Mexico Government Debt: % of GDP
2005 - 2022 | Quarterly | % | CEIC Data
Key information about Mexico Government Debt: % of GDP
- Mexico Government debt accounted for 51.9 % of the country's Nominal GDP in Sep 2022, compared with the ratio of 52.5 % in the previous quarter.
- Mexico government debt to GDP ratio data is updated quarterly, available from Dec 2005 to Sep 2022.
- The data reached an all-time high of 57.8 % in Mar 2021 and a record low of 21.3 % in Dec 2008.
CEIC calculates quarterly Government Debt as % of Nominal GDP from monthly Government Debt and rolling average of quarterly annualized Nominal GDP. Government Debt is calculated as a sum of Domestic Government Debt and External Government Debt. The Secretary of Finance and Public Credit provides Government Debt in USD and local currency. The National Institute of Statistics and Geography provides annualized Nominal GDP in local currency. The Federal Reserve Board period end market exchange rate is used for Government Debt and average market exchange rate is used for Nominal GDP currency conversions. Government Debt covers Central Government only.
Related information about Mexico Government Debt: % of GDP
- In the latest reports, Mexico National Government Debt reached 715.2 USD bn in Oct 2022.
- The country's Nominal GDP reached 357.9 USD bn in Sep 2022.
View Mexico's Government Debt: % of GDP from Dec 2005 to Sep 2022 in the chart:
What was Mexico's Government Debt: % of GDP in Sep 2022?
Mexico Government debt accounted for 51.9 % of the country's Nominal GDP in Sep 2022, compared with the ratio of 52.5 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 51.9 Sep 2022 | 52.5 Jun 2022 | 21.3 Dec 2008 | 57.8 Mar 2021 | % | quarterly | Dec 2005 - Sep 2022 |
Government Debt: % of GDP by Country Comparison
Buy Selected Data
Includes Government Debt: % of GDP on 108 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 62.8 Sep 2022 | quarterly | Sep 2010 - Sep 2022 |
| Algeria (%) | 62.1 2021 | yearly | 1997 - 2021 |
| Argentina (%) | 75.0 Sep 2022 | quarterly | Dec 2004 - Sep 2022 |
| Armenia (%) | 50.5 Sep 2022 | quarterly | Dec 2013 - Sep 2022 |
| Australia (%) | 47.7 2021 | yearly | 1999 - 2021 |
| Austria (%) | 81.3 Sep 2022 | quarterly | Mar 2000 - Sep 2022 |
| Azerbaijan (%) | 6.4 2010 | yearly | 2008 - 2010 |
| Bahrain (%) | 84.3 Sep 2022 | quarterly | Dec 2007 - Sep 2022 |
| Bangladesh (%) | 20.6 2022 | yearly | 2010 - 2022 |
| Belarus (%) | 36.7 Mar 2022 | quarterly | Dec 2003 - Mar 2022 |
| Belgium (%) | 106.3 Sep 2022 | quarterly | Dec 1980 - Sep 2022 |
| Bolivia (%) | 27.2 2014 | yearly | 1998 - 2014 |
| Bosnia and Herzegovina (%) | 24.4 2021 | yearly | 2007 - 2021 |
| Botswana (%) | 17.9 Dec 2021 | quarterly | Jun 2014 - Dec 2021 |
| Brazil (%) | 73.5 Dec 2022 | quarterly | Dec 2006 - Dec 2022 |
| Bulgaria (%) | 23.1 Sep 2022 | quarterly | Mar 2007 - Sep 2022 |
| Cambodia (%) | 35.2 2021 | yearly | 2013 - 2021 |
| Canada (%) | 71.3 2022 | yearly | 1962 - 2022 |
| Chile (%) | 37.5 Sep 2022 | quarterly | Mar 2002 - Sep 2022 |
| China (%) | 20.8 Sep 2022 | quarterly | Mar 2014 - Sep 2022 |
| Colombia (%) | 62.1 Jun 2022 | quarterly | Dec 2005 - Jun 2022 |
| Croatia (%) | 9.3 Sep 2022 | quarterly | Dec 1995 - Sep 2022 |
| Cyprus (%) | 91.6 Sep 2022 | quarterly | Dec 2010 - Sep 2022 |
