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POLITICSSOCIETYPovertyandinequalityinMexico

CHAPTER01Overview

NumberofpeoplelivinginpovertyinMexicobetween2008and2022(inmillions)Mexico:peoplelivinginpoverty2008755.3453.3552.8149.4952.251.95040302010046.8200820102012201420162018202020223Description:ThenumberofpeoplelivinginpovertyinMexicoaccountedforover36percentofthecountryspopulationin2020.Inthatyear,itwasestimatedthatmorethan46millionpeopleinMexicolivedinasituationofpoverty,asignificantdecreaseofnearlyninemillionswhencomparedwith2020.During2022,ChiapaswasthestateinMexicowiththehighestpovertyrate.ReadmoreNote(s):2008to2022Source(s):INEGI;NationalCouncilfortheEvaluationofSocialDevelopmentPolicy(Mexico)

AverageannualwageinMexicofrom2000to2022(inU.S.dollars)AverageannualwageinMexico2000-202218,81818,80618,77818,74618,65018,65618,56218,31318,24118,03117,86517,77717,73017,63717,61817,52217,50317,45717,47017,47517,46717,31116,685200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120224Description:In2019,theaveragewageinMexicoachieveditshighestlevelsince2009,amountingtoaround18,000U.S.dollarsperyear.Incontrast,thisvaluewentdownthefollowingyears,making2022theyearwiththelowestaveragewagesincetheonsetoftheanalyzedperiod.ReadmoreNote(s):2000to2022;Constantpricesusing2022asbaseyear;AdjustedforPurchasingPowerParity(Source(s):OECD

ImpactofinflationontheconsumerbasketinMexicoinJuly2022,byhouseholdsincomegroup(comparedtothesamemonthofthepreviousyear)AnnualinflationrateofhouseholdsmarketbasketinMexico2022,byincomelevel12%10.26%10%9.31%8.05%8%6%4%2%0%LowincomeMediumincomeHighincome5Description:LowincomeMexicanhouseholdswerethemostaffectedbyinflation.Accordingtothesource,theannualinflationrateoftherepresentativeconsumerbasket

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