Mexico recorded a Government Debt to GDP of 45.40 percent of the country's Gross Domestic Product in 2025. Government Debt to GDP in Mexico averaged 34.31 percent of GDP from 1990 until 2025, reaching an all time high of 58.50 percent of GDP in 2020 and a record low of 17.90 percent of GDP in 2007. source: Secretaria de Hacienda y Credito Publico

Government Debt to GDP in Mexico is expected to reach 46.00 percent of GDP by the end of 2026, 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 47.90 percent of GDP in 2027 and 49.00 percent of GDP in 2028, according to our econometric models.



Related Last Previous Unit Reference
Credit Rating 58.00 May 2026
Fiscal Expenditure 2431602.80 1520792.00 MXN Million Mar 2026
Government Budget -3.90 -5.00 percent of GDP Dec 2025
Fiscal Balance -110096.00 -70000.00 MXN Million Mar 2026
Government Debt to GDP 45.40 49.70 percent of GDP Dec 2025
Government Revenues 1761082.80 1121317.10 MXN Million Mar 2026
Government Spending 2972996.51 2881755.09 MXN Million Dec 2025
Holidays
Military Expenditure 13647.70 20594.90 USD Million Dec 2025


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.
Actual Previous Highest Lowest Dates Unit Frequency
45.40 49.70 58.50 17.90 1990 - 2025 percent of GDP Yearly