing additional trade agreements with most countries in
Latin America and has signed a free trade deal with the EU to lessen
its dependence on the US. The government is pursuing conservative
economic policies in 2000 to avoid another end-of-term economic
crisis, but it still projects an economic growth rate of 4.5% because
of the strong US economy and high oil prices.

GDP: purchasing power parity - $865.5 billion (1999 est.)

GDP - real growth rate: 3.7% (1999 est.)

GDP - per capita: purchasing power parity - $8,500 (1999 est.)

GDP - composition by sector:
agriculture: 5%
industry: 29%
services: 66% (1999)

Population below poverty line: 27% (1998 est.)

Household income or consumption by percentage share:
lowest 10%: 1.8%
highest 10%: 36.6% (1996)

Inflation rate (consumer prices): 15% (1999 est.)

Labor force: 38.6 million (1999)

Labor force - by occupation: agriculture 24%, industry 21%, services
55% (1997)

Unemployment rate: 2.5% urban (1998); plus considerable
underemployment

Budget:
revenues: $117 billion
expenditures: $123 billion, including capital expenditures of $NA
(1998 est.)

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

Industrial production growth rate: 4% (1999 est.)

Electricity - production: 176.055 billion kWh (1998)

Electricity - production by source:
fossil fuel: 78.12%
hydro: 13.82%
nuclear: 5%
other: 3.06% (1998)

Electricity - consumption: 164.767 billion kWh (1998)

Electricity - exports: 11 million kWh (1998)

Electricity - imports: 1.047 billion kWh (1998)

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

Exports: $136.8 billion (f.o.b., 1999), includes in-bond industries
(assembly plant operations with links to US companies)

Exports - commodities: manufactured goods, oil and oil products,
silver, coffee, cotton

Exports - partners: US 89.3%, Canada 1.7%, Spain 0.6%, Japan 0.5%,
Venezuela 0.3%, Chile 0.3%, Brazil 0.3% (1999 est.)

Imports: $142.1 billion (f.o.b., 1999), includes in-bond industries
(assembly plant operations with links to US companies)

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