Mexico External Debt: % of GDP
Key information about Mexico External Debt: % of GDP
- Mexico External Debt accounted for 35.1 % of the country's Nominal GDP in 2025, compared with the ratio of 32.2 % in the previous year.
- Mexico External Debt: % of Nominal GDP data is updated yearly, available from Dec 2002 to Dec 2025.
- The data reached an all-time high of 55.6 % in Dec 2020 and a record low of 16.9 % in Dec 2006.
CEIC calculates External Debt as % of Nominal GDP from quarterly External Debt and quarterly de-annualized Nominal GDP. The Bank of Mexico provides External Debt in USD based on External Debt Statistics: Guide for Compilers and Users, 2013. The National Institute of Geography and Statistics provides annualized Nominal GDP in local currency. Federal Reserve Board average market exchange rate is used for currency conversions. External Debt prior to 2009 is based on External Debt Statistics: Guide for Compilers and Users, 2003.
Related information about Mexico External Debt: % of GDP
- In the latest reports of Mexico, Current Account recorded a surplus of 2.3 USD bn in Sep 2025.
- Foreign Direct Investment (FDI) fell by 2.7 USD bn in Dec 2025.
- Mexico Direct Investment Abroad expanded by 4.3 USD bn in Dec 2025.
- Its Foreign Portfolio Investment fell by 12.3 USD bn in Dec 2025.
- The country's Nominal GDP was reported at 473.6 USD bn in Sep 2025.
View Mexico's External Debt: % of GDP from 2002 to 2025 in the chart:
What was Mexico's External Debt: % of GDP in 2025?
Mexico External Debt accounted for 35.1 % of the country's Nominal GDP in 2025, compared with the ratio of 32.2 % in the previous year. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 35.1 2025 | 32.2 2024 | 16.9 2006 | 55.6 2020 | % | yearly | 2002 - 2025 |
External Debt: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 37.8 2025 | yearly | 1991 - 2025 |
| Algeria (%) | 1.1 2024 | yearly | 1970 - 2024 |
| Argentina (%) | 46.8 2025 | yearly | 1994 - 2025 |
| Armenia (%) | 64.7 2025 | yearly | 2000 - 2025 |
| Australia (%) | 107.6 2025 | yearly | 1988 - 2025 |
| Austria (%) | 154.5 2024 | yearly | 1997 - 2024 |
| Azerbaijan (%) | 14.9 Dec 2021 | quarterly | Dec 2001 - Dec 2021 |
| Bangladesh (%) | 11.4 2017 | yearly | 1997 - 2017 |
| Belarus (%) | 40.7 Dec 2025 | quarterly | Dec 2000 - Dec 2025 |
| Belgium (%) | 242.8 2025 | yearly | 2007 - 2025 |
| Bolivia (%) | 33.0 2024 | yearly | 2006 - 2024 |
| Bosnia and Herzegovina (%) | 16.4 2025 | yearly | 1999 - 2025 |
| Botswana (%) | 7.8 2025 | yearly | 1995 - 2025 |
| Brazil (%) | 29.0 2025 | yearly | 1992 - 2025 |
| Bulgaria (%) | 50.5 2025 | yearly | 1999 - 2025 |
| Cambodia (%) | 45.4 2024 | yearly | 2010 - 2024 |
| Canada (%) | 147.8 2025 | yearly | 1990 - 2025 |
| Chile (%) | 77.6 2025 | yearly | 1971 - 2025 |
