Mexico Total Debt: % of GDP

2000 - 2024 | Quarterly | % | CEIC Data

Key information about Mexico Total Debt: % of GDP

  • Mexico Total Debt accounted for 110.9 % of the country's GDP in 2024, compared with the ratio of 109.3 % in the previous quarter.
  • Mexico Total Debt: % of GDP data is updated quarterly, available from Dec 2000 to Dec 2024.
  • The data reached an all-time high of 121.2 % in Mar 2021 and a record low of 55.7 % in Jun 2001.

CEIC calculates quarterly Total Debt as % of Nominal GDP from quarterly Total Debt and quarterly de-annualized Nominal GDP. The Bank of Mexico provides Total Debt in local currency. National Institute of Statistics and Geography provides Nominal GDP in local currency.

View Mexico's Total Debt: % of GDP from Dec 2000 to Dec 2024 in the chart:

Mexico Total Debt: % of GDP

What was Mexico's Total Debt: % of GDP in Dec 2024?

Mexico Total Debt accounted for 110.9 % of the country's GDP in 2024, compared with the ratio of 109.3 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
110.9 Dec 2024 109.3 Sep 2024 55.7 Jun 2001 121.2 Mar 2021 % quarterly Dec 2000 - Dec 2024

Total Debt: % of GDP by Country Comparison

country/region Last Frequency Range
Australia (%) 263.7 Sep 2024 quarterly Jun 1988 - Sep 2024
Austria (%) 539.1 Sep 2024 quarterly Mar 1999 - Sep 2024
Belgium (%) 693.1 Sep 2024 quarterly Dec 1998 - Sep 2024
Bulgaria (%) 352.7 2023 yearly 1995 - 2023
Canada (%) 946.4 Dec 2024 quarterly Mar 1990 - Dec 2024
Croatia (%) 430.3 Sep 2024 quarterly Mar 2012 - Sep 2024
Cyprus (%) 1,391.2 2023 yearly 1995 - 2023
Czech Republic (%) 389.9 Sep 2024 quarterly Mar 2008 - Sep 2024
Denmark (%) 833.8 2023 yearly 1994 - 2023
Estonia (%) 370.3 Sep 2024 quarterly Dec 2003 - Sep 2024
European Union (%) 719.1 2022 yearly 2001 - 2022
Finland (%) 648.6 2023 yearly 1995 - 2023
France (%) 941.1 Sep 2024 quarterly Mar 1996 - Sep 2024
Germany (%) 604.7 Sep 2024 quarterly Mar 1999 - Sep 2024
Greece (%) 534.0 Sep 2024 quarterly Dec 1997 - Sep 2024
Hungary (%) 430.5 Sep 2024 quarterly Dec 1995 - Sep 2024
Iceland (%) 692.4 2022 yearly 2003 - 2022
Ireland (%) 963.7 Sep 2024 quarterly Mar 2002 - Sep 2024
Italy (%) 556.8 Sep 2024 quarterly Dec 1995 - Sep 2024
Japan (%) 1,279.3 Dec 2024 quarterly Jun 1998 - Dec 2024
South Korea (%) 703.3 Sep 2024 quarterly Dec 2008 - Sep 2024
Latvia (%) 340.2 Sep 2024 quarterly Mar 2004 - Sep 2024
Lithuania (%) 305.6 Sep 2024 quarterly Dec 1995 - Sep 2024
Luxembourg (%) 7,257.0 Sep 2024 quarterly Dec 1995 - Sep 2024
North Macedonia (%) 335.8 2023 yearly 2013 - 2023
Malta (%) 1,377.4 Sep 2024 quarterly Mar 2004 - Sep 2024
Mexico (%) 110.9 Dec 2024 quarterly Dec 2000 - Dec 2024
Netherlands (%) 973.5 Sep 2024 quarterly Mar 1999 - Sep 2024
New Zealand (%) 594.1 2022 yearly 2006 - 2022
Norway (%) 610.1 Dec 2024 quarterly Dec 1995 - Dec 2024
Poland (%) 290.4 Sep 2024 quarterly Mar 2004 - Sep 2024
Portugal (%) 463.3 Sep 2024 quarterly Dec 1995 - Sep 2024
Romania (%) 238.3 Sep 2024 quarterly Mar 2007 - Sep 2024
Slovakia (%) 373.4 Sep 2024 quarterly Dec 2012 - Sep 2024
Slovenia (%) 323.6 Sep 2024 quarterly Mar 2004 - Sep 2024
Spain (%) 567.9 Jun 2024 quarterly Dec 1995 - Jun 2024
Sweden (%) 774.3 Sep 2024 quarterly Mar 1996 - Sep 2024
Switzerland (%) 934.5 2023 yearly 1999 - 2023
Taiwan (%) 889.1 2023 yearly 2000 - 2023
Turkey (%) 253.0 Sep 2024 quarterly Dec 2014 - Sep 2024
Ukraine (%) 235.5 2021 yearly 2009 - 2021
United Kingdom (%) 872.5 Sep 2024 quarterly Mar 1987 - Sep 2024
United States (%) 722.0 Sep 2024 quarterly Dec 1951 - Sep 2024

