Statizoid

Interest payments in Mexico

Mexico: Interest payments was 15.8% in 2023. ◆ Volatile

Latest (2023)
15.8%
Change on year
up 6.1%
World rank
24th
of 152 countries
All-time high
64.0%
in 1987
All-time low
8.8%
in 1972
Years of data
44
1972–2023

Interest payments in Mexico, 1972–2023

02040601972199720231972: 8.8 % of expense1973: 9.7 % of expense1974: 10.5 % of expense1975: 10.1 % of expense1976: 11.1 % of expense1977: 13.3 % of expense1978: 13.9 % of expense1979: 13.1 % of expense1980: 14.6 % of expense1981: 20.8 % of expense1982: 18.2 % of expense1983: 40.6 % of expense1984: 39.2 % of expense1985: 42.4 % of expense1986: 56.5 % of expense1987: 64 % of expense1988: 62.2 % of expense1989: 54.5 % of expense1990: 47.8 % of expense1991: 33.2 % of expense1992: 25.3 % of expense1993: 17.9 % of expense1994: 14.7 % of expense1995: 19.2 % of expense1996: 19.8 % of expense1997: 14.6 % of expense1998: 15.4 % of expense1999: 16.9 % of expense2000: 13.3 % of expense2009: 11.5 % of expense2010: 11 % of expense2011: 10.1 % of expense2012: 10.3 % of expense2013: 10.5 % of expense2014: 10.6 % of expense2015: 10 % of expense2016: 11 % of expense2017: 13.3 % of expense2018: 13.4 % of expense2019: 13.2 % of expense2020: 13.3 % of expense2021: 13.9 % of expense2022: 14.9 % of expense2023: 15.8 % of expense

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

Analysis

Mexico recorded 15.8% for interest payments in 2023.

The figure is up 6.1% on the previous year and up 50.5% over ten years.

Over the whole period, interest payments in Mexico peaked at 64.0% in 1987 and was at its lowest, 8.8%, in 1972.

Mexico ranks 24th of 152 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

DecadeAverage LowestHighest Years
1970s 11.3% 8.8% 13.9% 8
1980s 41.3% 14.6% 64.0% 10
1990s 22.5% 14.6% 47.8% 10
2000s 12.4% 11.5% 13.3% 2
2010s 11.3% 10.0% 13.4% 10
2020s 14.5% 13.3% 15.8% 4

Countries ranked near Mexico

  1. 21 Kenya 16.4% compare
  2. 22 Togo 16.2% compare
  3. 23 Saint Lucia 16.1% compare
  4. 25 Philippines 15.3% compare
  5. 26 Lebanon 15.2% compare
  6. 27 Malaysia 14.9% compare

See the full ranking of 193 places →

More public sector data for Mexico

All data for Mexico →

Frequently asked questions

What is interest payments in Mexico?
Interest payments in Mexico was 15.8% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest interest payments recorded in Mexico?
The highest recorded value was 64.0% in 1987.
What is the lowest interest payments recorded in Mexico?
The lowest recorded value was 8.8% in 1972.
How does Mexico rank for interest payments?
Mexico ranks 24th out of 152 countries with data for 2023.
Is interest payments rising or falling in Mexico?
Over the last ten years it is up 50.5%. 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 Interest payments (% of expense). 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

Indicator
Interest payments (% of expense)
Unit
% of expense
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
193 places, 5,277 data points, 1972–2024
Last refreshed

Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.