Mexico

Mexico is the most populous Spanish-speaking country in the world, the second-most populous country in Latin America after Portuguese-speaking Brazil, and the second in North America, after the United States; the third-most populous in the Americas after the two aforementioned countries. 

The economy of Mexico is the 13th largest in the world in nominal terms and the 11th largest by purchasing power parity, according to the International Monetary Fund. It is the fifth largest of emerging markets, behind China, Brazil, Russia, and India, and is the leader of the MINT group.The World Bank reported in 2009 that Mexico’s Gross National Income in market exchange rates was the second highest in Latin America, after Brazil. As such, Mexico is now firmly established as an upper middle-income country. 

Tourism is one of the most important industries in Mexico. It is the fourth largest source of foreign exchange for the country. Mexico is the eighth most visited country in the world (with over 20 million tourists a year). Since the 1960s it has been heavily promoted by the Mexican government, as “an industry without smokestacks.  Mexico has traditionally been among the most visited countries in the world according to the World Tourism Organization, and it is the second-most visited country in the Americas, after the United States. Mexico has a significant number of UNESCO World Heritage sites with the list including ancient ruins, colonial cities, and natural reserves, as well as a number of works of modern public and private architecture. Mexico has attracted foreign visitors beginning in the early nineteenth century, cultural festivals, colonial cities, nature reserves and the beach resorts. The nation’s temperate climate and unique culture – a fusion of the European and the Mesomerican are attractive to tourists. The peak tourism seasons in the country are during December and the mid-Summer, with brief surges during the week before Easter and Spring break, when many of the beaches resort sites become popular destinations for college students from the United States.

Basic Information

Capital: Mexico City
President: Enrique Pena Nieto

Currency

Mexican Peso (MXN$)

Boundaries

Mexico is bounded to the north by the United States(specifically, from west to east, by California, Arizona, New Mexico, and Texas), to the west and south by the Pacific Ocean, to the east by the Gulf of Mexico, and to the southeast by Belize, Guatemala, and the Caribbean Sea

Languages

Some of the most widely spoken languages in Mexico, aside from Spanish, are Nahuatl, Yucatec Maya, and Mixtec.

Climate

The Climate in Mexico varies according to its topography. Along the coast (on both sides of the country) it is hot and humid, unbearably so in the summer. Inland communities at higher elevations such as Guadalajara (5200 ft above sea level) and in particular close-by Lake Chapala, are much dryer and more temperate.

Major Religions

Roman Catholicism is the main religion in Mexico.

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