Mexico Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.2 Sep 2024 quarterly Dec 1980 - Sep 2024
Consolidated Fiscal Balance (USD mn) -945.559 Jan 2025 monthly Jan 1977 - Jan 2025
Tax Revenue (USD mn) 25,194.708 Jan 2025 monthly Jan 1977 - Jan 2025
Tax Revenue: % of GDP (%) 13.6 Sep 2024 quarterly Mar 1993 - Sep 2024
National Government Debt (USD mn) 896,296.4 Jan 2025 monthly Dec 2005 - Jan 2025
Government Debt: % of GDP (%) 47.7 Sep 2024 quarterly Dec 2005 - Sep 2024
Forecast: Government Expenditure (MXN bn) 11,652.146 2029 yearly 1990 - 2029
Forecast: Government Net Debt (MXN bn) 26,401.275 2029 yearly 1996 - 2029
Forecast: Government Revenue (MXN bn) 10,439.952 2029 yearly 1990 - 2029
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
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.085 2028 yearly 1980 - 2028
Trade Balance (USD mn) -423.4 Jan 2025 monthly Jan 1993 - Jan 2025
Total Exports (USD mn) 51,865.9 Jan 2025 monthly Jan 1993 - Jan 2025
Total Exports Growth (%) 5.9 Jan 2025 monthly Jan 1994 - Jan 2025
Aluminum: Exports (USD th) 573,653.597 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 1,595,820.629 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 275,215.547 2023 yearly 1995 - 2023
Total Imports (USD mn) 52,289.3 Jan 2025 monthly Jan 1993 - Jan 2025
Total Imports Growth (%) 6.5 Jan 2025 monthly Jan 1994 - Jan 2025
Imports: Medicament (USD th) 4,655,434.651 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 2,838,971.892 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 36,924.388 Jan 2025 monthly Jan 1980 - Jan 2025
Total Imports from USA (USD mn) 19,280.459 Jan 2025 monthly Jan 1980 - Jan 2025
Total Exports to China (USD mn) 785.668 Jan 2025 monthly Jan 1993 - Jan 2025
Total Imports from China (USD mn) 10,418.764 Dec 2024 monthly Jan 1993 - Dec 2024
Exports: Nuclear Reactors, Boilers, Machinery & Mechanical Appliance (USD mn) 6,149.619 Feb 2019 monthly Jan 1993 - Feb 2019
Exports: Mineral Fuels, Mineral Oils & Products of Distillation (USD mn) 2,491.189 Feb 2019 monthly Jan 1993 - Feb 2019
Exports: Nuclear: Machinery for Treatment of Material (USD mn) 103.134 Feb 2019 monthly Jan 1993 - Feb 2019
Exports: Electrical Machinery and Equipment (EM) (USD mn) 6,022.477 Feb 2019 monthly Jan 1993 - Feb 2019
Exports: Optical, Measuring,Checking, Precision,Instrument (Optical) (USD mn) 1,551.944 Feb 2019 monthly Jan 1993 - Feb 2019
Imports: Mineral Fuels,Mineral Oils & Products of Their Distillation (USD mn) 3,024.751 Feb 2019 monthly Jan 1993 - Feb 2019
Imports: Plastics and Article (Plastics) (USD mn) 1,925.806 Feb 2019 monthly Jan 1993 - Feb 2019
