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MacroMexico

Government debt in Mexico

How indebted is the state my taxes would go to?

Mexico's government debt is 61.80 % — #74 of 124 countries on the atlas (lower is better). Period 2025.

61.80%

Checked 8 Sept 2026Period 2025

Source: IMF World Economic Outlook (general government gross debt, % of GDP)

The central government owes about 0.6 years' worth of the country's entire economic output.

Government debt in Mexico over time

61.80 %48.65 %35.50 %35.50 % · 20071996: 42.50 %1997: 39.10 %1998: 39.70 %1999: 41.70 %2000: 38.50 %2001: 37.30 %2002: 39.90 %2003: 42.10 %2004: 38.90 %2005: 36.80 %2006: 35.80 %2007: 35.50 %2008: 40.60 %2009: 41.70 %2010: 40.20 %2011: 41.20 %2012: 40.80 %2013: 44.10 %2014: 47.10 %2015: 51.00 %2016: 55.00 %2017: 52.50 %2018: 52.20 %2019: 51.90 %2020: 58.50 %2021: 56.70 %2022: 53.80 %2023: 52.80 %2024: 59.10 %2025: 61.80 %19962010202561.80 %
30 official observations, 1996 → 2025. Every point is a published value — never interpolated.
Rank
#74 of 124
lower is better
Ranked behind
40 %
50 of 124 countries
Latest move
▲ 2.70 pp
since 2024
Full series
▲ 19.30 pp
since 1996

In Americas: #14 of 26vs median 54.55 %: +7.25 pp (worse)

Among 124 countries

5 of 124 countries between 12.30 % and 17.86 %4 of 124 countries between 17.86 % and 23.42 %9 of 124 countries between 23.42 % and 28.97 %9 of 124 countries between 28.97 % and 34.53 %9 of 124 countries between 34.53 % and 40.09 %11 of 124 countries between 40.09 % and 45.65 %8 of 124 countries between 45.65 % and 51.21 %11 of 124 countries between 51.21 % and 56.77 %8 of 124 countries between 56.77 % and 62.32 %7 of 124 countries between 62.32 % and 67.88 %6 of 124 countries between 67.88 % and 73.44 %5 of 124 countries between 73.44 % and 79.00 %6 of 124 countries between 79.00 % and 84.56 %7 of 124 countries between 84.56 % and 90.12 %2 of 124 countries between 90.12 % and 95.67 %3 of 124 countries between 95.67 % and 101.23 %4 of 124 countries between 101.23 % and 106.79 %1 of 124 countries between 106.79 % and 112.35 %2 of 124 countries between 112.35 % and 117.91 %1 of 124 countries between 123.47 % and 129.02 %2 of 124 countries between 134.58 % and 140.14 %4 of 124 countries between 140.14 % and 145.70 %median 54.40 %Mexico: ahead of 40 % of the 124 countries with a published government debtMexico 61.80 %12.30 %145.70 %
Half of all 124 countries sit between 36.00 % and 80.30 %. Mexico is ahead of 40 % of them. Axis trimmed to the 2nd–98th percentile; 5 values beyond it sit in the end bars.

The neighbourhood

#CountryGovernment debtvs Mexico
72 Romania60.60 %−1.20 pp
73 Slovakia61.60 %−0.20 pp
74 Mexico61.80 %—
75 Germany62.90 %+1.10 pp
76 Rwanda64.60 %+2.80 pp

General government gross debt as a share of GDP (IMF World Economic Outlook, annual).

How to read this figure

Central government debt as a share of GDP (World Bank). General government debt (including local government and social funds) can be meaningfully higher; comparisons across countries are indicative.

Next, about Mexico

Debt per personGDP growthInflation rate
Government debt, all countries ranked →Compare Mexico with another country →Everything about Mexico →
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