Expense in Mexico
Mexico: Expense was 7.16 trillion current LCU in 2023. ◆ Volatile
Expense in Mexico, 1972–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2023, expense in Mexico stood at 7.16 trillion current LCU. That is the highest value across all 44 years on record.
The figure is up 8.7% on the previous year and up 104.0% over ten years.
Over the whole period, expense in Mexico peaked at 7.16 trillion current LCU in 2023 and was at its lowest, 57.00 million current LCU, in 1972.
Mexico ranks 28th of 157 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 186.50 million current LCU | 57.00 million current LCU | 404.00 million current LCU | 8 |
| 1980s | 30.34 billion current LCU | 513.00 million current LCU | 105.41 billion current LCU | 10 |
| 1990s | 311.65 billion current LCU | 124.32 billion current LCU | 686.49 billion current LCU | 10 |
| 2000s | 1.74 trillion current LCU | 848.76 billion current LCU | 2.62 trillion current LCU | 2 |
| 2010s | 3.93 trillion current LCU | 2.86 trillion current LCU | 4.98 trillion current LCU | 10 |
| 2020s | 6.14 trillion current LCU | 5.23 trillion current LCU | 7.16 trillion current LCU | 4 |
Countries ranked near Mexico
- 25 Turkey 8.95 trillion current LCU compare
- 26 Cote d'Ivoire 8.76 trillion current LCU compare
- 27 Madagascar 7.84 trillion current LCU compare
- 29 United States 6.80 trillion current LCU compare
- 30 Angola 5.06 trillion current LCU compare
- 31 Sri Lanka 4.97 trillion current LCU compare
More public sector data for Mexico
- Arms imports 46.00 million SIPRI trend indicator values (2024)
- Tax revenue 14.8% (2024)
- Taxes on income, profits and capital gains 41.3% (2024)
- Taxes on goods and services 31.7% (2024)
- Net investment in nonfinancial assets 0.9% (2024)
- Net lending (+) / net borrowing (-) -5.9% (2024)
- Interest payments 20.0% (2024)
- Grants and other revenue 10.6% (2024)
- Interest payments 15.8% (2023)
- Other taxes 1.1% (2024)
Frequently asked questions
- What is expense in Mexico?
- Expense in Mexico was 7.16 trillion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Mexico?
- The highest recorded value was 7.16 trillion current LCU in 2023.
- What is the lowest expense recorded in Mexico?
- The lowest recorded value was 57.00 million current LCU in 1972.
- How does Mexico rank for expense?
- Mexico ranks 28th out of 157 countries with data for 2023.
- Is expense rising or falling in Mexico?
- Over the last ten years it is up 104.0%. The long-run trend across the full record is volatile.
- Where does this Mexico data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 44 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Expense is a decrease in net worth resulting from a transaction. 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.