Income Per Capita Mexico

Per capita income pci or average income measures the average income earned per person in a given area city region country etc in a specified year.

Income per capita mexico. The gross domestic product per capita in mexico was last recorded at 19746 44 us dollars in 2019 when adjusted by purchasing power parity ppp. 16 547 total us dollars capita 2018 mexico us dollars capita. The data reached an all time high of 4 169 817 usd in dec 2008 and a record low of 2 718 321 usd in dec 2016. Per capita income is roughly one third that of the us.

Since the implementation of the north american free trade agreement nafta in 1994 mexico s share of us imports has increased from 7 to 12 and its share of canadian imports has doubled to 5. National council for the evaluation of social development policy mexico. Mexico s annual household income per capita data is updated yearly available from dec 2006 to dec 2018 with an averaged value of 3 322 376 usd. Per capita income is national income divided by population size.

The gdp per capita in mexico is equivalent to 81 percent of the world s average. Mexico gdp per capita for 2018 was 9 673 a 4 26 increase from 2017. In 2019 the national gross income per capita in mexico amounted to around 9 4 thousand u s. Dollars up from 9 1 thousand u s.

Mexico red labour compensation per hour worked indicator. Gdp per capita in mexico averaged 7698 70 usd from 1960 until 2019 reaching an all time high of 10403 54 usd in 2018 and a record low of 3907 49 usd in 1960. Ppp takes into account the relative cost of living rather than using only exchange rates therefore providing a more accurate picture of the real differences in income. It is calculated by dividing the area s total income by its total population.

Gdp per capita ppp in mexico averaged 17559 46 usd from 1990 until 2019 reaching an all time high of 19992 23 usd in 2018. 2 8 total annual growth rate 2013 mexico annual growth rate total annual growth rate 1996 2013 mexico red total annual growth rate 2019. Mexico gdp per capita for 2016 was 8 740 a 9 02 decline from 2015. Mexico s annual household income per capita reached 2 866 212 usd in dec 2018 compared with the previous value of 2 718 321 usd in dec 2016.

Net national income indicator. Download historical data save as image. Mexico gdp per capita for 2017 was 9 278 a 6 16 increase from 2016. Dollars per person in the previous year.

Income distribution remains highly unequal. Monthly income per capita in mexico between 2008 and 2018 by deciles in mexican pesos graph. Total us dollars capita 1999 2018. The gdp per capita in mexico when adjusted by purchasing power parity is equivalent to 111 percent of the world s average.