Government Spending in Mexico increased to 2250041 MXN Million in the first quarter of 2021 from 2239723 MXN Million in the fourth quarter of 2020. source: Instituto Nacional de Estadística y Geografía (INEGI)

Government Spending in Mexico averaged 1782157.31 MXN Million from 1993 until 2021, reaching an all time high of 2265955 MXN Million in the first quarter of 2020 and a record low of 1376521 MXN Million in the third quarter of 1993. This page provides - Mexico Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Government Spending - values, historical data and charts - was last updated on September of 2021.

Government Spending in Mexico is expected to be 2311487.00 MXN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mexico Government Spending is projected to trend around 2415205.00 MXN Million in 2022 and 2473170.00 MXN Million in 2023, according to our econometric models.

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Mexico Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
2250041.00 2239723.00 2265955.00 1376521.00 1993 - 2021 MXN Million Quarterly
Constant Prices, NSA

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 Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.