Government Spending in Mexico decreased to 2159844 MXN Million in the third quarter of 2020 from 2239210 MXN Million in the second quarter of 2020. source: Instituto Nacional de Estadística y Geografía (INEGI)

Government Spending in Mexico averaged 1773737.06 MXN Million from 1993 until 2020, reaching an all time high of 2263990 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 January of 2021.

Government Spending in Mexico is expected to be 2060598.00 MXN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Mexico to stand at 2332632.00 in 12 months time. In the long-term, the Mexico Government Spending is projected to trend around 2155385.00 MXN Million in 2021 and 2202804.00 MXN Million in 2022, according to our econometric models.

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Mexico Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
2159844.00 2239210.00 2263990.00 1376521.00 1993 - 2020 MXN Million Quarterly
Constant Prices, NSA

Mexico Government Last Previous Highest Lowest Unit
Government Debt to GDP 45.50 46.00 48.20 17.90 percent [+]
Government Budget -1.60 -2.10 3.30 -3.40 percent of GDP [+]
Government Budget Value -71950.00 -18940.00 340612.40 -308191.94 MXN Million [+]
Government Spending 2159844.00 2239210.00 2263990.00 1376521.00 MXN Million [+]
Government Revenues 380863.40 510232.60 719218.90 12748.50 MXN Million [+]
Fiscal Expenditure 427809.40 367907.10 830183.90 14302.90 MXN Million [+]
Credit Rating 60.00 [+]
Military Expenditure 6375.00 5781.00 7071.00 349.00 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.