Mexico Government Debt: % of GDP

Key information about Mexico Government Debt: % of GDP

• Mexico Government debt accounted for 49.7 % of the country's Nominal GDP in Dec 2023, compared with the ratio of 50.9 % in the previous quarter.
• Mexico government debt to GDP ratio data is updated quarterly, available from Dec 2005 to Dec 2023.
• The data reached an all-time high of 56.2 % in Mar 2021 and a record low of 20.3 % 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 892.5 USD bn in Dec 2023.
• The country's Nominal GDP reached 397.5 USD bn in Mar 2023.

View Mexico's Government Debt: % of GDP from Dec 2005 to Dec 2023 in the chart:

What was Mexico's Government Debt: % of GDP in Dec 2023?

Mexico Government debt accounted for 49.7 % of the country's Nominal GDP in Dec 2023, compared with the ratio of 50.9 % in the previous quarter. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
49.7 Dec 2023	50.9 Sep 2023	20.3 Dec 2008	56.2 Mar 2021	%	quarterly	Dec 2005 - Dec 2023

Government Debt: % of GDP by Country Comparison

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