High-level Mexican economy

How many hours per week does the average Mexican work ? (if employed)

Average OECD = 32h

• 24h

• 30h

• 36h

• 41h

Answer explanation

Mexican workers work the most per week in the OECD.

Germany is the lowest at 25h / week

How much GDP is produced per hour worked in Mexico?

OECD average = USD 59

• USD 14

• USD 22

• USD 37

• USD 53

Answer explanation

at $22/hr Mexico is second to last to Colombia ($20) in OECD group

First is Luxembourg at $119

the US are at $80

How many employees in MX are self-employed?

self-employment rate in the US = 6.3%

• 5%

• 10%

• 20%

• 30%

Answer explanation

Brazil is at 33% and Colombia at 51%!

The US have the lowest rate in the OECD

What share of workers are informal workers?

informal = non-salaried

• 18%

• 32%

• 56%

• 72%

Answer explanation

56% of workers are informal, including sometimes working from formal firms!

Consequence of informality = no access to social security, no contractual pay, no job security

What share of MX GDP is captured as tax to be redistributed?

OECD average = 33%

• 18%

• 25%

• 41%

• 52%

Answer explanation

at 18%, MX has the lowest tax-to-GDP ratio of the OECD

Highest is Denmark at 47%, US at 26%