Total shortfall from extreme poverty in Mexico
Mexico: Total shortfall from extreme poverty was 635.50 million international-$ in 2021 prices in 2024. ◆ Volatile
Total shortfall from extreme poverty in Mexico, 1984–2024
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.
Total shortfall from extreme poverty in Mexico, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1984 | 3.47 billion international-$ in 2021 prices | — |
| 1989 | 4.34 billion international-$ in 2021 prices | +25.2% |
| 1992 | 3.82 billion international-$ in 2021 prices | -12.2% |
| 1994 | 4.20 billion international-$ in 2021 prices | +10.0% |
| 1996 | 7.72 billion international-$ in 2021 prices | +84.0% |
| 1998 | 8.66 billion international-$ in 2021 prices | +12.2% |
| 2000 | 6.28 billion international-$ in 2021 prices | -27.5% |
| 2002 | 4.50 billion international-$ in 2021 prices | -28.4% |
| 2004 | 4.46 billion international-$ in 2021 prices | -0.7% |
| 2005 | 4.88 billion international-$ in 2021 prices | +9.3% |
| 2006 | 3.37 billion international-$ in 2021 prices | -31.0% |
| 2008 | 3.98 billion international-$ in 2021 prices | +18.0% |
| 2010 | 3.24 billion international-$ in 2021 prices | -18.6% |
| 2012 | 2.84 billion international-$ in 2021 prices | -12.4% |
| 2014 | 2.75 billion international-$ in 2021 prices | -3.0% |
| 2016 | 1.60 billion international-$ in 2021 prices | -42.0% |
| 2018 | 1.39 billion international-$ in 2021 prices | -13.2% |
| 2020 | 1.61 billion international-$ in 2021 prices | +16.0% |
| 2022 | 892.42 million international-$ in 2021 prices | -44.5% |
| 2024 | 635.50 million international-$ in 2021 prices | -28.8% |
Mexico compared with similar countries
- Mexico's 635.50 million international-$ in 2021 prices is above the median for upper middle income countries, which is 34.83 million international-$ in 2021 prices, 18.2× the median. (35 countries reporting)
- Mexico's 635.50 million international-$ in 2021 prices is above the median for Latin America & Caribbean, which is 120.29 million international-$ in 2021 prices, 5.3× the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 32 Japan 758.66 million international-$ in 2021 prices compare
- 33 Honduras 746.36 million international-$ in 2021 prices compare
- 34 Guatemala 683.34 million international-$ in 2021 prices compare
- 36 Peru 557.44 million international-$ in 2021 prices compare
- 37 Germany 508.64 million international-$ in 2021 prices compare
- 38 Iran 488.11 million international-$ in 2021 prices compare
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 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
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.