Commodity subsidies in New Mexico totaled $1.1 billion from 1995-2023.
From 1995 to 2023, the top 10 percent of commodity payment recipients were paid 81 percent of commodity payments.
Pct. of Recipients | Pct. of Payments | Number of Recipients | Total Payments 1995-2023 | Payment per Recipient |
---|---|---|---|---|
Top 1% | 31% | 181 | $335,514,501 | $1,853,671 |
Top 2% | 45% | 363 | $480,384,674 | $1,323,374 |
Top 3% | 54% | 545 | $577,840,022 | $1,060,257 |
Top 4% | 61% | 726 | $650,490,437 | $895,992 |
Top 5% | 66% | 908 | $707,661,819 | $779,363 |
Top 6% | 70% | 1,090 | $753,202,174 | $691,011 |
Top 7% | 74% | 1,272 | $790,086,686 | $621,137 |
Top 8% | 76% | 1,453 | $821,110,251 | $565,114 |
Top 9% | 79% | 1,635 | $847,920,983 | $518,606 |
Top 10% | 81% | 1,817 | $871,245,843 | $479,497 |
Top 11% | 83% | 1,999 | $891,551,301 | $445,999 |
Top 12% | 85% | 2,180 | $909,013,817 | $416,979 |
Top 13% | 86% | 2,362 | $924,515,123 | $391,412 |
Top 14% | 87% | 2,544 | $938,227,034 | $368,800 |
Top 15% | 88% | 2,725 | $950,370,073 | $348,760 |
Top 16% | 90% | 2,907 | $961,170,130 | $330,640 |
Top 17% | 90% | 3,089 | $970,859,669 | $314,296 |
Top 18% | 91% | 3,271 | $979,633,843 | $299,491 |
Top 19% | 92% | 3,452 | $987,518,202 | $286,071 |
Top 20% | 93% | 3,634 | $994,700,671 | $273,721 |
Remaining 80% of recips. | 7% | 14,539 | $79,266,064 | $5,452 |