> Mexico has a slightly lower GDP per capita ($10k) than China ($12k) as per 2021 according to the world bank
GDP/GDP per Capita =/= Household Income
GDP is a representation of economic production (ie. how much shit you can produce).
Economic Productivity doesn't neccesarily scale with Wage Growth, hence why you see America's GDP per Capita approach $80k/yr yet median income around $60-70k/yr
> Mexico has a median household income of $3.5K compared to China's $4.8K [2].
CEIC Data's numbers are off on both matters.
The datasets I've included in my citations are those from the Govt of China (National Bureau of Statistics of China [0]) and the Govt of Mexico (National Institute of Statistics and Geography [1]).
The Chinese numbers I provided were released last year in 2022 and the Mexican numbers I provided were for 2020 (Mexico computes median income every 2 years)
In my experience CEIC Data's datasets are entirely off. Furthermore, digging into their datasets, it appears they aren't translating numbers correctly.
Some countries like Mexico and Italy report Median household income on a quarterly cadence, which CEIC doesn't take into account and explains why Italy's household income is listed at $15k despite the numbers provided to the EU are much higher.
> Your numbers are way off
In the future, when discussing economic metrics, I recommend sourcing directly from that Nation or State's Statistical Agency. The data they provide is more up to date and provides relevant context that 3rd party scrapers like CEIC or Statisa don't provide. Learning to speak/read Mandarin or Spanish helps as well, as policy discussions in China and Mexico tend to occur in those languages respectively.
[0] - http://www.stats.gov.cn/
[1] - https://www.inegi.org.mx/