Expense in Mexico

Mexico: Expense was 22.5% in 2023. ▲ Rising

Latest (2023)
22.5%
Change on year
up 0.7%
World rank
99th
of 157 countries
All-time high
27.3%
in 1987
All-time low
10.1%
in 1972
Years of data
44
1972–2023

Expense in Mexico, 1972–2023

01020301972199720231972: 10.1 % of GDP1973: 10.4 % of GDP1974: 11.7 % of GDP1975: 12.5 % of GDP1976: 13.1 % of GDP1977: 13 % of GDP1978: 12.7 % of GDP1979: 13.2 % of GDP1980: 10.9 % of GDP1981: 12.6 % of GDP1982: 22 % of GDP1983: 21 % of GDP1984: 18.7 % of GDP1985: 20.5 % of GDP1986: 24.9 % of GDP1987: 27.3 % of GDP1988: 23.8 % of GDP1989: 19.3 % of GDP1990: 16.9 % of GDP1991: 13.8 % of GDP1992: 13.4 % of GDP1993: 10.3 % of GDP1994: 10.4 % of GDP1995: 11.3 % of GDP1996: 11.1 % of GDP1997: 11.7 % of GDP1998: 10.5 % of GDP1999: 11.4 % of GDP2000: 12.1 % of GDP2009: 20.6 % of GDP2010: 20.5 % of GDP2011: 20.9 % of GDP2012: 20.9 % of GDP2013: 20.7 % of GDP2014: 21 % of GDP2015: 20.9 % of GDP2016: 20.3 % of GDP2017: 19.9 % of GDP2018: 19.9 % of GDP2019: 19.8 % of GDP2020: 21.7 % of GDP2021: 20.9 % of GDP2022: 22.3 % of GDP2023: 22.5 % of GDP

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.

Analysis

The most recent figure for expense in Mexico is 22.5%, measured in 2023.

Compared with earlier readings it is up 0.7% on the previous year and up 8.5% over ten years.

Over the whole period, expense in Mexico peaked at 27.3% in 1987 and was at its lowest, 10.1%, in 1972.

Mexico ranks 99th of 157 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 44 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 12.1% 10.1% 13.2% 8
1980s 20.1% 10.9% 27.3% 10
1990s 12.1% 10.3% 16.9% 10
2000s 16.3% 12.1% 20.6% 2
2010s 20.5% 19.8% 21.0% 10
2020s 21.8% 20.9% 22.5% 4

Countries ranked near Mexico

  1. 96 Azerbaijan 23.0% compare
  2. 97 Peru 22.8% compare
  3. 98 Ghana 22.7% compare
  4. 100 Uzbekistan 22.3% compare
  5. 101 Belize 22.3% compare
  6. 102 Bolivia 21.8% compare

See the full ranking of 183 places →

More economy & growth data for Mexico

All data for Mexico →

Frequently asked questions

What is expense in Mexico?
Expense in Mexico was 22.5% 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 27.3% in 1987.
What is the lowest expense recorded in Mexico?
The lowest recorded value was 10.1% in 1972.
How does Mexico rank for expense?
Mexico ranks 99th out of 157 countries with data for 2023.
Is expense rising or falling in Mexico?
Over the last ten years it is up 8.5%. The long-run trend across the full record is rising.
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 (% of GDP). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 44 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Expense (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 5,211 data points, 1972–2024
Last refreshed

Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.