| Czech Republic (%) | 45.2 Sep 2022 | quarterly | Mar 2000 - Sep 2022 |
| Denmark (%) | 30.7 Sep 2022 | quarterly | Mar 2000 - Sep 2022 |
| Ecuador (%) | 63.5 Sep 2022 | quarterly | Dec 2005 - Sep 2022 |
| Egypt (%) | 68.6 Jun 2020 | quarterly | Jun 2006 - Jun 2020 |
| Estonia (%) | 15.8 Sep 2022 | quarterly | Mar 2000 - Sep 2022 |
| European Union (%) | 85.1 Sep 2022 | quarterly | Mar 2000 - Sep 2022 |
| Finland (%) | 71.0 Sep 2022 | quarterly | Mar 2000 - Sep 2022 |
| France (%) | 113.3 Jun 2022 | quarterly | Dec 1995 - Jun 2022 |
| Georgia (%) | 39.5 Sep 2022 | quarterly | Mar 2006 - Sep 2022 |
| Germany (%) | 66.4 Sep 2022 | quarterly | Mar 2000 - Sep 2022 |
| Ghana (%) | 80.1 2021 | yearly | 2006 - 2021 |
| Greece (%) | 178.2 Sep 2022 | quarterly | Dec 1999 - Sep 2022 |
| Hong Kong SAR, China (%) | 47.6 2022 | yearly | 2003 - 2022 |
| Hungary (%) | 72.9 Sep 2022 | quarterly | Dec 1990 - Sep 2022 |
| Iceland (%) | 74.6 2021 | yearly | 1998 - 2021 |
| India (%) | 54.9 Sep 2022 | quarterly | Mar 2012 - Sep 2022 |
| Indonesia (%) | 39.0 Sep 2022 | quarterly | Jun 2015 - Sep 2022 |
| Iran (%) | 8.8 Mar 2022 | quarterly | Mar 1998 - Mar 2022 |
| Ireland (%) | 49.0 Sep 2022 | quarterly | Mar 2000 - Sep 2022 |
| Israel (%) | 67.1 2021 | yearly | 1995 - 2021 |
| Italy (%) | 147.2 Sep 2022 | quarterly | Dec 1995 - Sep 2022 |
| Ivory Coast (%) | 8.6 2015 | yearly | 1975 - 2015 |
| Japan (%) | 225.8 Sep 2022 | quarterly | Dec 1994 - Sep 2022 |
| Jordan (%) | 88.4 Sep 2022 | quarterly | Mar 2002 - Sep 2022 |
| Kazakhstan (%) | 23.0 Sep 2022 | quarterly | Mar 2005 - Sep 2022 |
| Kenya (%) | 66.9 Sep 2022 | quarterly | Dec 2009 - Sep 2022 |
| South Korea (%) | 48.1 Sep 2022 | quarterly | Sep 2002 - Sep 2022 |
| Kosovo (%) | 20.7 2022 | yearly | 2009 - 2022 |
| Kuwait (%) | 3.2 Dec 2020 | quarterly | Dec 2010 - Dec 2020 |
| Kyrgyzstan (%) | 50.9 Sep 2022 | quarterly | Mar 2011 - Sep 2022 |
| Latvia (%) | 39.9 Sep 2022 | quarterly | Mar 2000 - Sep 2022 |
| Lebanon (%) | 150.6 2020 | yearly | 1998 - 2020 |
| Lithuania (%) | 37.3 Sep 2022 | quarterly | Mar 2000 - Sep 2022 |
| Luxembourg (%) | 24.6 Sep 2022 | quarterly | Dec 1997 - Sep 2022 |
| North Macedonia (%) | 52.5 Sep 2022 | quarterly | Dec 2009 - Sep 2022 |
| Malawi (%) | 66.0 2014 | yearly | 2010 - 2014 |
| Malaysia (%) | 61.6 Sep 2022 | quarterly | Dec 2010 - Sep 2022 |
| Malta (%) | 53.2 Sep 2022 | quarterly | Dec 2000 - Sep 2022 |
| Mauritius (%) | 73.4 Dec 2022 | quarterly | Jun 2003 - Dec 2022 |
| Mexico (%) | 51.9 Sep 2022 | quarterly | Dec 2005 - Sep 2022 |
| Moldova (%) | 32.3 Sep 2022 | quarterly | Mar 2007 - Sep 2022 |
| Mongolia (%) | 59.4 Dec 2021 | quarterly | Dec 2017 - Dec 2021 |
| Montenegro (%) | 71.5 Sep 2022 | quarterly | Dec 2010 - Sep 2022 |
| Morocco (%) | 68.9 2021 | yearly | 1994 - 2021 |
| Nepal (%) | 27.2 2019 | yearly | 1990 - 2019 |
| Netherlands (%) | 49.0 Sep 2022 | quarterly | Dec 1999 - Sep 2022 |
| New Zealand (%) | 34.9 Sep 2022 | quarterly | Dec 2006 - Sep 2022 |
| Nigeria (%) | 20.2 Sep 2022 | quarterly | Dec 2010 - Sep 2022 |
| Norway (%) | 42.5 2021 | yearly | 1995 - 2021 |
| Oman (%) | 61.3 2021 | yearly | 1990 - 2021 |
| Pakistan (%) | 69.1 2021 | yearly | 2000 - 2021 |
| Palestinian Territory (%) | 75.0 Sep 2022 | quarterly | Dec 2010 - Sep 2022 |
