Mexico
Government debt in Mexico
Government debt in Mexico: 42.5% of GDP in 1996 and 61.7% of GDP in 2025, by IMF estimates.
- Latest, 2025
- 61.7% of GDP
- Since 1996
- +19.1 percentage points
- Rank, 2025
- 52 of 149
- counting from the highest
- Projected, 2031
- 64.5% of GDP
- IMF projection (World Economic Outlook, October 2026)
% of GDP · IMF
What the numbers say
- The IMF projection (World Economic Outlook, October 2026) puts it at 64.5% of GDP in 2031.
- The highest was 61.7% of GDP in 2025, the lowest 35.5% of GDP in 2007.
Every year
% of GDP · IMF
| Year | Mexico |
|---|---|
| 2025 | 61.7 |
| 2024 | 59 |
| 2023 | 52.7 |
| 2022 | 53.8 |
| 2021 | 56.7 |
| 2020 | 58.5 |
| 2019 | 51.9 |
| 2018 | 52.2 |
| 2017 | 52.5 |
| 2016 | 55 |
| 2015 | 51 |
| 2014 | 47.1 |
| 2013 | 44.1 |
| 2012 | 40.8 |
| 2011 | 41.2 |
| 2010 | 40.2 |
| 2009 | 41.7 |
| 2008 | 40.6 |
| 2007 | 35.5 |
| 2006 | 35.8 |
| 2005 | 36.8 |
| 2004 | 38.9 |
| 2003 | 42.1 |
| 2002 | 39.9 |
| 2001 | 37.3 |
| 2000 | 38.5 |
| 1999 | 41.7 |
| 1998 | 39.7 |
| 1997 | 39.1 |
| 1996 | 42.5 |
IMF projection (World Economic Outlook, October 2026) · 2026–2031
| Year | Mexico |
|---|---|
| 2026 | 62.1 |
| 2027 | 62.9 |
| 2028 | 63.4 |
| 2029 | 64 |
| 2030 | 64.3 |
| 2031 | 64.5 |
Good to know
- What the government owes, as a share of the economy’s yearly output.
- Source: IMF, World Economic Outlook, October 2026.
- The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
- Ranks count the 149 countries with a value in 2025, highest first.
How the layers work, where their data comes from and what they can’t tell you: Countries through time
Mexico in numbers
Every measure for Mexico on one page
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Military
- Military spending0.74% of GDP in 2025
- Military spending in US dollars$13.8B in 2025
- Military spending per person$104 in 2025
- Military share of state spending2.5% of government spending in 2025
- Armed forces personnel341,000 people in 2020
- National power1.14% of world capability in 2022
- Armed forces, share of workers0.64% of the labour force in 2020
- Arms imports9 million TIV in 2025
- Arms exports1 million TIV in 2019