Palma ratio (before tax) in Mexico

Mexico: Palma ratio (before tax) was 13.46 in 2022. ▼ Falling

Latest (2022)
13.46
Change on year
down 21.6%
World rank
4th
of 113 countries
All-time high
23.13
in 2008
All-time low
13.46
in 2022
Years of data
12
2000–2022

Palma ratio (before tax) in Mexico, 2000–2022

05101520252000201120222000: 16.32002: 16.32004: 18.72006: 17.42008: 23.12010: 20.42012: 21.72014: 20.32016: 17.52018: 18.42020: 17.22022: 13.5

Source: World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.

Analysis

Mexico recorded 13.46 for palma ratio (before tax) in 2022. That is the lowest value across all 12 years on record.

Compared with earlier readings it is down 21.6% on the previous year and down 38.0% over ten years.

Over the whole period, palma ratio (before tax) in Mexico peaked at 23.13 in 2008 and was at its lowest, 13.46, in 2022.

That places Mexico 4th out of 113 countries with data for 2022, putting it in the top 10%.

The long-run direction has been consistently falling across the 12 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 18.36 16.3 23.13 5
2010s 19.63 17.48 21.7 5
2020s 15.31 13.46 17.17 2

Countries ranked near Mexico

  1. 1 Colombia 20.69 compare
  2. 2 South Africa 18.12 compare
  3. 3 Iraq 17.67 compare
  4. 5 Chile 13.27 compare
  5. 6 Botswana 12.76 compare
  6. 7 Costa Rica 11.65 compare

See the full ranking of 113 places →

More reference data data for Mexico

All data for Mexico →

Frequently asked questions

What is palma ratio (before tax) in Mexico?
Palma ratio (before tax) in Mexico was 13.46 in 2022, according to World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
What is the highest palma ratio (before tax) recorded in Mexico?
The highest recorded value was 23.13 in 2008.
What is the lowest palma ratio (before tax) recorded in Mexico?
The lowest recorded value was 13.46 in 2022.
How does Mexico rank for palma ratio (before tax)?
Mexico ranks 4th out of 113 countries with data for 2022.
Is palma ratio (before tax) rising or falling in Mexico?
Over the last ten years it is down 38.0%. The long-run trend across the full record is falling.
Where does this Mexico data come from?
The figures come from World Inequality Database (WID.world) (2026) – with major processing by Our World in Data, published as part of Palma ratio (before tax). Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator
Palma ratio (before tax)
Source
World Inequality Database (WID.world) (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
113 places, 3,075 data points, 1820–2024
Last refreshed

The Palma ratio is a measure of inequality that divides the share received by the richest 10% by the share of the poorest 40%. Higher values indicate higher inequality. Inequality is measured here in terms of income before taxes and benefits.