Mexico is a developing country, ranking 74th on the Human Development Index, but has the world's 15th-largest economy by nominal GDP and the 11th-largest by PPP, with the United States being its largest economic partner. Its large economy and population, global cultural influence, and steady democratization make Mexico a regional and middle power; it is often identified as an emerging power but is considered a newly industrialized state by several analysts. However, the country continues to struggle with social inequality, poverty and extensive crime; it ranks poorly on the Global Peace Index, due in large part to ongoing conflict between the government and drug trafficking syndicates that led to over 120,000 deaths since 2006.