Mexico Domestic Credit Growth
Key information about Mexico Domestic Credit Growth
- Mexico Domestic Credit increased 8.2 % YoY in Jan 2024, compared with an increase of 7.6 % YoY in the previous month
- Mexico Domestic Credit Growth YoY data is updated monthly
- It averaged 8.4 %, available from Dec 2002 to Jan 2024
- The data reached an all-time high of 20.1 % in Jun 2016 and a record low of -4.7 % in Jun 2021
CEIC calculates Domestic Credit Growth from monthly Domestic Credit. The International Monetary Fund provides Domestic Credit in local currency.
Further information about Mexico Domestic Credit Growth
- In the latest reports, Mexico Domestic Credit reached 771.5 USD bn in Jan 2024
- Money Supply M2 in Mexico increased to 707.1 USD bn YoY in May 2023
- Mexico Foreign Exchange Reserves was measured at 194.6 USD bn in Jan 2024
- The Foreign Exchange Reserves equaled 4.2 Months of Import in Jan 2024
- The country's Non Performing Loans Ratio stood at 2.0 % in Dec 2023, compared with the ratio of 2.1 % in the previous quarter
- Household Debt of Mexico reached 16.3 % in Dec 2023, accounting for 16.3 % of the country's Nominal GDP
View Mexico's Domestic Credit Growth from Dec 2002 to Jan 2024 in the chart:
What was Mexico's Domestic Credit Growth in Jan 2024?
Mexico Domestic Credit increased 8.2 % YoY in Jan 2024, compared with an increase of 7.6 % YoY in the previous month See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
8.2 Jan 2024 | 7.6 Dec 2023 | -4.7 Jun 2021 | 20.1 Jun 2016 | % | monthly | Dec 2002 - Jan 2024 |
Domestic Credit Growth by Country Comparison
Buy Selected Data
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 2.3 Feb 2024 | monthly | Dec 2003 - Feb 2024 |
Algeria (%) | 5.9 Jan 2024 | monthly | Dec 2002 - Jan 2024 |
Argentina (%) | 342.6 Jan 2024 | monthly | Jan 1991 - Jan 2024 |
Armenia (%) | 16.7 Jan 2024 | monthly | Dec 1994 - Jan 2024 |
Australia (%) | -2.2 Jan 2024 | monthly | Dec 2002 - Jan 2024 |
Austria (%) | -1.2 Jan 2024 | monthly | Jan 2000 - Jan 2024 |
Azerbaijan (%) | 2.5 Jan 2024 | monthly | Dec 2002 - Jan 2024 |
Bahrain (%) | 4.8 Jan 2024 | monthly | Sep 1992 - Jan 2024 |
Bangladesh (%) | 12.1 Feb 2024 | monthly | Jul 1988 - Feb 2024 |
Belarus (%) | 17.3 Feb 2024 | monthly | Dec 2007 - Feb 2024 |
Belgium (%) | 0.8 Jan 2024 | monthly | Jan 2000 - Jan 2024 |
Bolivia (%) | 6.3 Oct 2023 | monthly | Dec 2002 - Oct 2023 |
Bosnia and Herzegovina (%) | 10.1 Feb 2024 | monthly | Aug 1998 - Feb 2024 |
Botswana (%) | 8.6 Sep 2023 | quarterly | Dec 2005 - Sep 2023 |
Brazil (%) | 14.6 Feb 2024 | monthly | Dec 2002 - Feb 2024 |
Brunei (%) | 34.6 Nov 2023 | monthly | Jan 2000 - Nov 2023 |
Bulgaria (%) | 18.1 Jan 2024 | monthly | Dec 1994 - Jan 2024 |
Cambodia (%) | 4.9 Feb 2024 | monthly | Dec 1995 - Feb 2024 |
Canada (%) | 2.5 Jan 2024 | monthly | Jan 1970 - Jan 2024 |
Chile (%) | 4.4 Jan 2024 | monthly | Dec 1979 - Jan 2024 |
China (%) | 10.4 Jan 2024 | monthly | Jun 2000 - Jan 2024 |
Colombia (%) | 5.4 Jan 2024 | monthly | Jan 1994 - Jan 2024 |
