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Mexico—Government Expense (% of GDP)

Category: Fiscal & MonetarySource: World Bank World Development Indicators ↗Global Rank: #90 of 138Series years: 2000–2023
Latest Value
22.5%
2023
YoY Change
+0.7%
2022 → 2023
Global Rank
#90
of 138 countries
Maximum
22.5%
2023
Minimum
12.1%
2000
CAGR
+2.7%
16 years
Last
22.5%
Previous
22.3%
Highest
22.5%
Lowest
12.1%
Unit
% of GDP
Source
World Bank World Development Indicators

Mexico's government expense (% of GDP) was 22.5% in 2023, ranking #90 out of 138 countries. This represents a +0.7% change from 2022. Over the past 16 years, the highest recorded value was 22.5% (2023) and the lowest was 12.1% (2000). Data sourced from the World Bank World Development Indicators.

Mexico — Government Expense (% of GDP): 22.4594139014718 % of GDP for reference year 2023. Source: World Bank (World Development Indicators). Reference year does not establish final observed status; publisher vintage is not verified here.
Source: World Bank World Development Indicators

Historical Data

YearValueChange
202322.5%+0.7%
202222.3%+6.8%
202120.9%-3.7%
202021.7%+9.5%
201919.8%-0.3%
201819.9%+0.0%
201719.9%-2.3%
201620.3%-2.6%
201520.9%-0.6%
201421.0%+1.5%
201320.7%-1.2%
201220.9%+0.3%
201120.9%+1.9%
201020.5%-0.5%
200920.6%+70.1%
200012.1%

Top Countries — Government Expense (% of GDP)

#CountryValueYear
1Naoero103.6%2020
2Kiribati83.7%2023
3Ukraine65.6%2023
4Marshall Islands59.4%2020
5Palau59.0%2020
6Timor-Leste52.5%2022
7Greece47.3%2023
8Italy47.3%2023
9France47.3%2023
10Austria46.0%2023
View all 138 countries →

About This Indicator

Definition

Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Methodology

Original contributors: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD)

Unit

% of GDP

Source: World Bank (World Development Indicators)View original source →