External debt as a share of gni in Mexico
Mexico: External debt as a share of gni was 34.16 in 2023. ▲ Rising
Latest (2023)
34.16
Change on year
down 16.5%
World rank
84th
of 118 countries
All-time high
56.83
in 2020
All-time low
21.66
in 2008
Years of data
24
2000–2023
External debt as a share of gni in Mexico, 2000–2023
Source: Our World in Data.
Analysis
The most recent figure for external debt as a share of gni in Mexico is 34.16, measured in 2023.
That represents a change of down 16.5% on the previous year and down 12.7% over ten years.
Over the whole period, external debt as a share of gni in Mexico peaked at 56.83 in 2020 and was at its lowest, 21.66, in 2008.
That places Mexico 84th out of 118 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
External debt as a share of gni in Mexico, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 24.5 | — |
| 2001 | 25.9 | +5.7% |
| 2002 | 24.16 | -6.7% |
| 2003 | 26.32 | +8.9% |
| 2004 | 25.86 | -1.7% |
| 2005 | 24.14 | -6.7% |
| 2006 | 22.07 | -8.6% |
| 2007 | 23.11 | +4.7% |
| 2008 | 21.66 | -6.3% |
| 2009 | 26.97 | +24.5% |
| 2010 | 28.57 | +5.9% |
| 2011 | 29.05 | +1.7% |
| 2012 | 35.24 | +21.3% |
| 2013 | 39.11 | +11.0% |
| 2014 | 40.85 | +4.4% |
| 2015 | 45.48 | +11.3% |
| 2016 | 50.3 | +10.6% |
| 2017 | 49.86 | -0.9% |
| 2018 | 49.19 | -1.3% |
| 2019 | 48.72 | -1.0% |
| 2020 | 56.83 | +16.6% |
| 2021 | 46.9 | -17.5% |
| 2022 | 40.93 | -12.7% |
| 2023 | 34.16 | -16.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 24.47 | 21.66 | 26.97 | 10 |
| 2010s | 41.64 | 28.57 | 50.3 | 10 |
| 2020s | 44.7 | 34.16 | 56.83 | 4 |
Countries ranked near Mexico
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 external debt as a share of gni in Mexico?
- External debt as a share of gni in Mexico was 34.16 in 2023, according to Our World in Data.
- What is the highest external debt as a share of gni recorded in Mexico?
- The highest recorded value was 56.83 in 2020.
- What is the lowest external debt as a share of gni recorded in Mexico?
- The lowest recorded value was 21.66 in 2008.
- How does Mexico rank for external debt as a share of gni?
- Mexico ranks 84th out of 118 countries with data for 2023.
- Is external debt as a share of gni rising or falling in Mexico?
- Over the last ten years it is down 12.7%. The long-run trend across the full record is rising.
- Where does this Mexico data come from?
- The figures come from Our World in Data, published as part of External debt as a share of gni. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).