Government procurement share gdp in Mexico
Mexico: Government procurement share gdp was 5.31 in 2024. ▼ Falling
Latest (2024)
5.31
Change on year
up 9.1%
World rank
43rd
of 43 countries
All-time high
5.68
in 2009
All-time low
4.22
in 2007
Years of data
18
2007–2024
Government procurement share gdp in Mexico, 2007–2024
Source: Our World in Data.
Analysis
The most recent figure for government procurement share gdp in Mexico is 5.31, measured in 2024.
The figure is up 9.1% on the previous year and down 0.4% over ten years.
Over the whole period, government procurement share gdp in Mexico peaked at 5.68 in 2009 and was at its lowest, 4.22, in 2007.
Mexico ranks 43rd of 43 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 18 years of available data.
Government procurement share gdp in Mexico, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 4.22 | — |
| 2008 | 4.92 | +16.4% |
| 2009 | 5.68 | +15.5% |
| 2010 | 5.49 | -3.3% |
| 2011 | 5.33 | -3.0% |
| 2012 | 5.07 | -5.0% |
| 2013 | 5.04 | -0.4% |
| 2014 | 5.33 | +5.6% |
| 2015 | 5.05 | -5.3% |
| 2016 | 4.99 | -1.1% |
| 2017 | 4.85 | -2.8% |
| 2018 | 4.82 | -0.6% |
| 2019 | 4.42 | -8.3% |
| 2020 | 4.72 | +6.9% |
| 2021 | 4.23 | -10.3% |
| 2022 | 4.46 | +5.2% |
| 2023 | 4.87 | +9.2% |
| 2024 | 5.31 | +9.1% |
Mexico compared with similar countries
- Mexico's 5.31 is below the median for upper middle income countries, which is 9.8, 54% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.94 | 4.22 | 5.68 | 3 |
| 2010s | 5.04 | 4.42 | 5.49 | 10 |
| 2020s | 4.72 | 4.23 | 5.31 | 5 |
Countries ranked near Mexico
More economy & growth data for Mexico
- Real gdp growth, annual growth rate -56.52 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 4.18 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.009 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 124.78 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.7963 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0066 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 91.11 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 1.94 % change on previous year (2025)
Frequently asked questions
- What is government procurement share gdp in Mexico?
- Government procurement share gdp in Mexico was 5.31 in 2024, according to Our World in Data.
- What is the highest government procurement share gdp recorded in Mexico?
- The highest recorded value was 5.68 in 2009.
- What is the lowest government procurement share gdp recorded in Mexico?
- The lowest recorded value was 4.22 in 2007.
- How does Mexico rank for government procurement share gdp?
- Mexico ranks 43rd out of 43 countries with data for 2024.
- Is government procurement share gdp rising or falling in Mexico?
- Over the last ten years it is down 0.4%. The long-run trend across the full record is falling.
- Where does this Mexico data come from?
- The figures come from Our World in Data, published as part of Government procurement share gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (Our World in Data).