Colombia vs Mexico: Financing of social security benefits in OECD member countries — Tax

Colombia
1.7 Percentage of GDP
in 2024
Mexico
2.51 Percentage of GDP
in 2024
Colombia rank
31st
Mexico rank
30th

Financing of social security benefits in OECD member countries — Tax over time

  • Colombia
  • Mexico
1234198020022024

How they compare

Mexico currently reports 2.51 Percentage of GDP against 1.7 Percentage of GDP in Colombia, a difference of 0.81 Percentage of GDP.

That makes Mexico's figure about 1.5 times Colombia's.

The two have swapped places 6 times across 35 shared years of data; in 1990 it was Mexico ahead.

Colombia ranks 31st and Mexico ranks 30th of 33 countries.

Across the 4 decades both report, Colombia averaged higher in 2 and Mexico in 2.

Head to head by decade

Decade Colombia Mexico Difference Ahead
1990s 2.81 Percentage of GDP 2.02 Percentage of GDP 0.7914 Percentage of GDP Colombia
2000s 2.28 Percentage of GDP 2.02 Percentage of GDP 0.2568 Percentage of GDP Colombia
2010s 1.83 Percentage of GDP 2.07 Percentage of GDP 0.2441 Percentage of GDP Mexico
2020s 1.72 Percentage of GDP 2.38 Percentage of GDP 0.663 Percentage of GDP Mexico

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financing of social security benefits in oecd member countries — tax, Colombia or Mexico?
Mexico, at 2.51 Percentage of GDP against 1.7 Percentage of GDP in Colombia as of 2024.
What is the difference in financing of social security benefits in oecd member countries — tax between Colombia and Mexico?
0.81 Percentage of GDP, with Mexico ahead.
How many years of comparable data are there for Colombia and Mexico?
35 years are reported by both, from 1990 to 2024.
How do Colombia and Mexico rank globally for financing of social security benefits in oecd member countries — tax?
Colombia ranks 31st and Mexico ranks 30th of 33 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Financing of social security benefits in OECD member countries — Tax revenue. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Colombia vs Mexico: Financing of social security benefits in OECD member countries — Tax. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 17 September 2026, from https://economy.statizoid.com/compare/financing-of-social-security-benefits-in-oecd-member-countries-tax-revenue/colombia/mexico/

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About this data

Indicator
Financing of social security benefits in OECD member countries — Tax revenue
Unit
Percentage of GDP
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
36 places, 1,787 data points, 1965–2024
Last refreshed

Compulsory payments conferring entitlement to future social benefits These are usually earmarked to finance social benefits and paid to institutions of general government.