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.

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.

The ratio of national debt to gross domestic product (GDP) of Mexico amounted to 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.

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.

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

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.

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.

The gross public debt of Mexico peaked in the first quarter of 2024, when it reached nearly 852.9 billion US dollars. Most of the Mexican public debt was held in domestic currency.

Mexico Federal Govt: External Debt: Gross Debt: Restructured data was reported at 0.000 USD mn in Feb 2019. This stayed constant from the previous number of 0.000 USD mn for Jan 2019. Mexico Federal Govt: External Debt: Gross Debt: Restructured data is updated monthly, averaging 0.000 USD mn from Dec 2005 (Median) to Feb 2019, with 159 observations. The data reached an all-time high of 372.700 USD mn in Jan 2006 and a record low of 0.000 USD mn in Feb 2019. Mexico Federal Govt: External Debt: Gross Debt: Restructured data remains active status in CEIC and is reported by Secretary of Finance and Public Credit. The data is categorized under Global Database’s Mexico – Table MX.F021: Federal Government: External Debt.

Mexico Federal Govt: External Debt: Gross Debt: External Trade data was reported at 1.897 USD bn in Feb 2019. This records a decrease from the previous number of 1.915 USD bn for Jan 2019. Mexico Federal Govt: External Debt: Gross Debt: External Trade data is updated monthly, averaging 1.088 USD bn from Dec 2005 (Median) to Feb 2019, with 159 observations. The data reached an all-time high of 2.207 USD bn in Jan 2018 and a record low of 164.700 USD mn in Mar 2010. Mexico Federal Govt: External Debt: Gross Debt: External Trade data remains active status in CEIC and is reported by Secretary of Finance and Public Credit. The data is categorized under Global Database’s Mexico – Table MX.F021: Federal Government: External Debt.

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.

Mexico Federal Govt: External Debt: Gross Debt: Multilateral Creditors data was reported at 26.605 USD bn in Feb 2019. This records a decrease from the previous number of 26.661 USD bn for Jan 2019. Mexico Federal Govt: External Debt: Gross Debt: Multilateral Creditors data is updated monthly, averaging 19.932 USD bn from Dec 2005 (Median) to Feb 2019, with 159 observations. The data reached an all-time high of 26.661 USD bn in Jan 2019 and a record low of 5.183 USD bn in Nov 2006. Mexico Federal Govt: External Debt: Gross Debt: Multilateral Creditors data remains active status in CEIC and is reported by Secretary of Finance and Public Credit. The data is categorized under Global Database’s Mexico – Table MX.F021: Federal Government: External Debt.

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.

Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) in Mexico was reported at 27058380539 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Mexico - Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Mexico Federal Govt: Domestic Debt: Gross data was reported at 6,429,344.440 MXN mn in Dec 2018. This records an increase from the previous number of 6,363,407.840 MXN mn for Sep 2018. Mexico Federal Govt: Domestic Debt: Gross data is updated quarterly, averaging 907,407.700 MXN mn from Jun 1987 (Median) to Dec 2018, with 127 observations. The data reached an all-time high of 6,429,344.440 MXN mn in Dec 2018 and a record low of 36,017.800 MXN mn in Jun 1987. Mexico Federal Govt: Domestic Debt: Gross data remains active status in CEIC and is reported by Secretary of Finance and Public Credit. The data is categorized under Global Database’s Mexico – Table MX.F019: Federal Government: Domestic Debt: Quarterly.

The here depicted national debt of Mexico stands at approximately 1.27 trillion U.S. dollars in 2025.Continuous rise between 1996 and 2025Compared to the earliest depicted observation from 1996 there is a total increase by approximately 1.18 trillion U.S. dollars. From the pattern between 1996 and 2025 it becomes clear that this increase furthermore happened continuously.Continuous rise between 2025 and 2030The national debt will lie at around 1.70 trillion U.S. dollars in 2030, according to forecasts. There is an overall increase by approximately 430.18 billion U.S. dollars since 2025. This growth reflects a steady upward trend.

The general government net debt of Mexico amounted to approximately 1.02 trillion U.S. dollars in 2024. Following a continuous upward trend, the debt has risen by around 922.07 billion U.S. dollars since 1998. Between 2024 and 2030, the debt will rise by around 476.80 billion U.S. dollars, continuing its consistent upward trajectory.

In the fiscal year of 2019, the state of New Mexico had state debt totaling *** billion U.S. dollars. However, the local government debt was higher at **** billion U.S. dollars. By the fiscal year of 2025, it is forecasted that New Mexico's state debt will be about **** billion U.S. dollars, and the local government debt will be about ***** billion U.S. dollars.

Debt service on external debt, total (TDS, current US$) in Mexico was reported at 54272728368 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Mexico - Debt service on external debt, total (TDS, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.