Mexico Government Spending to GDP

General government expenditure as a percentage of GDP.

Government Spending to GDP in Mexico increased to 30.32 percent of GDP in 2024 from 28.52 percent of GDP in 2023.

30.3%
▲ +1.8 pp2024 · previous 28.5%Annual · percent of GDP · Source: IMF — Public Finances in Modern History

Mexico Government Spending to GDP — History

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Mexico Government Spending to GDP — analysis in simple words

Latest reading

Government Spending to GDP in Mexico increased to 30.32 percent of GDP in 2024 from 28.52 percent of GDP in 2023.

It has risen in each of the last three years.

Recent trend

A year earlier (2023) it was 28.5%, so the latest figure is 1.8 percentage points higher.

Over the past five years the average was 28.4%, with a range from 26.7% to 30.3%. The latest value is above that five-year average.

Historical context

This data series starts in 1900 and has 122 annual observations. The latest reading is higher than 99% of all of them.

The highest value on record is 30.3% (2024) and the lowest is 2.8% (1917). The long-run average is 13.1%.

Compared with other countries

Among 151 economies with recent data, Mexico ranks 76th from the top. The median across all these economies is 30.3%, so Mexico is below the typical country.

Among 18 major economies tracked on this site it ranks 14th.

Within Latin America & Caribbean (33 economies with data) it ranks 13th; the regional median is 27.1%.

Statistics

Latest
30.3%2024
Previous
28.5%
5-year average
28.4%
Long-run average
13.1%since 1900
All-time high
30.3%2024
All-time low
2.8%1917
Observations
122Annual

Recent Data

PeriodValueChange
202430.3%▲ +1.8 pp
202328.5%▲ +0.0 pp
202228.5%▲ +1.8 pp
202126.7%▼ −1.1 pp
202027.8%▲ +2.5 pp
201925.3%▲ +0.3 pp
201825.0%▼ −0.0 pp
201725.0%▼ −1.5 pp
201626.5%▼ −0.0 pp
201526.6%▼ −0.4 pp
201426.9%▲ +0.3 pp
201326.7%▼ −0.3 pp
201227.0%▲ +0.4 pp
201126.6%▲ +0.1 pp
201026.5%▼ −0.0 pp
200926.5%▲ +0.0 pp
200826.5%▲ +4.0 pp
200722.5%▲ +0.9 pp
200621.6%▲ +0.4 pp
200521.2%▲ +0.7 pp
200420.5%▼ −1.0 pp
200321.5%▲ +1.7 pp
200219.8%▲ +0.2 pp
200119.5%▲ +0.2 pp
200019.4%▼ −0.8 pp
199920.1%▲ +0.7 pp
199819.5%▼ −1.3 pp
199720.7%▼ −0.1 pp
199620.8%▲ +7.5 pp
199513.3%

Government Spending to GDP — Mexico vs Peers

Latest available reading for each economy (periods may differ). Mexico highlighted.

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More Mexico indicators

Understanding Government Spending to GDP — a simple guide

What it measures

General government expenditure as a percentage of GDP.

How it is calculated

Total government expenditure ÷ GDP × 100.

Simple example

28% means government spending equals 28% of GDP.

▲ When it is high or rising

A large public sector role in the economy.

▼ When it is low or falling

A smaller public sector role.

Why it matters for the economy and markets

The ratio shows the size of the public sector in the economy.

How to read it

Read with revenue: the gap between the two is the fiscal balance.

Data source

IMF — Public Finances in Modern History (series exp), annual data from 1900 to 2024. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current government spending to gdp of Mexico?
Mexico government spending to gdp was 30.3% in 2024, compared with 28.5% in the previous period, according to IMF — Public Finances in Modern History.
What is the highest and lowest government spending to gdp of Mexico?
Since 1900, the highest reading was 30.3% (2024) and the lowest was 2.8% (1917).
What does government spending to gdp measure?
General government expenditure as a percentage of GDP.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.