Mexico recorded a Government Debt to GDP of 49.70 percent of the country's Gross Domestic Product in 2024. This dataset provides - Mexico Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Mexico National Government Debt

• Mexico National Government Debt reached 896.3 USD bn in Jan 2025, compared with 874.8 USD bn in the previous month.
• Mexico National Government Debt data is updated monthly, available from Dec 2005 to Jan 2025.
• The data reached an all-time high of 961.9 USD bn in May 2024 and a record low of 197.7 USD bn in Dec 2005.

CEIC calculates monthly Government Debt as the sum of External Debt and Domestic Debt and converts it into USD. The Secretary of Finance and Public Credit provides External Debt in USD and Domestic Debt in local currency. The Federal Reserve Board period end market exchange rate is used for currency conversions. Government Debt covers Central Government only.


Related information about Mexico National Government Debt

• In the latest reports, Mexico Consolidated Fiscal Balance recorded a deficit equal to 4.2 % of its Nominal GDP in Sep 2024.
• The country's Government debt accounted for 47.7 % of its Nominal GDP in Sep 2024.
• Mexico Nominal GDP reached 397.5 USD bn in Mar 2023.

The national debt of Mexico was approximately 1.16 trillion U.S. dollars in 2024. Following a continuous upward trend, the national debt has risen by around 1.08 trillion U.S. dollars since 1996. Between 2024 and 2030, the national debt will rise by around 531.22 billion U.S. dollars, continuing its consistent upward trajectory.

The ratio of national debt to gross domestic product (GDP) of Mexico stood at about 58.43 percent in 2024. From 1996 to 2024, the ratio rose by approximately 15.89 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the ratio will rise by around 2.88 percentage points, showing an overall upward trend with periodic ups and downs.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

External Debt in Mexico increased to 623302.60 USD Million in the first quarter of 2025 from 592728.30 USD Million in the fourth quarter of 2024. This dataset provides - Mexico External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Mexico Government Debt: % of GDP

• Mexico Government debt accounted for 47.7 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 48.1 % in the previous quarter.
• Mexico government debt to GDP ratio data is updated quarterly, available from Dec 2005 to Sep 2024.
• 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 901.9 USD bn in Aug 2024.
• The country's Nominal GDP reached 397.5 USD bn in Mar 2023.

The gross public debt of Mexico peaked in the first quarter of 2024, when it reached nearly ***** billion US dollars. Most of the Mexican public debt was held in domestic currency.

Graph and download economic data for General Government Gross Debt for Mexico (MEXGGXWDGGDP) from 1996 to 2030 about Mexico, gross, debt, and government.

Key information about Mexico External Debt: % of GDP

• Mexico External Debt accounted for 33.0 % of the country's Nominal GDP in 2023, compared with the ratio of 39.7 % in the previous year.
• Mexico External Debt: % of Nominal GDP data is updated yearly, available from Dec 2002 to Dec 2023.
• 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 deficit of 14.3 USD bn in Mar 2023.
• Foreign Direct Investment (FDI) increased by 6.9 USD bn in Sep 2024.
• Mexico Direct Investment Abroad expanded by 5.4 USD bn in Sep 2024.
• Its Foreign Portfolio Investment increased by 2.8 USD bn in Sep 2024.
• The country's Nominal GDP was reported at 397.5 USD bn in Mar 2023.

According to the source, Mexico had roughly *** billion U.S. dollars worth of gross public debt in foreign currency in the second quarter of 2023. Throughout the analyzed period the volume of sovereign debt in domestic currency has been more than ********* that in foreign currency.

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.

Graph and download economic data for Outstanding Domestic Public Debt Securities to GDP for Mexico (DDDM04MXA156NWDB) from 2005 to 2020 about public, Mexico, debt, securities, domestic, and GDP.

Key information about Mexico External Debt: Short Term

• Mexico External Debt: Short Term value stood at 56.3 USD bn in Sep 2024, compared with 63.0 USD bn in the previous quarter.
• Mexico External Debt: Short Term data is updated quarterly, available from Mar 2002 to Sep 2024.
• The data reached an all-time high of 87.8 USD bn in Dec 2013 and a record low of 16.3 USD bn in Sep 2004.

CEIC calculates quarterly Short Term External Debt as the sum of quarterly Short Term External Debt breakdowns for General Government, Central Bank, Deposit-Taking Corporations and Other Sectors. The Bank of Mexico provides Short Term External Debt in USD based on External Debt Statistics: Guide for Compilers and Users, 2013. Short Term External Debt prior to Q1 2009 is based on External Debt Statistics: Guide for Compilers and Users, 2003.


Related information about Mexico External Debt: Short Term

• In the latest reports of Mexico, Current Account recorded a deficit of 14.3 USD bn in Mar 2023.
• Foreign Direct Investment (FDI) increased by 6.9 USD bn in Sep 2024.
• Mexico Direct Investment Abroad expanded by 5.4 USD bn in Sep 2024.
• Its Foreign Portfolio Investment increased by 2.8 USD bn in Sep 2024.
• The country's Nominal GDP was reported at 397.5 USD bn in Mar 2023.

In 2023, the public debt that Mexico's central government owed to foreign creditors equaled 6.3 percent of the country's GDP. The volume of external debt in relation to GDP has been slightly decreasing since 2007. All in all, Mexico is one of the Latin American countries with the lowest share of external debt based on GDP.

Households Debt in Mexico increased to 16.70 percent of GDP in the fourth quarter of 2024 from 16.50 percent of GDP in the third quarter of 2024. This dataset provides - Mexico Households Debt To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Historical chart and dataset showing Mexico external debt by year from 1970 to 2023.

As of 2022, almost ********* of the Mexican population finds themselves in a personal situation where their debts have neither increased nor decreased, remaining at the same level. While only ** percent of respondents were debt free.

External Debt to GDP in Mexico decreased to 6 percent of GDP in 2023 from 7.50 percent of GDP in 2022. This dataset includes a chart with historical data for Mexico External Debt To GDP.

Graph and download economic data for Central government debt, total (% of GDP) for Mexico (DEBTTLMXA188A) from 1990 to 2023 about Mexico, debt, government, and GDP.

Mexico: Government debt as percent of GDP: The latest value from 2023 is 39.9 percent, an increase from 39.5 percent in 2022. In comparison, the world average is 61.85 percent, based on data from 137 countries. Historically, the average for Mexico from 1998 to 2023 is 29.51 percent. The minimum value, 19.9 percent, was reached in 2007 while the maximum of 41.5 percent was recorded in 2020.