Mexico Public Consumption: % of GDP
Key information about Mexico Public Consumption: % of GDP
- Mexico Public Consumption accounted for 11.1 % of its Nominal GDP in Sep 2024, compared with a share of 11.2 % in the previous quarter.
- Mexico Public Consumption share of Nominal GDP ratio is updated quarterly, available from Mar 1993 to Sep 2024, with an average number of 10.9 %.
- The data reached an all-time high of 13.9 % in Jun 2020 and a record low of 7.5 % in Jun 1996.
CEIC calculates Government Consumption as % of Nominal GDP from quarterly Government Consumption Expenditure and quarterly de-annualized Nominal GDP. The National Institute of Statistics and Geography provides Government Consumption Expenditure in local currency and annualized Nominal GDP in local currency.
Related information about Mexico Public Consumption: % of GDP
- In the latest reports, Mexico GDP expanded 3.7 % YoY in Mar 2023.
- Mexico Nominal GDP reached 397.5 USD bn in Mar 2023.
- Its GDP deflator (implicit price deflator) increased 4.3 % in Mar 2023.
- Mexico GDP Per Capita reached 10,934.9 USD in Dec 2022.
- Its Gross Savings Rate was measured at 18.0 % in Sep 2024.
- For Nominal GDP contributions, Investment accounted for 22.6 % in Mar 2023.
- Private Consumption accounted for 70.9 % in Sep 2024.
View Mexico's Public Consumption: % of GDP from Mar 1993 to Sep 2024 in the chart:
What was Mexico's Public Consumption: % of GDP in Sep 2024?
Mexico Public Consumption accounted for 11.1 % of its Nominal GDP in Sep 2024, compared with a share of 11.2 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 11.1 Sep 2024 | 11.2 Jun 2024 | 7.5 Jun 1996 | 13.9 Jun 2020 | % | quarterly | Mar 1993 - Sep 2024 |
Public Consumption: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 9.4 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| Algeria (%) | 16.9 2023 | yearly | 1950 - 2023 |
| Argentina (%) | 14.1 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Armenia (%) | 11.4 Dec 2024 | quarterly | Dec 1994 - Dec 2024 |
| Australia (%) | 20.4 Dec 2022 | quarterly | Sep 1959 - Dec 2022 |
| Austria (%) | 22.7 Dec 2024 | quarterly | Mar 1988 - Dec 2024 |
| Azerbaijan (%) | 12.9 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
| Bahrain (%) | 14.6 2023 | yearly | 1975 - 2023 |
| Bangladesh (%) | 5.9 2024 | yearly | 1973 - 2024 |
| Belarus (%) | 16.3 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
| Belgium (%) | 24.1 Dec 2024 | quarterly | Mar 1980 - Dec 2024 |
| Bolivia (%) | 19.4 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
| Bosnia and Herzegovina (%) | 17.1 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| Botswana (%) | 33.6 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| Brazil (%) | 21.4 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Brunei (%) | 17.6 Sep 2022 | quarterly | Mar 2004 - Sep 2022 |
| Bulgaria (%) | 20.8 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Cambodia (%) | 5.9 2022 | yearly | 1993 - 2022 |
| Canada (%) | 20.6 Sep 2024 | quarterly | Mar 1961 - Sep 2024 |
| Chile (%) | 14.9 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| China (%) | 16.5 2023 | yearly | 1952 - 2023 |
| Colombia (%) | 17.9 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| Croatia (%) | 26.3 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Cyprus (%) | 22.3 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Czech Republic (%) | 22.6 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Denmark (%) | 22.5 Dec 2024 | quarterly | Mar 1990 - Dec 2024 |
| Ecuador (%) | 13.5 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| Egypt (%) | 4.9 Sep 2024 | quarterly | Sep 2001 - Sep 2024 |
| Estonia (%) | 21.6 Dec 2024 | quarterly | Mar 1993 - Dec 2024 |
