What country is richer Mexico or El Salvador?

El Salvador has a GDP per capita of $8,000 as of 2017, while in Mexico, the GDP per capita is $19,900 as of 2017.

Is Mexico considered a wealthy country?

Mexico has the 11th to 13th richest economy in the world and ranks 4th with most number of poor among richest economies. Mexico is the 10th to 13th country with the most number of poor in the world.

Is Mexico cheaper than El Salvador?

El Salvador is 40% more expensive than Mexico.

Is Mexico bigger than El Salvador?

Mexico is about 93 times bigger than El Salvador.

El Salvador is approximately 21,041 sq km, while Mexico is approximately 1,964,375 sq km, making Mexico 9,236% larger than El Salvador.

Where does Mexico’s economy rank in the world?

Mexico is considered as the 15th largest economy in the world, while leading exporter in the Latin America. It has a Gross Domestic Product (GDP) of $1,269 billion, with a nominal GDP of $9,946.

Is Mexico richer than USA?

Mexico’s $2.4 trillion economy – 11th largest in the world – has become increasingly oriented toward manufacturing since the North American Free Trade Agreement (NAFTA) entered into force in 1994. Per capita income is roughly one-third that of the US; income distribution remains highly unequal.

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Is Mexico richer than Brazil?

Take GDP per capita: as of a few years ago, Brazil has been richer than Mexico. But if you account for purchasing power (that is, the amount of stuff people can buy in their country with the money they earn), Mexico jumps ahead.

How expensive is El Salvador?

The cost of living in El Salvador for a family of four, without rent, ranges from $1,000 to $2000. However, these ranges can go as low as $600 or higher than $2000. Circumstances such as living location and individual needs have a significant impact on determining the total cost.

Is Salvador poorer than Mexico?

El Salvador has a GDP per capita of $8,000 as of 2017, while in Mexico, the GDP per capita is $19,900 as of 2017.

How many times can El Salvador fit in Mexico?

El Salvador is about 93 times smaller than Mexico.

How many million people are in El Salvador?

El Salvador 2020 population is estimated at 6,486,205 people at mid year according to UN data.

Is Mexico a 3rd world country?

The term “Third World” was invented during the Cold War to define countries that remained non-aligned with either NATO or the Warsaw Pact. … So although technically Mexico is by definition a 3rd world country, it is most certainly none of those other things.

What is the richest state in Mexico?

The 10 Richest States In Mexico

Rank State Poverty Rate (2012)
1 Nuevo León 23.2%
2 Coahuila 27.9%
3 Federal District 28.9%
4 Sonora 29.1%

Is Mexico a 1st world country?

Mexico is a 3rd world country: The term “First World” refers to so called developed, capitalist, industrial countries, roughly, a bloc of countries aligned with the United States after World War II, with more or less common political and economic interests: North America, Western Europe, Japan and Australia.

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