| Panama (%) | 62.3 Sep 2022 | quarterly | Dec 2007 - Sep 2022 |
| Paraguay (%) | 31.5 Sep 2022 | quarterly | Dec 2014 - Sep 2022 |
| Peru (%) | 34.4 Sep 2022 | quarterly | Mar 1999 - Sep 2022 |
| Philippines (%) | 60.9 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Poland (%) | 50.3 Sep 2022 | quarterly | Dec 2002 - Sep 2022 |
| Portugal (%) | 120.1 Sep 2022 | quarterly | Dec 1995 - Sep 2022 |
| Qatar (%) | 15.0 2012 | yearly | 2006 - 2012 |
| Romania (%) | 47.7 Sep 2022 | quarterly | Dec 2011 - Sep 2022 |
| Russia (%) | 13.4 Sep 2022 | quarterly | Dec 2011 - Sep 2022 |
| Saudi Arabia (%) | 24.1 Sep 2022 | quarterly | Dec 2016 - Sep 2022 |
| Serbia (%) | 55.4 Sep 2022 | quarterly | Sep 2004 - Sep 2022 |
| Singapore (%) | 184.9 Sep 2022 | quarterly | Mar 1990 - Sep 2022 |
| Slovakia (%) | 58.6 Sep 2022 | quarterly | Mar 2000 - Sep 2022 |
| Slovenia (%) | 72.3 Sep 2022 | quarterly | Dec 1999 - Sep 2022 |
| South Africa (%) | 71.4 Sep 2022 | quarterly | Dec 1960 - Sep 2022 |
| Spain (%) | 115.6 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
| Sri Lanka (%) | 114.3 Sep 2022 | quarterly | Mar 2014 - Sep 2022 |
| Sweden (%) | 32.7 Sep 2022 | quarterly | Mar 1996 - Sep 2022 |
| Switzerland (%) | 25.1 2026 | yearly | 1990 - 2026 |
| Taiwan (%) | 30.1 2021 | yearly | 1996 - 2021 |
| Tajikistan (%) | 39.2 2020 | yearly | 1999 - 2020 |
| Thailand (%) | 53.4 Sep 2022 | quarterly | Dec 1997 - Sep 2022 |
| Tunisia (%) | 79.7 Dec 2021 | monthly | Apr 2011 - Dec 2021 |
| Turkey (%) | 34.8 Sep 2022 | quarterly | Dec 2001 - Sep 2022 |
| Ukraine (%) | 43.3 Dec 2021 | quarterly | Dec 2010 - Dec 2021 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doMexico Key Series
Buy Selected Data
Includes 272 key indicators for Mexico, curated by CEIC analysts. Instant access to full history data in excel.
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -2.7 Sep 2022 | quarterly | Dec 1980 - Sep 2022 |
| Consolidated Fiscal Balance (USD mn) | -23,264.449 Dec 2022 | monthly | Jan 1977 - Dec 2022 |
| Tax Revenue (USD mn) | 17,560.055 Dec 2022 | monthly | Jan 1977 - Dec 2022 |
| Tax Revenue: % of GDP (%) | 11.9 Sep 2022 | quarterly | Mar 1993 - Sep 2022 |
| National Government Debt (USD mn) | 731,328.7 Dec 2022 | monthly | Dec 2005 - Dec 2022 |
| Government Debt: % of GDP (%) | 51.9 Sep 2022 | quarterly | Dec 2005 - Sep 2022 |
| Forecast: Government Expenditure (MXN bn) | 10,051.470 2027 | yearly | 1990 - 2027 |
| Forecast: Government Net Debt (MXN bn) | 22,512.850 2027 | yearly | 1996 - 2027 |
| Forecast: Government Revenue (MXN bn) | 9,047.930 2027 | yearly | 1990 - 2027 |
| 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) | 4,265.3 Sep 2022 | quarterly | Mar 2002 - Sep 2022 |
| Current Account Balance (USD mn) | -5,505.2 Sep 2022 | quarterly | Mar 1980 - Sep 2022 |
| Current Account Balance: % of GDP (%) | -1.6 Sep 2022 | quarterly | Mar 1993 - Sep 2022 |
| Foreign Direct Investment (USD mn) | 6,203.7 Sep 2022 | quarterly | Mar 1980 - Sep 2022 |
| Foreign Direct Investment: % of GDP (%) | 1.8 Sep 2022 | quarterly | Mar 1993 - Sep 2022 |
| Foreign Portfolio Investment (USD mn) | -4,353.900 Sep 2022 | quarterly | Mar 1980 - Sep 2022 |