Croatia (%) | 5.9 Dec 2022 | monthly | Jun 1995 - Dec 2022 |
Cyprus (%) | -6.1 Jan 2024 | monthly | Nov 2006 - Jan 2024 |
Czech Republic (%) | 10.9 Feb 2024 | monthly | Jan 2003 - Feb 2024 |
Denmark (%) | -3.6 Jan 2024 | monthly | Dec 2002 - Jan 2024 |
Ecuador (%) | 9.4 Feb 2024 | monthly | Jan 2007 - Feb 2024 |
Egypt (%) | 26.3 Feb 2024 | monthly | Jan 1997 - Feb 2024 |
Estonia (%) | 8.9 Jan 2024 | monthly | Jun 1993 - Jan 2024 |
European Union (%) | -0.9 Jan 2024 | monthly | Sep 1998 - Jan 2024 |
Finland (%) | -3.8 Jan 2024 | monthly | Jan 2000 - Jan 2024 |
France (%) | 1.6 Jan 2024 | monthly | Jan 2000 - Jan 2024 |
Georgia (%) | 16.9 Feb 2024 | monthly | Oct 1996 - Feb 2024 |
Germany (%) | -1.3 Jan 2024 | monthly | Jan 2000 - Jan 2024 |
Ghana (%) | -0.4 Dec 2023 | monthly | Jan 1968 - Dec 2023 |
Greece (%) | 2.6 Jan 2024 | monthly | Jan 2002 - Jan 2024 |
Hong Kong SAR, China (%) | -0.3 Nov 2023 | monthly | Dec 1991 - Nov 2023 |
Hungary (%) | -2.1 Feb 2024 | monthly | Jan 1999 - Feb 2024 |
Iceland (%) | 3.6 Feb 2024 | monthly | Sep 1994 - Feb 2024 |
India (%) | 12.0 Jan 2024 | monthly | Mar 2000 - Jan 2024 |
Indonesia (%) | 8.4 Feb 2024 | monthly | Jan 2005 - Feb 2024 |
Iran (%) | 25.8 Feb 2017 | monthly | Jan 1965 - Feb 2017 |
Ireland (%) | -1.8 Jan 2024 | monthly | Jan 2000 - Jan 2024 |
Israel (%) | 5.4 Jan 2024 | monthly | Dec 2000 - Jan 2024 |
Italy (%) | -4.3 Jan 2024 | monthly | Jan 2000 - Jan 2024 |
Ivory Coast (%) | 12.5 Dec 2023 | monthly | Jan 1965 - Dec 2023 |
Japan (%) | 3.3 Jan 2024 | monthly | Apr 2004 - Jan 2024 |
Jordan (%) | 4.8 Nov 2023 | monthly | Jan 2003 - Nov 2023 |
Kazakhstan (%) | 23.1 Feb 2024 | monthly | Dec 2002 - Feb 2024 |
Kenya (%) | 13.5 Oct 2023 | monthly | Dec 1996 - Oct 2023 |
South Korea (%) | 4.9 Feb 2024 | monthly | Dec 2002 - Feb 2024 |
Kosovo (%) | 12.9 Feb 2024 | monthly | Nov 2008 - Feb 2024 |
Kuwait (%) | 0.2 Jan 2024 | monthly | Jan 1995 - Jan 2024 |
Kyrgyzstan (%) | 26.2 Jan 2024 | monthly | Dec 2003 - Jan 2024 |
Laos (%) | 23.4 Dec 2023 | quarterly | Dec 1992 - Dec 2023 |
Latvia (%) | 6.6 Jan 2024 | monthly | Jul 2004 - Jan 2024 |
Lebanon (%) | 2.2 Jan 2018 | monthly | Mar 1966 - Jan 2018 |
Lithuania (%) | 0.3 Jan 2024 | monthly | Dec 1994 - Jan 2024 |
Luxembourg (%) | -7.2 Jan 2024 | monthly | Jan 2000 - Jan 2024 |
Macau SAR, China (%) | 0.8 Feb 2024 | monthly | Jun 1985 - Feb 2024 |
North Macedonia (%) | 5.7 Feb 2024 | monthly | Jan 2004 - Feb 2024 |
Malawi (%) | 32.4 Jan 2024 | monthly | Jan 1976 - Jan 2024 |
Malaysia (%) | 6.8 Feb 2024 | monthly | Jan 1988 - Feb 2024 |
Malta (%) | 5.9 Feb 2024 | monthly | Jan 2009 - Feb 2024 |
Mauritius (%) | 9.3 Feb 2024 | monthly | Jun 2006 - Feb 2024 |
Mexico (%) | 8.2 Jan 2024 | monthly | Dec 2002 - Jan 2024 |
Moldova (%) | 8.1 Feb 2024 | monthly | Jan 2001 - Feb 2024 |
Mongolia (%) | 12.1 Feb 2024 | monthly | Dec 1993 - Feb 2024 |
Montenegro (%) | 7.7 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
Morocco (%) | 3.5 Feb 2024 | monthly | Dec 2002 - Feb 2024 |
