Mexico recorded a Government Debt to GDP of 49.70 percent of the country's Gross Domestic Product in 2024. Government Debt to GDP in Mexico averaged 34.00 percent of GDP from 1990 until 2024, 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 53.00 percent of GDP by the end of 2025, 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 54.00 percent of GDP in 2026 and 55.00 percent of GDP in 2027, according to our econometric models.



Related Last Previous Unit Reference
Credit Rating 58.00 Feb 2026
Fiscal Expenditure 8462079.20 7632974.90 MXN Million Nov 2025
Government Budget -5.70 -5.00 percent of GDP Dec 2024
Fiscal Balance -1382408.10 -968714.90 MXN Million Dec 2025
Government Debt to GDP 49.70 53.10 percent of GDP Dec 2024
Government Revenues 5506842.90 5049981.00 MXN Million Nov 2025
Government Spending 2881044.00 2911000.00 MXN Million Sep 2025
Holidays
Military Expenditure 16726.40 11825.90 USD Million Dec 2024


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
49.70 53.10 58.50 17.90 1990 - 2024 percent of GDP Yearly