Mexico vs United States: Goods and services expense

Mexico
514.45 billion current LCU
in 2024
United States
467.27 billion current LCU
in 2024
Mexico rank
36th
United States rank
37th

Goods and services expense over time

  • Mexico
  • United States
0200.0B400.0B600.0B197219982024

How they compare

Mexico currently reports 514.45 billion current LCU against 467.27 billion current LCU in United States, a difference of 47.19 billion current LCU.

That makes Mexico's figure about 1.1 times United States's.

The two have swapped places 5 times across 46 shared years of data; in 1972 it was United States ahead.

Globally, Mexico ranks 36th and United States ranks 37th of 155 countries.

Individual pages

About this data

Indicator
Goods and services expense (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
155 places, 4,479 data points, 1972–2024
Last refreshed

Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.