| European Union (%) | 22.4 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Finland (%) | 23.8 Dec 2022 | quarterly | Mar 1975 - Dec 2022 |
| France (%) | 24.2 Dec 2024 | quarterly | Mar 1980 - Dec 2024 |
| Georgia (%) | 12.0 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Germany (%) | 23.4 Dec 2024 | quarterly | Mar 1991 - Dec 2024 |
| Ghana (%) | 4.8 2024 | yearly | 2006 - 2024 |
| Greece (%) | 19.8 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Hong Kong SAR, China (%) | 13.7 Dec 2022 | quarterly | Mar 1973 - Dec 2022 |
| Hungary (%) | 19.8 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Iceland (%) | 26.1 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| India (%) | 8.7 Dec 2024 | quarterly | Jun 1996 - Dec 2024 |
| Indonesia (%) | 9.9 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Iran (%) | 16.4 Mar 2024 | quarterly | Jun 1988 - Mar 2024 |
| Ireland (%) | 10.3 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Israel (%) | 25.0 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Italy (%) | 20.6 Dec 2024 | quarterly | Mar 1980 - Dec 2024 |
| Ivory Coast (%) | 10.3 2023 | yearly | 1960 - 2023 |
| Japan (%) | 20.4 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
| Jordan (%) | 18.3 2023 | yearly | 1963 - 2023 |
| Kazakhstan (%) | 8.7 Sep 2022 | quarterly | Mar 1994 - Sep 2022 |
| Kenya (%) | 11.9 2023 | yearly | 1960 - 2023 |
| South Korea (%) | 16.4 Dec 2024 | quarterly | Mar 1960 - Dec 2024 |
| Kosovo (%) | 13.0 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
| Kuwait (%) | 20.7 2022 | yearly | 1962 - 2022 |
| Kyrgyzstan (%) | 17.9 Dec 2022 | quarterly | Mar 2000 - Dec 2022 |
| Laos (%) | 14.0 2016 | yearly | 2000 - 2016 |
| Latvia (%) | 22.9 Dec 2024 | quarterly | Mar 1992 - Dec 2024 |
| Lebanon (%) | 6.8 2021 | yearly | 1990 - 2021 |
| Lithuania (%) | 20.6 Dec 2024 | quarterly | Mar 1993 - Dec 2024 |
| Luxembourg (%) | 19.2 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Macau SAR, China (%) | 14.8 Dec 2024 | quarterly | Mar 1998 - Dec 2024 |
| North Macedonia (%) | 16.9 Dec 2024 | quarterly | Mar 2000 - Dec 2024 |
| Malawi (%) | 13.9 2019 | yearly | 1960 - 2019 |
| Malaysia (%) | 14.4 Dec 2024 | quarterly | Mar 1991 - Dec 2024 |
| Malta (%) | 19.8 Dec 2024 | quarterly | Mar 1992 - Dec 2024 |
| Mauritius (%) | 14.3 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Mexico (%) | 11.1 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Moldova (%) | 18.9 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Mongolia (%) | 20.1 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
| Montenegro (%) | 13.8 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
| Morocco (%) | 17.1 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
| Mozambique (%) | 17.2 2023 | yearly | 1963 - 2022 |
| Nepal (%) | 6.3 2024 | yearly | 1975 - 2024 |
| Netherlands (%) | 24.3 Mar 2023 | quarterly | Mar 1977 - Mar 2023 |
| New Zealand (%) | 22.1 Sep 2024 | quarterly | Jun 1987 - Sep 2024 |
| Nigeria (%) | 4.3 2023 | yearly | 1981 - 2023 |
| Norway (%) | 21.8 Dec 2024 | quarterly | Mar 1978 - Dec 2024 |
| Oman (%) | 19.1 2023 | yearly | 1980 - 2023 |
| Pakistan (%) | 8.5 2024 | yearly | 1960 - 2024 |
| Palestinian Territory (%) | 21.7 Sep 2024 | quarterly | Mar 2011 - Sep 2024 |
| Panama (%) | 13.7 2021 | yearly | 1996 - 2021 |
| Paraguay (%) | 13.0 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
| Peru (%) | 14.7 Dec 2024 | quarterly | Mar 1980 - Dec 2024 |
| Philippines (%) | 13.8 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
| Poland (%) | 21.4 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Portugal (%) | 20.4 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Qatar (%) | 13.1 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| Romania (%) | 16.1 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Russia (%) | 17.5 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Saudi Arabia (%) | 26.3 Dec 2024 | quarterly | Mar 2003 - Dec 2024 |
