Public and publicly guaranteed debt service in Mexico
Mexico: Public and publicly guaranteed debt service was 5.5% in 2024. ◆ Volatile
Public and publicly guaranteed debt service in Mexico, 1979–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
The most recent figure for public and publicly guaranteed debt service in Mexico is 5.5%, measured in 2024.
The figure is up 36.8% on the previous year and up 25.7% over ten years.
Over the whole period, public and publicly guaranteed debt service in Mexico peaked at 62.6% in 1979 and was at its lowest, 3.8%, in 2022.
Mexico ranks 68th of 120 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Public and publicly guaranteed debt service in Mexico, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1979 | 62.6% | — |
| 1980 | 35.6% | -43.2% |
| 1981 | 30.8% | -13.5% |
| 1982 | 33.8% | +9.8% |
| 1983 | 39.6% | +17.2% |
| 1984 | 34.6% | -12.8% |
| 1985 | 35.3% | +2.1% |
| 1986 | 36.0% | +1.9% |
| 1987 | 28.9% | -19.6% |
| 1988 | 31.0% | +7.3% |
| 1989 | 26.3% | -15.3% |
| 1990 | 18.8% | -28.3% |
| 1991 | 21.4% | +13.8% |
| 1992 | 34.6% | +61.3% |
| 1993 | 22.3% | -35.6% |
| 1994 | 21.8% | -2.1% |
| 1995 | 23.2% | +6.4% |
| 1996 | 33.7% | +45.5% |
| 1997 | 31.9% | -5.4% |
| 1998 | 13.1% | -58.8% |
| 1999 | 10.5% | -19.9% |
| 2000 | 13.3% | +26.7% |
| 2001 | 13.8% | +3.6% |
| 2002 | 10.7% | -22.5% |
| 2003 | 11.8% | +10.5% |
| 2004 | 11.9% | +0.3% |
| 2005 | 9.7% | -18.6% |
| 2006 | 13.9% | +43.8% |
| 2007 | 7.1% | -49.2% |
| 2008 | 6.8% | -3.9% |
| 2009 | 7.0% | +2.9% |
| 2010 | 6.0% | -14.1% |
| 2011 | 5.1% | -14.3% |
| 2012 | 9.2% | +78.6% |
| 2013 | 5.4% | -41.5% |
| 2014 | 4.4% | -18.2% |
| 2015 | 6.2% | +41.7% |
| 2016 | 9.8% | +57.6% |
| 2017 | 7.9% | -19.1% |
| 2018 | 6.1% | -22.7% |
| 2019 | 8.1% | +32.7% |
| 2020 | 9.2% | +13.4% |
| 2021 | 9.5% | +3.0% |
| 2022 | 3.8% | -60.2% |
| 2023 | 4.0% | +6.6% |
| 2024 | 5.5% | +36.8% |
Mexico compared with similar countries
- Mexico's 5.5% is below the median for upper middle income countries, which is 7.4%, 75% of the median. (51 countries reporting)
- Mexico's 5.5% is below the median for Latin America & Caribbean, which is 9.7%, 57% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 62.6% | 62.6% | 62.6% | 1 |
| 1980s | 33.2% | 26.3% | 39.6% | 10 |
| 1990s | 23.1% | 10.5% | 34.6% | 10 |
| 2000s | 10.6% | 6.8% | 13.9% | 10 |
| 2010s | 6.8% | 4.4% | 9.8% | 10 |
| 2020s | 6.4% | 3.8% | 9.5% | 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)
- 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)
- External debt stocks, public and publicly guaranteed (PPG) 289.46 billion DOD, current US$ (2024)
Frequently asked questions
- What is public and publicly guaranteed debt service in Mexico?
- Public and publicly guaranteed debt service in Mexico was 5.5% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest public and publicly guaranteed debt service recorded in Mexico?
- The highest recorded value was 62.6% in 1979.
- What is the lowest public and publicly guaranteed debt service recorded in Mexico?
- The lowest recorded value was 3.8% in 2022.
- How does Mexico rank for public and publicly guaranteed debt service?
- Mexico ranks 68th out of 120 countries with data for 2024.
- Is public and publicly guaranteed debt service rising or falling in Mexico?
- Over the last ten years it is up 25.7%. 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 Public and publicly guaranteed debt service (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service to exports of goods, services, and income. 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. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.