| China (%) | 11.9 2025 | yearly | 1985 - 2025 |
| Colombia (%) | 48.0 2024 | yearly | 1970 - 2024 |
| Croatia (%) | 74.3 2022 | yearly | 1998 - 2022 |
| Cyprus (%) | 617.2 2025 | yearly | 2004 - 2025 |
| Czech Republic (%) | 66.4 2025 | yearly | 1995 - 2025 |
| Denmark (%) | 142.9 2025 | yearly | 2005 - 2025 |
| Ecuador (%) | 49.6 2025 | yearly | 1970 - 2025 |
| Egypt (%) | 42.4 Sep 2025 | quarterly | Jun 1999 - Sep 2025 |
| Estonia (%) | 100.4 2025 | yearly | 1996 - 2025 |
| European Union (%) | 106.7 2025 | yearly | 2013 - 2025 |
| Finland (%) | 207.2 2025 | yearly | 1991 - 2025 |
| France (%) | 250.2 2024 | yearly | 2004 - 2024 |
| Georgia (%) | 70.3 2025 | yearly | 1999 - 2025 |
| Germany (%) | 151.3 2025 | yearly | 1999 - 2025 |
| Ghana (%) | 25.7 2025 | yearly | 1999 - 2025 |
| Greece (%) | 237.7 2025 | yearly | 2003 - 2025 |
| Hong Kong SAR, China (%) | 481.9 2025 | yearly | 2001 - 2025 |
| Hungary (%) | 118.0 2025 | yearly | 2006 - 2025 |
| Iceland (%) | 75.3 2025 | yearly | 1989 - 2025 |
| India (%) | 19.1 2025 | yearly | 1970 - 2025 |
| Indonesia (%) | 29.9 2025 | yearly | 2003 - 2025 |
| Iran (%) | 0.8 2025 | yearly | 1994 - 2025 |
| Ireland (%) | 507.4 2025 | yearly | 2002 - 2025 |
| Israel (%) | 26.9 2025 | yearly | 1998 - 2025 |
| Italy (%) | 120.8 2024 | yearly | 2002 - 2024 |
| Ivory Coast (%) | 34.4 2022 | yearly | 1994 - 2022 |
| Japan (%) | 109.3 2025 | yearly | 2003 - 2025 |
| Jordan (%) | 74.1 2025 | yearly | 1970 - 2025 |
| Kazakhstan (%) | 59.5 Dec 2025 | quarterly | Mar 2002 - Dec 2025 |
| Kenya (%) | 31.1 2025 | yearly | 2006 - 2025 |
| South Korea (%) | 40.9 2025 | yearly | 1994 - 2025 |
| Kosovo (%) | 40.7 2024 | yearly | 2007 - 2024 |
| Kuwait (%) | 41.3 2024 | yearly | 2014 - 2024 |
| Kyrgyzstan (%) | 68.2 2024 | yearly | 2003 - 2024 |
| Laos (%) | 68.7 2024 | yearly | 1996 - 2024 |
| Latvia (%) | 99.5 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Lebanon (%) | 21.3 2023 | yearly | 2007 - 2023 |
| Lithuania (%) | 93.1 2025 | yearly | 1996 - 2025 |
| Luxembourg (%) | 3,937.1 2025 | yearly | 2002 - 2025 |
| North Macedonia (%) | 72.0 2025 | yearly | 2004 - 2025 |
| Malawi (%) | 60.1 2021 | yearly | 2006 - 2021 |
| Malaysia (%) | 68.9 2025 | yearly | 2009 - 2025 |
| Malta (%) | 785.5 2025 | yearly | 2004 - 2025 |
| Mauritius (%) | 1,200.9 2025 | yearly | 2009 - 2025 |
| Mexico (%) | 35.1 2025 | yearly | 2002 - 2025 |
| Moldova (%) | 56.7 2024 | yearly | 2000 - 2024 |
| Mongolia (%) | 159.5 2025 | yearly | 1992 - 2025 |
| Montenegro (%) | 105.7 2024 | yearly | 2006 - 2024 |
| Morocco (%) | 50.8 2022 | yearly | 1970 - 2022 |
| Mozambique (%) | 49.2 2023 | yearly | 1985 - 2023 |
| Myanmar (%) | 18.9 2023 | yearly | 2018 - 2023 |
| Nepal (%) | 17.3 2016 | yearly | 2001 - 2016 |
| Netherlands (%) | 345.3 2025 | yearly | 2003 - 2025 |
