VCE0010 :
Although Mexico has a smaller middle-class share, its large population means that it already has more middle-class people than many individual European countries.
Estimated number of middle-class people
* United States: approximately 175 million
* Mexico: approximately 63 million
* Germany: approximately 54 million
* France: approximately 45 million
* United Kingdom: approximately 43 million
* Canada: approximately 25 million
* Netherlands: approximately 13 million
* Norway: approximately 4 million
What this means
Mexico is especially attractive to international companies because:
* It has the second-largest middle-class population in the Americas, behind the United States.
* In absolute terms, its middle class is larger than that of Germany, France, the United Kingdom, and Canada.
* European countries generally have a higher percentage of middle-class citizens, usually between 60% and 70%, but many have fewer middle-class people because their total populations are smaller.
* Mexico’s middle class has strong growth potential due to manufacturing, services, nearshoring, and its economic integration with North America through the USMCA.
Executive summary
The United States remains the largest middle-class market in the Western world. Mexico ranks second in the Americas and surpasses Germany, France, the United Kingdom, and Canada in the absolute number of middle-class consumers. European countries have a larger middle-class share, but Mexico offers greater scale and stronger growth potential for industries such as automotive, retail, housing, consumer goods, and financial services.
2026-07-18 00:04:45