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💸 Investing in Mexico

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💸 Investing in Mexico

Mexicans are joining the investor class en masse -- but where are they putting their pesos?

Latinometrics
Aug 08, 2024
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💸 Investing in Mexico

latinometrics.substack.com
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Welcome to Latinometrics. We bring you Latin American insights and trends through concise, thought-provoking data visualizations.

Personal Finance 💰

What’s the secret to building long-term wealth?

A pension? Climbing the corporate ladder? Scouring the globe for a rich bride or groom who will serve as your ticket into the rich life?

Try investing.

Like many of their peers in other emerging markets, Mexicans are becoming increasingly active investors. The citizens of Latin America’s second-largest economy have seen skyrocketing rates of investment activity in recent years.

This has been particularly the case since the pandemic, as more and more economically active people – those who either currently contribute to the economy or are available to do so – try to grow their wealth through investing.

In 2015, less than 1% of Mexicans held an investor account; fast forward less than a decade and you see over 13%, reflecting a massive shift in just a few short years.

Mexican investors grew 32x in the past decade

So what are Mexicans putting their hard-earned cash into?

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