Country comparison Mexico vs Grenada

Subscribe to our free email alert service
 
Gouvernement
GDP Growth (%) [+]20241.4%chart4.0%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q33,063K
Annual GDP [+]2024€1,715,593Mchart€1,268M2024Annual GDP [+]
Annual GDP [+]2024$1,830,489Mchart$1,372M2024Annual GDP [+]
GDP per capita [+]2024€12,970chart€10,8142024GDP per capita [+]
GDP per capita [+]2024$14,034chart$11,7052024GDP per capita [+]
Quarterly GDP [+]2025Q3€405,098M
Debt (M.€.) [+]20241,000,372chart9212022Debt (M.€.) [+]
Debt ($M) [+]20241,082,457chart9702022Debt ($M) [+]
Debt (%GDP) [+]202458.31%chart79.27%2022Debt (%GDP) [+]
Debt Per Capita [+]2024€7,563chart€8,0762022Debt Per Capita [+]
Debt Per Capita [+]2024$8,183chart$8,5122022Debt Per Capita [+]
Deficit (M.€) [+]2024-98,243chart112022Deficit (M.€) [+]
Deficit ($M) [+]2024-106,305chart112022Deficit ($M) [+]
Deficit (%GDP) [+]2024-5.73%chart0.93%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]2024520,170.9chart371.82022Expenditure (M.€) [+]
Expenditure ($M) [+]2024562,853.5chart391.82022Expenditure ($M) [+]
Education Expenditure (M.€) [+]202256,594.4chart63.32023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202259,536.9chart68.52023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202214.24%chart11.45%2025Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202451,801,498,735.8chart25.82023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202348,009.5chart27.82023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20239.36%chart7.27%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]202415,324.7
Defence Expenditure ($M) [+]202416,351.0
Defence Expenditure (%Bud.) [+]20242.97%
Expenditure (%GDP) [+]202430.32%chart28.91%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€3,933chart€3,2612022Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$4,255chart$3,4372022Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€435chart€5512023Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$459chart$5962023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€392chart€2202023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$370chart$2382023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€116
Defence Expenditure P.C. [+]2024$125
Moody's Rating [+]11/14/2024Baa2
S&P Rating [+]07/06/2022BBBNR10/31/2014S&P Rating [+]
Fitch Rating [+]04/15/2020BBB-
Corruption Index [+]202331chart532023Corruption Index [+]
Competitiveness Ranking [+]201948º
Fragile States Index [+]202469.0chart51.92024Fragile States Index [+]
RTI Raking [+]20242º
Innovation Ranking [+]202456º
Labour
Unemployment Rate [+]October 20252.6%
Unemployment rate [+]2024Q42.5%chart3.8%2024Q1Unemployment rate [+]
Unemployed [+]2024Q41,555Kchart3K2024Q1Unemployed [+]
NMW [+]2024$319.1chart$444.42023NMW [+]
NMW [+]2024€288.1
Average Wage [+]2015$6,671
Average Wage [+]2024€11,313
Human Capital Ranking [+]201769º
Markets
Euro / Mexican pesos [+]01/14/202620.7518
US Dollar exchange rate [+]01/14/202617.8167
10-Year Bond Yield [+]01/14/20269.00%
Risk Premium [+]01/14/2026618
Stock ExchangeYTD % [+]12/31/2026-0.09%
Prices
CPI (overall index) [+]October 20253.6%
PPI Year on Year [+]July 20253.8%
Money Market
Key rates [+]12/19/20257.00%
Business
Doing Business [+]201954ºchart146º2020Doing Business [+]
IPI Year on Year [+]September 2025-3.3%
Passengers vehicles Year [+]October 2025613,824
Annual Vehicles/ 1,000 p. [+]October 202511.67
Motor vehicle production [+]20234,002,047
Vehicles / 1,000 people [+]2020351.66
Taxes
Tax Revenue (%GDP) [+]202317.7%
Standard VAT [+]01/01/201016.00%chart15.00%01/01/2019Standard VAT [+]
Top tax rate + SSC [+]202235.0%chart28.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]202238,325,600chart149,0002022Annual arrivals [+]
Exports [+]2023€548,418.9Mchart€42.6M2023Exports [+]
Exports [+]2023$593,005.3Mchart$46.1M2023Exports [+]
Exports % GDP [+]202332.98%chart3.45%2023Exports % GDP [+]
Imports [+]2023€574,749.3Mchart€563.0M2023Imports [+]
Imports [+]2023$621,476.4Mchart$608.8M2023Imports [+]
Imports % GDP [+]202334.57%chart45.55%2023Imports % GDP [+]
Trade balance [+]2023€-26,330.4Mchart€-520.4M2023Trade balance [+]
Trade balance [+]2023$-28,464.8Mchart$-562.7M2023Trade balance [+]
Trade balance % GDP [+]2023-1.58%chart-42.11%2023Trade balance % GDP [+]
Socio-Demography
Global AgeWatch Ranking [+]201533º
Density [+]202468chart3452024Density [+]
Global Peace Ranking [+]2024138º
Remittance received ($M) [+]201730,600.0chart1.22017Remittance received ($M) [+]
% Immigrant [+]20200.93%chart6.38%2020% Immigrant [+]
% Emigrant [+]20208.72%chart55.05%2020% Emigrant [+]
Birth Rate [+]202315.71‰chart11.71‰2023Birth Rate [+]
Remittance sent ($M) [+]20172,749.4chart3.22017Remittance sent ($M) [+]
Crude death rate [+]20236.16‰chart8.86‰2023Crude death rate [+]
Fertility Rate [+]20231.91chart1.492023Fertility Rate [+]
Crude marriage rate [+]20243.70‰
% risk of poverty [+]202429.6%chart25.0%2018% risk of poverty [+]
Population [+]2024132,274,000chart117,2072024Population [+]
Immigrant stock [+]20201,197,624chart7,2132020Immigrant stock [+]
Emigrant stock [+]202011,185,737chart62,2042020Emigrant stock [+]
HDI [+]20220.781chart0.7932022HDI [+]
Gender Gap Ranking [+]202433º
Life expectancy [+]202375.07chart75.212023Life expectancy [+]
Suicides [+]20249,051chart12015Suicides [+]
Suicide rate [+]20246.84chart0.472015Suicide rate [+]
Number of homicides [+]202433,550chart162023Number of homicides [+]
Rate Homicides per 100.000 [+]202425.80chart13.672023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.52chart1.292023CO2 Tons per capita [+]
Annual crude oil production [+]20241,842
Crude Oil Reserves [+]20215,786.1
Consumption GWh [+]2023283,427chart2212023Consumption GWh [+]
Generation GWh [+]2023326,836chart2392023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/21/2025335,090chart23812/21/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/21/20257,629,707chart19,69312/21/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]03/03/202381,849,962chart39,03403/17/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/21/20252,533.30chart2,030.6012/21/2025COVID-19 - Deaths per million population [+]
Doses administered [+]03/03/2023223,158,993chart90,68603/17/2023Doses administered [+]
Mexico
Grenada