Current Coronavirus Status: As of May XNUMX

The upper curve is the total number of infected people

The bar graph below is the number of new infections

Infected: XNUMX

Suspected infection: XNUMX

Dead: XNUMX

 

The Central Bank of Mexico

Let Mexico's GDP fall by XNUMX-XNUMX% this year,

released a new estimate.

For three scenarios,

(XNUMX) Rapid V-shaped recovery,

(XNUMX) V-shaped recovery that has a large impact and takes time

③ U-shaped recovery

Is listed.

In the case of a rapid V-shaped recovery,

The decline in GDP is about XNUMX%,

About XNUMX% down in the case of U-shape,

Even in XNUMX, the recovery will be slow.

Even during the Great Depression of XNUMX, it was down XNUMX%,

You can see how big the impact is.

 

For Mexico,

The catastrophic state of the tourism industry has had a major impact.

Because,

The tourism industry accounts for XNUMX% of GDP (XNUMX),

This is because it is the industry that earns the third foreign currency (XNUMX) after oil and automobiles.

Mexico is the XNUMXth largest foreign currency earner in the world from tourism.

 

About XNUMX million foreign tourists enter Mexico each year.

The economic effect of foreign tourists is about XNUMX trillion yen.

It's a big impact now that it's zero.

 

If this situation continues through the summer,

The GDP of the tourism industry is XNUMX%,

XNUMX% drop at worst,

The tourism industry's share of the overall GDP is also expected to fall from XNUMX% to half.

 

Source:

https://www.eluniversal.com.mx/