Mexico: Multilateral debt service (% of public and publicly guaranteed debt service)

Key figures

What the numbers say

In 2024, Mexico's multilateral debt service (% of public and publicly guaranteed debt service) fell 7.49 percentage points on 2023 (from 17.88% to 10.39%).

Across the 30 yearly changes before that (1994 to 2023), the average change was −0.19 percentage points and a typical year strayed about 6.42 percentage points from that (the standard deviation). This year's change was 1.1 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 17.09 percentage points in 2006 and the biggest yearly fall was 22.77 percentage points in 2007. 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 0.84 percentage points a year. A straight line explains 39% 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 114th highest value of the 119 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

• Indonesia — 110th of 119: 12.77%
• Brazil — 111th of 119: 11.89%
• Congo, Rep. — 112th of 119: 10.64%
• South Africa — 114th of 119: 10.09%
• Mauritius — 115th of 119: 8.57%
• China — 116th of 119: 7.54%

What this measures

Multilateral debt service is the repayment of principal and interest to the World Bank, regional development banks, and other multilateral agencies. public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity.

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

All 55 values

Multilateral debt service (% of public and publicly guaranteed debt service) in nearby economies

• Argentina — 35.62% (2024)
• Belize — 52.51% (2024)
• Bolivia — 71.3% (2024)
• Brazil — 11.89% (2024)
• Colombia — 15.94% (2024)
• Dominica — 30.16% (2024)
• Dominican Republic — 24.58% (2024)
• Ecuador — 39.16% (2024)

More economic policy & debt data for Mexico

• Total reserves, including gold (current US$) — US$256.18 billion (2025)
• Total reserves, excluding gold (current US$) — US$239.31 billion (2025)
• General government final consumption expenditure (current US$) — US$216.08 billion (2025)
• General government final consumption expenditure (current LCU) — 4.16 trillion (2025)
• General government final consumption expenditure (constant 2015 US$) — US$162.1 billion (2025)
• General government final consumption expenditure (constant LCU) — 2.9 trillion (2025)
• General government final consumption expenditure (% of GDP) — 11.79% (2025)
• Households and NPISHs final consumption expenditure (current US$) — US$1.29 trillion (2025)

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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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Mexico's multilateral debt service (% of public and publicly guaranteed debt service)?

10.39% in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1970?

It is down 1.58 percentage points from 11.97% in 1970. The highest value was 29% in 2006 and the lowest 3.49% in 1979.

How does Mexico rank?

114th highest of 119 economies with data for 2024.

Is the latest change in multilateral debt service (% of public and publicly guaranteed debt service) unusual for Mexico?

In 2024, Mexico's multilateral debt service (% of public and publicly guaranteed debt service) fell 7.49 percentage points on 2023 (from 17.88% to 10.39%). Across the 30 yearly changes before that (1994 to 2023), the average change was −0.19 percentage points and a typical year strayed about 6.42 percentage points from that (the standard deviation). This year's change was 1.1 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

Source

World Bank, World Development Indicators, indicator DT.TDS.MLAT.PG.ZS, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB) 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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