Imports: Nuclear Reactors, Boilers, Machinery & Mechanical Appliance (USD mn) 5,777.566 Feb 2019 monthly Jan 1993 - Feb 2019
Imports: Electrical Machinery and Equipment and Parts (EME) (USD mn) 7,329.957 Feb 2019 monthly Jan 1993 - Feb 2019
Imports: Nuclear: Parts & Accessories for Typewriters & Office (USD mn) 655.973 Feb 2019 monthly Jan 1993 - Feb 2019
Imports: Nuclear: Automatic Data Processing Machines and Units (USD mn) 685.386 Feb 2019 monthly Jan 1993 - Feb 2019
Exports: Vehicles: Parts&Accessories for Tractors, Public-transports (USD mn) 2,687.826 Jan 2025 monthly Jan 1993 - Jan 2025
Exports: Vehicles, excl Railway or Tramway Rolling Stock (Vehicles) (USD mn) 9,412.539 Feb 2019 monthly Jan 1993 - Feb 2019
Exports: Vehicles: Tractor (USD mn) 786.691 Feb 2019 monthly Jan 1993 - Feb 2019
Exports: Vehicles: Motor Vehicle for the Transport of Goods (USD mn) 1,620.935 Feb 2019 monthly Jan 1993 - Feb 2019
Imports: Vehicles: Motor Cars & Other Vehicles for Transport Persons (USD mn) 1,112.994 Jan 2025 monthly Jan 1993 - Jan 2025
Imports: Vehicles: Parts & Accessories for Tractors,Public-transport (USD mn) 2,552.477 Jan 2025 monthly Jan 1993 - Jan 2025
Imports: Vehicles: Motor Vehicle for the Transport of Goods (USD mn) 166.330 Feb 2019 monthly Jan 1993 - Feb 2019
Imports: Vehicles, excl Railway or Tramway Rolling Stock (Vehicles) (USD mn) 3,397.838 Feb 2019 monthly Jan 1993 - Feb 2019
Daily Exports: Volume: Crude Oil (Barrel th) 1,475.301 Feb 2019 monthly Jan 1990 - Feb 2019
Exports: Diodes, Transistors & Similar Devices, Semiconductor Devices (USD mn) 40.280 Feb 2019 monthly Jan 1993 - Feb 2019
Exports: Electronic Integrated Circuits & Microassemblies (USD mn) 130.078 Feb 2019 monthly Jan 1993 - Feb 2019
Imports: EME: Electronic Integrated Circuits & Microassemblies (USD mn) 2,211.913 Jan 2025 monthly Jan 1993 - Jan 2025
Imports: Diodes, Transistors & Similar Devices, Semiconductor Devices (USD mn) 242.596 Feb 2019 monthly Jan 1993 - Feb 2019
Exports: IS: Others (USD mn) 31.339 Feb 2019 monthly Jan 1993 - Feb 2019
Exports: IS: Semi finished Products of Iron or Non-alloy Steel (USD mn) 43.270 Feb 2019 monthly Jan 1993 - Feb 2019
Exports: IS: Flat-rolled Iron 600mm or more Wide, Clad (USD mn) 27.204 Feb 2019 monthly Jan 1993 - Feb 2019
Exports: Iron & Steel (IS) (USD mn) 227.470 Feb 2019 monthly Jan 1993 - Feb 2019
Imports: IS: Flat-rolled Iron 600mm or > Wide, Hot-rolled, not Clad (USD mn) 113.645 Feb 2019 monthly Jan 1993 - Feb 2019
Imports: IS: Flat-rolled Iron 600mm or more Wide, Clad (USD mn) 122.019 Feb 2019 monthly Jan 1993 - Feb 2019
Imports: Iron & Steel (IS) (USD mn) 929.948 Feb 2019 monthly Jan 1993 - Feb 2019
