Mexico Government Debt to GDP — 2026 Data & Trend
Mexico's government debt was 61.67% in December 2025, up from 59.00% the previous year. A year earlier it stood at 59.00%.
Mexico's government debt stands at 61.67% as of December 2025. Over the latest readings, the government debt has moved within a band of 35.53% to 61.67%. The most recent figure of 61.67% is up from 59.00% a year earlier, and is 2.67% higher than a year ago.
The trend
Among the 192 economies tracked on this platform, Mexico ranks #72 on government debt by latest value. It rose from 59.00% in the previous year, and compares with a year-earlier 59.00%.
What's driving it
The debt ratio moves with budget deficits, growth, interest costs and the currency; faster nominal growth lowers it, while wide deficits push it up.
Recent readings
| Period | Government debt |
|---|---|
| Dec 2025 | 61.67% |
| Dec 2024 | 59.00% |
| Dec 2023 | 52.75% |
| Dec 2022 | 53.80% |
| Dec 2021 | 56.69% |
| Dec 2020 | 58.46% |
| Dec 2019 | 51.87% |
| Dec 2018 | 52.20% |
Data: Source: IMF — International Reserves and Foreign Currency Liquidity (IRFCL), International Liquidity (IL), Monetary and Financial Statistics (MFS), World Economic Outlook (WEO). Figures carry an effective date; confirm with the source before relying on them.
Frequently asked questions
How Much Government Debt Does Mexico Have in 2026?
Mexico's government debt was 61.67% in December 2025, up from 59.00% the previous year. A year earlier it stood at 59.00%.
Is the government debt rising or falling in Mexico?
It rose in the latest reading — 61.67% in December 2025 versus 59.00% a year earlier. Year on year it is higher.
What is government debt?
It measures total public debt expressed as a share of gross domestic product (debt-to-GDP).