Our mission is to display what's positive about Latin America, Latinos, and Latinas. Nobody pays us to do this. We're simply two Mexicans that want to see our region succeed, as I imagine you want to see yours.
You can call "finding metrics that speak to the potential of Latin America" cherry-picking if you'd like, but what we're posting is not made-up data.
FYI: We also post about things that we want to improve.
From 2010 to 2020, the GDP of US Latinos grew 65%. If they were their own country, it would be the 5th largest economy in the world. Latinos thriving in the US are a perfect example of how any race or culture can succeed under the right conditions.
While Latinos do have fantastic work ethics and productivity, the truth is that population growth rate also explains a lot. The Latino population grew +22% in that same 10-year period and reached 62M, compared to +4% for Non-Latinos. Almost one in five Americans are now Latino or Hispanic.
Still, here are a few other metrics that do point to Latinos being a force for development in the past decade:
Labor force: They represented 80% of additions to the labor force
Education: 2.8x faster growth in higher education graduates than Non-Latinos
Entrepreneurship: They accounted for 52% of all new employer businesses in the past decade.
Startups like Guatemalan-founded Duolingo and Brazilian-founded Brex have been now valued at several billions.
Still, there is work to be done. Latinos occupy only 4% of executive roles and less than 2% of US elected officials.
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Before you ask...YES, we also checked the MLS. It wasn't the most popular league in any state.
Based on Google Trends, the NFL now has a dominant presence, with 22 of the 32 Mexican states following the NFL over any other American league. Mexico's love for the NFL is unique in Latin America — every other country in the region prefers the NBA or the MLB.
And it's not just Google search — Mexico is the NFL's 2nd most substantial market. An estimated 8% of the country's entire population watched this year's Super Bowl on free TV alone.
[OC] The GDP of US Latinos is greater than Brazil’s and Mexico’s combined.
[OC] What is the most popular US Sports League in Mexico? Here's a breakdown per state:
latinometrics OP t1_irf27lf wrote
Reply to comment by Xenton in [OC] The GDP of US Latinos is greater than Brazil’s and Mexico’s combined. by latinometrics
Our mission is to display what's positive about Latin America, Latinos, and Latinas. Nobody pays us to do this. We're simply two Mexicans that want to see our region succeed, as I imagine you want to see yours.
You can call "finding metrics that speak to the potential of Latin America" cherry-picking if you'd like, but what we're posting is not made-up data.
FYI: We also post about things that we want to improve.