Extreme monetary poverty and multidimensional poverty over time in Mexico

Mexico: Extreme monetary poverty and multidimensional poverty over time was 1.6% in 2024. β—† Volatile

Latest (2024)
1.6%
Change on year
down 29.4%
World rank
57th
of 120 countries
All-time high
21.9%
in 1998
All-time low
1.6%
in 2024
Years of data
20
1984–2024

Extreme monetary poverty and multidimensional poverty over time in Mexico, 1984–2024

051015201984200420241984: 15 %1989: 14.8 %1992: 13.3 %1994: 13.6 %1996: 21.7 %1998: 21.9 %2000: 16.3 %2002: 12.8 %2004: 11 %2005: 11.7 %2006: 9 %2008: 10.1 %2010: 8.4 %2012: 7.3 %2014: 7.2 %2016: 4.4 %2018: 3.9 %2020: 4.3 %2022: 2.3 %2024: 1.6 %

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in %.

Analysis

The most recent figure for extreme monetary poverty and multidimensional poverty over time in Mexico is 1.6%, measured in 2024. That is the lowest value across all 20 years on record.

That represents a change of down 29.4% on the previous year and down 77.1% over ten years.

Over the whole period, extreme monetary poverty and multidimensional poverty over time in Mexico peaked at 21.9% in 1998 and was at its lowest, 1.6%, in 2024.

That places Mexico 57th out of 120 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 14.9% 14.8% 15.0% 2
1990s 17.6% 13.3% 21.9% 4
2000s 11.8% 9.0% 16.3% 6
2010s 6.2% 3.9% 8.4% 5
2020s 2.7% 1.6% 4.3% 3

Countries ranked near Mexico

  1. 54 Paraguay 2.1% compare
  2. 55 Palestine 2.1% compare
  3. 56 Bolivia 2.1% compare
  4. 58 Vietnam 1.6% compare
  5. 59 Jamaica 1.4% compare
  6. 60 Egypt 1.4% compare

See the full ranking of 120 places β†’

More poverty & inequality data for Mexico

All data for Mexico β†’

Frequently asked questions

What is extreme monetary poverty and multidimensional poverty over time in Mexico?
Extreme monetary poverty and multidimensional poverty over time in Mexico was 1.6% in 2024, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest extreme monetary poverty and multidimensional poverty over time recorded in Mexico?
The highest recorded value was 21.9% in 1998.
What is the lowest extreme monetary poverty and multidimensional poverty over time recorded in Mexico?
The lowest recorded value was 1.6% in 2024.
How does Mexico rank for extreme monetary poverty and multidimensional poverty over time?
Mexico ranks 57th out of 120 countries with data for 2024.
Is extreme monetary poverty and multidimensional poverty over time rising or falling in Mexico?
Over the last ten years it is down 77.1%. The long-run trend across the full record is volatile.
Where does this Mexico data come from?
The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Extreme monetary poverty and multidimensional poverty over time. Statizoid updates them automatically from the source API.

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About this data

Indicator
Extreme monetary poverty and multidimensional poverty over time
Unit
%
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed

Percentage of population living in households with an income or consumption below $3 per day.