make 93.0% more money Mexico has a GDP per capita of $19,900 as of 2017, while in Spain, the GDP per capita is $38,400 as of 2017.
Is Mexico a rich or poor?
Mexico has the 11th to 13th richest economy in the world and ranks 4th with most number of poor among richest economies. Mexico is the 10th to 13th country with the most number of poor in the world.
Where does Mexicos economy rank in the world?
15th The economy of Mexico is a developing market economy. It is the 15th largest in the world in nominal GDP terms and the 11th largest by purchasing power parity, according to the International Monetary Fund. Since the 1994 crisis, administrations have improved the countrys macroeconomic fundamentals.
Is Mexico a 3rd world country?
Originally coined by French historian Alfred Sauvy in 1952, Third World was part of the three worlds label system used to describe a countrys political alliances....Third World Countries 2021.CountryHuman Development Index2021 PopulationGrenada0.772113,021Mexico0.774130,262,216Cuba0.77711,317,505Saint Kitts And Nevis0.77853,544148 more rows
How much money does Mexico owe the United States?
In 2020, the national debt of Mexico amounted to around 709.17 billion U.S. dollars....Mexico: National debt from 2016 to 2026 (in billion U.S. dollars)CharacteristicNational debt in billion U.S. dollars--10 more rows
What is safest city in Mexico?
Safest Cities In MexicoTulum, Quintana Roo. Tulum is a well-known beach city in Mexico. Mexico City. Despite having a reputation of a dangerous city, Mexico City is quite safe, especially in its downtown core. Cancun. Sayulita. San Miguel de Allende. Huatulco.
How much money do you need to live comfortably in Mexico?
The cost of living also varies according to where you live. Some cities are more expensive, just as they are in the United States. Its possible to live on less than $600 in Mexico but to live comfortably, youll want to aim to spend about $1,000 per month.