The best PEO provider in Mexico
The best PEO provider and record employer services. Also in Brazil. Mexico is the largest Spanish-speaking country in the world. It is among the 5 countries with the highest biodiversity in the world due to its privileged geographical location, its climate, and its diverse topography. It has the most UNESCO World Heritage sites
Economy in Mexico
It is the second-largest economy in Latin America and the fourteenth economy in the world. Goldman Sachs predicts that Mexico’s economy will be the world’s eighth-largest by 2050.
Mexico is part of 13 treaties with more than 45 countries, which gives it access to 61% of world GDP and more than 50% of world trade.
Mexico attracts the largest amount of Foreign Direct Investment (FDI) in Central and South America. It enjoys a strategic and active geographical location as a transit point between North America and Latin America.
Importance of small and medium market in Mexico.
Sized companies Small or Medium Enterprises (SMEs), are a determining link in the chain of economic activity and are essential for regional and local development. 95.4% of companies across the country are SMEs. Their contribution is 52% of GDP. In addition, they represent 72% of the jobs in Mexico.
Population characteristics in Mexico
Mexico has of population of 135 million people, making it the most populous Spanish-speaking country in the world. About 1/5 of the population lives in or near Mexico City (the capital) and the neighboring State of Mexico, which together have 25.1 million people.
It has a predominantly young population, compared to other industrialized countries. In the last census, in 2015, more than 55% of the population was under 30 years old.
Although the majority of the population speaks Spanish, more than 7 million Mexicans also speak one of the 62 indigenous languages in the country.
Maya and Nahuatl are the most widely spoken.
The states with the highest percentage of speakers of indigenous languages are Oaxaca, Chiapas and Yucatan.