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 1,052.3 USD bn in Oct 2025, compared with 1,069.1 USD bn in the previous month.
• Mexico National Government Debt data is updated monthly, available from Dec 2005 to Oct 2025.
• The data reached an all-time high of 1,069.1 USD bn in Sep 2025 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 4.1 % of its Nominal GDP in Sep 2025.
• The country's Government debt accounted for 60.2 % of its Nominal GDP in Sep 2025.
• Mexico Nominal GDP reached 473.6 USD bn in Sep 2025.

The ratio of national debt to gross domestic product (GDP) of Mexico was 58.31 percent in 2024. Between 1996 and 2024, the ratio rose by 15.77 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The ratio will steadily rise by 3.16 percentage points over the period from 2024 to 2030, reflecting a clear upward trend.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 60.2 % of the country's Nominal GDP in Sep 2025, compared with the ratio of 57.1 % in the previous quarter.
• Mexico government debt to GDP ratio data is updated quarterly, available from Dec 2005 to Sep 2025.
• The data reached an all-time high of 60.2 % in Sep 2025 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 1,052.3 USD bn in Oct 2025.
• The country's Nominal GDP reached 473.6 USD bn in Sep 2025.

The national debt of Mexico amounted to 1.16 trillion U.S. dollars in 2024. Following a continuous upward trend, the national debt has risen by 1.08 trillion U.S. dollars since 1996. Between 2024 and 2030, the national debt will rise by 553.4 billion U.S. dollars, continuing its consistent upward trajectory.

Graph and download economic data for General government gross debt for Mexico (GGGDTAMXA188N) from 1996 to 2024 about Mexico, debt, gross, and government.

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.

External Debt in Mexico increased to 633750.90 USD Million in the second quarter of 2025 from 618661.90 USD Million in the first quarter of 2025. This dataset provides - Mexico External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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

The national debt of Mexico stood at ************* U.S. dollars in 2024. Following a continuous upward trend, the national debt has risen by ************* U.S. dollars since 1996. Between 2024 and 2030, the national debt will rise by ************* U.S. dollars, continuing its consistent upward trajectory.

Mexico MX: Gross Public Debt: % of GDP: General Government: Debt Securities data was reported at 30.831 % in Sep 2018. This records a decrease from the previous number of 30.971 % for Jun 2018. Mexico MX: Gross Public Debt: % of GDP: General Government: Debt Securities data is updated quarterly, averaging 26.031 % from Mar 2008 (Median) to Sep 2018, with 43 observations. The data reached an all-time high of 32.021 % in Mar 2016 and a record low of 19.073 % in Jun 2008. Mexico MX: Gross Public Debt: % of GDP: General 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: General Government.

Mexico MX: Gross Public Debt: USD: General Government: Debt Securities data was reported at 377.466 USD bn in Sep 2018. This records an increase from the previous number of 350.709 USD bn for Jun 2018. Mexico MX: Gross Public Debt: USD: General Government: Debt Securities data is updated quarterly, averaging 315.090 USD bn from Mar 2008 (Median) to Sep 2018, with 43 observations. The data reached an all-time high of 377.466 USD bn in Sep 2018 and a record low of 184.004 USD bn in Mar 2009. Mexico MX: Gross Public Debt: USD: General 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: General Government.

Mexico MX: Gross Public Debt: General Government: Debt Securities data was reported at 7,133,582.000 MXN mn in Sep 2018. This records an increase from the previous number of 7,033,568.000 MXN mn for Jun 2018. Mexico MX: Gross Public Debt: General Government: Debt Securities data is updated quarterly, averaging 4,172,683.000 MXN mn from Mar 2008 (Median) to Sep 2018, with 43 observations. The data reached an all-time high of 7,133,582.000 MXN mn in Sep 2018 and a record low of 2,261,629.000 MXN mn in Mar 2008. Mexico MX: Gross Public Debt: General 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: General Government.

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.

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 October of 2025.

Mexico recorded a Government Budget deficit equal to 5.70 percent of the country's Gross Domestic Product in 2024. This dataset provides - Mexico Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Historical dataset showing Mexico national debt by year from 1990 to 2023.

This scatter chart displays central government debt (% of GDP) against expense (% of GDP) in Mexico. The data is about countries per year.

Mexico MX: Expenditure: Interest Payments data was reported at 597,090.096 MXN mn in 2017. This records an increase from the previous number of 465,694.963 MXN mn for 2016. Mexico MX: Expenditure: Interest Payments data is updated yearly, averaging 43,244.000 MXN mn from Dec 1972 (Median) to 2017, with 39 observations. The data reached an all-time high of 597,090.096 MXN mn in 2017 and a record low of 5.000 MXN mn in 1972. Mexico MX: Expenditure: Interest Payments 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.; ;

According to the source, the gross public debt of Mexico held by foreign creditors amounted to roughly ****** billion U.S. dollars in the first quarter of 2024. Sovereign debt held by domestic creditors exceeded that of foreign creditors by over *** billion dollars.