Total debt service in Mexico
Mexico: Total debt service was 3.8% in 2024. ▼ Falling
Total debt service in Mexico, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
In 2024, total debt service in Mexico stood at 3.8%.
That represents a change of up 20.5% on the previous year and up 6.7% over ten years.
Over the whole period, total debt service in Mexico peaked at 10.2% in 1986 and was at its lowest, 2.9%, in 2010.
Mexico ranks 65th of 121 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 55 years of available data.
Total debt service in Mexico, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 3.8% | — |
| 1971 | 3.6% | -5.1% |
| 1972 | 3.5% | -2.6% |
| 1973 | 3.5% | -0.5% |
| 1974 | 3.0% | -13.0% |
| 1975 | 3.0% | +1.1% |
| 1976 | 3.9% | +27.2% |
| 1977 | 5.9% | +53.2% |
| 1978 | 7.5% | +25.6% |
| 1979 | 8.9% | +19.3% |
| 1980 | 5.5% | -38.0% |
| 1981 | 5.7% | +2.7% |
| 1982 | 9.1% | +60.9% |
| 1983 | 10.1% | +10.8% |
| 1984 | 9.8% | -3.4% |
| 1985 | 8.2% | -15.7% |
| 1986 | 10.2% | +24.1% |
| 1987 | 8.6% | -15.7% |
| 1988 | 8.9% | +3.3% |
| 1989 | 7.3% | -17.7% |
| 1990 | 4.5% | -38.7% |
| 1991 | 4.5% | -0.7% |
| 1992 | 5.9% | +31.9% |
| 1993 | 4.7% | -20.7% |
| 1994 | 3.7% | -20.0% |
| 1995 | 7.1% | +91.8% |
| 1996 | 9.7% | +35.6% |
| 1997 | 8.2% | -15.1% |
| 1998 | 5.4% | -34.4% |
| 1999 | 5.8% | +6.5% |
| 2000 | 8.1% | +41.7% |
| 2001 | 6.1% | -25.2% |
| 2002 | 4.7% | -22.1% |
| 2003 | 4.3% | -10.0% |
| 2004 | 4.9% | +14.3% |
| 2005 | 4.0% | -17.4% |
| 2006 | 5.4% | +34.8% |
| 2007 | 3.5% | -35.5% |
| 2008 | 3.5% | +1.0% |
| 2009 | 3.5% | -0.1% |
| 2010 | 2.9% | -17.9% |
| 2011 | 3.4% | +17.8% |
| 2012 | 5.7% | +65.5% |
| 2013 | 3.1% | -46.1% |
| 2014 | 3.5% | +15.7% |
| 2015 | 4.5% | +26.5% |
| 2016 | 7.2% | +62.4% |
| 2017 | 5.6% | -22.2% |
| 2018 | 4.8% | -15.0% |
| 2019 | 5.5% | +13.8% |
| 2020 | 6.6% | +20.9% |
| 2021 | 6.2% | -6.4% |
| 2022 | 3.9% | -36.9% |
| 2023 | 3.1% | -19.9% |
| 2024 | 3.8% | +20.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.7% | 3.0% | 8.9% | 10 |
| 1980s | 8.3% | 5.5% | 10.2% | 10 |
| 1990s | 5.9% | 3.7% | 9.7% | 10 |
| 2000s | 4.8% | 3.5% | 8.1% | 10 |
| 2010s | 4.6% | 2.9% | 7.2% | 10 |
| 2020s | 4.7% | 3.1% | 6.6% | 5 |
Countries ranked near Mexico
- 62 Mauritania 3.8% compare
- 63 Lesotho 3.8% compare
- 64 Saint Vincent and the Grenadines 3.8% compare
- 66 Thailand 3.5% compare
- 67 Ghana 3.5% compare
- 68 Philippines 3.5% 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)
- Industry (including construction), value added (constant 2015 US$) -1.27 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2085 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 2,896 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual -1.27 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 4.27 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 59,328 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 0.5468 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.589 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is total debt service in Mexico?
- Total debt service in Mexico was 3.8% 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 10.2% in 1986.
- What is the lowest total debt service recorded in Mexico?
- The lowest recorded value was 2.9% in 2010.
- How does Mexico rank for total debt service?
- Mexico ranks 65th out of 121 countries with data for 2024.
- Is total debt service rising or falling in Mexico?
- Over the last ten years it is up 6.7%. The long-run trend across the full record is falling.
- 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 GNI). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.