What is the average per capita income in Mexico?
Mexico Annual Household Income per Capita reached 2,639.778 USD in Dec 2020, compared with the previous value of 3,086.630 USD in Dec 2018. Mexico Annual Household Income per Capita data is updated yearly, available from Dec 2006 to Dec 2020, with an averaged value of 3,290.492 USD.
What is the per capita income in Mexico 2020?
approximately 8,421.19 U.S. dollars
It is an important indicator for the economic strength of a country. In 2020, Mexico’s GDP per capita amounted to approximately 8,421.19 U.S. dollars.
How does Mexico’s per capita income compared to that of the United States?
Per capita income is roughly one-third that of the US; income distribution remains highly unequal. Mexico has become the US’ second-largest export market and third-largest source of imports. Mexico has free trade agreements with 46 countries, putting more than 90% of its trade under free trade agreements.
What is the per capita income of Mexico City?
List of Mexican states by GDP per capita
Mexican States by GDP (PPP) per capita – 2018 | ||
---|---|---|
Rank | State | PPP per capita (USD) |
1 | Campeche | 67,233 |
2 | Mexico City | 47,924 |
3 | Nuevo León | 37,105 |
What is good salary in Mexico?
Generally, the average salary ranges from 8,410 MXN (lowest salary) to 1,48,000 MXN (highest national average) per month. Additionally, Mexico’s salaries also differ from one city to another. The average salary in Mexico City, Guadalajara, and Monterrey is about 44,600 MXN, while it’s around 38,900 MXN in Cancun.
Why is Campeche so rich?
The city was a rich and important port during the colonial period, but it declined after Mexico’s independence. Much of the state’s recent economic revival is due to the discovery of petroleum offshore in the 1970s, which has made the coastal cities of Campeche and Ciudad del Carmen important economic centers.
Who has a better economy US or Mexico?
Per capita income is roughly one-third that of the US; income distribution remains highly unequal. Mexico has become the US’ second-largest export market and third-largest source of imports. In 2017, two-way trade in goods and services exceeded $623 billion.
What is the average annual income for Mexico?
Average salary in Mexico is MXN 802,649 (US$ 47,569). Detailed salary report based on career, education, experience, gender, age etc. Advanced 2019/20 Survey.
What is the median income in Mexico?
While the “average” income in Mexico is quite good (about US$9000/year), the “median” income is quite miserable (US$5000/year).
What is Mexico’s per capital income?
The Gross Domestic Product per capita in Mexico was last recorded at 10275.63 US dollars in 2019. The GDP per Capita in Mexico is equivalent to 81 percent of the world’s average. source: World Bank
What is the gross domestic product of Mexico?
Mexico’s $1.283 trillion gross domestic product (GDP) makes it the fifteenth largest economy in the world in terms of nominal gross domestic product while placing it on the eleventh spot in terms of purchasing power parity.