Total Expenditure (central government) — Value Standard Local Currency in Mexico
Mexico: Total Expenditure (central government) — Value Standard Local Currency was 7.69 million million SLC in 2024. ◆ Volatile
Total Expenditure (central government) — Value Standard Local Currency in Mexico, 2001–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, total expenditure (central government) — value standard local currency in Mexico stood at 7.69 million million SLC. That is the highest value across all 24 years on record.
That represents a change of up 14.8% on the previous year and up 115.6% over ten years.
Over the whole period, total expenditure (central government) — value standard local currency in Mexico peaked at 7.69 million million SLC in 2024 and was at its lowest, 1.03 million million SLC, in 2001.
Mexico ranks 26th of 174 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total Expenditure (central government) — Value Standard Local Currency in Mexico, year by year
| Year | million SLC | Change |
|---|---|---|
| 2001 | 1.03 million million SLC | — |
| 2002 | 1.16 million million SLC | +12.7% |
| 2003 | 1.26 million million SLC | +9.1% |
| 2004 | 1.39 million million SLC | +10.4% |
| 2005 | 1.54 million million SLC | +10.9% |
| 2006 | 1.77 million million SLC | +14.6% |
| 2007 | 1.96 million million SLC | +11.0% |
| 2008 | 2.27 million million SLC | +15.7% |
| 2009 | 2.30 million million SLC | +1.1% |
| 2010 | 2.47 million million SLC | +7.8% |
| 2011 | 2.72 million million SLC | +9.8% |
| 2012 | 2.90 million million SLC | +6.6% |
| 2013 | 3.27 million million SLC | +12.8% |
| 2014 | 3.57 million million SLC | +9.2% |
| 2015 | 3.74 million million SLC | +4.8% |
| 2016 | 3.92 million million SLC | +5.0% |
| 2017 | 4.13 million million SLC | +5.3% |
| 2018 | 4.46 million million SLC | +8.0% |
| 2019 | 4.55 million million SLC | +1.9% |
| 2020 | 4.81 million million SLC | +5.8% |
| 2021 | 5.19 million million SLC | +7.9% |
| 2022 | 6.28 million million SLC | +21.0% |
| 2023 | 6.70 million million SLC | +6.6% |
| 2024 | 7.69 million million SLC | +14.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.63 million million SLC | 1.03 million million SLC | 2.30 million million SLC | 9 |
| 2010s | 3.57 million million SLC | 2.47 million million SLC | 4.55 million million SLC | 10 |
| 2020s | 6.13 million million SLC | 4.81 million million SLC | 7.69 million million SLC | 5 |
Countries ranked near Mexico
- 23 Algeria 13.23 million million SLC compare
- 24 Madagascar 12.69 million million SLC compare
- 25 Costa Rica 9.70 million million SLC compare
- 27 Bangladesh 6.11 million million SLC compare
- 28 Malawi 6.00 million million SLC compare
- 29 Philippines 5.77 million million SLC 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)
- GDP (current US$), annual growth rate 0.1175 % change on previous year (2025)
- GDP (current US$), per capita 13,889 current US$ per person (2025)
- GDP (current LCU), annual growth rate 5.22 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 19.24 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 267,194 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 0.5618 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.7385 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 10,257 constant 2015 US$ per person (2025)
Frequently asked questions
- What is total expenditure (central government) — value standard local currency in Mexico?
- Total expenditure (central government) — value standard local currency in Mexico was 7.69 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value standard local currency recorded in Mexico?
- The highest recorded value was 7.69 million million SLC in 2024.
- What is the lowest total expenditure (central government) — value standard local currency recorded in Mexico?
- The lowest recorded value was 1.03 million million SLC in 2001.
- How does Mexico rank for total expenditure (central government) — value standard local currency?
- Mexico ranks 26th out of 174 countries with data for 2024.
- Is total expenditure (central government) — value standard local currency rising or falling in Mexico?
- Over the last ten years it is up 115.6%. The long-run trend across the full record is volatile.
- Where does this Mexico data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (central government) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.