Business Travel in Mexico Contributed to An Economic Impact of $273 Billion Pesos in 2015

April 15th, 2016 |

A recent study conducted by Rockport Analytics shows that $263.2 billion pesos in business travel spending in 2015 resulted in $273.5 billion pesos in Mexican GDP. Essentially, every Mexican Peso spent on business travel activity generated about $1.04 in Mexican GDP. Business travel was responsible for about 1.4 percent of Mexican GDP in 2015.  Of the $273.5 billion total, $154.1 billion accrued directly to the businesses that served business travelers or meeting attendees. Their supply chain beneficiaries received an additional indirect contribution of $84.2 billion. The downstream beneficiaries of spent business-travel supported wages received an induced contribution of $35.2 billion.  Learn more.