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Economic Viewpoint

Mexico’s Economy: Calm Within the Storm

April 12, 2018
François Dupuis, Vice-President and Chief Economist • Carine Bergevin-Chammah, Economist

For Mexico, 2017 was a year with a lot of upheaval. Despite everything from natural disasters to the U.S. protectionist threats, the country still saw its real GDP increase by 2.0%. Even though the economy remains stable, the political instability in its relations with its northern neighbour and the looming Mexican federal election in July penalized investment. However, other factors could weaken Mexico’s economy over the longer term.

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