Mexico recorded a Government Budget deficit equal to 2.90 percent of the country's Gross Domestic Product in 2017. Government Budget in Mexico averaged -0.95 percent of GDP from 1990 until 2017, reaching an all time high of 3.30 percent of GDP in 1992 and a record low of -3.40 percent of GDP in 2015.
Government Budget in Mexico is expected to be -2.70 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mexico Government Budget is projected to trend around -2.80 percent of GDP in 2020, according to our econometric models.