Is MExico the poorest country in the world? or almost first world..or what!?

Question

never been there...but its like the 12th economy of the world...and has the 2nd richest man in the world..so money is pooring in so whats the deal?

Answer 1

its both

Answer 2

Mexico is neither among the poorest countries of thw World nor is she in the first World. Mexicos per capita income in purchsing power parity terms is $ 11, 250 or so as against $30,000 to $45,000 for countries like Israel, France, Germany, Italy, Spain, Sweden, Japan, Britain, Canada and the United State. Among the poorer countries are Egypt, India, Pakistan and Bangladesh ($ 2500 to $ 5000 range). China is somewhat better with per capita income of about $7,500.

Answer 3

i visited mexico recently from australia, and my impression is that as a country it has a good deal of wealth, however the rich/poor divide seems to be huge. I'd say that it is not 3rd world although a lot of people live without the comforts that 1st world countries take for granted...

Answer 4

Mexico is richer than most countries and has substantial resources to work with but is slowed down economically by corrupt political institutions. One example is the kidnapping rings, which are financed by people in high places and used as a form of class warfare.

Answer 5

Malawi is currently the poorest country in the world (GDP $600 per capita), while Mexico's GDP is $9,600 per capita :)

Answer 6

Too many people. Bad political and economic history. No freedom like we enjoy in the US. There are many countries worse off than Mexico. North Korea is probably the worst. The people have so little to eat, they are actually getting smaller in stature. Just about every country in Africa is poorer than Mexico.