## Mexico on the Rebound

_IMF News, November 8, 2021_

## Source details

**Canonical URL:** [Mexico on the Rebound](https://www.imf.org/en/news/articles/2021/11/04/na110421-mexico-on-the-rebound)

## Other formats

- [Markdown version](/en/news/articles/2021/11/04/na110421-mexico-on-the-rebound/index.md)
- [Structured JSON version](/en/news/articles/2021/11/04/na110421-mexico-on-the-rebound/index.json)
- [Bundle manifest](/en/news/articles/2021/11/04/na110421-mexico-on-the-rebound/bundle-manifest.json)

## Bibliographic details
- Authors: Swarnali Hannan, Kevin Wiseman IMF Western Hemisphere Department November
- Published: November 8, 2021

---

### Overview
- By Swarnali Hannan and Kevin Wiseman, IMF Western Hemisphere Department; November 8, 2021.
- The Mexican economy is rebounding from its deepest downturn in decades and from its steepest recession in decades.
- Strong US growth and rising vaccination rates are cited as factors spurring the rebound.

### Key indicators and developments
- Manufacturing and exports are above pre-pandemic levels.
- Services are re-opening.
- Employment is recovering.
- The pandemic has produced over half a million excess deaths.
- Per capita incomes in Mexico have continued their long-term divergence from the US.
- Poverty has increased further.

### Challenges
- Raising productivity remains a key challenge.
- Tackling poverty remains a key challenge.
- The need to mitigate the scars of the pandemic is emphasized.

### Policy implications and recommendations
- Strong US growth will help demand rebound and presents an opportunity to:
  - Implement policies to secure the recovery.
  - Mitigate the scars of the pandemic.
  - Deliver strong, inclusive growth.

*By Swarnali Hannan and Kevin Wiseman, IMF Western Hemisphere Department; November 8, 2021.*

---

## Content in this bundle

- **wpiea2020215-print-pdf**
  - [wpiea2020215-print-pdf (Markdown version)](/-/media/files/publications/wp/2020/english/wpiea2020215-print-pdf.pdf.md){rel="alternate" type="text/markdown"}
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- **wpiea2021244-print-pdf - Section V discusses policy recommendations and concludes**
  - [wpiea2021244-print-pdf - Section V discusses policy recommendations and concludes (Markdown version)](/-/media/files/publications/wp/2021/english/wpiea2021244-print-pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [wpiea2021244-print-pdf - Section V discusses policy recommendations and concludes (PDF)](/-/media/files/publications/wp/2021/english/wpiea2021244-print-pdf.pdf){rel="external" type="application/pdf"}
- **wpiea2021246-print-pdf**
  - [wpiea2021246-print-pdf (Markdown version)](/-/media/files/publications/wp/2021/english/wpiea2021246-print-pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [wpiea2021246-print-pdf (PDF)](/-/media/files/publications/wp/2021/english/wpiea2021246-print-pdf.pdf){rel="external" type="application/pdf"}

---

## References

- [https://www.imf.org/en/News/country-focus](https://www.imf.org/en/News/country-focus)
- [PRESS CENTER](http://presscenter.imf.org/)
- [Mexico’s economy is rebounding](https://www.imf.org/en/Publications/CR/Issues/2021/11/05/Mexico-2021-Article-IV-Consultation-Press-Release-and-Staff-Report-504339)
- [Strong US growth](https://www.imf.org/en/News/Articles/2021/07/01/na070121-boosting-the-economy-the-impact-of-us-government-spending-plans)
- [https://www.imf.org/en/home](https://www.imf.org/en/home)

_Source: https://www.imf.org/en/news/articles/2021/11/04/na110421-mexico-on-the-rebound_