Financing of social security benefits in OECD member countries — Tax in Mexico
Mexico: Financing of social security benefits in OECD member countries — Tax was 2.51 Percentage of GDP in 2024. ▲ Rising
Latest (2024)
2.51 Percentage of GDP
Change on year
up 5.1%
World rank
30th
of 33 countries
All-time high
2.51 Percentage of GDP
in 2024
All-time low
1.55 Percentage of GDP
in 1984
Years of data
45
1980–2024
Financing of social security benefits in OECD member countries — Tax in Mexico, 1980–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
In 2024, financing of social security benefits in oecd member countries — tax in Mexico stood at 2.51 Percentage of GDP. That is the highest value across all 45 years on record.
That represents a change of up 5.1% on the previous year and up 20.5% over ten years.
Over the whole period, financing of social security benefits in oecd member countries — tax in Mexico peaked at 2.51 Percentage of GDP in 2024 and was at its lowest, 1.55 Percentage of GDP, in 1984.
That places Mexico 30th out of 33 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 45 years of available data.
Financing of social security benefits in OECD member countries — Tax in Mexico, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 1980 | 1.91 Percentage of GDP | — |
| 1981 | 1.89 Percentage of GDP | -0.9% |
| 1982 | 1.93 Percentage of GDP | +2.3% |
| 1983 | 1.55 Percentage of GDP | -19.6% |
| 1984 | 1.55 Percentage of GDP | -0.2% |
| 1985 | 1.6 Percentage of GDP | +3.1% |
| 1986 | 1.66 Percentage of GDP | +4.1% |
| 1987 | 1.69 Percentage of GDP | +1.7% |
| 1988 | 1.78 Percentage of GDP | +4.9% |
| 1989 | 1.84 Percentage of GDP | +3.3% |
| 1990 | 1.94 Percentage of GDP | +5.6% |
| 1991 | 2.02 Percentage of GDP | +4.0% |
| 1992 | 2.16 Percentage of GDP | +7.2% |
| 1993 | 2.16 Percentage of GDP | -0.1% |
| 1994 | 2.29 Percentage of GDP | +6.2% |
| 1995 | 2.08 Percentage of GDP | -9.1% |
| 1996 | 2.01 Percentage of GDP | -3.8% |
| 1997 | 1.86 Percentage of GDP | -7.3% |
| 1998 | 1.8 Percentage of GDP | -3.3% |
| 1999 | 1.87 Percentage of GDP | +4.1% |
| 2000 | 1.97 Percentage of GDP | +5.3% |
| 2001 | 2.06 Percentage of GDP | +4.4% |
| 2002 | 2.08 Percentage of GDP | +1.3% |
| 2003 | 2.14 Percentage of GDP | +2.9% |
| 2004 | 2.08 Percentage of GDP | -2.8% |
| 2005 | 2.07 Percentage of GDP | -0.8% |
| 2006 | 1.93 Percentage of GDP | -6.4% |
| 2007 | 1.97 Percentage of GDP | +1.6% |
| 2008 | 1.87 Percentage of GDP | -4.6% |
| 2009 | 2.05 Percentage of GDP | +9.5% |
| 2010 | 1.99 Percentage of GDP | -3.3% |
| 2011 | 1.98 Percentage of GDP | -0.3% |
| 2012 | 2 Percentage of GDP | +0.9% |
| 2013 | 2.08 Percentage of GDP | +3.9% |
| 2014 | 2.09 Percentage of GDP | +0.5% |
| 2015 | 2.13 Percentage of GDP | +2.0% |
| 2016 | 2.1 Percentage of GDP | -1.5% |
| 2017 | 2.07 Percentage of GDP | -1.0% |
| 2018 | 2.11 Percentage of GDP | +1.5% |
| 2019 | 2.2 Percentage of GDP | +4.4% |
| 2020 | 2.39 Percentage of GDP | +8.8% |
| 2021 | 2.29 Percentage of GDP | -4.1% |
| 2022 | 2.31 Percentage of GDP | +0.7% |
| 2023 | 2.39 Percentage of GDP | +3.5% |
| 2024 | 2.51 Percentage of GDP | +5.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.74 Percentage of GDP | 1.55 Percentage of GDP | 1.93 Percentage of GDP | 10 |
| 1990s | 2.02 Percentage of GDP | 1.8 Percentage of GDP | 2.29 Percentage of GDP | 10 |
| 2000s | 2.02 Percentage of GDP | 1.87 Percentage of GDP | 2.14 Percentage of GDP | 10 |
| 2010s | 2.07 Percentage of GDP | 1.98 Percentage of GDP | 2.2 Percentage of GDP | 10 |
| 2020s | 2.38 Percentage of GDP | 2.29 Percentage of GDP | 2.51 Percentage of GDP | 5 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 11.29 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0062 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 85.55 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 43.09 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -5.25 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0235 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 326.53 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 10.41 % change on previous year (2025)
Frequently asked questions
- What is financing of social security benefits in oecd member countries — tax in Mexico?
- Financing of social security benefits in oecd member countries — tax in Mexico was 2.51 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest financing of social security benefits in oecd member countries — tax recorded in Mexico?
- The highest recorded value was 2.51 Percentage of GDP in 2024.
- What is the lowest financing of social security benefits in oecd member countries — tax recorded in Mexico?
- The lowest recorded value was 1.55 Percentage of GDP in 1984.
- How does Mexico rank for financing of social security benefits in oecd member countries — tax?
- Mexico ranks 30th out of 33 countries with data for 2024.
- Is financing of social security benefits in oecd member countries — tax rising or falling in Mexico?
- Over the last ten years it is up 20.5%. The long-run trend across the full record is rising.
- Where does this Mexico data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Financing of social security benefits in OECD member countries — Tax revenue. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
Compulsory payments conferring entitlement to future social benefits These are usually earmarked to finance social benefits and paid to institutions of general government.