México : the gateway to Latin America
México is ranked as the second largest economy in Latin America and the fourteenth largest in the world. This, combined with its abundance of natural attractions, cultural offerings, specialized infrastructure and its range of first class leisure activities, has resulted in the rapid growth of the Meetings Industry (Meetings, Incentives, Congresses and Exhibitions).
LATAM 2nd largest economy
Part of the world's most important economic block NAFTA
Free trade agreements with 45 countries: that represent a market of 1.143 billion people
México exports 380 billion dollars a year: more than 2/3 of world GDP
14th world largest Economy
México will become the 8th largest economy globally by 2050 (according to forecasts by Bloomberg and The Economist)
In 2016, tourism in the world grew at the rate of 4%: in México 9%
According to the International Association of Congresses and Conventions (ICCA), México ranks the fifth place in America in terms of the number of events it hosts. Globally it occupies the twenty-first place, with 182 congresses in 2016. These events are large-scale: in 2016, for example, Guadalajara hosted the World Congress of Ophthalmology with 8,000 attendees, México City hosted the World Congress of Cardiology and Cardiovascular Health with 5,000 participants and the Formula 1 Grand Prix Event with 350,000 participants.
The Meeting Industry plays a key role in Mexico's Economy at:
Mexico's destinations, venues and suppliers are ready, willing and able to offer the incomparable resources of México in a sustainable way to ensure the success of any congress, convention, incentive trip or exhibition.
Generates 1.5% of GDP
Represents 890 thousand jobs
Represents more than 266 thousand events annually
Around 30 million room nights yearly
29 million participants
Economic impact of 25 billion dollars