Taxes less subsidies on products in Mexico
Mexico: Taxes less subsidies on products 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 197 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$, in 1960.
That places Mexico 15th out of 197 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products in Mexico, year by year
| Year | current US$ | 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% |
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 Republic of 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)
- Net primary income (Net income from abroad) (current LCU), annual -15.9 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 2.57 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0665 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 923.95 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 7.8 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 1.28 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 17,775 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0406 (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 197 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.