Total debt service in Mexico
Mexico: Total debt service was 9.5% in 2024. ◆ Volatile
Total debt service in Mexico, 1979–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
The most recent figure for total debt service in Mexico is 9.5%, measured in 2024.
Compared with earlier readings it is up 16.9% on the previous year and down 11.0% over ten years.
Over the whole period, total debt service in Mexico peaked at 66.1% in 1979 and was at its lowest, 8.1%, in 2023.
That places Mexico 79th out of 120 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total debt service in Mexico, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1979 | 66.1% | — |
| 1980 | 45.8% | -30.7% |
| 1981 | 47.8% | +4.5% |
| 1982 | 52.5% | +9.8% |
| 1983 | 46.8% | -10.9% |
| 1984 | 46.6% | -0.4% |
| 1985 | 45.2% | -2.9% |
| 1986 | 45.8% | +1.1% |
| 1987 | 34.2% | -25.3% |
| 1988 | 38.9% | +13.9% |
| 1989 | 34.2% | -12.0% |
| 1990 | 21.8% | -36.4% |
| 1991 | 24.6% | +13.2% |
| 1992 | 35.7% | +44.7% |
| 1993 | 37.7% | +5.7% |
| 1994 | 27.0% | -28.2% |
| 1995 | 39.2% | +45.0% |
| 1996 | 51.0% | +30.1% |
| 1997 | 47.3% | -7.3% |
| 1998 | 21.9% | -53.7% |
| 1999 | 23.3% | +6.4% |
| 2000 | 31.9% | +36.8% |
| 2001 | 27.0% | -15.4% |
| 2002 | 21.0% | -22.2% |
| 2003 | 17.4% | -17.1% |
| 2004 | 18.7% | +7.8% |
| 2005 | 15.2% | -19.1% |
| 2006 | 19.6% | +28.9% |
| 2007 | 12.5% | -36.1% |
| 2008 | 12.5% | -0.1% |
| 2009 | 12.8% | +2.6% |
| 2010 | 9.6% | -25.0% |
| 2011 | 10.8% | +12.4% |
| 2012 | 17.1% | +58.9% |
| 2013 | 9.4% | -45.3% |
| 2014 | 10.7% | +14.0% |
| 2015 | 12.5% | +17.2% |
| 2016 | 18.9% | +50.4% |
| 2017 | 14.3% | -24.2% |
| 2018 | 11.6% | -18.6% |
| 2019 | 13.3% | +14.5% |
| 2020 | 15.7% | +18.3% |
| 2021 | 14.5% | -8.0% |
| 2022 | 8.6% | -40.5% |
| 2023 | 8.1% | -5.4% |
| 2024 | 9.5% | +16.9% |
Mexico compared with similar countries
- Mexico's 9.5% is below the median for upper middle income countries, which is 14.4%, 66% of the median. (51 countries reporting)
- Mexico's 9.5% is below the median for Latin America & Caribbean, which is 19.8%, 48% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 66.1% | 66.1% | 66.1% | 1 |
| 1980s | 43.8% | 34.2% | 52.5% | 10 |
| 1990s | 33.0% | 21.8% | 51.0% | 10 |
| 2000s | 18.8% | 12.5% | 31.9% | 10 |
| 2010s | 12.8% | 9.4% | 18.9% | 10 |
| 2020s | 11.3% | 8.1% | 15.7% | 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 total debt service in Mexico?
- Total debt service in Mexico was 9.5% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Mexico?
- The highest recorded value was 66.1% in 1979.
- What is the lowest total debt service recorded in Mexico?
- The lowest recorded value was 8.1% in 2023.
- How does Mexico rank for total debt service?
- Mexico ranks 79th out of 120 countries with data for 2024.
- Is total debt service rising or falling in Mexico?
- Over the last ten years it is down 11.0%. 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 Total debt service (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Total debt service to exports of goods, services and primary income. Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.