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November 26, 2022
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Argentina thrashes Mexico… but in inflation

Argentina thrashes Mexico... but in inflation

Mexico vs Argentina… in economics

If both nations faced their economies, Mexico would take a wide advantage in price increases, since at the end of October the country had inflation of 8.4% per year, a figure very far from the 88% rate suffered by its South American counterpart.

A similar advantage is obtained by Mexico if the reference interest rates of their respective central banks are compared, having 10% Banxico against 75% Banco de Argentina.

However, when comparing the Gross Domestic Product (GDP) per capita, that is, the value of GDP among its inhabitants, Argentina obtains an advantage over Mexico by almost 1,000 dollars.

Despite these indicators, the South American squad, whose shirt is sponsored by Adidas, can boast that Lautaro Martínez is its most valuable player, with 75 million euros, amount much higher than the 35 million quoted by the Mexican Edson Álvarez .

Below we present the key data for both nations.



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