Economy

Economic expansion in the north-central state of Guanajuato outpaced that of the nation as a whole in 2017, registering GDP growth of 4.5%, compared with Mexico’s rate of 2.1%. Overall, Guanajuato reported the sixth-highest increase in per capita GDP of any state in Mexico between 2013 and 2016. The state’s per capita GDP increased by 5% over...

For decades the state government has prioritised the development of the automotive industry, and these efforts have led to it becoming a vital sector for Guanajuato. As such, it is now recognised as one of Mexico’s great economic success stories. “Until 1991, when General Motors arrived in Silao, the state’s economy was mainly based on...

Among Mexico’s most celebrated and best-preserved colonial-era cities are Guanajuato City and San Miguel de Allende, both of which attract domestic and international visitors to Guanajuato. The two are renowned for their historic architecture, cultural sites and narrow, cobblestone roads, features that serve them well in drawing in high-end...

The wide-reaching transport infrastructure that connects the state’s industrial areas and population centres is one of Guanajuato’s key strengths. In fact, Guanajuato is widely considered to be one of the top-five states in terms of the quality of its infrastructure. Even more importantly, the investment practices implemented so far are likely...