Unemployment rate in Mexico 2023

The statistic depicts the unemployment rate in Mexico from 1999 to 2023. In 2023, Mexico's unemployment rate was around 2.81 percent. 

Mexico's population

Mexico is the third largest country in North America. Mexico’s economy has developed and improved over the years, partially due to a better relationship with the United States. Mexico’s total population was estimated to amount to around 120 million people in 2014, with the majority, i.e. more than 60 percent, having a Mestizo background.

Despite a remarkably high migration flow between Mexico and the United States, with more than 11.5 million Mexican migrants living in the United States, Mexico’s population is still growing at a constant rate. In addition, life expectancy in Mexico is increasing, pointing towards an improvement of living conditions.

However, the high total population numbers affect the population density. In 2012, there were more than 62 inhabitants per square kilometer registered, ten more than a decade ago. This trend is most likely to increase but not worriyngly so, since Mexico is still far from being one of the countries with the highest population density . Among the Mexican metropolises, Mexico City has the highest number of residents by far.