| Serbia (%) | 18.3 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Singapore (%) | 10.6 2024 | yearly | 1960 - 2024 |
| Slovakia (%) | 24.6 Dec 2022 | quarterly | Mar 1990 - Dec 2022 |
| Slovenia (%) | 20.8 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| South Africa (%) | 19.1 Dec 2024 | quarterly | Mar 1960 - Dec 2024 |
| Spain (%) | 19.2 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
| Sri Lanka (%) | 5.9 Mar 2023 | quarterly | Mar 2010 - Mar 2023 |
| Sudan (%) | 17.4 2023 | yearly | 1960 - 2023 |
| Sweden (%) | 25.8 Dec 2022 | quarterly | Mar 1980 - Dec 2022 |
| Switzerland (%) | 11.6 Dec 2024 | quarterly | Mar 1980 - Dec 2024 |
| Syria (%) | 2.7 2022 | yearly | 1963 - 2022 |
Mexico Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -4.2 Sep 2024 | quarterly | Dec 1980 - Sep 2024 |
| Consolidated Fiscal Balance (USD mn) | -945.559 Jan 2025 | monthly | Jan 1977 - Jan 2025 |
| Tax Revenue (USD mn) | 25,194.708 Jan 2025 | monthly | Jan 1977 - Jan 2025 |
| Tax Revenue: % of GDP (%) | 13.6 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| National Government Debt (USD mn) | 896,296.4 Jan 2025 | monthly | Dec 2005 - Jan 2025 |
| Government Debt: % of GDP (%) | 47.7 Sep 2024 | quarterly | Dec 2005 - Sep 2024 |
| Forecast: Government Expenditure (MXN bn) | 11,652.146 2029 | yearly | 1990 - 2029 |
| Forecast: Government Net Debt (MXN bn) | 26,401.275 2029 | yearly | 1996 - 2029 |
| Forecast: Government Revenue (MXN bn) | 10,439.952 2029 | yearly | 1990 - 2029 |
| External Public Debt: Gross (USD mn) | 206,913.000 Feb 2019 | monthly | Jan 1990 - Feb 2019 |
| Domestic Public Debt: Gross Debt (MXN mn) | 7,093,613.000 Feb 2019 | monthly | Dec 2005 - Feb 2019 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 2,310.5 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
| Current Account Balance (USD mn) | -14,282.0 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
| Current Account Balance: % of GDP (%) | 2.9 Dec 2024 | quarterly | Mar 1993 - Dec 2024 |
| Foreign Direct Investment (USD mn) | 1,791.1 Dec 2024 | quarterly | Mar 1980 - Dec 2024 |
| Foreign Direct Investment: % of GDP (%) | 0.4 Dec 2024 | quarterly | Mar 1993 - Dec 2024 |
| Foreign Portfolio Investment (USD mn) | -193.488 Dec 2024 | quarterly | Mar 1980 - Dec 2024 |
| Foreign Portfolio Investment: % of GDP (%) | -0.0 Dec 2024 | quarterly | Mar 1993 - Dec 2024 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | -1,108.2 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 914.758 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
| External Debt (USD mn) | 447,827.9 Dec 2021 | quarterly | Mar 2002 - Dec 2021 |
| External Debt: % of GDP (%) | 33.0 2023 | yearly | 2002 - 2023 |
| External Debt: Short Term (USD mn) | 56,316.4 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| External Debt: Short Term: % of GDP (%) | 3.3 2023 | yearly | 2002 - 2023 |
| Total Debt: % of GDP (%) | 110.9 Dec 2024 | quarterly | Dec 2000 - Dec 2024 |
| Forecast: Current Account Balance (USD bn) | -20.878 2029 | yearly | 1980 - 2029 |
| Net International Investment Position (USD mn) | -636,394.740 Sep 2024 | quarterly | Mar 2009 - Sep 2024 |
| Domestic Public Debt: Long Term (MXN mn) | 12,940,890.500 Jan 2025 | monthly | Dec 2005 - Jan 2025 |
| Domestic Public Debt: Short Term (MXN mn) | 797,206.100 Jan 2025 | monthly | Dec 2005 - Jan 2025 |
| BoP: Current Account (CA) (USD mn) | 12,600.704 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
| BoP: Capital Account: Debit (USD mn) | 41.758 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
| BoP: Errors and Omissions (USD mn) | 2,498.706 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
