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Mexico Poverty Rate

Mexico's poverty rate fell to 2.3% in 2022, down from 4.3% in 2020, according to World Bank. This represents a decrease of 2% from the previous year. Mexico has poverty rate higher than the global median (2.30% vs median 1.90%). Compared with the median in Americas, Mexico is higher (2.30% vs regional median 2.25%) and ranks 11th out of 22 countries in Americas.

Mexico's annual unemployment rate fell to 2.71% in 2024, down from 2.77% in 2023.

Yearly Historical Data (1984-2022)

(in %)
Year Poverty Rate (%)
2022 2.3%
2020 4.3%
2018 3.9%
2016 4.4%
2014 7.2%
2012 7.3%
2010 8.4%
2008 10.1%
2006 9%
2005 11.7%
2004 11%
2002 12.8%
2000 16.3%
1998 21.9%
1996 21.7%
1994 13.6%
1992 13.3%
1989 14.8%
1984 15%
Mexico Poverty Rate : Definition
Poverty Rate measures the percentage of people in Mexico living on less than $3.00 per day, adjusted for purchasing power parity (PPP, 2021 prices).
Indicator Last Value Prior Value Period
Adult Literacy Rate 95% 95% 2020
Gini Index 43.5 points 44.6 points 2022
Happiness Index 6.98 points 6.68 points 2024
Homicide Rate 28.18 29.19 2021
Population 130.86M 129.74M 2024
Primary Enrollment Rate 102% 103.36% 2022