Is Mexico the richest country?

Is Mexico the richest country?

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 Mexico rank in richest countries?

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….Economy of Mexico.

Statistics
Population 128,649,565 (2020 est.)
GDP $1.19 trillion (nominal, 2021 est.) $2.61 trillion (PPP, 2021)
GDP rank 15th (nominal, 2019) 12th (PPP, 2019)

Is Mexico a rich city?

Baja California Sur has a large tourism industry. Mexico is a country located south of the North American continent. The country is considered to have an upper-middle-income economy having a Gross National Income that is the second-highest in Latin America….The 10 Richest States In Mexico.

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Rank State Poverty Rate (2012)
10 Querétaro 36.9\%

What is the richest Spanish country?

Brazil
List of Latin American and Caribbean countries by GDP (PPP)

Rank Nation GDP (PPP) per capita (Intl$)
1 Brazil 15,642
2 Mexico 20,942
3 Argentina 21,963
4 Colombia 15,184

Is Mexico richer than India?

Mexico has a GDP per capita of $19,900 as of 2017, while in India, the GDP per capita is $7,200 as of 2017.

What are the 10 richest states in Mexico?

The 10 Richest States In Mexico Rank State Poverty Rate (2012) 1 Nuevo León 23.2\% 2 Coahuila 27.9\% 3 Federal District 28.9\% 4 Sonora 29.1\%

What are the richest countries in the world?

Country or subnational area Median wealth per adult Mean wealth per adult Adult population (thousands) Switzerland: 227,891 564,653 6,866 Australia: 181,361 386,058 18,655 Iceland: 165,961 380,868 250 Hong Kong 146,887 489,258 6,267 Luxembourg: 139,789 358,003 461 Belgium: 117,093 246,135 8,913 New Zealand: 116,433

What type of economy does Mexico have?

The country is considered to have an upper-middle-income economy having a Gross National Income that is the second-highest in Latin America. The country is divided into 31 states and a Federal District making it known officially as the United Mexican States. Income across this vast country can vary considerably between states.

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Is it better to be rich or poor in a country?

In conclusion, then, when considering whether it is better to be rich in a poor country or poor in a rich one, the best chance of enjoying a superior standard of living is to reside in a richer nation no matter where a person falls on the income distribution scale. The coronavirus pandemic proved it most strikingly.