Share of government expenditure going to interest payments in Mexico

Mexico: Share of government expenditure going to interest payments was 15.77 in 2023. ◆ Volatile

Latest (2023)
15.77
Change on year
up 6.1%
World rank
24th
of 152 countries
All-time high
63.98
in 1987
All-time low
8.77
in 1972
Years of data
44
1972–2023

Share of government expenditure going to interest payments in Mexico, 1972–2023

02040601972199720231972: 8.81973: 9.71974: 10.51975: 10.11976: 11.11977: 13.31978: 13.91979: 13.11980: 14.61981: 20.81982: 18.21983: 40.61984: 39.21985: 42.41986: 56.51987: 641988: 62.21989: 54.51990: 47.81991: 33.21992: 25.31993: 17.91994: 14.71995: 19.21996: 19.81997: 14.61998: 15.41999: 16.92000: 13.32009: 11.52010: 112011: 10.12012: 10.32013: 10.52014: 10.62015: 102016: 112017: 13.32018: 13.42019: 13.22020: 13.32021: 13.92022: 14.92023: 15.8

Source: Our World in Data.

Analysis

Mexico recorded 15.77 for share of government expenditure going to interest payments in 2023.

That represents a change of up 6.1% on the previous year and up 50.5% over ten years.

Over the whole period, share of government expenditure going to interest payments in Mexico peaked at 63.98 in 1987 and was at its lowest, 8.77, in 1972.

That places Mexico 24th out of 152 countries with data for 2023, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Share of government expenditure going to interest payments in Mexico, year by year

Annual values for Share of government expenditure going to interest payments in Mexico, 1972 to 2023.
Year Value Change
1972 8.77
1973 9.72 +10.8%
1974 10.48 +7.8%
1975 10.14 -3.2%
1976 11.11 +9.5%
1977 13.33 +20.0%
1978 13.85 +3.9%
1979 13.12 -5.3%
1980 14.62 +11.4%
1981 20.79 +42.2%
1982 18.24 -12.2%
1983 40.62 +122.7%
1984 39.16 -3.6%
1985 42.39 +8.2%
1986 56.54 +33.4%
1987 63.98 +13.2%
1988 62.2 -2.8%
1989 54.45 -12.5%
1990 47.83 -12.2%
1991 33.22 -30.6%
1992 25.26 -23.9%
1993 17.94 -29.0%
1994 14.65 -18.3%
1995 19.25 +31.4%
1996 19.81 +2.9%
1997 14.61 -26.3%
1998 15.44 +5.7%
1999 16.88 +9.3%
2000 13.33 -21.0%
2009 11.46 -14.1%
2010 10.98 -4.1%
2011 10.11 -7.9%
2012 10.28 +1.7%
2013 10.47 +1.9%
2014 10.57 +1.0%
2015 9.98 -5.7%
2016 11.04 +10.6%
2017 13.34 +20.8%
2018 13.38 +0.3%
2019 13.18 -1.5%
2020 13.28 +0.8%
2021 13.9 +4.7%
2022 14.86 +6.9%
2023 15.77 +6.1%

Averages by decade

DecadeAverage LowestHighest Years
1970s 11.32 8.77 13.85 8
1980s 41.3 14.62 63.98 10
1990s 22.49 14.61 47.83 10
2000s 12.39 11.46 13.33 2
2010s 11.33 9.98 13.38 10
2020s 14.45 13.28 15.77 4

Countries ranked near Mexico

  1. 21 Kenya 16.38 compare
  2. 22 Togo 16.19 compare
  3. 23 Saint Lucia 16.07 compare
  4. 25 Philippines 15.31 compare
  5. 26 Lebanon 15.23 compare
  6. 27 Malaysia 14.93 compare

See the full ranking of 152 places →

More reference data data for Mexico

All data for Mexico →

Frequently asked questions

What is share of government expenditure going to interest payments in Mexico?
Share of government expenditure going to interest payments in Mexico was 15.77 in 2023, according to Our World in Data.
What is the highest share of government expenditure going to interest payments recorded in Mexico?
The highest recorded value was 63.98 in 1987.
What is the lowest share of government expenditure going to interest payments recorded in Mexico?
The lowest recorded value was 8.77 in 1972.
How does Mexico rank for share of government expenditure going to interest payments?
Mexico ranks 24th out of 152 countries with data for 2023.
Is share of government expenditure going to interest payments rising or falling in Mexico?
Over the last ten years it is up 50.5%. The long-run trend across the full record is volatile.
Where does this Mexico data come from?
The figures come from Our World in Data, published as part of Share of government expenditure going to interest payments. Statizoid updates them automatically from the source API.

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Share of government expenditure going to interest payments in Mexico. Statizoid, drawing on Our World in Data. Retrieved 24 August 2026, from https://reference.statizoid.com/stat/share-of-government-expenditure-going-to-interest-payments/mexico/

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About this data

Indicator
Share of government expenditure going to interest payments
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
152 places, 4,278 data points, 1972–2024
Last refreshed