Taxes less subsidies on products in Mexico

Mexico: Taxes less subsidies on products was 121.91 billion current US$ in 2025. ◆ Volatile

Latest (2025)
121.91 billion current US$
Change on year
up 2.6%
World rank
15th
of 198 countries
All-time high
121.91 billion current US$
in 2025
All-time low
544.57 million current US$
in 1960
Years of data
66
1960–2025

Taxes less subsidies on products in Mexico, 1960–2025

025.0B50.0B75.0B100.0B125.0B196019922025

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.

Analysis

In 2025, taxes less subsidies on products in Mexico stood at 121.91 billion current US$. That is the highest value across all 66 years on record.

Compared with earlier readings it is up 2.6% on the previous year and up 80.4% over ten years.

Over the whole period, taxes less subsidies on products in Mexico peaked at 121.91 billion current US$ in 2025 and was at its lowest, 544.57 million current US$, in 1960.

That places Mexico 15th out of 198 countries with data for 2025, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1960s 917.13 million current US$ 544.57 million current US$ 1.52 billion current US$ 10
1970s 4.16 billion current US$ 1.73 billion current US$ 9.07 billion current US$ 10
1980s 14.29 billion current US$ 9.83 billion current US$ 18.50 billion current US$ 10
1990s 23.56 billion current US$ 14.50 billion current US$ 31.11 billion current US$ 10
2000s 36.00 billion current US$ 28.36 billion current US$ 40.02 billion current US$ 10
2010s 57.89 billion current US$ 36.62 billion current US$ 74.22 billion current US$ 10
2020s 94.24 billion current US$ 68.38 billion current US$ 121.91 billion current US$ 6

Countries ranked near Mexico

  1. 12 Netherlands 136.31 billion current US$ compare
  2. 13 South Korea 130.66 billion current US$ compare
  3. 14 Poland 123.95 billion current US$ compare
  4. 16 Australia 115.11 billion current US$ compare
  5. 17 Argentina 105.47 billion current US$ compare
  6. 18 Saudi Arabia 70.39 billion current US$ compare

See the full ranking of 198 places →

More economy & growth data for Mexico

All data for Mexico →

Frequently asked questions

What is taxes less subsidies on products in Mexico?
Taxes less subsidies on products in Mexico was 121.91 billion current US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest taxes less subsidies on products recorded in Mexico?
The highest recorded value was 121.91 billion current US$ in 2025.
What is the lowest taxes less subsidies on products recorded in Mexico?
The lowest recorded value was 544.57 million current US$ in 1960.
How does Mexico rank for taxes less subsidies on products?
Mexico ranks 15th out of 198 countries with data for 2025.
Is taxes less subsidies on products rising or falling in Mexico?
Over the last ten years it is up 80.4%. The long-run trend across the full record is volatile.
Where does this Mexico data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Taxes less subsidies on products (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
198 places, 8,428 data points, 1960–2025
Last refreshed

Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.