Investor Presentaiton
Higher growth in 2023 and 2024, with domestic factors among the main drivers
2023 GDP: Demand
Employment: INEGI (general) and IMSS (formal sector)
% y/y nsa, % q/q sa
Millions
% y/y
GDP
2023
2024
3.3
2.4
Consumption
4.3
3.1
Investment
19.8
6.2
5655 4 2
23
-INEGI (left axis) IMSS (right axis)
60
21
19
50
17
45
40
15
Government spending
1.3
1.8
Aug-17 Aug-18
Aug-19
Aug-20 Aug-21 Aug-22 Aug-23
Exports
-4.4
-2.7
Investment
Index 100 = July 2018
Imports
6.6
1.1
114
106
98
2023
2024
90
+14.3%|
+32.4%
82
3.3
2.4
74
66
58
Jul-17
Jan-19
Jul-20
Jan-22
Jul-23
Note: Underlined figures indicate forecasts
Source: INEGI, Banorte
22
72
Div
DB
Rev
Dep
Guid
ESG
GRUPO FINANCIERO
TI
LD
Loan
BAP
Eco
NIM
NI
ROE
ICAP
Mkt
BANORTE
App
Hist
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