Driver Overview
This section shows a country’s rank, ranking change and score for each of the eight drivers. It also categorises each country’s driver performance on a scale from “Emerging” (score from 0-20) to “Global Leader” (score from 80-100).
Rank
Score /100
Best practice
Metric Overview
Strengths
Transparency in public procurement
Mexico’s public procurement notices are made available online and tender documents transparently detail procurement procedures. The transparency of the process encourages more participation and competition, which can drive value for money.
Financial stability
Mexico’s financial markets have shown stability, driven by a commitment to fiscal prudence. However, a slowdown in economic growth, recent stagnation of investment and the effects of the COVID-19 pandemic may pose a risk to Mexico’s financial stability.
PPP contract management
Mexico enacted PPP laws in 2012, supported by increased transparency measures. The Ministry of Finance and Public Credit is one of the principal authorities for PPPs in Mexico. Effective management of PPP projects are important to help projects stay on time and budget.
Top Performing Metrics
Top Performing Metrics
This is defined by the metrics with the highest unweighted score out of 100.
Procurement:
Transparency in public procurement
Financial markets:
Financial stability
Procurement:
PPP contract management
Opportunities to Grow
Market sounding and/or assessment
According to the World Bank, there is an absence of market sounding process in Mexico. Adding one could allow the government to determine if there is interest from investors and lenders to provide commercial financing for projects.
Long term GDP growth trend
Mexico’s long-term GDP growth was 2.2%. GDP growth may decrease following the impact of the COVID-19 pandemic.
Stocks traded
Mexico traded stocks worth 7.7% of GDP in 2019, below the Upper Middle Income Countries’ average of 25.6% of GDP. As this indicator measures the liquidity of equities, it is important to infrastructure investors to know they can exit investments at appropriate points.
Metrics to Improve
Metrics to Improve
This is defined by the metrics with the lowest weighted score out of 100, such that these metrics would have the greatest impact on the overall score.
For metrics that have binary outcomes (yes=100/no=0), no comparative income group average is reported.
Planning:
Market sounding and/or assessment
Funding capacity:
Long term GDP growth trend
Financial markets:
Stocks traded
Detailed Data
This section shows country data for each of the 41 metrics. The figures in brackets denote the change in score since InfraCompass 2017.
Note that all data has been normalised on a scale of 1-100. For raw metric data, please download the complete InfraCompass 2020 dataset.
Where relevant, some metric scores have been inverted, such that all metrics have positive relationships with good infrastructure outcomes. For example, since lower compliance costs make it easier to invest in infrastructure, the normalised value of ‘number of procedures to start a business’ has been reversed such that lower number of procedures are scored closer to 100, and higher numbers closer to 0. In other words, a score of 0 indicates a poor performance, rather than 0 number of procedures.
28.2%
The recovery rate is recorded as cents on the dollar recovered by secured creditors through reorganisation, liquidation or debt enforcement (foreclosure or receivership) proceedings.
20.7%
World Governance Composite Indicator reflecting perceptions of the extent to which agents have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence. The rule of law reflects whether the law imposes limits of power on the state, private sector and individuals.
18.1%
Whether the country conducts post-completion reviews on infrastructure projects to ensure the forecast outcomes are being achieved.
15.1%
Measures the governance practices that protect shareholders through three dimensions: the extent of shareholder rights index (shareholders’ rights and role in major corporate decisions), the extent of ownership and control index (governance safeguards protecting shareholders from undue board control and entrenchment), and the extent of corporate transparency index (corporate transparency on ownership stakes).
12.8%
Political stability and absence of violence score
Measures perceptions of the likelihood of political instability and/or politically-motivated violence, including terrorism. Estimate gives the country's score on the aggregate indicator, in units of a standard normal distribution i.e. ranging from approximately -2.5 to 2.5.
5%
Whether an infrastructure agency exists to coordinate an integrated approach to infrastructure delivery and policy.
Mexico
Upper-middle Income Countries Average
Description
The recovery rate is recorded as cents on the dollar recovered by secured creditors through reorganisation, liquidation or debt enforcement (foreclosure or receivership) proceedings.
Weighting (% of Driver)
28.2%
Source Link
Description
World Governance Composite Indicator reflecting perceptions of the extent to which agents have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence. The rule of law reflects whether the law imposes limits of power on the state, private sector and individuals.
Weighting (% of Driver)
20.7%
Description
Whether the country conducts post-completion reviews on infrastructure projects to ensure the forecast outcomes are being achieved.
Weighting (% of Driver)
18.1%
Source Link
Description
Measures the governance practices that protect shareholders through three dimensions: the extent of shareholder rights index (shareholders’ rights and role in major corporate decisions), the extent of ownership and control index (governance safeguards protecting shareholders from undue board control and entrenchment), and the extent of corporate transparency index (corporate transparency on ownership stakes).
Weighting (% of Driver)
15.1%
Source Link
Description
Measures perceptions of the likelihood of political instability and/or politically-motivated violence, including terrorism. Estimate gives the country's score on the aggregate indicator, in units of a standard normal distribution i.e. ranging from approximately -2.5 to 2.5.
Weighting (% of Driver)
12.8%
Description
Whether an infrastructure agency exists to coordinate an integrated approach to infrastructure delivery and policy.
Weighting (% of Driver)
5%
Source Link
Country Overview Data
10,062 USD
Population129.0 million persons
72.4 (0-100 best)
Infrastructure investment1.5% of GDP
Infrastructure gap1.3% of GDP
1,274 USD billion
GDP growth rate0.4%
GDP per capita growth rate3.3%
Gini coefficient48.3 (0-100 worst)
Gross Government Debt54.0% of GDP
Inflation rate3.8%
Summary credit rating63.0 (0-100 best)
Unemployment rate3.4%
Urbanisation ratio80.0% of total population
Road connectivity90.3 (0-100 best)
4.5 (1-7 best)
Efficiency of train services3.3 (1-7 best)
Efficiency of air transport services4.4 (1-7 best)
Efficiency of seaport services4.3 (1-7 best)
Electricity access100.0% of population
Electricity supply quality12.5% of output lost
Exposure to unsafe drinking water6.8% of population
Reliability of water supply4.8 (1-7 best)
Digital Adoption Index0.6 (0-1 best)
Mobile-broadband subscriptions70.0 per 100 population
Fixed-broadband Internet subscriptions14.6 per 100 population