| BoP: FA: Other Investment (USD mn) | 7,580.009 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
| BoP: FA: Direct Investment (DI) (USD mn) | 519.344 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
| BoP: Capital Account (USD mn) | -13.136 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
| BoP: Capital Account: Credit (USD mn) | 28.622 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
| BoP: Financial Account (FA) (USD mn) | 15,086.274 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
| BoP: FA: Financial Derivatives (USD mn) | -1,918.565 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
| BoP: FA: Reserve Assets (USD mn) | 2,407.666 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
| BoP: FA: Portfolio Investment (PI) (USD mn) | 6,497.820 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
| Gross External Debt: OS: NF: Public Corp (USD mn) | 94,691.200 Dec 2018 | quarterly | Mar 2002 - Dec 2018 |
| Gross External Debt: OS: NF: Private (USD mn) | 119,088.500 Dec 2018 | quarterly | Mar 2002 - Dec 2018 |
| FDI: Financial and Insurance Svcs (USD th) | 2,495,000.000 2018 | yearly | 1999 - 2018 |
| Foreign Direct Investment: Germany (USD th) | 2,604,400.000 2018 | yearly | 1999 - 2018 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.9 Dec 2024 | quarterly | Dec 1994 - Dec 2024 |
| Household Debt: % of GDP (%) | 16.7 Dec 2024 | quarterly | Dec 2000 - Dec 2024 |
| Non-Performing Loans (USD mn) | 7,196.634 Jan 2025 | monthly | Jan 1997 - Jan 2025 |
| Money Supply M1 (USD mn) | 391,273.522 Jan 2025 | monthly | Dec 1985 - Jan 2025 |
| Money Supply M2 (USD mn) | 707,141.239 May 2023 | monthly | Dec 1985 - May 2023 |
| M2 Growth (%) | 12.1 Jan 2025 | monthly | Dec 1986 - Jan 2025 |
| Foreign Exchange Reserves (USD mn) | 211,268.8 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 10.951 Dec 2024 | quarterly | Mar 2000 - Dec 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 4.3 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
| Gold Reserves (USD mn) | 10,874.008 Jan 2025 | monthly | Dec 1956 - Jan 2025 |
| Total Deposits (USD mn) | 444,009.307 Jan 2025 | monthly | Jan 1998 - Jan 2025 |
| Total Deposits Growth (%) | 8.7 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
| Domestic Credit (USD mn) | 732,399.3 Dec 2024 | monthly | Dec 2001 - Dec 2024 |
| Domestic Credit Growth (%) | 14.8 Dec 2024 | monthly | Dec 2002 - Dec 2024 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 5.700 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Credit to Households (USD bn) | 281.557 Sep 2024 | quarterly | Dec 1994 - Sep 2024 |
| Credit to Private Non-Financial Sector (USD bn) | 651.261 Sep 2024 | quarterly | Dec 1980 - Sep 2024 |
| Household Debt (USD mn) | 271,770.7 Dec 2024 | quarterly | Dec 2000 - Dec 2024 |
| Total Loans (USD mn) | 433,180.930 Jan 2025 | monthly | Dec 2000 - Jan 2025 |
| Total Loans Growth (%) | 13.00 Jan 2025 | monthly | Dec 2001 - Jan 2025 |
| Private Debt: % of Nominal GDP (%) | 20.72 Dec 2024 | quarterly | Mar 2004 - Dec 2024 |
| ORA: Gold incl Gold on Loans (USD mn) | 5,083.121 Feb 2019 | monthly | Jan 2000 - Feb 2019 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -7.8 Feb 2025 | monthly | Jan 2005 - Feb 2025 |
| PMI: sa (Point) | 51.758 Mar 2019 | monthly | Jan 2004 - Mar 2019 |
| Composite Leading Index: sa (2013=100) | 104.600 Jan 2019 | monthly | Jan 1980 - Jan 2019 |
| Composite Coincident Index: sa (2013=100) | 113.000 Jan 2019 | monthly | Jan 1980 - Jan 2019 |
| Composite Coincident Index: sa: 2018=100 (2018=100) | 99.300 Dec 2024 | monthly | Jan 1980 - Dec 2024 |
| Composite Leading Index: sa: 2018=100 (2018=100) | 105.200 Dec 2024 | monthly | Jan 1980 - Dec 2024 |
More Indicators for Mexico
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