The Mexican miracle is a term used to refer to the country's inward-looking development strategy that produced sustained economic growth. It is considered to be a golden age in Mexico's economy in which the Mexican economy grew 6.8% each year. It was a stabilizing economic plan which caused an average growth of 6.8% and industrial production to increase by 8% with inflation staying at only 2.5%. Beginning roughly in the 1940s, the Mexican government would begin to roll out the economic plan that they would call "the Mexican miracle," which would spark an economic boom beginning in 1954 spanning some 15 years and would last until 1970. In Mexico, the Spanish economic term used is "Desarrollo estabilizador" or "Stabilizing Development."

Mexico, officially the United Mexican States, is a country in the southern portion of North America. It covers 1,972,550 km2, making it the world's 13th-largest country by area; with a population of almost 130 million, it is the 10th-most-populous country and the most populous Spanish-speaking country. Mexico is organized as a federal constitutional republic comprising 31 states and Mexico City, its capital. It shares land borders with the United States to the north, with Guatemala and Belize to the southeast; as well as maritime borders with the Pacific Ocean to the west, the Caribbean Sea to the southeast, and the Gulf of Mexico to the east.