Francisco Labastida Ochoa (Spanish pronunciation: [fɾanˈsisko laβasˈtiða]; born 14 August 1942) is a Mexican economist and politician affiliated with the Institutional Revolutionary Party (PRI), who became the first presidential candidate of his party to lose a presidential election, which he did in the 2000 presidential election to Vicente Fox.

Labastida was born to Gloria Ochoa de Labastida and Eduardo Labastida Kofahl. His wife, Teresa Uriarte, was director of UNAM's Institute of Aesthetics Research. His great-grandfather fought on the side of Mexican President Benito Juárez in the War of Reform, and his grandfather was Governor of Sinaloa as well as federal deputy.

Labastida served as governor of Sinaloa (1987–1992), defeating Manuel Clouthier of the National Action Party. During and after his tenure as governor, Labastida was accused of protecting Sinaloan drug traffickers and overlooking their activities.^[1]

Labastida was Secretary of Energy during the administration of Miguel de la Madrid. He was also Secretary of Agriculture and Secretary of the Interior during the administration of Ernesto Zedillo.

After losing the 2000 presidential election, he served as president of the Centro de Estudios para el Desarrollo de México. In the 2006 general election, he was elected to the Senate for the PRI, representing Sinaloa.^[2]

• Las Razones de la Política
• Planeación para el Desarrollo

• National Order of Merit Grand Officer, of the government of France
• Great Cross of Brazil
• Medal of the Mexican Supreme Court