Short-term debt in Mexico
Mexico: Short-term debt was 8.7% in 2024. ◆ Volatile
Short-term debt in Mexico, 1979–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
In 2024, short-term debt in Mexico stood at 8.7%.
That represents a change of down 3.1% on the previous year and down 53.1% over ten years.
Over the whole period, short-term debt in Mexico peaked at 93.8% in 1982 and was at its lowest, 7.4%, in 2008.
Mexico ranks 77th of 119 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt in Mexico, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1979 | 50.0% | — |
| 1980 | 72.7% | +45.4% |
| 1981 | 89.8% | +23.6% |
| 1982 | 93.8% | +4.5% |
| 1983 | 35.1% | -62.6% |
| 1984 | 19.7% | -43.8% |
| 1985 | 18.2% | -7.9% |
| 1986 | 24.6% | +35.5% |
| 1987 | 19.4% | -21.2% |
| 1988 | 24.6% | +27.0% |
| 1989 | 23.9% | -2.8% |
| 1990 | 38.5% | +61.0% |
| 1991 | 50.5% | +31.1% |
| 1992 | 55.4% | +9.7% |
| 1993 | 76.1% | +37.4% |
| 1994 | 72.7% | -4.4% |
| 1995 | 55.8% | -23.3% |
| 1996 | 37.6% | -32.6% |
| 1997 | 31.4% | -16.5% |
| 1998 | 19.6% | -37.5% |
| 1999 | 15.8% | -19.6% |
| 2000 | 10.2% | -35.4% |
| 2001 | 8.2% | -19.2% |
| 2002 | 13.2% | +60.2% |
| 2003 | 12.3% | -6.8% |
| 2004 | 9.6% | -21.9% |
| 2005 | 9.2% | -3.8% |
| 2006 | 9.4% | +1.8% |
| 2007 | 9.0% | -4.4% |
| 2008 | 7.4% | -17.3% |
| 2009 | 10.0% | +34.0% |
| 2010 | 13.0% | +30.8% |
| 2011 | 13.7% | +4.9% |
| 2012 | 18.7% | +36.9% |
| 2013 | 22.1% | +18.0% |
| 2014 | 18.5% | -16.0% |
| 2015 | 15.4% | -17.1% |
| 2016 | 11.3% | -26.6% |
| 2017 | 9.6% | -15.2% |
| 2018 | 11.1% | +16.2% |
| 2019 | 10.7% | -4.1% |
| 2020 | 10.2% | -4.4% |
| 2021 | 8.6% | -15.7% |
| 2022 | 8.4% | -1.8% |
| 2023 | 9.0% | +6.3% |
| 2024 | 8.7% | -3.1% |
Mexico compared with similar countries
- Mexico's 8.7% is below the median for upper middle income countries, which is 17.7%, 49% of the median. (51 countries reporting)
- Mexico's 8.7% is below the median for Latin America & Caribbean, which is 14.1%, 62% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 50.0% | 50.0% | 50.0% | 1 |
| 1980s | 42.2% | 18.2% | 93.8% | 10 |
| 1990s | 45.3% | 15.8% | 76.1% | 10 |
| 2000s | 9.8% | 7.4% | 13.2% | 10 |
| 2010s | 14.4% | 9.6% | 22.1% | 10 |
| 2020s | 9.0% | 8.4% | 10.2% | 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 short-term debt in Mexico?
- Short-term debt in Mexico was 8.7% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Mexico?
- The highest recorded value was 93.8% in 1982.
- What is the lowest short-term debt recorded in Mexico?
- The lowest recorded value was 7.4% in 2008.
- How does Mexico rank for short-term debt?
- Mexico ranks 77th out of 119 countries with data for 2024.
- Is short-term debt rising or falling in Mexico?
- Over the last ten years it is down 53.1%. The long-run trend across the full record is volatile.
- Where does this Mexico data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Short-term debt (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.