Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

4 of 10
BACKNEXT
Mexico
Mexico
Mexico's economic downturn is closely tied to the U.S. recession.
GDP -0.3%
Inflation 6.2%
Unemployment 5%
Markets -9.3%
Gallon of gas $2.19
Interest Rates 6.75%

Challenges The Mexican economy's close ties with the U.S. economy slowed growth to a near-standstill by the end of 2008, especially due to the drastically lower price of oil exports to the United States. The economic situation has increased tension between the two nations, as budgetary constraints keep the United States from helping to quell an escalation of drug-related violence near the border.

Solutions The Mexican government announced a $54 billion stimulus plan on Jan. 7 that increased public works spending and froze prices on gasoline, natural gas and electricity. The government also said it would invest in small businesses in an attempt to boost the struggling labor market.

See stats for all 10 countries

NEXT: Japan
Last updated March 30 2009: 8:02 AM ET
Sources: IMF, national statistics offices, central banks, natinal stock exchange, AIRINC
More Galleries
The iPhone through the years The iPhone has evolved significantly throughout its history. Here's a look at how the iPhone has developed over the years. More
10 logo changes that drove people crazy When companies change logos, the backlash is often fierce. More
Hottest new Star Wars toys unveiled BB-8 can now be yours. So can interactive Furbacca, Yoda, a three-pronged lightsaber and other toys from the Star Wars movie. More

Special Offer