Financial inclusion in Mexico: Socio-demographic predictors increasing barriers

Financial inclusion is a fundamental pillar of development. Access to financial products and services broadens economic opportunities for individuals and firms and helps governments design and deliver transfers more effectively. For policymakers, increasing financial inclusion is a tool to accelerate growth, reduce inequality, and boost productivity for small and medium-sized enterprises. This paper aims to contribute to the literature on the sociodemographic characteristics that increase the barriers to financial inclusion in Mexico and to discuss their policy implications.