Mexico Productivity  Forecast


Productivity in Mexico is expected to be 109.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Productivity in Mexico to stand at 105.70 in 12 months time. In the long-term, the Mexico Productivity is projected to trend around 115.00 Index Points in 2020, according to our econometric models.


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Mexico Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 3.6 3.7 3.8 4 3.9 4.2
Employed Persons 52198611 51900000 51900000 51900000 52038983 52500000
Unemployed Persons 1870180 2370000 1948874 1920679 1925649 23600000
Labor Force Participation Rate 59.1 60 59.84 60.2 60.3 61
Labour Costs 81.3 101 86.74 87.63 88.27 105
Productivity 107 109 106 106 106 115
Wages 336 332 334 348 338 377
Wages in Manufacturing 2.3 2.3 2.3 2.3 2.2 2.4
Minimum Wages 80.04 80.04 86.02 86.02 86.02 96.17
Population 122 124 125 125 124 128
Retirement Age Women 65 65 65 65 65 65
Retirement Age Men 65 65 65 65 65 65
Living Wage Family 7912 8047 8055 8061 8064 8070
Living Wage Individual 4955 5088 5096 5100 5103 5107
Employment Rate 96.4 96.1 96.4 96.5 96.5 96.4
Wages Low Skilled 4760 4878 4879 4879 4879 5800
Wages High Skilled 15100 15700 15800 15900 20378 17400