| New Zealand (%) | 98.2 2025 | yearly | 1993 - 2025 |
| Nigeria (%) | 12.0 2025 | yearly | 1985 - 2025 |
| Norway (%) | 156.0 2025 | yearly | 2003 - 2025 |
| Pakistan (%) | 33.4 2025 | yearly | 2000 - 2025 |
| Palestinian Territory (%) | 13.1 2024 | yearly | 2012 - 2024 |
| Panama (%) | 167.4 2021 | yearly | 2014 - 2021 |
| Paraguay (%) | 59.8 2025 | yearly | 2000 - 2025 |
| Peru (%) | 33.5 2025 | yearly | 1980 - 2025 |
| Philippines (%) | 30.3 2025 | yearly | 1990 - 2025 |
| Poland (%) | 50.1 2025 | yearly | 1995 - 2025 |
| Portugal (%) | 145.3 2025 | yearly | 1996 - 2025 |
| Qatar (%) | 106.1 2018 | yearly | 2000 - 2018 |
| Romania (%) | 57.5 2024 | yearly | 1995 - 2024 |
| Russia (%) | 12.5 2025 | yearly | 1993 - 2025 |
| Serbia (%) | 60.5 2024 | yearly | 2000 - 2024 |
| Singapore (%) | 402.2 2025 | yearly | 2003 - 2025 |
| Slovakia (%) | 100.8 2025 | yearly | 1995 - 2025 |
| Slovenia (%) | 88.9 2025 | yearly | 1995 - 2025 |
| South Africa (%) | 46.9 2025 | yearly | 1985 - 2025 |
| Spain (%) | 162.9 2024 | yearly | 1995 - 2024 |
| Sri Lanka (%) | 75.0 2022 | yearly | 1998 - 2022 |
| Sudan (%) | 202.2 2021 | yearly | 2001 - 2021 |
| Sweden (%) | 157.5 2025 | yearly | 1997 - 2025 |
| Switzerland (%) | 226.4 2025 | yearly | 1999 - 2025 |
| Taiwan, China (%) | 26.5 2025 | yearly | 1999 - 2025 |
| Tajikistan (%) | 37.7 2021 | yearly | 2000 - 2021 |
| Thailand (%) | 35.4 Dec 2025 | quarterly | Mar 2005 - Dec 2025 |
| Tunisia (%) | 73.8 2025 | yearly | 2002 - 2025 |
| Turkey (%) | 32.6 2025 | yearly | 1995 - 2025 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -3.8 Dec 2025 | quarterly | Dec 1980 - Dec 2025 |
| Consolidated Fiscal Balance (USD mn) | -6,195.609 Mar 2026 | monthly | Jan 1977 - Mar 2026 |
| Tax Revenue (USD mn) | 31,151.605 Mar 2026 | monthly | Jan 1977 - Mar 2026 |
| Tax Revenue: % of GDP (%) | 13.7 Dec 2025 | quarterly | Mar 1993 - Dec 2025 |
| National Government Debt (USD mn) | 1,114,967.1 Mar 2026 | monthly | Dec 2005 - Mar 2026 |
| Government Debt: % of GDP (%) | 59.5 Dec 2025 | quarterly | Dec 2005 - Dec 2025 |
| Forecast: Government Expenditure (MXN bn) | 13,962.499 2031 | yearly | 1990 - 2031 |
| Forecast: Government Net Debt (MXN bn) | 31,442.089 2031 | yearly | 1996 - 2031 |
| Forecast: Government Revenue (MXN bn) | 12,479.092 2031 | yearly | 1990 - 2031 |
| External Public Debt: Gross (USD mn) | 206,913.000 Feb 2019 | monthly | Jan 1990 - Feb 2019 |
| Domestic Public Debt: Gross Debt (MXN mn) | 7,093,613.000 Feb 2019 | monthly | Dec 2005 - Feb 2019 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 4,328.4 Dec 2025 | quarterly | Mar 2002 - Dec 2025 |
| Current Account Balance (USD mn) | 2,325.0 Sep 2025 | quarterly | Mar 1980 - Sep 2025 |
| Current Account Balance: % of GDP (%) | 1.6 Dec 2025 | quarterly | Mar 1993 - Dec 2025 |
