Mexico | Gender Inequality in Financial Inclusion

Summary

While financial inclusion in Mexico has made progress, this press release seeks not only to encourage reflection on the existing inequalities in women’s financial inclusion, but also to highlight some of the additional barriers they face in accessing financial services.

Key points

• Key points:
• 58.6% of women (aged 18 to 70) have a formal savings product, compared to 68.0% of men, representing a 9.4 percentage point gap.
• When it comes to retirement savings, 34.2% of women hold an AFORE account, compared to 51.4% of men. This is the widest gap observed, with a difference of 17.2 percentage points.
• Women also have limited access to assets that can serve as collateral for credit. In 2024, there was a 13.2 percentage point gap in home ownership (25.3% women vs. 38.5% men), a 26.8 pp gap in vehicle ownership (16.5% vs. 43.3%), and a 6.9 pp gap in ownership of agricultural land or plots (5.7% vs. 12.6%).
• Some women experience economic or patrimonial violence. In 2021, 16.2% of women aged 15 and older reported suffering this form of violence within the previous 12 months.
• It is important to recognize that not all women face the same conditions. Subgroups such as Indigenous women, single mothers, and older women face additional barriers and must be made visible to foster further efforts from the public, private, and social sectors. These efforts should also address their specific financial inclusion needs.

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