Imports: IS: Flat-rolled Alloy Steel Products, 600mm or more Wide (USD mn) 154.733 Feb 2019 monthly Jan 1993 - Feb 2019
Export Value: HS: Gold, Unwrought or in Semimanufactured or Powder Form (USD mn) 348.552 Feb 2019 monthly Jan 1993 - Feb 2019
Export Value: HS: Aluminum and Articles (Aluminum) (USD mn) 114.910 Feb 2019 monthly Jan 1993 - Feb 2019
Export Value: HS: Copper and Articles (Copper) (USD mn) 216.386 Feb 2019 monthly Jan 1993 - Feb 2019
Import Value: HS: Base Metal, Cermets, Articles (BMC) (USD mn) 30.263 Feb 2019 monthly Jan 1993 - Feb 2019
Import Value: HS: Aluminum and Articles (Aluminum) (USD mn) 539.309 Feb 2019 monthly Jan 1993 - Feb 2019
Import Value: HS: Copper and Articles (Copper) (USD mn) 267.195 Feb 2019 monthly Jan 1993 - Feb 2019
Export Value Index (2015=100) 130.013 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 2,310.5 Dec 2024 quarterly Mar 2002 - Dec 2024
Current Account Balance (USD mn) -14,282.0 Mar 2023 quarterly Mar 1980 - Mar 2023
Current Account Balance: % of GDP (%) 2.9 Dec 2024 quarterly Mar 1993 - Dec 2024
Foreign Direct Investment (USD mn) 1,791.1 Dec 2024 quarterly Mar 1980 - Dec 2024
Foreign Direct Investment: % of GDP (%) 0.4 Dec 2024 quarterly Mar 1993 - Dec 2024
Foreign Portfolio Investment (USD mn) -193.488 Dec 2024 quarterly Mar 1980 - Dec 2024
Foreign Portfolio Investment: % of GDP (%) -0.0 Dec 2024 quarterly Mar 1993 - Dec 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -1,108.2 Dec 2024 quarterly Mar 2002 - Dec 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 914.758 Dec 2024 quarterly Mar 2002 - Dec 2024
External Debt (USD mn) 447,827.9 Dec 2021 quarterly Mar 2002 - Dec 2021
External Debt: % of GDP (%) 33.0 2023 yearly 2002 - 2023
External Debt: Short Term (USD mn) 56,316.4 Sep 2024 quarterly Mar 2002 - Sep 2024
External Debt: Short Term: % of GDP (%) 3.3 2023 yearly 2002 - 2023
Total Debt: % of GDP (%) 110.9 Dec 2024 quarterly Dec 2000 - Dec 2024
Forecast: Current Account Balance (USD bn) -20.878 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) -636,394.740 Sep 2024 quarterly Mar 2009 - Sep 2024
Domestic Public Debt: Long Term (MXN mn) 12,940,890.500 Jan 2025 monthly Dec 2005 - Jan 2025
Domestic Public Debt: Short Term (MXN mn) 797,206.100 Jan 2025 monthly Dec 2005 - Jan 2025
BoP: Current Account (CA) (USD mn) 12,600.704 Dec 2024 quarterly Mar 2002 - Dec 2024
BoP: Capital Account (USD mn) -13.136 Dec 2024 quarterly Mar 2002 - Dec 2024
BoP: Capital Account: Credit (USD mn) 28.622 Dec 2024 quarterly Mar 2002 - Dec 2024
BoP: FA: Direct Investment (DI) (USD mn) 519.344 Dec 2024 quarterly Mar 2002 - Dec 2024
BoP: FA: Other Investment (USD mn) 7,580.009 Dec 2024 quarterly Mar 2002 - Dec 2024