| Foreign Direct Investment (USD mn) | -2,748.6 Dec 2025 | quarterly | Mar 1980 - Dec 2025 |
| Foreign Direct Investment: % of GDP (%) | -0.6 Dec 2025 | quarterly | Mar 1993 - Dec 2025 |
| Foreign Portfolio Investment (USD mn) | -12,271.187 Dec 2025 | quarterly | Mar 1980 - Dec 2025 |
| Foreign Portfolio Investment: % of GDP (%) | -2.5 Dec 2025 | quarterly | Mar 1993 - Dec 2025 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 2,681.6 Dec 2025 | quarterly | Mar 2002 - Dec 2025 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | -14,952.741 Dec 2025 | quarterly | Mar 2002 - Dec 2025 |
| External Debt (USD mn) | 447,827.9 Dec 2021 | quarterly | Mar 2002 - Dec 2021 |
| External Debt: % of GDP (%) | 35.1 2025 | yearly | 2002 - 2025 |
| External Debt: Short Term (USD mn) | 62,181.8 Dec 2025 | quarterly | Mar 2002 - Dec 2025 |
| External Debt: Short Term: % of GDP (%) | 3.4 2025 | yearly | 2002 - 2025 |
| Total Debt: % of GDP (%) | 114.9 Dec 2025 | quarterly | Dec 2000 - Dec 2025 |
| Forecast: Current Account Balance (USD bn) | -17.919 2031 | yearly | 1980 - 2031 |
| Net International Investment Position (USD mn) | -638,488.610 Dec 2025 | quarterly | Mar 2009 - Dec 2025 |
| Domestic Public Debt: Short Term (MXN mn) | 583,458.300 Mar 2026 | monthly | Dec 2005 - Mar 2026 |
| Domestic Public Debt: Long Term (MXN mn) | 15,025,962.500 Mar 2026 | monthly | Dec 2005 - Mar 2026 |
| BoP: Current Account (CA) (USD mn) | 7,702.354 Dec 2025 | quarterly | Mar 2002 - Dec 2025 |
| BoP: Capital Account (USD mn) | -4.010 Dec 2025 | quarterly | Mar 2002 - Dec 2025 |
| BoP: Financial Account (FA) (USD mn) | 5,343.983 Dec 2025 | quarterly | Mar 2002 - Dec 2025 |
| BoP: FA: Portfolio Investment (PI) (USD mn) | 12,023.060 Dec 2025 | quarterly | Mar 2002 - Dec 2025 |
| BoP: Capital Account: Debit (USD mn) | 20.657 Dec 2025 | quarterly | Mar 2002 - Dec 2025 |
| BoP: FA: Other Investment (USD mn) | -8,333.753 Dec 2025 | quarterly | Mar 2002 - Dec 2025 |
| BoP: Capital Account: Credit (USD mn) | 16.646 Dec 2025 | quarterly | Mar 2002 - Dec 2025 |
| BoP: FA: Direct Investment (DI) (USD mn) | 7,076.986 Dec 2025 | quarterly | Mar 2002 - Dec 2025 |
| BoP: Errors and Omissions (USD mn) | -2,354.361 Dec 2025 | quarterly | Mar 2002 - Dec 2025 |
| BoP: FA: Reserve Assets (USD mn) | -6,469.527 Dec 2025 | quarterly | Mar 2002 - Dec 2025 |
| BoP: FA: Financial Derivatives (USD mn) | 1,047.216 Dec 2025 | quarterly | Mar 2002 - Dec 2025 |
| Gross External Debt: OS: NF: Private (USD mn) | 119,088.500 Dec 2018 | quarterly | Mar 2002 - Dec 2018 |
| Gross External Debt: OS: NF: Public Corp (USD mn) | 94,691.200 Dec 2018 | quarterly | Mar 2002 - Dec 2018 |
| FDI: Financial and Insurance Svcs (USD th) | 2,495,000.000 2018 | yearly | 1999 - 2018 |
