Brazil vs Mexico: Central government debt, total
Central government debt, total over time
- Brazil
- Mexico
How they compare
Mexico currently reports 16.84 trillion current LCU against 9.64 trillion current LCU in Brazil, a difference of 7.20 trillion current LCU.
That makes Mexico's figure about 1.7 times Brazil's.
Across all 6 years both countries report, Mexico has been ahead every year.
Brazil ranks 15th and Mexico ranks 12th of 83 countries.
Mexico has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Brazil | Mexico | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 6.84 trillion current LCU | 10.38 trillion current LCU | 3.54 trillion current LCU | Mexico |
| 2020s | 8.37 trillion current LCU | 13.45 trillion current LCU | 5.07 trillion current LCU | Mexico |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher central government debt, total, Brazil or Mexico?
- Mexico, at 16.84 trillion current LCU against 9.64 trillion current LCU in Brazil as of 2024.
- What is the difference in central government debt, total between Brazil and Mexico?
- 7.20 trillion current LCU, with Mexico ahead.
- How many years of comparable data are there for Brazil and Mexico?
- 6 years are reported by both, from 2019 to 2024.
- How do Brazil and Mexico rank globally for central government debt, total?
- Brazil ranks 15th and Mexico ranks 12th of 83 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Central government debt, total (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Central government is the part of general government that includes all administrative departments of the national executive, legislative, and judicial functions, other central agencies and those non-market producers controlled by the central government, whose competence extends normally over the whole economic territory. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.