The OECD has improved its growth forecasts in Mexico to 3.3% in 2023 and 2.5% in 2024which overall in these two years represents the most important review of one of its member countries, which in turn is part of the G20.
In its interim Outlook report published this Tuesday, the Organization for Economic Cooperation and Development (OECD) increases its expectations for the progression of the gross domestic product (GDP) by seven tenths for this year and by another four tenths for the next.
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The 3.3% increase expected in 2023 is the second highest among OECD members that are also part of the G20only behind Turkey (4.3%).
Above all, it is a rate clearly higher than that of the United States (2.2%) and Canada (1.2%), its main partners in the North American Free Trade Agreement (NAFTA).
It is also above the 3.2% growth predicted in Brazil and 3.1% for the G20 as a whole.
As for 2024, 2.5% remains once again the second highest of countries that are both OECD and G20, behind only Turkey (2.6%) and once again at a distance from the United States (1.3%) and Canada (1.4%).
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