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Latin America & Caribbean
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Upper middle income
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108,523,000 (2011)
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9,330
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Below are select highlights for the data included in the profile.
- Mexico’s overall Doing Business 2011 is higher this year, reflecting improvements for five indicators. In 2011, the country launched an online one-stop shop for initiating business registration. The reform allowed the country to jump 23 spots in the sub-ranking for the Starting a Business Indicator.
- As reported by Economist Intelligence Unit (2011), industrial production in Mexico grew more slowly in April as a drop in mining offset robust manufacturing and construction output. Seasonally-adjusted production increased by 2.8% year on year, the National Statistics Institute said on June 13th, slowing from 3.3% growth in March. Manufacturing surged by 5.2% year on year, with construction up by 3.4%. Mining production fell by 3.2%. month on month, industrial production fell by 0.1%.
- According to the latest Enterprise Surveys (2006), the top three constraints to financing in Mexico include the Practices of the Informal Sector, Corruption and Tax Rates. Among the firms surveyed, 23.59% of them expect to pay informal payments to public officials to get things done, compared to 21.21% for the region.
- Mexico’s economic freedom score is 67.8, making its economy the 48th freest out of 183 countries in the 2011 Index. Its score is 0.5 point worse than last year, reflecting declines in freedom from corruption and fiscal freedom. Mexico is ranked 3rd out of three countries in the North America region, but its score is well above the world average.
Subnational Doing Business Report
Doing Business in Mexico 2009 compares business regulations across 31 Mexican states and the Federal District in 4 key areas: starting a business, dealing with construction permits, registering property, and enforcing contracts. Doing Business in Mexico 2009 is the third subnational report for the country but the first carried out by a local think tank, the Mexican Institute for Competitiveness—with the Foreign Investment Advisory Service in an advisory role. The report’s findings suggest that Mexican cities can improve business regulation by adopting good practices already in place elsewhere in the country.
Main Findings
- The report found that 28 out of 31 cities implemented a total of 40 reforms in the areas measured by Doing Business in Mexico.
- Reforms produced tangible results, such as reducing the average time to open a business from 36 to 24 days and to register a property from 47 to 38 days, respectively.
- Time to enforce a contract across the cities varied significantly despite identical federal legislation: 248 days in Zacatecas and 560 days in Quintana Roo.
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View reports on the business environment produced by the World Bank Group within the last five years.
| A tale of two species : revisiting the effect of registration reform on informal business owners in Mexico  |
Bruhn, Miriam  |
WPS5971  |
02/12  |
| Doing business in a more transparent world 2012 - economic profile : Mexico - comparing regulation for domestic firms in 183 economies  |
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01/12  |
| Trade liberalization and export variety : a comparison of Mexico and China  |
Feenstra, Robert C.; Kee, Hiau Looi  |
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12/11  |
| Effects of the 2008-09 economic crisis on labor markets in Mexico  |
Freije, Samuel ; Lopez-Acevedo, Gladys ; Rodriguez-Oreggia, Eduardo   |
WPS5840  |
10/11  |
| Economic performance under NAFTA : a firm-level analysis of the trade-productivity linkages  |
De Hoyos, Rafael E. ; Iacovone, Leonardo  |
WPS5661  |
05/11  |
| Modelo para promover la equidad de género en empresas y agencias públicas : El proceso de certificación GEM en América Latina y el Caribe (Los casos de México, Chile, Argentina y la República Dominicana)  |
Pungiluppi, Juliana ; Castro, María Elena ; Muñoz-Boudet, Ana María   |
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07/10  |
