Mexico recorded a Government Budget deficit equal to 4.60 percent of the country's Gross Domestic Product in 2020. source: Secretaria de Hacienda y Credito Publico

Government Budget in Mexico averaged -1.05 percent of GDP from 1990 until 2020, reaching an all time high of 3.30 percent of GDP in 1992 and a record low of -4.60 percent of GDP in 2020. This page provides - Mexico Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Government Budget - values, historical data and charts - was last updated on July of 2021.

Government Budget in Mexico is expected to reach -3.60 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mexico Government Budget is projected to trend around -2.50 percent of GDP in 2022, according to our econometric models.

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Mexico Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-4.60 -1.60 3.30 -4.60 1990 - 2020 percent of GDP Yearly

Mexico Government Last Previous Highest Lowest Unit
Government Debt to GDP 52.10 45.10 52.10 17.90 percent of GDP [+]
Government Budget -4.60 -1.60 3.30 -4.60 percent of GDP [+]
Government Budget Value -26620.00 15940.00 340612.40 -308191.94 MXN Million [+]
Government Spending 2250041.00 2239723.00 2265955.00 1376521.00 MXN Million [+]
Government Revenues 456401.90 436004.30 719218.90 12748.50 MXN Million [+]
Fiscal Expenditure 452946.60 469018.10 841945.40 14302.90 MXN Million [+]
Credit Rating 60.00 [+]
Military Expenditure 6607.00 6651.00 6651.00 373.00 USD Million [+]


Mexico Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.