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Intelrift Geoeconomic Index· Edition 1 · Q4 2026

Mexico

39.5

Moderate · 30+Rank 49 of 192+1.2 against the previous edition · #50 → #49Americas · North America · 5 of 5 sub-indices available
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Rank in its region6 / 35Americas
Rank in its income group16 / 59Upper-middle income
Comparable countriesColombiaIGE 33.8 · distance 7.1Comparable countriesGuinea-BissauIGE 39.2 · distance 7.5

Comparable countries

Nearest in the five-dimensional sub-index space (euclidean distance over shared dimensions).

What would move the score

  • Chokepoints±2.5 points
  • Sanctions±2.5 points
  • Commodity concentration±2.0 points
  • Institutional fragility±1.5 points
  • Sovereign stress±1.5 points

Change in the IGE if one sub-index moved by 10 points, with this country's effective weights.

Sub-indices against the regional and global mean

CountryRegional meanGlobal mean

Source: Intelrift, IGE. Simple means of covered countries.Data through 19 October 2026

History by edition

Hollow points are retrospectives: past years computed with the current method, without newsroom events and with the current snapshot of the sanctions lists.

Source: Intelrift, IGEData through 19 October 2026

Key factors

What drives the score

  • Designations linked to the country: 1,252 (2026), risk percentile 100.source
  • Political and security events (90 days): 95.6 (2026), risk percentile 100.source
  • Import concentration (HHI): 0.62 (2025), risk percentile 93.source
  • Rule of law (WGI): 39.4 (2025), risk percentile 85.source

Each factor comes from a sourced, dated input; the percentile says where the country sits among those covered.

How it is calculated

Weights, coverage and provenance

Chokepoints20Effective 25 %
Sanctions44Effective 25 %
Commodity concentration36Effective 20 %
Institutional fragility65Effective 15 %
Sovereign stress44Effective 15 %

5 of 5 sub-indices available · ige-v1

Provenance hash

bad3bc040a94181ff529d42da660ffae02d25716feff065fd359dc1d18b418e3

SHA-256 of the canonical JSON of the inputs, their sources and periods, the winsorisation bounds and the weights. Same inputs, same hash.

Read the methodology

Sub-index inputs

Chokepoints · 20.3

How much of the country's GDP depends on six maritime passages (Hormuz, Suez, Malacca, Bab el-Mandeb, Panama, Bosphorus) staying open, plus its imported-energy dependence, logistics performance and whether it is landlocked.

Exposure to the main chokepoint (2025)10.1 % of GDP · percentile 15
Total chokepoint exposure (2025)15.1 % of GDP · percentile 9
Net energy import dependence (2024)27.4 % · percentile 29
Fuel share of imports (2025)5.4 % · percentile 11
Landlocked (transit dependence) (2026)no · percentile 0
Logistics performance (LPI) (2022)2.9 · percentile 58

Sanctions · 44.3

Whether the jurisdiction is under a sanctions regime (and how intense), how many people and entities linked to the country appear on the OFAC, EU, UN and UK lists, how many on US export-control lists, and how much it trades with sanctioned partners.

Jurisdiction-level sanctions regimeno regime · percentile 0
Designations linked to the country (2026)1,252 · percentile 100
Designations under country programmes (2026)0 · percentile 0
Entities under US export controls (2026)15 · percentile 67
Exposure to sanctioned partners (2023)41 · percentile 55

Commodity concentration · 35.6

Concentration of exports and imports by product group (Herfindahl index), fuel and food share of imports, natural resource rents over GDP and terms-of-trade volatility.

Export concentration (HHI) (2025)0.67 · percentile 67
Import concentration (HHI) (2025)0.62 · percentile 93
Fuel and food share of imports (2025)11.7 % · percentile 0
Natural resource rents (2021)3.6 % of GDP · percentile 12
Terms-of-trade volatility (2024)3.7 % · percentile 6

Institutional fragility · 65.0

Rule of law, political stability, government effectiveness and control of corruption (WGI), the INFORM index, battle deaths, homicides and new conflict displacements per capita, and the quarter's political and security events recorded by Intelrift.

Rule of law (WGI) (2025)39.4 · percentile 85
Political stability and absence of violence (WGI) (2025)55 · percentile 60
Government effectiveness (WGI) (2025)48.7 · percentile 59
Control of corruption (WGI) (2025)29 · percentile 82
INFORM risk index (2026)4.9 · percentile 53
Battle-related deaths per 100,000 peopleinsufficient data
Intentional homicides per 100,000 people (2023)24.86 · percentile 78
New conflict displacements per 1,000 people (2025)0.08 · percentile 2
Political and security events (90 days) (2026)95.6 · percentile 100
Terror and narco incidents (90 days) (2026)insufficient data

Sovereign stress · 43.5

Reserves in months of imports, current account balance, inflation, depreciation against the dollar, external debt and its service, short-term debt over reserves, broad money over reserves, interest over revenue and Intelrift's daily country risk.

Reserves in months of imports (2025)3.7 months · percentile 80
Current account balance (2025)-0.5 % of GDP · percentile 45
Annual inflation (2025)3.8 % · percentile 15
Annual depreciation against the dollar (2025)+5.1 % · percentile 63
External debt to GNI (2024)32.9 % · percentile 19
Debt service to exports (2024)9.5 % · percentile 17
Short-term debt to reserves (2024)26.4 % · percentile 21
Broad money to reserves (2025)3.4× · percentile 19
Interest payments to revenue (2024)20 % · percentile 73
Intelrift daily country risk (2026)45 · percentile 83