Published on 12 Nov 2022 on Insider Monkey via Yahoo Finance

15 Biggest Mexican Companies in 2022

In this article, we will be taking a look at the 15 biggest Mexican companies in 2022. To skip our detailed analysis, you can go directly to see the 5 biggest Mexican companies in 2022.

Mexico is a developing economy with the potential to be a major economy in the coming decades, but it is plagued by its demons. Mexico has the 15th largest GDP in nominal terms not to mention the 13th largest economy in terms of purchasing power parity. While the country was able to avoid any severe impact from the South American crisis in 2002, it was one of the worst-affected countries among Latin America in the 2008 - 2009 recession which resulted in its GDP contracting by 6%.

While Mexico's economy has seen a period of strong stability which has resulted in incredibly low interest and inflation rates, there is significant wealth inequality within the country, which has continued to increase in recent years, aligned with global trends. Despite the aforementioned stability, Mexico has been facing some major issues including lack of infrastructure, lack of modernization of tax and labor laws not to mention of course the drug wars which have decimated much of the country, which we'll discuss later. Despite being a member of the Organization of Economically Developed Countries, it does lag significantly behind most other members of the organization.