Palma ratio after tax lis in Mexico
Mexico: Palma ratio after tax lis was 1.72 in 2024. ▼ Falling
Latest (2024)
1.72
Change on year
down 7.5%
World rank
9th
of 48 countries
All-time high
3.34
in 1998
All-time low
1.72
in 2024
Years of data
20
1984–2024
Palma ratio after tax lis in Mexico, 1984–2024
Source: Our World in Data.
Analysis
In 2024, palma ratio after tax lis in Mexico stood at 1.72. That is the lowest value across all 20 years on record.
The figure is down 7.5% on the previous year and down 33.3% over ten years.
Over the whole period, palma ratio after tax lis in Mexico peaked at 3.34 in 1998 and was at its lowest, 1.72, in 2024.
That places Mexico 9th out of 48 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.46 | 2.23 | 2.69 | 2 |
| 1990s | 3.19 | 2.97 | 3.34 | 4 |
| 2000s | 2.79 | 2.5 | 3.23 | 6 |
| 2010s | 2.42 | 2.13 | 2.67 | 5 |
| 2020s | 1.88 | 1.72 | 2.05 | 3 |
Countries ranked near Mexico
More economy & growth data for Mexico
- External balance on goods and services as a percent of gdp -0.6333 (2025)
- Inflation of consumer prices 3.81 (2025)
- Gdp per capita worldbank constant usd 10,257 (2025)
- Manufacturing value added to gdp 19.98 (2025)
- Gdp worldbank constant usd 1.35 trillion (2025)
- Gdp per capita in international and market dollars 10,257 (2025)
- DEC alternative conversion factor 19.24 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.18 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 61.48 billion current US$ (2025)
- Taxes less subsidies on products 2.35 trillion current LCU (2025)
Frequently asked questions
- What is palma ratio after tax lis in Mexico?
- Palma ratio after tax lis in Mexico was 1.72 in 2024, according to Our World in Data.
- What is the highest palma ratio after tax lis recorded in Mexico?
- The highest recorded value was 3.34 in 1998.
- What is the lowest palma ratio after tax lis recorded in Mexico?
- The lowest recorded value was 1.72 in 2024.
- How does Mexico rank for palma ratio after tax lis?
- Mexico ranks 9th out of 48 countries with data for 2024.
- Is palma ratio after tax lis rising or falling in Mexico?
- Over the last ten years it is down 33.3%. The long-run trend across the full record is falling.
- Where does this Mexico data come from?
- The figures come from Our World in Data, published as part of Palma ratio after tax lis. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (Our World in Data).