Mexico Productivity - Forecast

Productivity in Mexico is expected to be 107.92 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 107.57 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.


Mexico Productivity
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Mexico Labour Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 3.4 3.5 3.5 3.6 3.4 3.7
Employed Persons 52876916 53000000 53400000 53600000 53738477 55000000
Unemployed Persons 1713857 1735376 1787022 2050000 1689603 22800000
Labor Force Participation Rate 59.4 59.4 59.1 59.3 59.3 59.7
Labour Costs 85 86.37 86.6 102 86.51 105
Productivity 109 108 108 111 108 115
Wages 349 354 352 356 382 397
Wages in Manufacturing 2.5 2.4 2.5 3 2.3 3
Minimum Wages 88.36 88.36 88.36 88.36 95.45 102
Population 124 125 124 125 125 128
Retirement Age Women 65 65 65 65 65 65
Retirement Age Men 65 65 65 65 65 65
Wages High Skilled 16700 16200 16200 16200 17200 17800
Wages Low Skilled 5560 5000 5000 5000 5650 5800
Living Wage Family 8260 8360 8360 8360 8450 8450
Living Wage Individual 4470 4470 4470 4470 4470 4470
Employment Rate 96.6 97.3 97.5 97.7 98 98.8