United States-Mexico-Canada Agreement (USMCA)

3 COUNTRIES MAKE UP THE USMCA

World Economics has combined data for the 3 countries that represent the USMCA. Overall these countries account for 17% of Global GDP in 2023, and 12% of global GDP growth in the past 10 years (2012-2022).

The US, Mexico and Canada are home to over 0.5 billion people with an average life expectancy of 77 years and a current median age of 36 against a global average of 30.



Economics




USMC
Countries
Revised GDP PPP
Int$, Billions
CAGR
10 Year
Rate
%, 2012-2022
Share of
Global
GDP
%
Share of Global GDP Growth
%, 2012-2022
Revised GDP Per Capita
Int$
Government Debt to Revised GDP
%







Canada 2,145.4 1.7% 1.2% 0.7% 55,320 95.6%
Mexico 3,641.9 2.1% 2.0% 1.3% 28,352 38.6%
United States 23,666.0 2.4% 13.3% 9.6% 69,607 115.0%

USMCA
Totals / Averages:
29,453.4 N/A 16.5% 11.6% 51,093* 83.1%*


World Economics revised GDP data removes serious errors in GDP measurement.
Revised GDP data can be used to analyse and compare country investment potential, but other hidden faults may still be present in source GDP data. Learn more...


Notes:
  • GDP data includes estimates for the Informal Economy, and updated Base Years, to improve the often imperfect quality of USMCA data.
  • Debt-to-GDP ratio is total gross government debt as a proportion of revised GDP.
  • Data with an astrix (*) represents an average for all countries.
  • Offical GDP data quality is often poor in Emerging Market countries. See data quality for individual countries.







Demography




Emerging Market
Countries
Population
Data Quality
Grade
Total
Population
Millions
Life Expectancy
Years
Median
Age
Years
Statistical Capacity
0-100 Index
Age Dependency
Total






Canada A 38.8 83 40.2 100.0 47.9
Mexico A 128.5 70 29.0 80.0 50.6
United States A 340.0 77 37.7 100.0 46.3

USMCA
Totals / Averages:
N/A 507.2 77* 35.6* 93.3* 48.3*


Notes:
  • Data with an astrix (*) represents an average for all countries.
  • Statistical Capacity Index numbers shown on a scale of 0-100.
    0 = Low level of resources, 100 = High level of resources.


Key:
Data Quality Grade definitions:
         A: As good as it gets;
         B: Use with caution;
         C: Unreliable for many purposes
         D: Extremely poor quality.








Environmental, Social and Governance




Emerging Market
Countries:
Carbon Emissions
Total MTCo2e
Methane Emissions
Total MTCo2e
Population in Poverty
% of Pop
Years of Schooling
Years
Rule
of Law
0-100 Index
Corruption Levels
0-100 Index






Canada 545.6 100.5 0% 14 90.6 76
Mexico 407.2 145.9 3% 9 32.0 31
United States 5,007.3 752.4 0% 14 85.9 69

USMCA
Totals/Averages:
5,960.2 998.8 N/A 12* 69.5* 59*


Notes:
  • Data with an astrix (*) represents an average for all countries.
  • Index numbers shown on a scale of 0-100.
    Rule of Law: 0 = low rule of law, 100 = High rule of law.
    Corruption Perceptions Index: 0 = High levels of corruption, 100 = Low levels of corruption.
  • Total Carbon and Methane data expressed in MTCo2e (Million Metric Tons of CO2 equivalent)
  • Data with an astrix (*) represents an average for all countries.



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