Gross public sector debt, Central Government, as a proportion of GDP in Mexico

Mexico: Gross public sector debt, Central Government, as a proportion of GDP was 46.0% in 2024. ▲ Rising

Latest (2024)
46.0%
Change on year
up 15.4%
World rank
33rd
of 53 countries
All-time high
46.0%
in 2024
All-time low
22.9%
in 2008
Years of data
17
2008–2024

Gross public sector debt, Central Government, as a proportion of GDP in Mexico, 2008–2024

010203040502008201620242008: 22.92009: 26.22010: 25.72011: 26.62012: 26.92013: 29.52014: 31.42015: 33.82016: 35.92017: 34.32018: 34.42019: 35.22020: 40.32021: 40.12022: 39.42023: 39.82024: 46

Source: United Nations Statistics Division, SDG Global Database.

Analysis

In 2024, gross public sector debt, central government, as a proportion of gdp in Mexico stood at 46.0%. That is the highest value across all 17 years on record.

That represents a change of up 15.4% on the previous year and up 46.3% over ten years.

Over the whole period, gross public sector debt, central government, as a proportion of gdp in Mexico peaked at 46.0% in 2024 and was at its lowest, 22.9%, in 2008.

That places Mexico 33rd out of 53 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 17 years of available data.

Gross public sector debt, Central Government, as a proportion of GDP in Mexico, year by year

Annual values for Gross public sector debt, Central Government, as a proportion of GDP (%) in Mexico, 2008 to 2024.
Year Value Change
2008 22.9%
2009 26.2% +14.1%
2010 25.7% -1.7%
2011 26.6% +3.2%
2012 26.9% +1.4%
2013 29.5% +9.6%
2014 31.4% +6.5%
2015 33.8% +7.4%
2016 35.9% +6.2%
2017 34.3% -4.5%
2018 34.4% +0.4%
2019 35.2% +2.2%
2020 40.3% +14.6%
2021 40.1% -0.5%
2022 39.4% -1.7%
2023 39.8% +1.2%
2024 46.0% +15.4%

Averages by decade

DecadeAverage LowestHighest Years
2000s 24.6% 22.9% 26.2% 2
2010s 31.4% 25.7% 35.9% 10
2020s 41.1% 39.4% 46.0% 5

Countries ranked near Mexico

  1. 30 Seychelles 46.8% compare
  2. 31 Netherlands (Kingdom of the) 46.4% compare
  3. 32 Malta 46.0% compare
  4. 34 Republic of Korea 45.4% compare
  5. 34 Korea 45.4% compare
  6. 36 Germany 43.7% compare

See the full ranking of 54 places →

More economy & growth data for Mexico

All data for Mexico →

Frequently asked questions

What is gross public sector debt, central government, as a proportion of gdp in Mexico?
Gross public sector debt, central government, as a proportion of gdp in Mexico was 46.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest gross public sector debt, central government, as a proportion of gdp recorded in Mexico?
The highest recorded value was 46.0% in 2024.
What is the lowest gross public sector debt, central government, as a proportion of gdp recorded in Mexico?
The lowest recorded value was 22.9% in 2008.
How does Mexico rank for gross public sector debt, central government, as a proportion of gdp?
Mexico ranks 33rd out of 53 countries with data for 2024.
Is gross public sector debt, central government, as a proportion of gdp rising or falling in Mexico?
Over the last ten years it is up 46.3%. The long-run trend across the full record is rising.
Where does this Mexico data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Gross public sector debt, Central Government, as a proportion of GDP (%). Statizoid updates them automatically from the source API.

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Gross public sector debt, Central Government, as a proportion of GDP in Mexico. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 11 September 2026, from https://economy.statizoid.com/stat/gross-public-sector-debt-central-government-as-a-proportion-of-gdp-percent/mexico/

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About this data

Indicator
Gross public sector debt, Central Government, as a proportion of GDP (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
54 places, 1,115 data points, 2000–2024
Last refreshed