Subsidies and other transfers in Mexico
Mexico: Subsidies and other transfers was 5.00 trillion current LCU in 2024. ▲ Rising
Subsidies and other transfers in Mexico, 2008–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Mexico recorded 5.00 trillion current LCU for subsidies and other transfers in 2024. That is the highest value across all 17 years on record.
Compared with earlier readings it is up 10.7% on the previous year and up 106.9% over ten years.
Over the whole period, subsidies and other transfers in Mexico peaked at 5.00 trillion current LCU in 2024 and was at its lowest, 1.51 trillion current LCU, in 2008.
Mexico ranks 21st of 153 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 17 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.56 trillion current LCU | 1.51 trillion current LCU | 1.61 trillion current LCU | 2 |
| 2010s | 2.48 trillion current LCU | 1.76 trillion current LCU | 3.25 trillion current LCU | 10 |
| 2020s | 4.08 trillion current LCU | 3.39 trillion current LCU | 5.00 trillion 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 subsidies and other transfers in Mexico?
- Subsidies and other transfers in Mexico was 5.00 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Mexico?
- The highest recorded value was 5.00 trillion current LCU in 2024.
- What is the lowest subsidies and other transfers recorded in Mexico?
- The lowest recorded value was 1.51 trillion current LCU in 2008.
- How does Mexico rank for subsidies and other transfers?
- Mexico ranks 21st out of 153 countries with data for 2024.
- Is subsidies and other transfers rising or falling in Mexico?
- Over the last ten years it is up 106.9%. 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 Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. 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.