How does extreme monetary poverty compare to multidimensional poverty? in Mexico
Mexico: How does extreme monetary poverty compare to multidimensional poverty? was 1.6% in 2024. ◆ Volatile
How does extreme monetary poverty compare to multidimensional poverty? in Mexico, 1984–2024
Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in %.
Analysis
The most recent figure for how does extreme monetary poverty compare to multidimensional poverty? 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, how does extreme monetary poverty compare to multidimensional poverty? in Mexico peaked at 21.9% in 1998 and was at its lowest, 1.6%, in 2024.
Mexico ranks 57th of 120 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
How does extreme monetary poverty compare to multidimensional poverty? in Mexico, year by year
| Year | % | Change |
|---|---|---|
| 1984 | 15.0% | — |
| 1989 | 14.8% | -1.2% |
| 1992 | 13.3% | -9.8% |
| 1994 | 13.6% | +2.5% |
| 1996 | 21.7% | +59.0% |
| 1998 | 21.9% | +0.9% |
| 2000 | 16.3% | -25.3% |
| 2002 | 12.8% | -21.7% |
| 2004 | 11.0% | -13.7% |
| 2005 | 11.7% | +5.5% |
| 2006 | 9.0% | -22.5% |
| 2008 | 10.1% | +11.5% |
| 2010 | 8.4% | -16.6% |
| 2012 | 7.3% | -13.3% |
| 2014 | 7.2% | -1.3% |
| 2016 | 4.4% | -38.4% |
| 2018 | 3.9% | -12.2% |
| 2020 | 4.3% | +9.3% |
| 2022 | 2.3% | -45.2% |
| 2024 | 1.6% | -29.4% |
Mexico compared with similar countries
- Mexico's 1.6% is above the median for upper middle income countries, which is 1.6%, 1.0× the median. (35 countries reporting)
- Mexico's 1.6% is below the median for Latin America & Caribbean, which is 3.1%, 54% of the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More poverty & inequality data for Mexico
- Number of income/consumption surveys in the past decade available via the World Bank 5 surveys (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per person (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per US$ of GDP (2025)
- Fertility rate vs. share living in extreme poverty 1.91 live births per woman (2023)
- Cereal yield vs. share in extreme poverty 4,262 kg per hectare (2023)
- Cereal yield vs extreme poverty, per unit of GDP 0 units per US$ of GDP (2023)
- Cereal yield vs extreme poverty, annual growth rate 7.9 % change on previous year (2023)
- Tax revenues vs income inequality, gaps filled 14.27 (2023)
- Tax revenue as share of GDP vs. income inequality 14.3% (2023)
- Tax revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2023)
Frequently asked questions
- What is how does extreme monetary poverty compare to multidimensional poverty? in Mexico?
- How does extreme monetary poverty compare to multidimensional poverty? 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 how does extreme monetary poverty compare to multidimensional poverty? recorded in Mexico?
- The highest recorded value was 21.9% in 1998.
- What is the lowest how does extreme monetary poverty compare to multidimensional poverty? recorded in Mexico?
- The lowest recorded value was 1.6% in 2024.
- How does Mexico rank for how does extreme monetary poverty compare to multidimensional poverty??
- Mexico ranks 57th out of 120 countries with data for 2024.
- Is how does extreme monetary poverty compare to multidimensional poverty? 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 How does extreme monetary poverty compare to multidimensional poverty?. Statizoid updates them automatically from the source API.
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About this data
Percentage of population living in households with an income or consumption below $3 per day.