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.

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 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 852.9 billion US dollars. Most of the Mexican public debt was held in domestic currency.

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.

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

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: 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.

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.

External Debt in Mexico decreased to 591055.90 USD Million in the fourth quarter of 2024 from 600455.70 USD Million in the third quarter of 2024. This dataset provides - Mexico External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Mexico MX: Gross Public Debt: % of GDP: Central Government: Debt Securities data was reported at 30.514 % in Sep 2018. This records a decrease from the previous number of 30.641 % for Jun 2018. Mexico MX: Gross Public Debt: % of GDP: Central Government: Debt Securities data is updated quarterly, averaging 25.615 % from Mar 2008 (Median) to Sep 2018, with 43 observations. The data reached an all-time high of 31.563 % in Mar 2016 and a record low of 18.726 % in Jun 2008. Mexico MX: Gross Public Debt: % of GDP: Central Government: Debt Securities data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mexico – Table MX.World Bank.QPSD: Gross Public Debt: % of GDP: Central Government.

Mexico MX: Gross Public Debt: USD: Central Government: Debt Securities data was reported at 373.583 USD bn in Sep 2018. This records an increase from the previous number of 346.977 USD bn for Jun 2018. Mexico MX: Gross Public Debt: USD: Central Government: Debt Securities data is updated quarterly, averaging 310.774 USD bn from Mar 2008 (Median) to Sep 2018, with 43 observations. The data reached an all-time high of 373.583 USD bn in Sep 2018 and a record low of 180.983 USD bn in Mar 2009. Mexico MX: Gross Public Debt: USD: Central Government: Debt Securities data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mexico – Table MX.World Bank.QPSD: Gross Public Debt: Central Government.

According to the source, Mexico had roughly 119 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 threefold that in foreign currency.

This line chart displays central government debt (% of GDP) by date using the aggregation average, weighted by gdp in Mexico. The data is about countries per year.

This horizontal bar chart displays central government debt (% of GDP) by date using the aggregation average, weighted by gdp in Mexico. The data is about countries per year.

Mexico MX: Gross Public Debt: Central Government: Debt Securities data was reported at 7,060,188.000 MXN mn in Sep 2018. This records an increase from the previous number of 6,958,723.000 MXN mn for Jun 2018. Mexico MX: Gross Public Debt: Central Government: Debt Securities data is updated quarterly, averaging 4,105,948.000 MXN mn from Mar 2008 (Median) to Sep 2018, with 43 observations. The data reached an all-time high of 7,060,188.000 MXN mn in Sep 2018 and a record low of 2,219,795.000 MXN mn in Mar 2008. Mexico MX: Gross Public Debt: Central Government: Debt Securities data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mexico – Table MX.World Bank.QPSD: Gross Public Debt: Central Government.

In 2018, most of the debt held by Mexico's central government was owed to creditors based in the country, with this type of debt representing more three times the amount owed to foreign creditors. In the period between 2012 and 2016, Mexico's both internal and external debts in relation to the country's gross domestic product (GDP) saw a continuous rise, but they have slightly decreased since then.

Graph and download economic data for Projection of General government gross debt for Mexico (GGGDTPMXA188N) from 2025 to 2030 about Mexico, projection, gross, debt, and government.

Outstanding international public debt securities to GDP (%) in Mexico was reported at 8.1311 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Mexico - Outstanding international public debt securities to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Mexico MX: Expenditure: Interest Payments: % of Revenue data was reported at 13.619 % in 2017. This records an increase from the previous number of 11.684 % for 2016. Mexico MX: Expenditure: Interest Payments: % of Revenue data is updated yearly, averaging 13.957 % from Dec 1972 (Median) to 2017, with 39 observations. The data reached an all-time high of 114.437 % in 1987 and a record low of 8.621 % in 1972. Mexico MX: Expenditure: Interest Payments: % of Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mexico – Table MX.World Bank.WDI: Government Revenue, Expenditure and Finance. Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; Median;