| Regional economic growth in Mexico : recent evolution and the role of governance  |
Weiss, Eli ; Rosenblatt, David  |
WPS5369  |
07/10  |
| Global Investment Promotion Benchmarking - Eyes on COMESA   |
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04/10  |
| Mexico - Country partnership strategy progress report for the period of FY08-FY10  |
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02/10  |
| Doing business 2011 : Mexico - making a difference for entrepreneurs : comparing business regulation in 183 economies  |
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01/10  |
| Mexico : impact evaluation of sme programs using panel firm data  |
Lopez-Acevedo, Gladys, Monica Tinajero  |
WPS5186  |
01/10  |
| The economic impact of expanding access to finance in Mexico  |
Bruhn, Miriam, Inessa Love  |
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10/09  |
| Criss-crossing globalization : uphill flows of skill-intensive goods and foreign direct investment  |
Mattoo, Aaditya, Arvind Subramanian  |
WPS 5047  |
09/09  |
| Credit constraints and investment behavior in Mexico's rural economy  |
Love, Inessa, Susana M. Sanchez  |
WPS5014  |
08/09  |
| Credit constraints and investment behavior in Mexico's rural economy  |
Love, Inessa, Susana M. Sanchez  |
WPS 5014  |
08/09  |
| Lessons for Reformers: How to launch, implement and sustain regulatory reform   |
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06/09  |
| Stakeholder management in business registration reforms : lessons from ten countries  |
Masinde, Catherine ;  |
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06/09  |
| Global Investment Promotion Benchmarking 2009: Summary Report  |
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05/09  |
| Doing business 2010 : Mexico - comparing in 183 economies  |
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01/09  |
| Doing business 2009 : country profile for Mexico - comparing regulation in 181 economies  |
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09/08  |
| Cyclical movements in unemployment and informality in developing countries  |
Bosch, Mariano, William Maloney  |
WPS4648  |
06/08  |
| Mexico - Country partnership strategy  |
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03/08  |
| Mexico - Country partnership strategy  |
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03/08  |
| License to sell : the effect of business registration reform on entrepreneurial activity in Mexico  |
Bruhn, Miriam   |
WPS 4538  |
02/08  |
| Doing Business in Mexico 2009  |
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01/08  |
| Enforceability of labor law : evidence from a labor court in Mexico  |
Kaplan, David S., Joyce Sadka  |
WPS 4483  |
01/08  |
| Foreign bank acquisitions and outreach : evidence from Mexico  |
Beck, Thorsten, Maria Soledad Martinez Peria  |
WPS 4467  |
01/08  |
View projects associated with the World Bank Group's Finance and Private Sector Development unit. View brief summaries of the private sector strategy as stated in the most recent Country Assistance Strategy (CAS) document.
Mexico Country Assistance Strategy (CAS) PSD focus:
(March 2004)
- Support efforts to enhance market efficiency and increase competitiveness;
- Support efforts to develop financial markets, improve access to financial services, and expand property ownership opportunities;
- Support to promote good corporate governance and social responsibility;
- Support to integrate PYMES and rural sector into the global economy.
| Project |
Total Project Amount (US $ millions) |
Contact |
|
MX Competitiveness DPL |
300.76 |
Goldberg,Michael J. |
|
P098299 |
|
3/14/2006 - 7/30/2006 |
|
Closed |
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| Project |
Total Project Amount (US $ millions) |
Contact |
|
|
0.14 |
Ignacio Estevez |
|
575848 |
|
6/15/2010 |
|
Active |
|
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|
0.16 |
Alvaro G. Tarazona Soria |
|
576607 |
|
6/1/2010 |
|
Active |
|
|
HF Cajas Mexico |
0.37 |
William Britt Gwinner |
|
567848 |
|
4/1/2009 |
|
Active |
|
|
Progresemos |
1.00 |
Ricardo Martin Garcia Tafur |
|
561306 |
|
3/1/2008 |
|
Active |
|
|
Microcred Mex TA |
0.65 |
Camille Selosse |
|
550005 |
|
2/1/2008 |
|
Active |
|
|
E-Government Study |
0.10 |
Andi Dervishi |
|
523177 |
|
9/19/2007 - 6/30/2008 |
|
Closed |
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