Mexico recorded a government budget deficit of 40905.70 MXN Million in November of 2018. Government Budget Value in Mexico averaged -12470.32 MXN Million from 1990 until 2018, reaching an all time high of 340612.40 MXN Million in March of 2017 and a record low of -308191.94 MXN Million in December of 2017.
Government Budget Value in Mexico is expected to be -30000.00 MXN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Mexico to stand at -85000.00 in 12 months time. In the long-term, the Mexico Government Budget Value is projected to trend around -25000.00 MXN Million in 2020, according to our econometric models.