Total shortfall from extreme poverty in Mexico

Mexico: Total shortfall from extreme poverty was 635.50 million international-$ in 2021 prices in 2024. ◆ Volatile

Latest (2024)
635.50 million international-$ in 2021 prices
Change on year
down 28.8%
World rank
35th
of 120 countries
All-time high
8.66 billion international-$ in 2021 prices
in 1998
All-time low
635.50 million international-$ in 2021 prices
in 2024
Years of data
20
1984–2024

Total shortfall from extreme poverty in Mexico, 1984–2024

02.0B4.0B6.0B8.0B1984200420241984: 3.5B international-$ in 2021 prices1989: 4.3B international-$ in 2021 prices1992: 3.8B international-$ in 2021 prices1994: 4.2B international-$ in 2021 prices1996: 7.7B international-$ in 2021 prices1998: 8.7B international-$ in 2021 prices2000: 6.3B international-$ in 2021 prices2002: 4.5B international-$ in 2021 prices2004: 4.5B international-$ in 2021 prices2005: 4.9B international-$ in 2021 prices2006: 3.4B international-$ in 2021 prices2008: 4.0B international-$ in 2021 prices2010: 3.2B international-$ in 2021 prices2012: 2.8B international-$ in 2021 prices2014: 2.8B international-$ in 2021 prices2016: 1.6B international-$ in 2021 prices2018: 1.4B international-$ in 2021 prices2020: 1.6B international-$ in 2021 prices2022: 892.4M international-$ in 2021 prices2024: 635.5M international-$ in 2021 prices

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.

Analysis

In 2024, total shortfall from extreme poverty in Mexico stood at 635.50 million international-$ in 2021 prices. That is the lowest value across all 20 years on record.

Compared with earlier readings it is down 28.8% on the previous year and down 76.9% over ten years.

Over the whole period, total shortfall from extreme poverty in Mexico peaked at 8.66 billion international-$ in 2021 prices in 1998 and was at its lowest, 635.50 million international-$ in 2021 prices, in 2024.

That places Mexico 35th 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 3.91 billion international-$ in 2021 prices 3.47 billion international-$ in 2021 prices 4.34 billion international-$ in 2021 prices 2
1990s 6.10 billion international-$ in 2021 prices 3.82 billion international-$ in 2021 prices 8.66 billion international-$ in 2021 prices 4
2000s 4.58 billion international-$ in 2021 prices 3.37 billion international-$ in 2021 prices 6.28 billion international-$ in 2021 prices 6
2010s 2.36 billion international-$ in 2021 prices 1.39 billion international-$ in 2021 prices 3.24 billion international-$ in 2021 prices 5
2020s 1.05 billion international-$ in 2021 prices 635.50 million international-$ in 2021 prices 1.61 billion international-$ in 2021 prices 3

Countries ranked near Mexico

  1. 32 Japan 758.66 million international-$ in 2021 prices compare
  2. 33 Honduras 746.36 million international-$ in 2021 prices compare
  3. 34 Guatemala 683.34 million international-$ in 2021 prices compare
  4. 36 Peru 557.44 million international-$ in 2021 prices compare
  5. 37 Germany 508.64 million international-$ in 2021 prices compare
  6. 38 Iran 488.11 million international-$ in 2021 prices compare

See the full ranking of 120 places →

More poverty & inequality data for Mexico

All data for Mexico →

Frequently asked questions

What is total shortfall from extreme poverty in Mexico?
Total shortfall from extreme poverty in Mexico was 635.50 million international-$ in 2021 prices in 2024, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest total shortfall from extreme poverty recorded in Mexico?
The highest recorded value was 8.66 billion international-$ in 2021 prices in 1998.
What is the lowest total shortfall from extreme poverty recorded in Mexico?
The lowest recorded value was 635.50 million international-$ in 2021 prices in 2024.
How does Mexico rank for total shortfall from extreme poverty?
Mexico ranks 35th out of 120 countries with data for 2024.
Is total shortfall from extreme poverty rising or falling in Mexico?
Over the last ten years it is down 76.9%. 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 Total shortfall from extreme poverty. Statizoid updates them automatically from the source API.

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About this data

Indicator
Total shortfall from extreme poverty
Unit
international-$ in 2021 prices
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

This is the amount of money that would be theoretically needed to lift the income or consumption of all people in poverty up to $3 per day. However, this is not a measure of the actual cost of eliminating poverty, since it does not take into account the costs involved in making the necessary transfers nor any changes in behavior they would bring about.