Mozambique (%) | 5.0 Jan 2024 | monthly | Dec 2002 - Jan 2024 |
Myanmar (%) | 16.4 Jan 2021 | monthly | Dec 2002 - Jan 2021 |
Nepal (%) | 8.4 Mar 2024 | monthly | Jan 2002 - Mar 2024 |
Netherlands (%) | -3.2 Jan 2024 | monthly | Dec 2002 - Jan 2024 |
New Zealand (%) | 0.8 Feb 2024 | monthly | Mar 1989 - Feb 2024 |
Nigeria (%) | 63.6 Feb 2024 | monthly | Nov 1993 - Feb 2024 |
Norway (%) | 3.5 Feb 2024 | monthly | Dec 1986 - Feb 2024 |
Oman (%) | 2.9 Jan 2024 | monthly | Dec 2000 - Jan 2024 |
Pakistan (%) | 20.4 Feb 2024 | monthly | Jun 2009 - Feb 2024 |
Palestinian Territory (%) | 8.3 Feb 2024 | monthly | Dec 1999 - Feb 2024 |
Panama (%) | 4.7 Feb 2024 | monthly | Dec 2002 - Feb 2024 |
Paraguay (%) | 8.4 Feb 2024 | monthly | Dec 2002 - Feb 2024 |
Peru (%) | 8.4 Nov 2023 | monthly | Jan 1993 - Nov 2023 |
Philippines (%) | 9.8 Jan 2024 | monthly | Dec 2002 - Jan 2024 |
Poland (%) | 3.1 Feb 2024 | monthly | Dec 1997 - Feb 2024 |
Portugal (%) | 0.3 Aug 2019 | monthly | Dec 2001 - Aug 2019 |
Qatar (%) | 3.7 Feb 2024 | monthly | Jan 2008 - Feb 2024 |
Romania (%) | 11.5 Feb 2024 | monthly | Dec 2005 - Feb 2024 |
Russia (%) | 24.6 Feb 2024 | monthly | Dec 2001 - Feb 2024 |
Saudi Arabia (%) | 21.6 Dec 2017 | quarterly | Mar 1969 - Dec 2017 |
Serbia (%) | -3.0 Feb 2024 | monthly | Dec 2004 - Feb 2024 |
Singapore (%) | -1.1 Feb 2024 | monthly | Mar 2005 - Feb 2024 |
Slovakia (%) | 2.3 Jan 2024 | monthly | Jan 2007 - Jan 2024 |
Slovenia (%) | -2.2 Jan 2024 | monthly | Jan 2005 - Jan 2024 |
South Africa (%) | 6.3 Feb 2024 | monthly | Mar 1966 - Feb 2024 |
Spain (%) | -4.2 Jan 2024 | monthly | Jan 2000 - Jan 2024 |
Sri Lanka (%) | -97.5 Dec 2023 | monthly | Jan 1997 - Dec 2023 |
Sudan (%) | 82.5 Dec 2022 | quarterly | Mar 2003 - Dec 2022 |
Sweden (%) | -4.5 Jan 2024 | monthly | Dec 2002 - Jan 2024 |
Switzerland (%) | 1.7 Feb 2024 | monthly | Dec 1988 - Feb 2024 |
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Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -3.3 Dec 2023 | quarterly | Dec 1980 - Dec 2023 |
Consolidated Fiscal Balance (USD mn) | -15,389.501 Feb 2024 | monthly | Jan 1977 - Feb 2024 |
Tax Revenue (USD mn) | 21,310.743 Feb 2024 | monthly | Jan 1977 - Feb 2024 |
Tax Revenue: % of GDP (%) | 14.0 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
National Government Debt (USD mn) | 926,584.2 Feb 2024 | monthly | Dec 2005 - Feb 2024 |
Government Debt: % of GDP (%) | 49.7 Dec 2023 | quarterly | Dec 2005 - Dec 2023 |
Forecast: Government Expenditure (MXN bn) | 10,932.970 2028 | yearly | 1990 - 2028 |
Forecast: Government Net Debt (MXN bn) | 23,716.740 2028 | yearly | 1996 - 2028 |
Forecast: Government Revenue (MXN bn) | 9,809.150 2028 | yearly | 1990 - 2028 |
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) | -805.9 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
Current Account Balance (USD mn) | -14,282.0 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
Current Account Balance: % of GDP (%) | 2.5 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
