Mexico: Central government deficit (% of GDP)

Name: Mexico: Central government deficit (% of GDP)
Creator: Global Macro Database
License: https://www.globalmacrodata.com/license.html

Percent of GDP · 1876–2023 · 138 observations · cgovdef_GDP

2023: −4.47%percent of GDP
Change on 2022: −0.0 pointsfrom −4.46%
Average, 2014–2023: −3.08%10 years
Record high and low: 2.95% (1976)low −14.8% (1987)

Central government deficit (% of GDP)

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Percent of GDP

Compare with other countries →Definition of Central government deficit (% of GDP)

Recent values

Percent of GDP

Year	Value
2023	-4.47
2022	-4.46
2021	-3.51
2020	-3.87
2019	-1.89
2018	-2.34
2017	-1.03
2016	-1.80
2015	-3.25
2014	-4.15

Sources

Martín Moreno1876–2001
Mitchell1925–1992
World Development Indicators1972–2023
IMF Government Finance Statistics1991–2023

Compare these sources →

Mexico documentation (PDF)

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

GMD release 2026_09 · License & terms

Central government deficit (% of GDP)

Recent values

Sources

More for Mexico

Central government deficit (% of GDP) elsewhere