Mexico City is an important center of the Mexican economy. The city’s industry produces over 20% of the country’s GDP. Mexico City is the 8th richest city in the world and the leader among cities in Latin America.
And by 2020, according to experts, the capital of Mexico with a GDP of $607 billion will reach 7th place, displacing Osaka.
The city’s economic development is facilitated by its location in the center of transport routes. The government constantly allocates large investments to improve the city’s infrastructure. Main sectors of the economy There are many industrial enterprises in Mexico City. They are involved in such areas as automotive, metalworking, electronics, and the chemical, food, oil refining and textile industries are also rapidly developing. Banking and trade activities are becoming increasingly important. In addition, income from tourism is constantly growing.