The national debt in Mexico was forecast to continuously increase between 2024 and 2029 by in total 334.3 billion U.S. dollars (+33.68 percent). After the twenty-second consecutive increasing year, the national debt is estimated to reach 1.3 trillion U.S. dollars and therefore a new peak in 2029. Notably, the national debt was continuously increasing over the past years.As defined by the International Monetary Fund, 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.Find more statistics on other topics about Mexico with key insights such as the gross domestic product (GDP), annual change of the general government primary net lending, and the annual change in exports of trade goods and services.

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.

The ratio of national debt to gross domestic product (GDP) in Mexico was forecast to increase between 2024 and 2029 by in total 0.3 percentage points. This overall increase does not happen continuously, notably not in 2026. According to this forecast, in 2029, the ratio will have increased for the third consecutive year to 58.08 percent. 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.Find more statistics on other topics about Mexico with key insights such as the budget balance in relation to the gross domestic product, the growth of the real the gross domestic product, and the average inflation rate.

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.

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.

Graph and download economic data for General Government Gross Debt for Mexico (MEXGGXWDGGDP) from 1996 to 2029 about Mexico, gross, debt, and government.

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.

Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Data are in current U.S. dollars.

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.

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.

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.

Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.

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.

Graph and download economic data for Outstanding International Public Debt Securities to GDP for Mexico (DDDM06MXA156NWDB) from 1980 to 2020 about public, Mexico, debt, securities, and GDP.

Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.

Debt statistics provide a detailed picture of debt stocks and flows of developing countries. Data presented as part of the Quarterly External Debt Statistics takes a closer look at the external debt of high-income countries and emerging markets to enable a more complete understanding of global financial flows. The Quarterly Public Sector Debt database provides further data on public sector valuation methods, debt instruments, and clearly defined tiers of debt for central, state and local government, as well as extra-budgetary agencies and funds. Data are gathered from national statistical organizations and central banks as well as by various major multilateral institutions and World Bank staff.

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.

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.

According to the source, the gross public debt of Mexico held by foreign creditors amounted to roughly 234.89 billion U.S. dollars in the first quarter of 2024. Sovereign debt held by domestic creditors exceeded that of foreign creditors by over 350 billion dollars.