Social contributions in Mexico
Mexico: Social contributions was 852.36 billion current LCU in 2024. ◆ Volatile
Social contributions in Mexico, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for social contributions in Mexico is 852.36 billion current LCU, measured in 2024. That is the highest value across all 46 years on record.
That represents a change of up 11.9% on the previous year and up 125.3% over ten years.
Over the whole period, social contributions in Mexico peaked at 852.36 billion current LCU in 2024 and was at its lowest, 11.00 million current LCU, in 1972.
That places Mexico 18th out of 112 countries with data for 2024, putting it 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 | 33.50 million current LCU | 11.00 million current LCU | 71.00 million current LCU | 8 |
| 1980s | 2.42 billion current LCU | 84.00 million current LCU | 10.07 billion current LCU | 10 |
| 1990s | 39.14 billion current LCU | 14.21 billion current LCU | 69.02 billion current LCU | 10 |
| 2000s | 193.03 billion current LCU | 84.93 billion current LCU | 251.78 billion current LCU | 3 |
| 2010s | 401.26 billion current LCU | 277.46 billion current LCU | 552.06 billion current LCU | 10 |
| 2020s | 696.75 billion current LCU | 576.02 billion current LCU | 852.36 billion current LCU | 5 |
Countries ranked near Mexico
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 social contributions in Mexico?
- Social contributions in Mexico was 852.36 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in Mexico?
- The highest recorded value was 852.36 billion current LCU in 2024.
- What is the lowest social contributions recorded in Mexico?
- The lowest recorded value was 11.00 million current LCU in 1972.
- How does Mexico rank for social contributions?
- Mexico ranks 18th out of 112 countries with data for 2024.
- Is social contributions rising or falling in Mexico?
- Over the last ten years it is up 125.3%. 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 Social contributions (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 46 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. 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.