Business demography meaning

With a population of about 129 million in 2022, Mexico is the 10th most populated country in the world.
It is the largest Spanish-speaking country in the world and the third-most populous country in the Americas after the United States and Brazil.
Throughout most of the 20th century Mexico's population was characterized by rapid growth.
Although this tendency has been reversed and average annual population growth over the last five years was less than 1%, the demographic transition is still in progress; Mexico still has a large youth cohort.
The most populous city in the country is the capital, Mexico City, with a population of 8.9 million (2016), and its metropolitan area is also the most populated with 20.1 million (2010).
Approximately 50% of the population lives in one of the 55 large metropolitan areas in the country.
In total, about 78.84% of the population of the country lives in urban areas, and only about 21.16% in rural ones.