| Foreign Portfolio Investment: % of GDP (%) | -1.2 Sep 2022 | quarterly | Mar 1993 - Sep 2022 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | -1,708.9 Sep 2022 | quarterly | Mar 2002 - Sep 2022 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | -2,645.100 Sep 2022 | quarterly | Mar 2002 - Sep 2022 |
| External Debt (USD mn) | 447,827.9 Dec 2021 | quarterly | Mar 2002 - Dec 2021 |
| External Debt: % of GDP (%) | 47.1 2021 | yearly | 2002 - 2021 |
| External Debt: Short Term (USD mn) | 57,785.2 Sep 2022 | quarterly | Mar 2002 - Sep 2022 |
| External Debt: Short Term: % of GDP (%) | 3.7 2021 | yearly | 2002 - 2021 |
| Total Debt: % of GDP (%) | 110.4 Sep 2022 | quarterly | Dec 2000 - Sep 2022 |
| Forecast: Current Account Balance (USD bn) | -14.622 2027 | yearly | 1980 - 2027 |
| Net International Investment Position (USD mn) | -564,402.700 Sep 2022 | quarterly | Mar 2009 - Sep 2022 |
| Domestic Public Debt: Long Term (MXN mn) | 9,671,613.800 Dec 2022 | monthly | Dec 2005 - Dec 2022 |
| Domestic Public Debt: Short Term (MXN mn) | 340,412.900 Dec 2022 | monthly | Dec 2005 - Dec 2022 |
| BoP: Capital Account: Credit (USD mn) | 67.300 Sep 2022 | quarterly | Mar 2002 - Sep 2022 |
| BoP: FA: Financial Derivatives (USD mn) | -177.600 Sep 2022 | quarterly | Mar 2002 - Sep 2022 |
| BoP: Capital Account (USD mn) | -52.600 Sep 2022 | quarterly | Mar 2002 - Sep 2022 |
| BoP: FA: Portfolio Investment (PI) (USD mn) | -135.400 Sep 2022 | quarterly | Mar 2002 - Sep 2022 |
| BoP: Financial Account (FA) (USD mn) | -5,998.400 Sep 2022 | quarterly | Mar 2002 - Sep 2022 |
| BoP: FA: Reserve Assets (USD mn) | 3,933.500 Mar 2022 | quarterly | Mar 2002 - Mar 2022 |
| BoP: Capital Account: Debit (USD mn) | 119.800 Sep 2022 | quarterly | Mar 2002 - Sep 2022 |
| BoP: FA: Other Investment (USD mn) | -2,966.700 Jun 2022 | quarterly | Mar 2002 - Jun 2022 |
| BoP: Current Account (CA) (USD mn) | -5,505.200 Sep 2022 | quarterly | Mar 2002 - Sep 2022 |
| BoP: FA: Direct Investment (DI) (USD mn) | -1,938.500 Sep 2022 | quarterly | Mar 2002 - Sep 2022 |
| BoP: Errors and Omissions (USD mn) | -440.700 Sep 2022 | quarterly | Mar 2002 - Sep 2022 |
| Gross External Debt: OS: NF: Public Corp (USD mn) | 94,691.200 Dec 2018 | quarterly | Mar 2002 - Dec 2018 |
| Gross External Debt: OS: NF: Private (USD mn) | 119,088.500 Dec 2018 | quarterly | Mar 2002 - Dec 2018 |
| FDI: Financial & Insurance Services (USD th) | 59,096.405 Sep 2022 | quarterly | Mar 1999 - Sep 2022 |
| FDI: Transport & Storage (USD th) | -181,559.282 Sep 2022 | quarterly | Mar 1999 - Sep 2022 |
| FDI: Commerce (USD th) | 117,613.606 Sep 2022 | quarterly | Mar 1999 - Sep 2022 |
| FDI: Manufacturing (USD th) | 1,819,436.087 Sep 2022 | quarterly | Mar 1999 - Sep 2022 |
| 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 |
| FDI: United States (USD th) | 866,026.134 Sep 2022 | quarterly | Mar 1999 - Sep 2022 |
| FDI: Spain (USD th) | 388,026.701 Sep 2022 | quarterly | Mar 1999 - Sep 2022 |
| FDI: Canada (USD th) | 183,383.469 Sep 2022 | quarterly | Mar 1999 - Sep 2022 |
| FDI: Japan (USD th) | 526,842.257 Sep 2022 | quarterly | Mar 1999 - Sep 2022 |
| FDI: Germany (USD th) | 203,187.186 Sep 2022 | quarterly | Mar 1999 - Sep 2022 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 2.0 Dec 2022 | quarterly | Dec 1994 - Dec 2022 |
| Household Debt: % of GDP (%) | 16.6 Sep 2022 | quarterly | Dec 2000 - Sep 2022 |
