Canada vs Mexico
A data-driven side-by-side: investment score, economy, business climate, political stability, and tax — to help you decide where to invest, incorporate, or relocate.
Overall: Canada ranks higher
Canada scores 83/100 on our composite investment index, ahead of Mexico at 57/100. This blends economic strength, political stability, business climate, financial maturity, and growth outlook. Read the breakdown below to see where each country actually leads.
Category breakdown
82
Economic strength
Canada leads
58
90
Political stability
Canada leads
42
85
Business climate
Canada leads
58
80
Financial maturity
Canada leads
60
72
Growth outlook
Canada leads
62
Macro snapshot
2,140
GDP (USD bn)
+820.0 bn
1,320
1.5%
GDP growth (%)
-1.7 pp
3.2%
$54,000
GDP per capita (USD)
+44000.0
$10,000
2.8%
Inflation (%)
-1.8 pp
4.6%
2.2%
FDI (% of GDP)
-0.3 pp
2.5%
106%
Public debt (% of GDP)
+52.0 pp
54%
40
Population (M)
-92.0M
132
Canada — strong sectors
- Energy8.0% of GDP88
- Mining5.0% of GDP82
- Financial Services7.0% of GDP80
- Technology6.0% of GDP78
Mexico — strong sectors
- Manufacturing (Nearshoring)22.0% of GDP85
- Automotive5.0% of GDP80
- Tourism8.0% of GDP75
- Energy6.0% of GDP65
Frequently asked
Which is better for investment: Canada or Mexico?
Our composite investment index gives Canada a score of 83/100 and Mexico a score of 57/100. Canada ranks higher overall, but the right answer depends on your sector and risk tolerance — see the category breakdown above.
Is Canada a safer market than Mexico?
Risk classification puts Canada as safe (Strong fundamentals, stable governance, favorable investment climate) and Mexico as moderate (Growing economy with manageable risks - suitable for diversified portfolios).
Which has higher GDP growth: Canada or Mexico?
Canada is currently growing at 1.5% per year, vs 3.2% for Mexico. Mexico has the faster headline growth rate today.