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“The State of Mexico is the second biggest economy in the country”: Alfredo Del Mazo

Alfredo del Mazo, assured that “the State of Mexico has the second largest economy in the country.

FACK-CHECKING

“The State of Mexico is the second biggest economy in the country”: Alfredo Del Mazo



GRADING: TRUE
Alfredo-del-mazo (1)Alfredo-del-mazo (1)
THE FACT:
During the second official debate held between the candidates to become governor of the State of Mexico last 9 of May, the coalition PRI-PVEM-ES-NA’s candidate, Alfredo Del Mazo, stated that “the State of Mexico has the second most important economy in the country. It contributes 9.5% of the GDP. It is bigger than all of the Central-America countries combined.”

ANALYSIS::
According to INEGI, the State of Mexico indeed is the second entity that contributes the most to the country’s GDP with a 9.5% in the last registered year (2015). The first place is held by Mexico City, which contributes 16.7% of the national GDP. In the third place is Nuevo León, contributing the 7.5% of the national GDP.


As an extra fact, the states that contribute the least to the national GDP are Tlaxcala with 0.57%; Colima with 0.6%; and Nayarit with 0.7%.
At the same time, the same institution ensures that “in nominal terms, Mexico City, the State of Mexico, Nuevo León, Jalisco, Veracruz de Ignacio de la Llave, Guanajuato, Coahuila de Zaragoza, Puebla and Tamaulipas, contributed, all combined, the 60% of the national GDP to basic prices in 2015.”

Despite the above, and that Alfredo Del Mazo is showing off that the State of Mexico is the one that contributes the most to the GDP, it is important to consider that the federal entity is not the one that has experienced the biggest growth, since it last registered growth indicator (in 2015), was 1.89%, when the national growth -as it has been exposed in another Fack Checking- is 2.5%, which places it below average. The states that has grown the most are Queretaro with 7.68%; Baja California Norte with 6.98%; and Guanajuato with 6.4%.

Related to its financial activities, the State of Mexico expends only 1% to primary activities, 32% to secondary financial activities and the remaining 67% to tertiary activities, which can give an outline of the countryside’s situation.

SOURCES:
INEGI. PIB – Entidad federativa, anual. http://www.inegi.org.mx/est/contenidos/proyectos/cn/pibe/ Checked on May 13th, 2017.
INEGI. Producto Interno Bruto por Entidad Federativa, 2015. http://www.inegi.org.mx/saladeprensa/boletines/2016/especiales/especiales2016_12_02.pdf Checked on May 15th, 2017.

CONCLUSIONS:
The data given by INEGI helps to see a concrete reality, beyond the clear intention used by Alfredo Del Mazo to display his information.
Exactly, in terms of how much the State of Mexico contributes to the national GDP, added to the fact that it is the most populated federal entity in the country, it converts the state into the jewel of the crown for the political parties in the upcoming elections.

Despite that not everything in the public life of the State of Mexico is about politics, politics have turned the demography and economy into tools to float around it. Hence that Del Mazo makes such emphasis on the state GDP. Next year the federal elections are coming and, for the incoming governor, it is not just important the amount of votes and money contributed in the State of Mexico but essential; to whichever the party is.

GRADING:
INEGI, indeed, grants reason to Alfredo Del Mazo. The State of Mexico is the second entity that contributes the most to the GDP of the country with 9.5%. is that why the data showed by the candidate is TRUE.

 

By: Héctor Castañeda


22 de Mayo 2017
 

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