Upper Class Income In Mexico
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I would say between 50 000 and 80 000 mexican pesos.
Upper class income in mexico. Data for mexico upper middle income from the world bank. Comparable figures in mexico are 53 percent for the upper class and 40 percent for the lower class. Mexico s middle class is defined by euromonitor as households whose income is between us 15 000 and 45 000 a year. To put this in perspective for every upper class person in mexico there are 49 in the lower class.
That compares to about 6 years for the poor 8 years for the vulnerable those that the authors of the study consider as not poor any more earning from us 4 to us 10 per day but still at risk of falling back into poverty and about 14 years for the upper class. April 11 2019 the oecd defines the middle class as people who receive income between 75 and 200 of the median national income. In 2013 mexico s upper income segment is pushing growth in the higher end retail market. Only 1 4 percent of lower income households climbed to the upper class in chile while in mexico this rose to 5 2 percent.
According to the study s findings the mexican middle class goes to school in average a little less than 12 years. Add 15k per kid per month for tuition fees on a private i. These findings show that while the latin american upper class has a negligible probability of falling into poverty 2 percent in chile and 7 percent in mexico the lower classes chances of joining the rich are even slimmer. Upper middle class is exactly where how i grew up.
For this reason in mexico it is very hard to determine what is the middle class.
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