Mexico Receives 2016 In A Still-Competitive Position

Mexico has been actively working to improve its competitiveness, and will kick-off 2016 as an attractive country for investors worldwide.

Mexico saw moderate growth in 2015; the International Monetary Fund (IMF) attributes the slowdown to the fall in US industrial production, financial market volatility and reduction in oil production. 

Still, the country increased four positions in the World Economic Forum (WEF) Competitiveness Ranking thanks to the efficiency of Mexico's financial and goods markets, improvements in the business sophistication and fostering innovation categories, and recently implemented reforms. Some of the biggest changes being in areas such as energy, telecommunications, economic competence, labour and education.