UBI RADAR
EN / ES

TOOL · GROSS COST

How much would a basic income cost in Mexico?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Adult population 97,411,242child population 32,328,517year 2023World Bank WDI

GROSS ANNUAL COST

1,090,325 million

in MXNMX$1,090,324,804,800

Equal to 3.4% of reference GDP

Population covered: 129,739,759 people

Adults: 97,411,242 × MX$800 × 12 = MX$935,147,923,200

Children: 32,328,517 × MX$400 × 12 = MX$155,176,881,600

MX$935,147,923,200 + MX$155,176,881,600 = MX$1,090,324,804,800

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $1,794,410,347,718 · World Bank WDI

Currency MXN · exchange rate 17.7587 MXN/USD (2023)

Converted cost $61,396,598,936 for the GDP share.