Mexico recorded a Government Debt to GDP of 52.10 percent of the country's Gross Domestic Product in 2020. source: Secretaria de Hacienda y Credito Publico

Government Debt to GDP in Mexico averaged 30.86 percent of GDP from 1990 until 2020, reaching an all time high of 52.10 percent of GDP in 2020 and a record low of 17.90 percent of GDP in 2007. This page provides - Mexico Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Government Debt to GDP - values, historical data and charts - was last updated on September of 2021.

Government Debt to GDP in Mexico is expected to reach 51.00 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 Debt to GDP is projected to trend around 49.00 percent of GDP in 2022 and 47.00 percent of GDP in 2023, according to our econometric models.

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Mexico Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
52.10 45.10 52.10 17.90 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 -11479.60 -118464.70 340612.40 -308191.94 MXN Million [+]
Government Spending 2250041.00 2239723.00 2265955.00 1376521.00 MXN Million [+]
Government Revenues 477785.50 474671.60 719218.90 12748.50 MXN Million [+]
Fiscal Expenditure 496264.20 608056.50 841945.40 14302.90 MXN Million [+]
Credit Rating 60.00 [+]
Military Expenditure 6607.00 6651.00 6651.00 373.00 USD Million [+]

Mexico Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.