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Well some people are poor in Mexico,but Mexico is the 13th richest country in the world,and the 2nd richest person in the world is a Mexican citizen named Carlos Slim Helu with 60 billion,3 billion more dolars than Bill Gates!!!
Wiki User
∙ 12y ago
Wiki User
∙ 12y agoMexico is considered to be a "Developing Country", meaning it is neither (or both, depending on your point of view) rich and/or poor country. A more elaborate example follows:
The Benito Juarez (Mexico City), San Pedro Garza Garcia (Monterrey) and San Sebastian Tula (Oaxaca) municipalities have the highest personal income levels, education and health in Mexico, which correspond to the life quality levels of Norway, Australia and Spain.
On the other hand, Tehuipango (Veracruz), Coicoyan de las Flores (Oaxaca), Batopilas (Chihuahua) and Cochoapa el Grande (Guerrero) correspond to the quality of life of countries such as Madagascar, Haiti, Kenya and Benin.
A more striking example of this is located in the form of pictures. See related links for some examples.
Wiki User
∙ 10y agoNo. Among developing countries, Mexico is considered a nation with a high quality of life, just behind other countries like Russia, Romania, Bulgaria and Saudi Arabia and in a better shape than countries like Brazil, Ukraine and Turkey. Proof of this is the fact that for 2013, Mexico has a GDP per capita of US$17,554, an average life expectancy of 75 years and is the 11th largest economy in the world (US$1.788 trillion in 2012).
Wiki User
∙ 9y agoMexico is an "emerging market", "developing country" or "newly industrialized country" because although it is the tenth largest economy in the world (USD$1,845 billion for 2013), it has an ongoing industrialization, where agriculture activities are still important but are rapidly being outpaced by industrial (specially manufacturing) activities. This means Mexico is not fully developed, as many regions within the country have a quality of life equivalent to those of Western Europe, whereas there are other regions with education, life expectancy and economic advancement equivalent to those countries found in Sub-Saharan Africa.
For instance, the Human Development Index (HDI) is a ranking created by the United Nations Development Program (UNDP) to measure countries or regions according to three basic population parameters: health, education and income. For Mexico, which is composed by 31 states and one federal district, the Federal District and Nuevo Leon had the highest HDI in 2004 (0.8837 and 0.8513, respectively), while the lowest corresponded to Chiapas (0.7185) and Oaxaca (0.7336). As a comparison, the Federal District and Nuevo Leon indexes are equivalent to those of the Czech Republic and Lithuania while Chiapas and Oaxaca correspond to those of Vietnam and Iran.
On a municipality level, this contrasts are much more dramatic: The Benito Juarez district (Federal District), the San Pedro Garza Garcia municipality (Nuevo Leon) and the San Sebastian Tula municipality (Oaxaca) have the highest HDI in Mexico (0.9509, 0.95, 0.9204, respectively) which correspond to the life quality levels of Norway, Australia and Spain. By contrast, Tehuipango (Veracruz, 0.4985), Coicoyan de las Flores(Oaxaca, 0.4768), Batopilas (Chihuahua, 0.4734) and Cochoapa el Grande (Guerrero, 0.4354) correspond to the quality of life of Madagascar, Haiti, Kenya and Benin.
Therefore, until Mexico attains certain "threshold of development" where all its people has a certain quality of life, it will continue to be considered a "developing country".
Wiki User
∙ 11y agoJust the cartels
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Rich country in the world?
What is the question being asked here? 'Rich country in the world' is not a question.
Why would a country join OPEC?
because its a rich country
Is the U.S.A a rich or poor country?
some parts are rich and some are poor. In global terms, the USA is a very rich country, perhaps the richest, depending on the criteria you use.
Is Ivory Coast Rich Or Poor?
It used to be quite rich country until president gbagbo changed the country into a poor place
Which country is not a transitional economy?
mexico
Is Mexico rich on oil?
Mexico is an American country that is directly to the south of the United States. Mexico is very rich on oil.
Which country is rich in North America?
The riches country in north America is the united states America. The poorest country is Mexico.
What gemstone does Mexico produce?
Mexico is a rich country in terms of mineral wealth. Some of the gemstones Mexico produces include, in no particular order:OpalApatiteTopazAmethystHematiteOnyxNative SilverAdamite
What item did the Spaniards ship from Mexico and Peru that made their country rich?
Gold, mostly.
Which country is rich in silver?
hi people. from researches it has been found that the country which is richest in silver is -mexico with peru and china to follow
Why did the Spaniards set up mines and cattle ranches in the northern Mexico?
Because Mexico as well as the lost territories (including California or Texas) is a resource-rich country, with several minerals and pasture land.
Why is Mexico a favorite Spanish speaking country?
Most probably, because Mexico is the closest neighbor to the United States, has friendly people and has a rich and varied culture. Also it is the country with most American expats in the world.
What is mexicos education?
The country of Mexico has the rich and the poor populations, there is no middle class. In Mexico, the people who have money are able to get their children a good education. In the poorer regions, the child may go uneducated or have a substandard education.
What are countries in Mexico?
There are no countries in Mexico, Mexico is a country.
What is the country in Mexico?
Mexico IS a country.
Is Mexico is city or country?
Mexico is a country, but the capital of Mexico is Mexico city.
Mexico City is located in what country?
In the country of Mexico.
