Business · Economy · 3 hrs ago

Mexico ranks below Guatemala and Honduras on business stability

Mexico ranks below Guatemala and Honduras on business stability

Mexico scored 24.7 points for business stability, ranking below Guatemala and Honduras in an assessment of 149 economies.

The assessment was published by the US Chamber of Commerce and prepared by NORC, an independent research organization affiliated with the University of Chicago.

It measures five conditions for businesses: transparency, predictability, stability, accountability and due process.

Mexico ranked 91st overall, with 43.5 points across those five areas.

Stability was its weakest area, combining crime control with political stability, including the risk of unrest or abrupt changes in government.

The score fell from 27.5 in 2021, using the same method.

Poor security can put workers, facilities and shipments at risk, and a separate US government report said security costs can reach 5% of business operating budgets.

The assessment highlights security as a challenge for businesses, while the US government report notes that conditions vary widely between Mexican states.

Sources

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