Short-term debt in Mexico
Mexico: Short-term debt was 26.4% in 2024. ◆ Volatile
Latest (2024)
26.4%
Change on year
down 6.2%
World rank
52nd
of 111 countries
All-time high
1,474.4%
in 1982
All-time low
22.6%
in 2021
Years of data
55
1970–2024
Short-term debt in Mexico, 1970–2024
Source: World Development Indicators, World Bank (WB). Measured in % of total reserves.
Analysis
In 2024, short-term debt in Mexico stood at 26.4%.
The figure is down 6.2% on the previous year and down 36.7% over ten years.
Over the whole period, short-term debt in Mexico peaked at 1,474.4% in 1982 and was at its lowest, 22.6%, in 2021.
Mexico ranks 52nd of 111 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 total reserves | Change |
|---|---|---|
| 1970 | 132.5% | — |
| 1971 | 109.8% | -17.1% |
| 1972 | 91.1% | -17.1% |
| 1973 | 90.0% | -1.2% |
| 1974 | 104.4% | +16.0% |
| 1975 | 138.2% | +32.4% |
| 1976 | 245.5% | +77.6% |
| 1977 | 281.3% | +14.6% |
| 1978 | 218.0% | -22.5% |
| 1979 | 259.9% | +19.2% |
| 1980 | 387.1% | +49.0% |
| 1981 | 502.5% | +29.8% |
| 1982 | 1,474.4% | +193.4% |
| 1983 | 211.7% | -85.6% |
| 1984 | 80.4% | -62.0% |
| 1985 | 96.0% | +19.3% |
| 1986 | 88.4% | -7.9% |
| 1987 | 42.4% | -52.1% |
| 1988 | 124.5% | +194.0% |
| 1989 | 128.5% | +3.2% |
| 1990 | 157.4% | +22.5% |
| 1991 | 121.1% | -23.1% |
| 1992 | 128.0% | +5.7% |
| 1993 | 143.3% | +12.0% |
| 1994 | 610.5% | +326.0% |
| 1995 | 218.8% | -64.2% |
| 1996 | 152.8% | -30.2% |
| 1997 | 96.6% | -36.8% |
| 1998 | 82.6% | -14.5% |
| 1999 | 75.6% | -8.5% |
| 2000 | 53.2% | -29.6% |
| 2001 | 32.5% | -38.9% |
| 2002 | 47.2% | +45.2% |
| 2003 | 38.8% | -17.8% |
| 2004 | 31.6% | -18.4% |
| 2005 | 30.0% | -5.3% |
| 2006 | 34.4% | +14.8% |
| 2007 | 31.4% | -8.8% |
| 2008 | 25.4% | -19.1% |
| 2009 | 25.6% | +0.8% |
| 2010 | 35.7% | +39.6% |
| 2011 | 35.1% | -1.6% |
| 2012 | 45.4% | +29.3% |
| 2013 | 51.3% | +13.0% |
| 2014 | 41.6% | -18.9% |
| 2015 | 36.5% | -12.4% |
| 2016 | 26.4% | -27.6% |
| 2017 | 25.0% | -5.3% |
| 2018 | 31.8% | +27.2% |
| 2019 | 30.3% | -4.8% |
| 2020 | 23.3% | -23.1% |
| 2021 | 22.6% | -2.8% |
| 2022 | 27.2% | +20.3% |
| 2023 | 28.1% | +3.2% |
| 2024 | 26.4% | -6.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 167.1% | 90.0% | 281.3% | 10 |
| 1980s | 313.6% | 42.4% | 1,474.4% | 10 |
| 1990s | 178.7% | 75.6% | 610.5% | 10 |
| 2000s | 35.0% | 25.4% | 53.2% | 10 |
| 2010s | 35.9% | 25.0% | 51.3% | 10 |
| 2020s | 25.5% | 22.6% | 28.1% | 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)
- Services, value added (constant LCU), per capita 116,654 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 4.63 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth -0.0526 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9335 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 12,965 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.04 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 17.96 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 249,419 current LCU per person (2025)
Frequently asked questions
- What is short-term debt in Mexico?
- Short-term debt in Mexico was 26.4% in 2024, according to World Development Indicators, World Bank (WB).
- What is the highest short-term debt recorded in Mexico?
- The highest recorded value was 1,474.4% in 1982.
- What is the lowest short-term debt recorded in Mexico?
- The lowest recorded value was 22.6% in 2021.
- How does Mexico rank for short-term debt?
- Mexico ranks 52nd out of 111 countries with data for 2024.
- Is short-term debt rising or falling in Mexico?
- Over the last ten years it is down 36.7%. The long-run trend across the full record is volatile.
- Where does this Mexico data come from?
- The figures come from World Development Indicators, World Bank (WB), published as part of Short-term debt (% of total reserves). Statizoid updates them automatically from the source API.
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About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total reserves includes gold.