Total Expenditure (general government) β€” Value US$ in Mexico

Mexico: Total Expenditure (general government) β€” Value US$ was 464,720 million USD in 2024. β–² Rising

Latest (2024)
464,720 million USD
Change on year
down 2.7%
World rank
14th
of 121 countries
All-time high
477,634 million USD
in 2023
All-time low
251,353 million USD
in 2016
Years of data
12
2013–2024

Total Expenditure (general government) β€” Value US$ in Mexico, 2013–2024

0100.0k200.0k300.0k400.0k500.0k2013201820242013: 323.1k million USD2014: 338.5k million USD2015: 282.5k million USD2016: 251.4k million USD2017: 263.7k million USD2018: 280.0k million USD2019: 285.7k million USD2020: 282.7k million USD2021: 323.9k million USD2022: 388.1k million USD2023: 477.6k million USD2024: 464.7k million USD

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

In 2024, total expenditure (general government) β€” value us$ in Mexico stood at 464,720 million USD.

The figure is down 2.7% on the previous year and up 37.3% over ten years.

Over the whole period, total expenditure (general government) β€” value us$ in Mexico peaked at 477,634 million USD in 2023 and was at its lowest, 251,353 million USD, in 2016.

That places Mexico 14th out of 121 countries with data for 2024, putting it in the top quarter.

The long-run direction has been consistently rising across the 12 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2010s 289,258 million USD 251,353 million USD 338,524 million USD 7
2020s 387,414 million USD 282,663 million USD 477,634 million USD 5

Countries ranked near Mexico

  1. 11 Spain 782,394 million USD compare
  2. 12 Australia 674,904 million USD compare
  3. 13 Netherlands (Kingdom of the) 538,184 million USD compare
  4. 15 Republic of Korea 455,417 million USD
  5. 16 Poland 451,967 million USD compare
  6. 17 Belgium 362,106 million USD compare

See the full ranking of 123 places β†’

More economy & growth data for Mexico

All data for Mexico β†’

Frequently asked questions

What is total expenditure (general government) β€” value us$ in Mexico?
Total expenditure (general government) β€” value us$ in Mexico was 464,720 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest total expenditure (general government) β€” value us$ recorded in Mexico?
The highest recorded value was 477,634 million USD in 2023.
What is the lowest total expenditure (general government) β€” value us$ recorded in Mexico?
The lowest recorded value was 251,353 million USD in 2016.
How does Mexico rank for total expenditure (general government) β€” value us$?
Mexico ranks 14th out of 121 countries with data for 2024.
Is total expenditure (general government) β€” value us$ rising or falling in Mexico?
Over the last ten years it is up 37.3%. 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) β€” Value US$. Statizoid updates them automatically from the source API.

Download this data

CSV Β· JSON β€” 12 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).

About this data

Indicator
Total Expenditure (general government) β€” Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
123 places, 2,235 data points, 2001–2024
Last refreshed

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.