Mexico: boasting a culturally rich spread of cities, sites, traditions and historical legacy, the country performs well in terms of trade and tourism while the Mexican lifestyle shines through, outranking contenders according to indicators of livability. But where does this leave Mexico’s brand strength and talent competitiveness when factoring in perceptions of corruption and the economic value of peace?
Let’s take a closer look at:
- How “good” is Mexico?
- Economic value of peace and perceptions of corruption
- Travel, trade and business
- Quality of life in Mexico
- Attractiveness for students
- Mexico’s country brand strength and digital demand
With thanks to our friends and knowledge partners Bloom Consulting and Brand Finance for supporting our country profiles by contributing latest research insights and benchmarking data.
How “good” is Mexico?
Mexico ranks 74th in the Good Country Index, performing most strongly in sub-factors health & wellbeing (75th) and prosperity & equality (37th) while falling short in terms of science & tech (96th) and world order (103rd). Nonetheless, the World Happiness Report ranks Mexico 24th based on independent variables such as GDP per capita, social support and generosity.
The CAF World Giving Index (10th Edition) ranks Mexico 73rd overall. Comprised of rankings in helping a stranger (67th), donating money (83rd) and volunteering time (65th), the scores are based on surveys conducted worldwide by a representative sample of individuals living across the country at hand.
Lagging behind: Mexico’s global contribution in terms of Environmental Performance ranks 72nd, behind that of Sri Lanka (70th) and Equatorial Guinea (71st).
Economic value of peace and presence of corruption
The Global Peace Index (GPI) ranks Mexico 140th, behind Cameroon (138th) and Iran (139th) and just ahead of India (141st) and Palestine (142nd). Mexico is among the 86 countries which improved over the last years’ report, contributing to the first uptick in the average level of global peacefulness in the last five years, according to the GPI.
The Economic Value of Peace (2018) ranks Mexico 31st, which is determined by the economic cost of violence by country. Mexico can be grouped among the likes of Botswana (30th) and Burundi (32nd). Similarly, the Global Terrorism Index ranks Mexico 48th, seeing a negative jump of 8 positions since the last report.
Meanwhile, the Corruptions Perception Index ranks Mexico 130th out of 183 countries, scoring relatively low as compared to North American neighbors, USA (23rd) and Canada (12th).
Travel, trade and business
Drawing on the results of the Global Competitiveness Index (GCI), Mexico ranks 48th. Displaying slight growth of 0.3 points, Mexico drops two places due to other countries improving at a faster rate.
Yielding a more competitive ranking, the Travel & Tourism Competitiveness Index ranks Mexico 19th out of 140 countries. The T&T Competitiveness Index measures the set of factors and policies that enable the sustainable development of the travel and tourism sector.
Additionally, Bloom Consulting ranks Mexico in terms of Trade and Tourism, securing positions 16th and 11th respectively. Both of which reported a jump in position, 3 in terms of trade and 5 in terms in tourism.
Quality of life in Mexico
OECD Better Life Index ranks Mexico positively in terms of life satisfaction and civic engagement, with room to grow in health as well as the remaining variables which fall much farther behind the OECD competition, such as education and work-life balance.
Mexico claims the 58th position of 82 countries according to the World Economic Forum’s Social Mobility Index.
The Happy Planet Index (HPI) ranks Mexico 2nd, boasting an exceptional score in wellbeing (11th) notwithstanding results which demand improvement of economic inequality for reasons such as the top 20% of the population earning more than 13 times as much as the bottom 20% of the population, according the HPI.
Mexico: how attractive for talent and students?
The Expat Insider offers unique insight on Mexico’s performance in terms of attraction, reception and retention of talent, notably those who travel for educational purposes. Key insights include friendly locals who aid in the ease of settling in. Mexico ranks 3rd for personal happiness, and while expat parents fear for their children’s safety, they are satisfied with childcare and education, which has improved 28 places in the global benchmark study, jumping from 41st in 2018 to 13th in 2019.
In terms of higher education attractiveness, the World University Rankings consider 17 Mexican institutions of which three fall within the ranking of 601-800, while the remainder rank 1001 or greater.
Meanwhile, the Global Talent Competitiveness Index ranks Mexico 69th overall with its strongest subfactor grow, an input which assesses formal education, lifelong learning and access to growth opportunities.
Mexico’s brand strength and digital demand
US News’ Best Countries Overall ranking of 80 nations seats Mexico 33rd, while Brand Finance’s Nation Brands reports Mexico’s decline in brand value of 22% due to an unsettled year both economically and politically, ranking 18th overall. While the Global Soft Power Index 2020 similarly ranks Mexico 37th.
D2 Digital Country Index ranks Mexico 13th with its strongest division of searches landing in exports.
Last updated in June 2020. More country profiles here.
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