Foreign Direct Investment (USD mn) | -1,169.4 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
Foreign Direct Investment: % of GDP (%) | -0.2 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
Foreign Portfolio Investment (USD mn) | 2,288.281 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
Foreign Portfolio Investment: % of GDP (%) | 0.5 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
Foreign Portfolio Investment: Equity Securities (USD mn) | -1,359.1 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
Foreign Portfolio Investment: Debt Securities (USD mn) | 3,647.404 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
External Debt (USD mn) | 447,827.9 Dec 2021 | quarterly | Mar 2002 - Dec 2021 |
External Debt: % of GDP (%) | 33.3 2023 | yearly | 2002 - 2023 |
External Debt: Short Term (USD mn) | 60,566.1 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
External Debt: Short Term: % of GDP (%) | 3.4 2023 | yearly | 2002 - 2023 |
Total Debt: % of GDP (%) | 104.1 Dec 2023 | quarterly | Dec 2000 - Dec 2023 |
Forecast: Current Account Balance (USD bn) | -21.752 2028 | yearly | 1980 - 2028 |
Net International Investment Position (USD mn) | -725,047.750 Dec 2023 | quarterly | Mar 2009 - Dec 2023 |
Domestic Public Debt: Long Term (MXN mn) | 11,271,303.700 Feb 2024 | monthly | Dec 2005 - Feb 2024 |
BoP: FA: Direct Investment (DI) (USD mn) | 363.516 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
BoP: FA: Other Investment (USD mn) | 5,695.016 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
BoP: FA: Financial Derivatives (USD mn) | 2,291.179 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
BoP: Capital Account: Debit (USD mn) | 60.581 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
BoP: FA: Portfolio Investment (PI) (USD mn) | 1,153.864 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
BoP: Capital Account (USD mn) | -11.859 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
BoP: FA: Reserve Assets (USD mn) | 532.481 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
BoP: Capital Account: Credit (USD mn) | 48.721 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
BoP: Errors and Omissions (USD mn) | -1,613.733 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
BoP: Financial Account (FA) (USD mn) | 10,036.056 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
BoP: Current Account (CA) (USD mn) | 11,661.649 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
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: Manufacturing (USD th) | -542,563.854 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
FDI: Commerce (USD th) | 278,561.449 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
FDI: Transport & Storage (USD th) | 547,466.951 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
FDI: Financial & Insurance Services (USD th) | -578,824.016 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
