Taxes less subsidies on products (current US$) in Mexico
Mexico: Taxes less subsidies on products (current US$) was 121.91 billion current US$ in 2025. ◆ Volatile
Latest (2025)
121.91 billion current US$
Change on year
up 2.6%
World rank
15th
of 199 countries
All-time high
121.91 billion current US$
in 2025
All-time low
544.57 million current US$
in 1960
Years of data
66
1960–2025
Taxes less subsidies on products in Mexico, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2025, taxes less subsidies on products in Mexico stood at 121.91 billion current US$. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 2.6% on the previous year and up 80.4% over ten years.
Over the whole period, taxes less subsidies on products in Mexico peaked at 121.91 billion current US$ in 2025 and was at its lowest, 544.57 million current US$, in 1960.
That places Mexico 15th out of 199 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current US$) in Mexico, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 544.57 million current US$ | — |
| 1961 | 566.41 million current US$ | +4.0% |
| 1962 | 627.93 million current US$ | +10.9% |
| 1963 | 679.37 million current US$ | +8.2% |
| 1964 | 780.65 million current US$ | +14.9% |
| 1965 | 931.71 million current US$ | +19.4% |
| 1966 | 989.64 million current US$ | +6.2% |
| 1967 | 1.17 billion current US$ | +18.0% |
| 1968 | 1.36 billion current US$ | +16.6% |
| 1969 | 1.52 billion current US$ | +11.7% |
| 1970 | 1.73 billion current US$ | +13.8% |
| 1971 | 1.89 billion current US$ | +9.3% |
| 1972 | 2.23 billion current US$ | +17.8% |
| 1973 | 2.79 billion current US$ | +25.1% |
| 1974 | 3.32 billion current US$ | +19.2% |
| 1975 | 5.03 billion current US$ | +51.4% |
| 1976 | 4.69 billion current US$ | -6.8% |
| 1977 | 4.75 billion current US$ | +1.1% |
| 1978 | 6.07 billion current US$ | +27.9% |
| 1979 | 9.07 billion current US$ | +49.4% |
| 1980 | 14.22 billion current US$ | +56.7% |
| 1981 | 17.73 billion current US$ | +24.7% |
| 1982 | 14.47 billion current US$ | -18.4% |
| 1983 | 10.50 billion current US$ | -27.4% |
| 1984 | 13.46 billion current US$ | +28.2% |
| 1985 | 16.39 billion current US$ | +21.8% |
| 1986 | 9.83 billion current US$ | -40.1% |
| 1987 | 12.91 billion current US$ | +31.4% |
| 1988 | 14.89 billion current US$ | +15.3% |
| 1989 | 18.50 billion current US$ | +24.3% |
| 1990 | 22.33 billion current US$ | +20.7% |
| 1991 | 26.80 billion current US$ | +20.0% |
| 1992 | 31.11 billion current US$ | +16.1% |
| 1993 | 21.16 billion current US$ | -32.0% |
| 1994 | 24.41 billion current US$ | +15.3% |
| 1995 | 14.50 billion current US$ | -40.6% |
| 1996 | 16.06 billion current US$ | +10.8% |
| 1997 | 22.18 billion current US$ | +38.2% |
| 1998 | 26.08 billion current US$ | +17.6% |
| 1999 | 30.96 billion current US$ | +18.7% |
| 2000 | 32.88 billion current US$ | +6.2% |
| 2001 | 37.60 billion current US$ | +14.3% |
| 2002 | 39.73 billion current US$ | +5.7% |
| 2003 | 36.45 billion current US$ | -8.3% |
| 2004 | 34.59 billion current US$ | -5.1% |
| 2005 | 36.31 billion current US$ | +5.0% |
| 2006 | 36.77 billion current US$ | +1.3% |
| 2007 | 40.02 billion current US$ | +8.8% |
| 2008 | 28.36 billion current US$ | -29.1% |
| 2009 | 37.30 billion current US$ | +31.5% |
| 2010 | 43.00 billion current US$ | +15.3% |
| 2011 | 40.74 billion current US$ | -5.3% |
| 2012 | 36.62 billion current US$ | -10.1% |
| 2013 | 49.65 billion current US$ | +35.6% |
| 2014 | 67.91 billion current US$ | +36.8% |
| 2015 | 67.56 billion current US$ | -0.5% |
| 2016 | 67.42 billion current US$ | -0.2% |
| 2017 | 64.04 billion current US$ | -5.0% |
| 2018 | 67.71 billion current US$ | +5.7% |
| 2019 | 74.22 billion current US$ | +9.6% |
| 2020 | 68.38 billion current US$ | -7.9% |
| 2021 | 77.97 billion current US$ | +14.0% |
| 2022 | 70.52 billion current US$ | -9.5% |
| 2023 | 107.78 billion current US$ | +52.8% |
| 2024 | 118.86 billion current US$ | +10.3% |
| 2025 | 121.91 billion current US$ | +2.6% |
Mexico compared with similar countries
- Mexico's 121.91 billion current US$ is above the median for upper middle income countries, which is 3.44 billion current US$, 35.5× the median. (55 countries reporting)
- Mexico's 121.91 billion current US$ is above the median for Latin America & Caribbean, which is 1.67 billion current US$, 73.1× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 917.13 million current US$ | 544.57 million current US$ | 1.52 billion current US$ | 10 |
| 1970s | 4.16 billion current US$ | 1.73 billion current US$ | 9.07 billion current US$ | 10 |
| 1980s | 14.29 billion current US$ | 9.83 billion current US$ | 18.50 billion current US$ | 10 |
| 1990s | 23.56 billion current US$ | 14.50 billion current US$ | 31.11 billion current US$ | 10 |
| 2000s | 36.00 billion current US$ | 28.36 billion current US$ | 40.02 billion current US$ | 10 |
| 2010s | 57.89 billion current US$ | 36.62 billion current US$ | 74.22 billion current US$ | 10 |
| 2020s | 94.24 billion current US$ | 68.38 billion current US$ | 121.91 billion current US$ | 6 |
Countries ranked near Mexico
- 12 Netherlands 136.31 billion current US$ compare
- 13 South Korea 130.66 billion current US$ compare
- 14 Poland 123.95 billion current US$ compare
- 16 Australia 115.11 billion current US$ compare
- 17 Argentina 105.47 billion current US$ compare
- 18 Saudi Arabia 70.39 billion current US$ 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 in Mexico?
- Taxes less subsidies on products in Mexico was 121.91 billion current US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Mexico?
- The highest recorded value was 121.91 billion current US$ in 2025.
- What is the lowest taxes less subsidies on products recorded in Mexico?
- The lowest recorded value was 544.57 million current US$ in 1960.
- How does Mexico rank for taxes less subsidies on products?
- Mexico ranks 15th out of 199 countries with data for 2025.
- Is taxes less subsidies on products rising or falling in Mexico?
- Over the last ten years it is up 80.4%. The long-run trend across the full record is volatile.
- Where does this Mexico data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current US$). Statizoid updates them automatically from the source API.
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About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.