Mexico City, Feb. 22 (Xinhua) -- Mexico's gross domestic product (GDP) grew by 32%, slightly lower than 3 in 20229% growth.
Mexican industrial production grew by 3 in 2023, the data showed5%, of which the construction sector performed outstandingly, with an increase of 156%。Agriculture and animal husbandry increased by 19%, and the service sector grew by 31%。
Mexico's Deputy Minister of Finance, Gabriel Yorio, previously said that synergies between public and private investment are continuing to drive Mexican economic growth.
According to data released by the Mexican Ministry of Economy on the 14th, the amount of foreign direct investment in Mexico in 2023 will hit a record high, reaching 360$5.8 billion, an increase of 27% from the previous year. Of these, 50% of the investment is concentrated in the manufacturing sector, including transportation equipment, beverages and metals.
Previously, Mexico's economy grew at 25% to 35%.
A number of analysts believe that Mexico's economic growth in 2023 is basically in line with previous expectations. In a November 2023 report**, the country's economy grew at 31% to 35%. (ENDS).