Debt service on external debt, public and publicly guaranteed (PPG) in Mexico
Mexico: Debt service on external debt, public and publicly guaranteed (PPG) was 0.0212 TDS, current US$ per US$ of GDP in 2024. ▼ Falling
Debt service on external debt, public and publicly guaranteed (PPG) in Mexico, 1970–2024
Source: Statizoid (derived). Measured in TDS, current US$ per US$ of GDP.
Analysis
The most recent figure for debt service on external debt, public and publicly guaranteed (ppg) in Mexico is 0.0212 TDS, current US$ per US$ of GDP, measured in 2024.
The figure is up 40.6% on the previous year and up 50.1% over ten years.
Over the whole period, debt service on external debt, public and publicly guaranteed (ppg) in Mexico peaked at 0.0747 TDS, current US$ per US$ of GDP in 1979 and was at its lowest, 0.0141 TDS, current US$ per US$ of GDP, in 2014.
That places Mexico 61st out of 122 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 55 years of available data.
Debt service on external debt, public and publicly guaranteed (PPG) in Mexico, year by year
| Year | TDS, current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.0199 TDS, current US$ per US$ of GDP | — |
| 1971 | 0.0187 TDS, current US$ per US$ of GDP | -5.6% |
| 1972 | 0.0191 TDS, current US$ per US$ of GDP | +2.0% |
| 1973 | 0.0197 TDS, current US$ per US$ of GDP | +3.2% |
| 1974 | 0.0167 TDS, current US$ per US$ of GDP | -15.5% |
| 1975 | 0.0181 TDS, current US$ per US$ of GDP | +8.7% |
| 1976 | 0.0252 TDS, current US$ per US$ of GDP | +39.2% |
| 1977 | 0.0436 TDS, current US$ per US$ of GDP | +72.7% |
| 1978 | 0.0616 TDS, current US$ per US$ of GDP | +41.3% |
| 1979 | 0.0747 TDS, current US$ per US$ of GDP | +21.2% |
| 1980 | 0.0385 TDS, current US$ per US$ of GDP | -48.5% |
| 1981 | 0.0324 TDS, current US$ per US$ of GDP | -15.7% |
| 1982 | 0.0511 TDS, current US$ per US$ of GDP | +57.5% |
| 1983 | 0.0733 TDS, current US$ per US$ of GDP | +43.4% |
| 1984 | 0.0613 TDS, current US$ per US$ of GDP | -16.3% |
| 1985 | 0.0543 TDS, current US$ per US$ of GDP | -11.5% |
| 1986 | 0.0641 TDS, current US$ per US$ of GDP | +18.2% |
| 1987 | 0.0587 TDS, current US$ per US$ of GDP | -8.5% |
| 1988 | 0.0547 TDS, current US$ per US$ of GDP | -6.8% |
| 1989 | 0.043 TDS, current US$ per US$ of GDP | -21.4% |
| 1990 | 0.0301 TDS, current US$ per US$ of GDP | -30.0% |
| 1991 | 0.0296 TDS, current US$ per US$ of GDP | -1.5% |
| 1992 | 0.0422 TDS, current US$ per US$ of GDP | +42.4% |
| 1993 | 0.02 TDS, current US$ per US$ of GDP | -52.6% |
| 1994 | 0.0213 TDS, current US$ per US$ of GDP | +6.4% |
| 1995 | 0.0407 TDS, current US$ per US$ of GDP | +91.5% |
| 1996 | 0.0619 TDS, current US$ per US$ of GDP | +52.0% |
| 1997 | 0.0541 TDS, current US$ per US$ of GDP | -12.7% |
| 1998 | 0.0316 TDS, current US$ per US$ of GDP | -41.5% |
| 1999 | 0.0255 TDS, current US$ per US$ of GDP | -19.5% |
| 2000 | 0.0334 TDS, current US$ per US$ of GDP | +31.3% |
| 2001 | 0.0307 TDS, current US$ per US$ of GDP | -8.1% |
| 2002 | 0.024 TDS, current US$ per US$ of GDP | -22.0% |
| 2003 | 0.0288 TDS, current US$ per US$ of GDP | +20.2% |
| 2004 | 0.0307 TDS, current US$ per US$ of GDP | +6.5% |
| 2005 | 0.0253 TDS, current US$ per US$ of GDP | -17.5% |
| 2006 | 0.038 TDS, current US$ per US$ of GDP | +50.3% |
| 2007 | 0.0195 TDS, current US$ per US$ of GDP | -48.8% |
| 2008 | 0.019 TDS, current US$ per US$ of GDP | -2.6% |
| 2009 | 0.019 TDS, current US$ per US$ of GDP | -0.1% |
| 2010 | 0.0179 TDS, current US$ per US$ of GDP | -5.5% |
| 2011 | 0.016 TDS, current US$ per US$ of GDP | -10.5% |
| 2012 | 0.0297 TDS, current US$ per US$ of GDP | +85.0% |
| 2013 | 0.0169 TDS, current US$ per US$ of GDP | -42.9% |
| 2014 | 0.0141 TDS, current US$ per US$ of GDP | -16.5% |
