The national debt of Mexico was approximately ************* U.S. dollars in 2024. Following a continuous upward trend, the national debt has risen by around ************* U.S. dollars since 1996. Between 2024 and 2030, the national debt will rise by around ************** 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.

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.

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

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

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.

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.

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.

Graph and download economic data for Outstanding Total International Debt Securities to GDP for Mexico (DDDM07MXA156NWDB) from 1980 to 2020 about issues, Mexico, debt, and GDP.

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

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.

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.

In 2020, the amount of debt held by Mexico's central government to creditors based in the country represented 32.3 percent of gross domestic product (GDP). In the period between 2015 and 2018, Mexico's internal debt in relation to its GPD remained quite steady, standing around 27 percent.

Mexico Domestic Public Debt: Long Term data was reported at 13,232,493.100 MXN mn in Mar 2025. This records an increase from the previous number of 13,196,347.000 MXN mn for Feb 2025. Mexico Domestic Public Debt: Long Term data is updated monthly, averaging 4,834,485.100 MXN mn from Dec 2005 (Median) to Mar 2025, with 232 observations. The data reached an all-time high of 13,232,493.100 MXN mn in Mar 2025 and a record low of 1,085,200.600 MXN mn in Dec 2005. Mexico Domestic Public Debt: Long Term 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: Domestic and External Public Debt.

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.

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.

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 September of 2025.

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.