BoP: FA: Portfolio Investment (PI) (USD mn) 6,497.820 Dec 2024 quarterly Mar 2002 - Dec 2024
BoP: FA: Financial Derivatives (USD mn) -1,918.565 Dec 2024 quarterly Mar 2002 - Dec 2024
BoP: Capital Account: Debit (USD mn) 41.758 Dec 2024 quarterly Mar 2002 - Dec 2024
BoP: Financial Account (FA) (USD mn) 15,086.274 Dec 2024 quarterly Mar 2002 - Dec 2024
BoP: FA: Reserve Assets (USD mn) 2,407.666 Dec 2024 quarterly Mar 2002 - Dec 2024
BoP: Errors and Omissions (USD mn) 2,498.706 Dec 2024 quarterly Mar 2002 - Dec 2024
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 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 (%) 1.9 Dec 2024 quarterly Dec 1994 - Dec 2024
Household Debt: % of GDP (%) 16.7 Dec 2024 quarterly Dec 2000 - Dec 2024
Non-Performing Loans (USD mn) 7,196.634 Jan 2025 monthly Jan 1997 - Jan 2025
Money Supply M1 (USD mn) 391,273.522 Jan 2025 monthly Dec 1985 - Jan 2025
Money Supply M2 (USD mn) 707,141.239 May 2023 monthly Dec 1985 - May 2023
M2 Growth (%) 12.1 Jan 2025 monthly Dec 1986 - Jan 2025
Foreign Exchange Reserves (USD mn) 211,268.8 Jan 2025 monthly Jan 2000 - Jan 2025
Foreign Exchange Reserves: % of GDP (%) 10.951 Dec 2024 quarterly Mar 2000 - Dec 2024
Foreign Exchange Reserves: Months of Import (NA) 4.3 Jan 2025 monthly Jan 2000 - Jan 2025
Gold Reserves (USD mn) 10,874.008 Jan 2025 monthly Dec 1956 - Jan 2025
Total Deposits (USD mn) 444,009.307 Jan 2025 monthly Jan 1998 - Jan 2025
Total Deposits Growth (%) 8.7 Jan 2025 monthly Jan 1999 - Jan 2025
Domestic Credit (USD mn) 732,399.3 Dec 2024 monthly Dec 2001 - Dec 2024
Domestic Credit Growth (%) 14.8 Dec 2024 monthly Dec 2002 - Dec 2024
Debt Service Ratio: Private Non-Financial Sector (%) 5.700 Sep 2024 quarterly Mar 1999 - Sep 2024
Credit to Households (USD bn) 281.557 Sep 2024 quarterly Dec 1994 - Sep 2024
Credit to Private Non-Financial Sector (USD bn) 651.261 Sep 2024 quarterly Dec 1980 - Sep 2024
Household Debt (USD mn) 271,770.7 Dec 2024 quarterly Dec 2000 - Dec 2024
Total Loans (USD mn) 433,180.930 Jan 2025 monthly Dec 2000 - Jan 2025
Total Loans Growth (%) 13.00 Jan 2025 monthly Dec 2001 - Jan 2025
Private Debt: % of Nominal GDP (%) 20.72 Dec 2024 quarterly Mar 2004 - Dec 2024
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) -7.8 Feb 2025 monthly Jan 2005 - Feb 2025
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
Composite Coincident Index: sa: 2018=100 (2018=100) 99.300 Dec 2024 monthly Jan 1980 - Dec 2024
Composite Leading Index: sa: 2018=100 (2018=100) 105.200 Dec 2024 monthly Jan 1980 - Dec 2024

More Indicators for Mexico

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