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: Canada (USD th) | 955,116.452 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
FDI: Japan (USD th) | -7,385.122 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
FDI: United States (USD th) | 533,393.440 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
FDI: Germany (USD th) | -554,244.103 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
FDI: Spain (USD th) | -121,184.408 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 2.0 Dec 2023 | quarterly | Dec 1994 - Dec 2023 |
Household Debt: % of GDP (%) | 16.3 Dec 2023 | quarterly | Dec 2000 - Dec 2023 |
Non-Performing Loans (USD mn) | 7,978.265 Feb 2024 | monthly | Jan 1997 - Feb 2024 |
Money Supply M1 (USD mn) | 435,444.170 Feb 2024 | monthly | Dec 1985 - Feb 2024 |
Money Supply M2 (USD mn) | 707,141.239 May 2023 | monthly | Dec 1985 - May 2023 |
M2 Growth (%) | 12.5 Feb 2024 | monthly | Dec 1986 - Feb 2024 |
Foreign Exchange Reserves (USD mn) | 191,899.7 Feb 2024 | monthly | Jan 2000 - Feb 2024 |
Foreign Exchange Reserves: % of GDP (%) | 10.408 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
Foreign Exchange Reserves: Months of Import (NA) | 3.7 Feb 2024 | monthly | Jan 2000 - Feb 2024 |
Gold Reserves (USD mn) | 7,928.665 Feb 2024 | monthly | Dec 1956 - Feb 2024 |
Total Deposits (USD mn) | 495,563.607 Feb 2024 | monthly | Jan 1998 - Feb 2024 |
Total Deposits Growth (%) | 11.6 Feb 2024 | monthly | Jan 1999 - Feb 2024 |
Domestic Credit (USD mn) | 771,518.5 Jan 2024 | monthly | Dec 2001 - Jan 2024 |
Domestic Credit Growth (%) | 8.2 Jan 2024 | monthly | Dec 2002 - Jan 2024 |
Debt Service Ratio: Private Non-Financial Sector (%) | 5.200 Sep 2023 | quarterly | Mar 1999 - Sep 2023 |
Credit to Households (USD bn) | 290.520 Sep 2023 | quarterly | Dec 1994 - Sep 2023 |
Credit to Private Non-Financial Sector (USD bn) | 666.253 Sep 2023 | quarterly | Dec 1980 - Sep 2023 |
Household Debt (USD mn) | 305,880.2 Dec 2023 | quarterly | Dec 2000 - Dec 2023 |
Total Loans (USD mn) | 467,129.013 Feb 2024 | monthly | Dec 2000 - Feb 2024 |
Total Loans Growth (%) | 8.89 Feb 2024 | monthly | Dec 2001 - Feb 2024 |
Private Debt: % of Nominal GDP (%) | 19.62 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
Official Reserve Assets (ORA) (USD mn) | 219,534.277 Feb 2024 | monthly | Jan 2000 - Feb 2024 |
ORA: Foreign Currency Reserves in Convertible (FCR) (USD mn) | 190,445.968 Feb 2024 | monthly | Jan 2000 - Feb 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) | 2.1 Mar 2024 | monthly | Jan 2005 - Mar 2024 |
PMI: sa (Point) | 51.758 Mar 2019 | monthly | Jan 2004 - Mar 2019 |
Composite Leading Index: sa (2013=100) | 104.600 Jan 2019 | monthly | Jan 1980 - Jan 2019 |
Composite Coincident Index: sa (2013=100) | 113.000 Jan 2019 | monthly | Jan 1980 - Jan 2019 |
Composite Coincident Index: sa: 2018=100 (2018=100) | 100.600 Jan 2024 | monthly | Jan 1980 - Jan 2024 |
Composite Leading Index: sa: 2018=100 (2018=100) | 109.600 Jan 2024 | monthly | Jan 1980 - Jan 2024 |
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