| 2015 | 0.0216 TDS, current US$ per US$ of GDP | +52.8% |
| 2016 | 0.0367 TDS, current US$ per US$ of GDP | +69.9% |
| 2017 | 0.0305 TDS, current US$ per US$ of GDP | -16.8% |
| 2018 | 0.0246 TDS, current US$ per US$ of GDP | -19.3% |
| 2019 | 0.0324 TDS, current US$ per US$ of GDP | +31.6% |
| 2020 | 0.0374 TDS, current US$ per US$ of GDP | +15.4% |
| 2021 | 0.0395 TDS, current US$ per US$ of GDP | +5.6% |
| 2022 | 0.0167 TDS, current US$ per US$ of GDP | -57.7% |
| 2023 | 0.0151 TDS, current US$ per US$ of GDP | -9.8% |
| 2024 | 0.0212 TDS, current US$ per US$ of GDP | +40.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0317 TDS, current US$ per US$ of GDP | 0.0167 TDS, current US$ per US$ of GDP | 0.0747 TDS, current US$ per US$ of GDP | 10 |
| 1980s | 0.0531 TDS, current US$ per US$ of GDP | 0.0324 TDS, current US$ per US$ of GDP | 0.0733 TDS, current US$ per US$ of GDP | 10 |
| 1990s | 0.0357 TDS, current US$ per US$ of GDP | 0.02 TDS, current US$ per US$ of GDP | 0.0619 TDS, current US$ per US$ of GDP | 10 |
| 2000s | 0.0268 TDS, current US$ per US$ of GDP | 0.019 TDS, current US$ per US$ of GDP | 0.038 TDS, current US$ per US$ of GDP | 10 |
| 2010s | 0.024 TDS, current US$ per US$ of GDP | 0.0141 TDS, current US$ per US$ of GDP | 0.0367 TDS, current US$ per US$ of GDP | 10 |
| 2020s | 0.026 TDS, current US$ per US$ of GDP | 0.0151 TDS, current US$ per US$ of GDP | 0.0395 TDS, current US$ per US$ of GDP | 5 |
Countries ranked near Mexico
- 58 Türkiye 0.0218 TDS, current US$ per US$ of GDP compare
- 59 Togo 0.0216 TDS, current US$ per US$ of GDP compare
- 60 Turkmenistan 0.0214 TDS, current US$ per US$ of GDP compare
- 62 Haiti 0.0211 TDS, current US$ per US$ of GDP compare
- 63 Philippines 0.021 TDS, current US$ per US$ of GDP compare
- 64 Papua New Guinea 0.0202 TDS, current US$ per US$ of GDP compare
More external debt data for Mexico
- IFC, private nonguaranteed 47.84 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 0.3656 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 12.2 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 2.2% (2024)
- Net financial flows, IBRD -53.70 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 5.5% (2024)
- Net financial flows, IBRD (NFL, current US$), annual growth rate 95.58 % change on previous year (2024)
- Other investment, Debt instruments 158.54 billion US dollar (2025)
- Use of IMF credit 14.86 billion DOD, current US$ (2024)
Frequently asked questions
- What is debt service on external debt, public and publicly guaranteed (ppg) in Mexico?
- Debt service on external debt, public and publicly guaranteed (ppg) in Mexico was 0.0212 TDS, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest debt service on external debt, public and publicly guaranteed (ppg) recorded in Mexico?
- The highest recorded value was 0.0747 TDS, current US$ per US$ of GDP in 1979.
- What is the lowest debt service on external debt, public and publicly guaranteed (ppg) recorded in Mexico?
- The lowest recorded value was 0.0141 TDS, current US$ per US$ of GDP in 2014.
- How does Mexico rank for debt service on external debt, public and publicly guaranteed (ppg)?
- Mexico ranks 61st out of 122 countries with data for 2024.
- Is debt service on external debt, public and publicly guaranteed (ppg) rising or falling in Mexico?
- Over the last ten years it is up 50.1%. The long-run trend across the full record is falling.
- Where does this Mexico data come from?
- The figures come from Statizoid (derived), published as part of Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) ÷ GDP (current US$)
Computed from
- Debt service on external debt, public and publicly guaranteed (PPG) International Debt Statistics, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.