In Mexico, the manufacturing sector accounts for almost 19% of national GDP
In Mexico, for example, the manufacturing sector accounts for just under 19% of national GDP, ahead of trade and services. The OAS emphasized that in Latin America, oil is a key factor in the region's development, confirming a report by the Economic Commission for Latin America and the Caribbean (CEPAL), which states that the region's economies account for just over 8% of global GDP. Oil has been a determining factor in regional development, in terms of infrastructure construction, job creation and annual investment volume, while hydrocarbon production accounts for a very significant share of