| Non-Performing Loans (USD mn) | 6,343.266 Dec 2022 | monthly | Jan 1997 - Dec 2022 |
| Money Supply M1 (USD mn) | 355,630.319 Dec 2022 | monthly | Dec 1985 - Dec 2022 |
| Money Supply M2 (USD mn) | 642,270.565 Dec 2022 | monthly | Dec 1985 - Dec 2022 |
| M2 Growth (%) | 9.7 Dec 2022 | monthly | Dec 1986 - Dec 2022 |
| Foreign Exchange Reserves (USD mn) | 174,699.2 Dec 2022 | monthly | Jan 2000 - Dec 2022 |
| Foreign Exchange Reserves: % of GDP (%) | 12.990 Sep 2022 | quarterly | Mar 2000 - Sep 2022 |
| Foreign Exchange Reserves: Months of Import (NA) | 3.6 Dec 2022 | monthly | Jan 2000 - Dec 2022 |
| Gold Reserves (USD mn) | 6,999.162 Dec 2022 | monthly | Dec 1956 - Dec 2022 |
| Total Deposits (USD mn) | 392,104.791 Dec 2022 | monthly | Jan 1998 - Dec 2022 |
| Total Deposits Growth (%) | 9.7 Dec 2022 | monthly | Jan 1999 - Dec 2022 |
| Domestic Credit (USD mn) | 624,954.5 Nov 2022 | monthly | Dec 2001 - Nov 2022 |
| Domestic Credit Growth (%) | 12.9 Nov 2022 | monthly | Dec 2002 - Nov 2022 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 4.700 Jun 2022 | quarterly | Mar 1999 - Jun 2022 |
| Credit to Households (USD bn) | 222.648 Jun 2022 | quarterly | Dec 1994 - Jun 2022 |
| Credit to Private Non-Financial Sector (USD bn) | 550.648 Jun 2022 | quarterly | Dec 1980 - Jun 2022 |
| Household Debt (USD mn) | 229,275.8 Sep 2022 | quarterly | Dec 2000 - Sep 2022 |
| Total Loans (USD mn) | 372,284.401 Dec 2022 | monthly | Dec 2000 - Dec 2022 |
| Total Loans Growth (%) | 11.31 Dec 2022 | monthly | Dec 2001 - Dec 2022 |
| Private Debt: % of Nominal GDP (%) | 19.72 Sep 2022 | quarterly | Mar 2004 - Sep 2022 |
| Official Reserve Assets (ORA) (USD mn) | 201,143.324 Dec 2022 | monthly | Jan 2000 - Dec 2022 |
| ORA: Foreign Currency Reserves in Convertible (FCR) (USD mn) | 178,220.019 Dec 2022 | monthly | Jan 2000 - Dec 2022 |
| 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) | -2.2 Jan 2023 | monthly | Jan 2005 - Jan 2023 |
| 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 |
| Business Confidence Index: sa (Point) | 49.793 Jan 2023 | monthly | Jan 2004 - Jan 2023 |
More Indicators for Mexico
Check out our pricing options.
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
View pricing optionsCEIC Flex
from $49
Entry level access to the CEIC platform for individual users. Download limits apply. Payable monthly by credit card.
CEIC Unlimited
Request a Demo
Full and unlimited access to CEIC data for multiple users. Suitable for enterprise usage. Available via annual subscription to one or more of CEIC’s global and premium databases.
Government and Public Finance
Federal Government and Social Security Operations: Year to Date
Federal Government: Domestic Debt: Annual
Federal Government Operation: Year to Date
Government Revenue, Expenditure and Finance
IMF Account: Fund Position: Annual
Public Corporations Operation: Year to Date
Public Finance: Financial Position: Year to Date
Public Finance: Public Sector Balance: Year to Date
Defense and Official Development Assistance
Federal Government: Domestic Debt
Federal Government: Domestic Debt: Quarterly
Government Finance: Cash Flow Statement: Annual
IMF Account: Fund Position
IMF Account: Fund Position: Quarterly
Public Finance: Budgetary Revenues: Year to Date
Public Finance: Programmable Expenditure: Year to Date