Mexico vs Paraguay: Income inequality: Palma ratio (after tax)
Mexico
1.72
in 2024
Paraguay
2.45
in 2024
Mexico rank
9th
Paraguay rank
6th
Income inequality: Palma ratio (after tax) over time
- Mexico
- Paraguay
How they compare
Paraguay currently reports 2.45 against 1.72 in Mexico, a difference of 0.73.
That makes Paraguay's figure about 1.4 times Mexico's.
Across all 14 years both countries report, Paraguay has been ahead every year.
Mexico ranks 9th and Paraguay ranks 6th of 48 countries.
Paraguay has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Mexico | Paraguay | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.79 | 3.62 | 0.8238 | Paraguay |
| 2010s | 2.42 | 3.02 | 0.5979 | Paraguay |
| 2020s | 1.88 | 2.45 | 0.5774 | Paraguay |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher income inequality: palma ratio (after tax), Mexico or Paraguay?
- Paraguay, at 2.45 against 1.72 in Mexico as of 2024.
- What is the difference in income inequality: palma ratio (after tax) between Mexico and Paraguay?
- 0.73, with Paraguay ahead.
- How many years of comparable data are there for Mexico and Paraguay?
- 14 years are reported by both, from 2000 to 2024.
- How do Mexico and Paraguay rank globally for income inequality: palma ratio (after tax)?
- Mexico ranks 9th and Paraguay ranks 6th of 48 countries.
- Where does this data come from?
- Luxembourg Income Study (2026) – with minor processing by Our World in Data, published as Income inequality: Palma ratio (after tax). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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 after taxes and benefits.