Taxes less subsidies on products (current US$), annual growth rate in Mexico
Mexico: Taxes less subsidies on products (current US$), annual growth rate was 2.57 % change on previous year in 2025. ◆ Volatile
Taxes less subsidies on products (current US$), annual growth rate in Mexico, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for taxes less subsidies on products (current us$), annual growth rate in Mexico is 2.57 % change on previous year, measured in 2025.
Compared with earlier readings it is down 75.0% on the previous year and up 598.2% over ten years.
Over the whole period, taxes less subsidies on products (current us$), annual growth rate in Mexico peaked at 56.68 % change on previous year in 1980 and was at its lowest, -40.61 % change on previous year, in 1995.
Mexico ranks 156th of 197 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current US$), annual growth rate in Mexico, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 4.01 % change on previous year | — |
| 1962 | 10.86 % change on previous year | +170.8% |
| 1963 | 8.19 % change on previous year | -24.6% |
| 1964 | 14.91 % change on previous year | +82.0% |
| 1965 | 19.35 % change on previous year | +29.8% |
| 1966 | 6.22 % change on previous year | -67.9% |
| 1967 | 18.03 % change on previous year | +190.1% |
| 1968 | 16.57 % change on previous year | -8.1% |
| 1969 | 11.72 % change on previous year | -29.3% |
| 1970 | 13.81 % change on previous year | +17.8% |
| 1971 | 9.32 % change on previous year | -32.5% |
| 1972 | 17.81 % change on previous year | +91.1% |
| 1973 | 25.11 % change on previous year | +41.0% |
| 1974 | 19.17 % change on previous year | -23.7% |
| 1975 | 51.43 % change on previous year | +168.3% |
| 1976 | -6.78 % change on previous year | -113.2% |
| 1977 | 1.13 % change on previous year | -116.7% |
| 1978 | 27.94 % change on previous year | +2368.4% |
| 1979 | 49.44 % change on previous year | +77.0% |
| 1980 | 56.68 % change on previous year | +14.6% |
| 1981 | 24.74 % change on previous year | -56.4% |
| 1982 | -18.4 % change on previous year | -174.4% |
| 1983 | -27.42 % change on previous year | +49.0% |
| 1984 | 28.17 % change on previous year | -202.7% |
| 1985 | 21.79 % change on previous year | -22.7% |
| 1986 | -40.07 % change on previous year | -283.9% |
| 1987 | 31.43 % change on previous year | -178.5% |
| 1988 | 15.28 % change on previous year | -51.4% |
| 1989 | 24.27 % change on previous year | +58.9% |
| 1990 | 20.68 % change on previous year | -14.8% |
| 1991 | 20.02 % change on previous year | -3.2% |
| 1992 | 16.09 % change on previous year | -19.6% |
| 1993 | -31.98 % change on previous year | -298.8% |
| 1994 | 15.34 % change on previous year | -148.0% |
| 1995 | -40.61 % change on previous year | -364.7% |
| 1996 | 10.76 % change on previous year | -126.5% |
| 1997 | 38.16 % change on previous year | +254.6% |
| 1998 | 17.55 % change on previous year | -54.0% |
| 1999 | 18.72 % change on previous year | +6.7% |
| 2000 | 6.22 % change on previous year | -66.8% |
| 2001 | 14.33 % change on previous year | +130.3% |
| 2002 | 5.68 % change on previous year | -60.4% |
| 2003 | -8.27 % change on previous year | -245.7% |
| 2004 | -5.1 % change on previous year | -38.4% |
| 2005 | 4.98 % change on previous year | -197.7% |
| 2006 | 1.27 % change on previous year | -74.4% |
| 2007 | 8.83 % change on previous year | +593.5% |
| 2008 | -29.13 % change on previous year | -430.0% |
| 2009 | 31.52 % change on previous year | -208.2% |
| 2010 | 15.28 % change on previous year | -51.5% |
| 2011 | -5.27 % change on previous year | -134.5% |
| 2012 | -10.1 % change on previous year | +91.7% |
| 2013 | 35.59 % change on previous year | -452.3% |
| 2014 | 36.77 % change on previous year | +3.3% |
| 2015 | -0.5164 % change on previous year | -101.4% |
| 2016 | -0.2065 % change on previous year | -60.0% |
| 2017 | -5.01 % change on previous year | +2327.4% |
| 2018 | 5.73 % change on previous year | -214.2% |
| 2019 | 9.61 % change on previous year | +67.9% |
| 2020 | -7.87 % change on previous year | -181.9% |
| 2021 | 14.03 % change on previous year | -278.2% |
| 2022 | -9.55 % change on previous year | -168.1% |
| 2023 | 52.84 % change on previous year | -653.3% |
| 2024 | 10.27 % change on previous year | -80.6% |
| 2025 | 2.57 % change on previous year | -75.0% |
Mexico compared with similar countries
- Mexico's 2.57 % change on previous year is below the median for upper middle income countries, which is 7.9 % change on previous year, 33% of the median. (55 countries reporting)
- Mexico's 2.57 % change on previous year is below the median for Latin America & Caribbean, which is 5.38 % change on previous year, 48% of the median. (38 countries reporting)
Biggest year-on-year movements
Years where Taxes less subsidies on products (current US$), annual growth rate in Mexico changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1978 | +2368.4% | 1.13 % change on previous year | 27.94 % change on previous year |
| 2017 | -2327.4% | -0.2065 % change on previous year | -5.01 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 12.21 % change on previous year | 4.01 % change on previous year | 19.35 % change on previous year | 9 |
| 1970s | 20.84 % change on previous year | -6.78 % change on previous year | 51.43 % change on previous year | 10 |
| 1980s | 11.65 % change on previous year | -40.07 % change on previous year | 56.68 % change on previous year | 10 |
| 1990s | 8.47 % change on previous year | -40.61 % change on previous year | 38.16 % change on previous year | 10 |
| 2000s | 3.03 % change on previous year | -29.13 % change on previous year | 31.52 % change on previous year | 10 |
| 2010s | 8.19 % change on previous year | -10.1 % change on previous year | 36.77 % change on previous year | 10 |
| 2020s | 10.38 % change on previous year | -9.55 % change on previous year | 52.84 % change on previous year | 6 |
Countries ranked near Mexico
- 153 Dominica 2.63 % change on previous year compare
- 154 Samoa 2.6 % change on previous year compare
- 155 Bahrain 2.59 % change on previous year compare
- 157 Gabon 2.52 % change on previous year compare
- 158 Honduras 2.34 % change on previous year compare
- 159 Indonesia 2.33 % change on previous year compare
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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0049 units per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products (current us$), annual growth rate in Mexico?
- Taxes less subsidies on products (current us$), annual growth rate in Mexico was 2.57 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), annual growth rate recorded in Mexico?
- The highest recorded value was 56.68 % change on previous year in 1980.
- What is the lowest taxes less subsidies on products (current us$), annual growth rate recorded in Mexico?
- The lowest recorded value was -40.61 % change on previous year in 1995.
- How does Mexico rank for taxes less subsidies on products (current us$), annual growth rate?
- Mexico ranks 156th out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current us$), annual growth rate rising or falling in Mexico?
- Over the last ten years it is up 598.2%. The long-run trend across the full record is volatile.
- Where does this Mexico data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.