Mexico: Interest payments (% of revenue)

Key figures

What the numbers say

In 2024, Mexico's interest payments (% of revenue) rose 1.45 percentage points on 2023 (from 18.55% to 20%).

Across the 30 yearly changes before that (1986 to 2023), the average change was −1.31 percentage points and a typical year strayed about 11.71 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 39.46 percentage points in 1986 and the biggest yearly fall was 34.45 percentage points in 1989. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 the straight-line trend is upward, about 0.9 percentage points a year. A straight line explains 96% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Mexico had the 8th highest value of the 86 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Mexico in the 2024 ranking

• Angola — 5th of 86: 25.19%
• Uganda — 6th of 86: 20.99%
• United States — 7th of 86: 20.29%
• Bahamas, The — 9th of 86: 19.98%
• Dominican Republic — 10th of 86: 19.35%
• South Africa — 11th of 86: 18.17%

What this measures

Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.

Limitations: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD).

Regional and income-group figures are computed by the World Bank as a median.

All 46 values

Interest payments (% of revenue) in nearby economies

• Argentina — 8.46% (2024)
• Bahamas, The — 19.98% (2024)
• Barbados — 25.63% (2016)
• Belize — 9.44% (2017)
• Brazil — 30.09% (2024)
• Chile — 5.22% (2024)
• Colombia — 13.9% (2024)
• Costa Rica — 16.61% (2024)
• Dominican Republic — 19.35% (2024)
• Ecuador — 4.66% (2022)
• El Salvador — 14.32% (2024)

More public sector data for Mexico

• Military expenditure (current USD) — 13.65 billion (2025)
• Military expenditure (current LCU) — 262.17 billion (2025)
• Military expenditure (% of GDP) — 0.74% (2025)
• Arms imports (SIPRI trend indicator values) — 9 million (2025)
• Net investment in nonfinancial assets (current LCU) — 297.68 billion (2024)
• Net investment in nonfinancial assets (% of GDP) — 0.89% (2024)
• Grants and other revenue (current LCU) — 692.29 billion (2024)
• Grants and other revenue (% of revenue) — 10.63% (2024)
• Social contributions (current LCU) — 852.36 billion (2024)
• Social contributions (% of revenue)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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Questions people ask

What is Mexico's interest payments (% of revenue)?

20% in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1972?

It is up 11.38 percentage points from 8.62% in 1972. The highest value was 114.44% in 1987 and the lowest 8.62% in 1972.

How does Mexico rank?

8th highest of 86 economies with data for 2024.

Is the latest change in interest payments (% of revenue) unusual for Mexico?

In 2024, Mexico's interest payments (% of revenue) rose 1.45 percentage points on 2023 (from 18.55% to 20%). Across the 30 yearly changes before that (1986 to 2023), the average change was −1.31 percentage points and a typical year strayed about 11.71 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator GC.XPN.INTP.RV.ZS, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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