Debt service on external debt, public and publicly guaranteed (PPG) in Mexico
Mexico: Debt service on external debt, public and publicly guaranteed (PPG) was 38.81 billion TDS, current US$ in 2024. ◆ Volatile
Latest (2024)
38.81 billion TDS, current US$
Change on year
up 43.4%
World rank
3rd
of 122 countries
All-time high
52.02 billion TDS, current US$
in 2021
All-time low
705.12 million TDS, current US$
in 1970
Years of data
55
1970–2024
Debt service on external debt, public and publicly guaranteed (PPG) in Mexico, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in TDS, current US$.
Analysis
In 2024, debt service on external debt, public and publicly guaranteed (ppg) in Mexico stood at 38.81 billion TDS, current US$.
Compared with earlier readings it is up 43.4% on the previous year and up 101.3% over ten years.
Over the whole period, debt service on external debt, public and publicly guaranteed (ppg) in Mexico peaked at 52.02 billion TDS, current US$ in 2021 and was at its lowest, 705.12 million TDS, current US$, in 1970.
Mexico ranks 3rd of 122 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service on external debt, public and publicly guaranteed (PPG) in Mexico, year by year
| Year | TDS, current US$ | Change |
|---|---|---|
| 1970 | 705.12 million TDS, current US$ | — |
| 1971 | 734.40 million TDS, current US$ | +4.2% |
| 1972 | 864.08 million TDS, current US$ | +17.7% |
| 1973 | 1.09 billion TDS, current US$ | +26.3% |
| 1974 | 1.20 billion TDS, current US$ | +10.1% |
| 1975 | 1.60 billion TDS, current US$ | +32.8% |
| 1976 | 2.24 billion TDS, current US$ | +40.6% |
| 1977 | 3.57 billion TDS, current US$ | +59.2% |
| 1978 | 6.32 billion TDS, current US$ | +77.0% |
| 1979 | 10.04 billion TDS, current US$ | +58.9% |
| 1980 | 7.91 billion TDS, current US$ | -21.2% |
| 1981 | 8.56 billion TDS, current US$ | +8.2% |
| 1982 | 9.43 billion TDS, current US$ | +10.2% |
| 1983 | 11.45 billion TDS, current US$ | +21.3% |
| 1984 | 11.30 billion TDS, current US$ | -1.3% |
| 1985 | 10.59 billion TDS, current US$ | -6.2% |
| 1986 | 8.63 billion TDS, current US$ | -18.6% |
| 1987 | 8.66 billion TDS, current US$ | +0.3% |
| 1988 | 9.93 billion TDS, current US$ | +14.8% |
| 1989 | 9.51 billion TDS, current US$ | -4.2% |
| 1990 | 7.86 billion TDS, current US$ | -17.3% |
| 1991 | 9.28 billion TDS, current US$ | +18.0% |
| 1992 | 15.32 billion TDS, current US$ | +65.1% |
| 1993 | 10.60 billion TDS, current US$ | -30.8% |
| 1994 | 11.78 billion TDS, current US$ | +11.1% |
| 1995 | 15.49 billion TDS, current US$ | +31.5% |
| 1996 | 26.76 billion TDS, current US$ | +72.8% |
| 1997 | 28.30 billion TDS, current US$ | +5.8% |
| 1998 | 17.62 billion TDS, current US$ | -37.7% |
| 1999 | 16.07 billion TDS, current US$ | -8.8% |
| 2000 | 24.80 billion TDS, current US$ | +54.4% |
| 2001 | 24.45 billion TDS, current US$ | -1.4% |
| 2002 | 19.43 billion TDS, current US$ | -20.5% |
| 2003 | 22.05 billion TDS, current US$ | +13.5% |
| 2004 | 25.14 billion TDS, current US$ | +14.0% |
| 2005 | 23.23 billion TDS, current US$ | -7.6% |
| 2006 | 38.81 billion TDS, current US$ | +67.1% |
| 2007 | 21.48 billion TDS, current US$ | -44.7% |
| 2008 | 22.04 billion TDS, current US$ | +2.6% |
| 2009 | 17.89 billion TDS, current US$ | -18.8% |
| 2010 | 19.80 billion TDS, current US$ | +10.7% |
| 2011 | 19.70 billion TDS, current US$ | -0.5% |
| 2012 | 37.22 billion TDS, current US$ | +88.9% |
| 2013 | 22.47 billion TDS, current US$ | -39.6% |
| 2014 | 19.28 billion TDS, current US$ | -14.2% |
| 2015 | 26.18 billion TDS, current US$ | +35.8% |
| 2016 | 40.79 billion TDS, current US$ | +55.8% |
| 2017 | 36.35 billion TDS, current US$ | -10.9% |
| 2018 | 30.95 billion TDS, current US$ | -14.8% |
| 2019 | 42.29 billion TDS, current US$ | +36.6% |
| 2020 | 41.96 billion TDS, current US$ | -0.8% |
| 2021 | 52.02 billion TDS, current US$ | +24.0% |
| 2022 | 24.52 billion TDS, current US$ | -52.9% |
| 2023 | 27.06 billion TDS, current US$ | +10.3% |
| 2024 | 38.81 billion TDS, current US$ | +43.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.84 billion TDS, current US$ | 705.12 million TDS, current US$ | 10.04 billion TDS, current US$ | 10 |
| 1980s | 9.60 billion TDS, current US$ | 7.91 billion TDS, current US$ | 11.45 billion TDS, current US$ | 10 |
| 1990s | 15.91 billion TDS, current US$ | 7.86 billion TDS, current US$ | 28.30 billion TDS, current US$ | 10 |
| 2000s | 23.93 billion TDS, current US$ | 17.89 billion TDS, current US$ | 38.81 billion TDS, current US$ | 10 |
| 2010s | 29.50 billion TDS, current US$ | 19.28 billion TDS, current US$ | 42.29 billion TDS, current US$ | 10 |
| 2020s | 36.88 billion TDS, current US$ | 24.52 billion TDS, current US$ | 52.02 billion TDS, current US$ | 5 |
Countries ranked near Mexico
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 38.81 billion TDS, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service on external debt, public and publicly guaranteed (ppg) recorded in Mexico?
- The highest recorded value was 52.02 billion TDS, current US$ in 2021.
- What is the lowest debt service on external debt, public and publicly guaranteed (ppg) recorded in Mexico?
- The lowest recorded value was 705.12 million TDS, current US$ in 1970.
- How does Mexico rank for debt service on external debt, public and publicly guaranteed (ppg)?
- Mexico ranks 3rd 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 101.3%. The long-run trend across the full record is volatile.
- Where does this Mexico data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. Data are in current U.S. dollars.