the greatest industrial center in latin america is located in this city
Mexico City Mexico City is one of the most important economic hubs in Latin America. The city proper produces 15.8% of the country's gross domestic product.[88] According to a study conducted by PwC, Mexico City had a GDP of $390 billion, ranking it as the eighth richest city in the world and the richest in Latin America.[89] Mexico City alone would rank as the 30th largest economy in the world.[90] Mexico City is the greatest contributor to the country's industrial GDP (15.8%) and also the greatest contributor to the country's GDP in the service sector (25.3%). Due to the limited non-urbanized space at the south—most of which is protected through environmental laws—the contribution of Mexico City in agriculture is the smallest of all federal entities in the country.[88] Mexico City has one of the world's fastest-growing economies and its GDP is set to double by 2020.[91]
Mexico City Mexico City, or the City of Mexico (Spanish: Ciudad de México, American Spanish: [sjuˈða(ð) ðe ˈmehiko] ( listen);[13] abbreviated as CDMX), is the capital and most populous city of Mexico.[14] Mexico City is one of the most important financial centers in the Americas.[15] It is located in the Valley of Mexico (Valle de México), a large valley in the high plateaus at the center of Mexico, at an altitude of 2,240 metres (7,350 ft). The city consists of sixteen municipalities.