Total Expenditure (general government) — Value Standard Local Currency in Mexico
Mexico: Total Expenditure (general government) — Value Standard Local Currency was 8.51 million million SLC in 2024. ▲ Rising
Total Expenditure (general government) — Value Standard Local Currency in Mexico, 2013–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Mexico recorded 8.51 million million SLC for total expenditure (general government) — value standard local currency in 2024. That is the highest value across all 12 years on record.
That represents a change of up 0.3% on the previous year and up 89.0% over ten years.
Over the whole period, total expenditure (general government) — value standard local currency in Mexico peaked at 8.51 million million SLC in 2024 and was at its lowest, 4.13 million million SLC, in 2013.
Mexico ranks 20th of 114 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 12 years of available data.
Total Expenditure (general government) — Value Standard Local Currency in Mexico, year by year
| Year | million SLC | Change |
|---|---|---|
| 2013 | 4.13 million million SLC | — |
| 2014 | 4.50 million million SLC | +9.1% |
| 2015 | 4.48 million million SLC | -0.5% |
| 2016 | 4.69 million million SLC | +4.8% |
| 2017 | 4.99 million million SLC | +6.4% |
| 2018 | 5.39 million million SLC | +7.9% |
| 2019 | 5.50 million million SLC | +2.2% |
| 2020 | 6.07 million million SLC | +10.3% |
| 2021 | 6.57 million million SLC | +8.1% |
| 2022 | 7.81 million million SLC | +19.0% |
| 2023 | 8.48 million million SLC | +8.6% |
| 2024 | 8.51 million million SLC | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 4.81 million million SLC | 4.13 million million SLC | 5.50 million million SLC | 7 |
| 2020s | 7.49 million million SLC | 6.07 million million SLC | 8.51 million million SLC | 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)
- 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)
- GDP (constant LCU), annual growth rate 0.5618 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 13.92 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 193,318 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 1.69 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.1798 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is total expenditure (general government) — value standard local currency in Mexico?
- Total expenditure (general government) — value standard local currency in Mexico was 8.51 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (general government) — value standard local currency recorded in Mexico?
- The highest recorded value was 8.51 million million SLC in 2024.
- What is the lowest total expenditure (general government) — value standard local currency recorded in Mexico?
- The lowest recorded value was 4.13 million million SLC in 2013.
- How does Mexico rank for total expenditure (general government) — value standard local currency?
- Mexico ranks 20th out of 114 countries with data for 2024.
- Is total expenditure (general government) — value standard local currency rising or falling in Mexico?
- Over the last ten years it is up 89.0%. The long-run trend across the full record is rising.
- 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 (general government) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 12 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.