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Mexico: General government deficit (% of GDP)

Percent of GDP · 1925–2024 · 100 observations · forecasts to 2031 · gen_govdef_GDP

2024
−5.78%percent of GDP
Change on 2023
−1.5 pointsfrom −4.30%
Average, 2015–2024
−3.44%10 years
Record high and low
2.26% (1992)low −11.6% (1987)

General government deficit (% of GDP)

Report error
-12%-10%-8%-6%-4%-2%0%2%4%19401960198020002020MexicoMexico
ForecastPercent of GDP

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

Recent values

Percent of GDP

YearValue
2031-3.00Forecast
2030-3.00Forecast
2029-3.00Forecast
2028-3.00Forecast
2027-3.50Forecast
2026-4.37Forecast
2025-4.86Forecast
2024-5.78
2023-4.30
2022-4.32
2021-3.75
2020-4.29
2019-2.27
2018-2.14
2017-1.03
2016-2.68
2015-3.86

Sources

  • IMF Fiscal Policy Panel1925–2023
  • Martín Moreno1965–2010
  • Kehoe & Nicolini1965–2017
  • IMF World Economic Outlook1990–2024
  • IMF Government Finance Statistics2009–2023
  • IMF WEO (forecast)2024–2031

Compare these sources →

Mexico documentation (PDF)

More for Mexico

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 77 series →

General government deficit (% of GDP) elsewhere

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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 →

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