Expense in Mexico
Mexico: Expense was 22.5% in 2023. ▲ Rising
Expense in Mexico, 1972–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for expense in Mexico is 22.5%, measured in 2023.
Compared with earlier readings it is up 0.7% on the previous year and up 8.5% over ten years.
Over the whole period, expense in Mexico peaked at 27.3% in 1987 and was at its lowest, 10.1%, in 1972.
Mexico ranks 99th of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 44 years of available data.
Expense in Mexico, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1972 | 10.1% | — |
| 1973 | 10.4% | +3.3% |
| 1974 | 11.7% | +12.0% |
| 1975 | 12.5% | +7.5% |
| 1976 | 13.1% | +4.7% |
| 1977 | 13.0% | -1.1% |
| 1978 | 12.7% | -2.4% |
| 1979 | 13.2% | +4.0% |
| 1980 | 10.9% | -17.4% |
| 1981 | 12.6% | +15.6% |
| 1982 | 22.0% | +74.6% |
| 1983 | 21.0% | -4.2% |
| 1984 | 18.7% | -11.3% |
| 1985 | 20.5% | +10.0% |
| 1986 | 24.9% | +21.3% |
| 1987 | 27.3% | +9.7% |
| 1988 | 23.8% | -12.9% |
| 1989 | 19.3% | -18.7% |
| 1990 | 16.9% | -12.5% |
| 1991 | 13.8% | -18.6% |
| 1992 | 13.4% | -3.0% |
| 1993 | 10.3% | -23.2% |
| 1994 | 10.4% | +1.3% |
| 1995 | 11.3% | +8.5% |
| 1996 | 11.1% | -1.5% |
| 1997 | 11.7% | +5.1% |
| 1998 | 10.5% | -9.7% |
| 1999 | 11.4% | +7.9% |
| 2000 | 12.1% | +6.3% |
| 2009 | 20.6% | +70.1% |
| 2010 | 20.5% | -0.5% |
| 2011 | 20.9% | +1.9% |
| 2012 | 20.9% | +0.3% |
| 2013 | 20.7% | -1.2% |
| 2014 | 21.0% | +1.5% |
| 2015 | 20.9% | -0.6% |
| 2016 | 20.3% | -2.6% |
| 2017 | 19.9% | -2.3% |
| 2018 | 19.9% | +0.0% |
| 2019 | 19.8% | -0.3% |
| 2020 | 21.7% | +9.5% |
| 2021 | 20.9% | -3.7% |
| 2022 | 22.3% | +6.8% |
| 2023 | 22.5% | +0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.1% | 10.1% | 13.2% | 8 |
| 1980s | 20.1% | 10.9% | 27.3% | 10 |
| 1990s | 12.1% | 10.3% | 16.9% | 10 |
| 2000s | 16.3% | 12.1% | 20.6% | 2 |
| 2010s | 20.5% | 19.8% | 21.0% | 10 |
| 2020s | 21.8% | 20.9% | 22.5% | 4 |
Countries ranked near Mexico
- 96 Azerbaijan 23.0% compare
- 97 Peru 22.8% compare
- 98 Ghana 22.7% compare
- 100 Uzbekistan 22.3% compare
- 101 Belize 22.3% compare
- 102 Bolivia, Plurinational State of 21.8% compare
More economy & growth data for Mexico
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.43 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.06 Percent per annum (2029)
- GNI, Atlas method (current US$), annual growth rate 8.51 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9885 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 13,730 current US$ per person (2025)
- GNI (current US$), annual growth rate -0.1742 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9693 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 13,462 current US$ per person (2025)
- GNI (current LCU), annual growth rate 4.91 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 18.65 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is expense in Mexico?
- Expense in Mexico was 22.5% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Mexico?
- The highest recorded value was 27.3% in 1987.
- What is the lowest expense recorded in Mexico?
- The lowest recorded value was 10.1% in 1972.
- How does Mexico rank for expense?
- Mexico ranks 99th out of 157 countries with data for 2023.
- Is expense rising or falling in Mexico?
- Over the last ten years it is up 8.5%. The long-run trend across the full record is rising.
- Where does this Mexico data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. 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.