In 2022, about 40 percent of adults in Mexico held a net worth under 10,000 U.S. dollars. In contrast, merely 393,000 Mexicans (that is, 0.4 percent of the total) had a net worth of over one million U.S. dollars. Mexico is one of the most unequal countries in Latin America regarding wealth distribution, with 78.7 percent of the national wealth held by the richest ten percent of the population.

The minimum salaryThe minimum wage per day guaranteed by law in Mexico was decreed to increase by 22 percent between 2021 and 2022, reaching 172.87 Mexican pesos in 2022. In the Free Zone located near the northern border the minimum daily wage was raised to 260.34 Mexican pesos.This represented the fourth consecutive incrase since 2019, but could prove to be insufficient to maintain the wellbeing of Mexican workers after the soaring inflation rate registered in 2022 and the economic impact of the COVID-19 in Mexican households. The legal minimum salary has a long history in the North American country, it was first implemented with the approval of the Political Constitution of the United Mexican States in 1917. Income inequality in Latin AmericaLatin America, as other developing regions in the world, generally records high rates of inequality, with a Gini coefficient ranging between 38 and 54 among the region’s countries. Moreover, many of the countries with the biggest inequality in income distribution worldwide are found in Latin America. According to the Human Development Report 2019, wealth redistribution by means of tax transfers improves Latin America's Gini coefficient to a lesser degree than it does in advanced economies. Wider access to education and health services, on the other hand, have been proven to have a greater direct effect in improving Gini coefficient measurements in the region.

In 2023, from the total national wealth in Mexico, 70.2 percent belonged to the top ten percent group. Meanwhile, the bottom 50 percent had a total of 2.3 percent.

The average personal wealth of the bottom 50 percent in Mexico was valued at -200 euros. That is, on average, people from this group had more debts than assets. On the other hand, the richest one percent held an average wealth of 2.91 million euros in this Latin American country. Similarly, Chilean's average personal wealth of the one percent reached 2.67 million euros that same year.

The zip files contain several files with wills from Mexico between 1810 and 1910 collected in order to measure Mexican wealth distribution in its first century of independence. The main file is wills_clean.xlsx, which contains the full collection of wills; in that file, you will find variables for year, state, and wealth, not excluding debts, debts and wealth (net wealth). You can combine this file with the do file cleaningroutine_for_social_tables to produce the detailed social tables. The rest of the files consist of data files with the social tables (for comparison) and xlsx files with the wills from the main file divided by decade to facilitate calculations using the do file inequality_analysis_ routine_clean.do from which you will be able to reproduce the rest of the analysis (unbalanced sample and generalized beta, lognormal, etc.) Note: The calculation programs are .do files; thus, they require stata to be executed. Some of the detailed social tables are dta files, and thus also stata files. You can open them in R and work with them or convert them to any other data format. The wills come from 5 different Mexican archives: Archivo Histórico de Notarias de la Ciudad de México, Archivo General del Estado de Yucatán, Archivo Municipal de Saltillo, Archivo Histórico de la Ciudad de Morelia and, Testamentos del Colegio de Sonora.

In 2024, the Mexican business magnate Carlos Slim Helu and his family had a fortune worth of 102 billion U.S. dollars and was thus the richest person in the country. The Helu family owns América Móvil, Latin America's biggest mobile telecom company.The second richest person in Mexico that year was German Larrea Velasco, who owns the majority of Mexico’s largest copper mining company, with a fortune of nearly 28 billion U.S. dollars.

In 2022, the percentage of income held by the richest 20 percent of the population in Mexico was 49.8 percent. Between 1984 and 2022, the figure dropped by 4.1 percentage points, though the decline followed an uneven course rather than a steady trajectory.

HNWIs with ‘Director’ in their job title accounted for 13.9% of Mexican HNWIs by sample size in 2014, while those with ‘Shareholder’, ‘Chief Executive Officer’ and ’Chairman’ accounted for 13.5%, 9.3% and 6.0% respectively. Read More

The Mexico WealthTech solution market was valued at over USD 130 million in 2024, with increasing adoption of digital financial solutions and wealth management tools driving growth

Mexico Digital Brokerage and Wealth Apps Market valued at USD 85 million, driven by digital adoption, AI advisory, and retail investor growth in key cities like Mexico City.

Mexico's payroll services market is expected to exceed USD 300 million by 2025–30, fueled by the rise in digital transformation and enhanced regulatory compliance.

Mexico’s animation market is expected to surpass USD 12.14 billion by 2030, fueled by rising local productions, strong international collaborations, and the growth of digital strea

Mexico MX: Surface Area data was reported at 1,964,375.000 sq km in 2018. This stayed constant from the previous number of 1,964,375.000 sq km for 2017. Mexico MX: Surface Area data is updated yearly, averaging 1,964,380.000 sq km from Dec 1961 (Median) to 2018, with 58 observations. The data reached an all-time high of 1,964,380.000 sq km in 2015 and a record low of 1,964,375.000 sq km in 2018. Mexico MX: Surface Area data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mexico – Table MX.World Bank.WDI: Land Use, Protected Areas and National Wealth. Surface area is a country's total area, including areas under inland bodies of water and some coastal waterways.; ; Food and Agriculture Organization, electronic files and web site.; Sum;

The national gross income per capita in Mexico was 11,980 U.S. dollars in 2023. Between 1962 and 2023, the national gross income rose by 11,610 U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend.

Mexico’s agriculture insurance market is expected to surpass USD 870 million by 2030, driven by growing need for financial security against natural disasters.

In Mexico, as of 2022, the bottom 50 percent, which represents the population whose income lied below the median, earned on average 2,076 euros at purchasing power parity (PPP) before income taxes. Meanwhile, the top ten percent had an average earning of 111,484 euros, 53 times over than the average earning of the bottom half. Further, the bottom 50 percent accounted for -0.3 percent of the overall national wealth in Mexico, that is, they have on average more debts than assets.

Mexico’s healthcare claims management market is expected to surpass USD 1.52 billion by 2030, driven by expanding private health insurance and the push for efficient claims process

A dataset listing the 20 richest counties in New Mexico for 2024, including information on rank, county, population, average income, and median income.

Mexico MX: Mineral Rents: % of GDP data was reported at 0.883 % in 2017. This records an increase from the previous number of 0.793 % for 2016. Mexico MX: Mineral Rents: % of GDP data is updated yearly, averaging 0.325 % from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 1.308 % in 1988 and a record low of 0.032 % in 2002. Mexico MX: Mineral Rents: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mexico – Table MX.World Bank.WDI: Land Use, Protected Areas and National Wealth. Mineral rents are the difference between the value of production for a stock of minerals at world prices and their total costs of production. Minerals included in the calculation are tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate.; ; Estimates based on sources and methods described in 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (World Bank, 2011).; Weighted average;

The Overview of Latin America Wealth Management Industry is segmented by Client Type (HNWI, Retail/ Individuals, Mass Affluent and Others), Wealth Management Firm Type (Private Bankers, Family Offices and Others) and Geography (Brazil, Chile, Peru, Colombia, and the Rest of Latin America). The report offers Market size and forecasts for Latin America Wealth Management Market in value (USD Million) for all the above segments.

Mexico grows at 7.61% CAGR, supported by expanding vehicle sales and improved credit access.