Mexico's prosperity gap (average shortfall from a prosperity standard of $28/day) was 2.5 in 2024, the latest year in the World Bank's World Development Indicators. That is down 40.48% from 4.2 in 2014 (5.06% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 2.5 | 2024 |
| Ten years earlier | 4.2 | 2014 |
| Highest | 7.1 | 1996 |
| Lowest | 2.5 | 2024 |
| Average since 2016 | 3.16 | 2016–2024 |
| First recorded | 5.6 | 1984 |
Since 1984 it is down 55.36% from 5.6 in 1984 (2% a year on average, compounded). The World Bank has no value for 21 of the years in between; the chart leaves those gaps open rather than joining across them.
How it compares
In 2024, Mexico had the 11th highest value of the 20 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Mexico | 2.5 | 2024 |
| World | 4.6 | 2024 |
| Latin America & Caribbean | 3.1 | 2024 |
| Upper middle income | 2.8 | 2024 |
Closest to Mexico in the 2024 ranking
What this measures
The average shortfall from a prosperity standard of $28 per day (adjusted for differences in purchasing power parity across countries). It is measured as the average factor by which incomes fall short of $28.
Regional and income-group figures are computed by the World Bank as a population-weighted average.
All 20 values
| Year | Prosperity gap (average shortfall from a prosperity standard of $28/day) |
|---|---|
| 2024 | 2.5 |
| 2023 | no data |
| 2022 | 2.9 |
| 2021 | no data |
| 2020 | 3.5 |
| 2019 | no data |
| 2018 | 3.4 |
| 2017 | no data |
| 2016 | 3.5 |
| 2015 | no data |
| 2014 |
Prosperity gap (average shortfall from a prosperity standard of $28/day) in nearby economies
- Argentina — 2.1 (2024)
- Bolivia — 2.4 (2024)
- Brazil — 2.7 (2024)
- Chile — 1.6 (2024)
- Colombia — 4.7 (2024)
- Costa Rica — 1.7 (2025)
- Dominican Republic — 2.1 (2024)
- Ecuador — 3.1 (2025)
- El Salvador
More poverty data for Mexico
- Income share held by second 20% — 10% (2024)
- Income share held by third 20% — 14.3% (2024)
- Income share held by fourth 20% — 21.1% (2024)
- Income share held by highest 20% — 48.9% (2024)
- Income share held by highest 10% — 33.4% (2024)
- Proportion of people living below 50 percent of median income (%) — 15.7% (2024)
- Income share held by lowest 10% — 2.1% (2024)
- Income share held by lowest 20% — 5.6% (2024)
- Poverty headcount ratio at $3.00 a day (2021 PPP) (% of population) — 1.6% (2024)
- Poverty gap at $3.00 a day (2021 PPP) (%)
Reading data like this
Questions people ask
- What is Mexico's prosperity gap (average shortfall from a prosperity standard of $28/day)?
- 2.5 in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1984?
- It is down 55.36% from 5.6 in 1984 (2% a year on average, compounded). The highest value was 7.1 in 1996 and the lowest 2.5 in 2024.
- How does Mexico rank?
- 11th highest of 20 economies with data for 2024.
- Where does this data come from?
- The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database..
Source
World Bank, World Development Indicators, indicator SI.SPR.PGAP, licensed CC BY 4.0. Original source: World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database. Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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