Analysis by the Center for Latin American Monetary Studies (CEMLA) shows that economic inequality persists in Mexico, as evidenced by inequality in Gross domestic product (GDP) per capita between different federal entities.
Over the period 2018-2022, GDP per capita in Mexico decreased by 3.9%, measured in constant 2018 pesos.
This decline was reflected in 28 states across the country, highlighting the downward trend standards of living.
Although four states managed to increase their GDP per capita, such as Baja California, Chihuahua, Nayarit and Tabasco, growth was modest in the first three. Only Tabasco showed significant progress 30.2%.
The study highlights that GDP per capita is an important indicator for comparing living standards between countries and that inequality in mexico showed little progress from 2018 to 2022.
A remarkable fact is gap between GDP per capita from Nuevo Leon and Chiapas. In 2018, the per capita product in Nuevo Leon was 5.2 times greater than in Chiapas, and in 2022 this difference remained, increasing 5 times.
A similar situation is repeated when comparing Nuevo Leon’s GDP per capita with Guerrero’s: the ratio remains 3.8 times higher on both dates.
Mexico City, for its part, shows an even wider gap. In 2018, the capital’s GDP per resident was 6 times higher than in Chiapas, and this difference will continue in 2022.
Tabasco is an exception as it experienced a significant increase in GDP per capita of 34.8%, reflecting growth of the industrial sectorespecially in mining and construction.
Source: Aristegui Noticias
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
