Average annual wage in Mexico 2000-2018 In 2018, the average wage in Mexico achieved its highest level since 2011, amounting to 16,298 U.S. dollars per year. In contrast, this value was equal to15,905 U.S. dollars in 2000, making it the year with the lowest average wage of the indicated period.
What is the average per capita income in Mexico?
Gross national income per capita in Mexico from 2010 to 2019 (in U.S. dollars)
| Characteristic | Income per capita in U.S. dollars |
|---|---|
| 2019 | 9,430 |
| 2018 | 9,180 |
| 2017 | 8,930 |
| 2016 | 9,400 |
What is the main income of Mexico?
Mexico has the ninth-largest economy in the world. Its main industries are food and beverages, tobacco, chemicals, iron and steel, petroleum, clothing, motor vehicles, consumer durables, and tourism. It is a major exporter of silver, fruits, vegetables, coffee, cotton, oil and oil products.
What is a middle class income in Mexico?
According to the OECD measurement, a person with a salary of 20 thousand pesos a month and with four people living at home belongs to the middle class, while a person who receives 7 thousand 500 pesos a month and shares a home with two people, It is in the lowest income category.
How much money do people make in Mexico?
How much money does a person working in Mexico make? A person working in Mexico typically earns around 33,200 MXN per month. Salaries range from 8,410 MXN (lowest average) to 148,000 MXN (highest average, actual maximum salary is higher).
Is the cost of living in Mexico high?
Now this report shows a cost of living that is not accurate for most of Baja because the cost of living for example in Los Cabos is considered to be the highest in all of Mexico. Also in most of Baja in or near the cities Mexicans do earn a lot more than the average minimum wage.
How does living in Mexico compare to other countries?
Relative to other countries they do work for much less but the salaries will be different in different areas of Mexico. When visiting or living in Mexico keep this in mind. Paying a little more for a job or paying a bonus for a job well done goes a long ways.
Where does Mexico rank in terms of income?
From “El Daily Post” Sept 21, 2015 “The gap between the rich and poor has increased so much in recent decades that Mexico is ranked dead last in income equality among OECD (Organization for Economic Cooperation and Development) nations.
