Armenia vs Mexico: Central government debt, total
Central government debt, total over time
- Armenia
- Mexico
How they compare
Mexico currently reports 50.3% against 47.9% in Armenia, a difference of 2.4%.
The two have swapped places 1 time across 6 shared years of data; in 2019 it was Armenia ahead.
Armenia ranks 49th and Mexico ranks 47th of 83 countries.
Armenia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Armenia | Mexico | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 50.0% | 41.3% | 8.7% | Armenia |
| 2020s | 53.2% | 46.0% | 7.2% | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher central government debt, total, Armenia or Mexico?
- Mexico, at 50.3% against 47.9% in Armenia as of 2024.
- What is the difference in central government debt, total between Armenia and Mexico?
- 2.4%, with Mexico ahead.
- How many years of comparable data are there for Armenia and Mexico?
- 6 years are reported by both, from 2019 to 2024.
- How do Armenia and Mexico rank globally for central government debt, total?
- Armenia ranks 49th and Mexico ranks 47th of 83 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Central government debt, total (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Central government is the part of general government that includes all administrative departments of the national executive, legislative, and judicial functions, other central agencies and those non-market producers controlled by the central government, whose competence extends normally over the whole economic territory. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.