Public and publicly guaranteed debt service in Mexico
Mexico: Public and publicly guaranteed debt service was 2.2% in 2024. ▼ Falling
Public and publicly guaranteed debt service in Mexico, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
In 2024, public and publicly guaranteed debt service in Mexico stood at 2.2%.
Compared with earlier readings it is up 41.1% on the previous year and up 50.7% over ten years.
Over the whole period, public and publicly guaranteed debt service in Mexico peaked at 7.8% in 1983 and was at its lowest, 1.4%, in 2014.
That places Mexico 60th out of 123 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.
Public and publicly guaranteed debt service in Mexico, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 2.0% | — |
| 1971 | 1.9% | -5.6% |
| 1972 | 1.9% | +2.0% |
| 1973 | 2.0% | +3.0% |
| 1974 | 1.7% | -15.3% |
| 1975 | 1.9% | +9.1% |
| 1976 | 2.6% | +39.7% |
| 1977 | 4.5% | +73.0% |
| 1978 | 6.3% | +41.5% |
| 1979 | 7.7% | +21.5% |
| 1980 | 4.0% | -48.4% |
| 1981 | 3.4% | -15.1% |
| 1982 | 5.5% | +62.3% |
| 1983 | 7.8% | +42.2% |
| 1984 | 6.5% | -16.7% |
| 1985 | 5.7% | -12.3% |
| 1986 | 6.8% | +19.4% |
| 1987 | 6.2% | -9.4% |
| 1988 | 5.7% | -7.4% |
| 1989 | 4.5% | -21.6% |
| 1990 | 3.1% | -30.3% |
| 1991 | 3.0% | -2.1% |
| 1992 | 4.3% | +42.2% |
| 1993 | 2.0% | -52.8% |
| 1994 | 2.2% | +6.5% |
| 1995 | 4.2% | +93.9% |
| 1996 | 6.4% | +51.5% |
| 1997 | 5.5% | -13.4% |
| 1998 | 3.2% | -41.6% |
| 1999 | 2.6% | -19.8% |
| 2000 | 3.4% | +31.3% |
| 2001 | 3.1% | -8.3% |
| 2002 | 2.4% | -22.4% |
| 2003 | 2.9% | +20.0% |
| 2004 | 3.1% | +6.3% |
| 2005 | 2.6% | -17.0% |
| 2006 | 3.9% | +50.3% |
| 2007 | 2.0% | -48.7% |
| 2008 | 1.9% | -2.8% |
| 2009 | 1.9% | +0.1% |
| 2010 | 1.8% | -6.0% |
| 2011 | 1.6% | -10.1% |
| 2012 | 3.0% | +86.1% |
| 2013 | 1.7% | -42.5% |
| 2014 | 1.4% | -17.0% |
| 2015 | 2.2% | +52.9% |
| 2016 | 3.8% | +70.1% |
| 2017 | 3.1% | -16.8% |
| 2018 | 2.5% | -19.3% |
| 2019 | 3.3% | +31.9% |
| 2020 | 3.9% | +15.9% |
| 2021 | 4.1% | +4.9% |
| 2022 | 1.7% | -57.8% |
| 2023 | 1.5% | -9.6% |
| 2024 | 2.2% | +41.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.3% | 1.7% | 7.7% | 10 |
| 1980s | 5.6% | 3.4% | 7.8% | 10 |
| 1990s | 3.7% | 2.0% | 6.4% | 10 |
| 2000s | 2.7% | 1.9% | 3.9% | 10 |
| 2010s | 2.5% | 1.4% | 3.8% | 10 |
| 2020s | 2.7% | 1.5% | 4.1% | 5 |
Countries ranked near Mexico
- 57 South Africa 2.3% compare
- 58 Eswatini 2.2% compare
- 59 Türkiye 2.2% compare
- 61 Turkmenistan 2.2% compare
- 62 Papua New Guinea 2.2% compare
- 63 Togo 2.2% 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)
- 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)
- 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 2.2% 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 7.8% in 1983.
- What is the lowest public and publicly guaranteed debt service recorded in Mexico?
- The lowest recorded value was 1.4% in 2014.
- How does Mexico rank for public and publicly guaranteed debt service?
- Mexico ranks 60th out of 123 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 50.7%. The long-run trend across the full record is falling.
- 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 GNI). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service to gross national 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. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.