| Foreign Direct Investment: Germany (USD th) | 2,604,400.000 2018 | yearly | 1999 - 2018 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 2.2 Mar 2026 | quarterly | Dec 1994 - Mar 2026 |
| Household Debt: % of GDP (%) | 17.4 Dec 2025 | quarterly | Dec 2000 - Dec 2025 |
| Non-Performing Loans (USD mn) | 9,914.988 Mar 2026 | monthly | Jan 1997 - Mar 2026 |
| Money Supply M1 (USD mn) | 478,128.768 Mar 2026 | monthly | Dec 1985 - Mar 2026 |
| Money Supply M2 (USD mn) | 862,760.049 Oct 2025 | monthly | Dec 1985 - Oct 2025 |
| M2 Growth (%) | 6.4 Mar 2026 | monthly | Dec 1986 - Mar 2026 |
| Foreign Exchange Reserves (USD mn) | 231,225.9 Mar 2026 | monthly | Jan 2000 - Mar 2026 |
| Foreign Exchange Reserves: % of GDP (%) | 11.930 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 3.6 Mar 2026 | monthly | Jan 2000 - Mar 2026 |
| Gold Reserves (USD mn) | 17,801.025 Mar 2026 | monthly | Dec 1956 - Mar 2026 |
| Total Deposits (USD mn) | 543,583.934 Mar 2026 | monthly | Jan 1998 - Mar 2026 |
| Total Deposits Growth (%) | 7.4 Mar 2026 | monthly | Jan 1999 - Mar 2026 |
| Domestic Credit (USD mn) | 933,336.1 Feb 2026 | monthly | Dec 2001 - Feb 2026 |
| Domestic Credit Growth (%) | 6.3 Feb 2026 | monthly | Dec 2002 - Feb 2026 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 5.600 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Credit to Households (USD bn) | 327.443 Sep 2025 | quarterly | Dec 1994 - Sep 2025 |
| Credit to Private Non-Financial Sector (USD bn) | 737.197 Sep 2025 | quarterly | Dec 1980 - Sep 2025 |
| Household Debt (USD mn) | 340,603.7 Dec 2025 | quarterly | Dec 2000 - Dec 2025 |
| Total Loans (USD mn) | 534,088.402 Mar 2026 | monthly | Dec 2000 - Mar 2026 |
| Total Loans Growth (%) | 6.97 Mar 2026 | monthly | Dec 2001 - Mar 2026 |
| Private Debt: % of Nominal GDP (%) | 21.17 Dec 2025 | quarterly | Mar 2004 - Dec 2025 |
| Official Reserve Assets (ORA) (USD mn) | 268,661.054 Mar 2026 | monthly | Jan 2000 - Mar 2026 |
| ORA: Foreign Currency Reserves in Convertible (FCR) (USD mn) | 230,417.842 Mar 2026 | monthly | Jan 2000 - Mar 2026 |
| ORA: Gold incl Gold on Loans (USD mn) | 5,083.121 Feb 2019 | monthly | Jan 2000 - Feb 2019 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -0.9 Apr 2026 | monthly | Jan 2005 - Apr 2026 |
| Composite Coincident Index: sa: 2018=100 (2018=100) | 97.900 Feb 2026 | monthly | Jan 1980 - Feb 2026 |
| Composite Leading Index: sa: 2018=100 (2018=100) | 108.500 Feb 2026 | monthly | Jan 1980 - Feb 2026 |
| PMI: sa (Point) | 51.758 Mar 2019 | monthly | Jan 2004 - Mar 2019 |
| Composite Coincident Index: sa (2013=100) | 113.000 Jan 2019 | monthly | Jan 1980 - Jan 2019 |
| Composite Leading Index: sa (2013=100) | 104.600 Jan 2019 | monthly | Jan 1980 - Jan 2019 |
More Indicators for Mexico
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