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.

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.

2024年，墨西哥政府债务占国内生产总值的比例为49.70%。 当前值，历史数据，预测，统计，图表和经济日历 - 墨西哥 - 政府债务占国内生产总值比重.

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.

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.

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.

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.

Mexico MX: Gross Public Debt: % of GDP: Central Government: Debt Securities and Loans data was reported at 30.601 % in Sep 2018. This records a decrease from the previous number of 30.732 % for Jun 2018. Mexico MX: Gross Public Debt: % of GDP: Central Government: Debt Securities and Loans data is updated quarterly, averaging 26.003 % from Mar 2008 (Median) to Sep 2018, with 43 observations. The data reached an all-time high of 31.887 % in Mar 2016 and a record low of 18.941 % in Jun 2008. Mexico MX: Gross Public Debt: % of GDP: Central Government: Debt Securities and Loans 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: 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.

According to this statistic, the ratio of national debt to gross domestic product (GDP) of Mexico stands at approximately 60.66 percent in 2025.Fluctuating rise between 1996 and 2025Between 1996 and 2025 a total increase by approximately 18.12 percentage points can be observed. The data emphasizes however that this increase did not happen continuously.Fluctuating rise between 2025 and 2030The ratio will lie at close to 61.31 percent in 2030, according to forecasts. Compared to 2025 this is an overall increase by approximately 0.65 percentage points.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.

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.

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 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.

Mexico MX: Gross Public Debt: USD: Central Government: Debt Securities and Loans data was reported at 374.657 USD bn in Sep 2018. This records an increase from the previous number of 348.002 USD bn for Jun 2018. Mexico MX: Gross Public Debt: USD: Central Government: Debt Securities and Loans data is updated quarterly, averaging 313.655 USD bn from Mar 2008 (Median) to Sep 2018, with 43 observations. The data reached an all-time high of 374.657 USD bn in Sep 2018 and a record low of 182.683 USD bn in Mar 2009. Mexico MX: Gross Public Debt: USD: Central Government: Debt Securities and Loans 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.

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.

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.

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.

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.