Mexico vs United States: Expense

Mexico
7.16 trillion current LCU
in 2023
United States
6.80 trillion current LCU
in 2023
Mexico rank
28th
United States rank
29th

Expense over time

  • Mexico
  • United States
02.0T4.0T6.0T8.0T197219972023

How they compare

Mexico currently reports 7.16 trillion current LCU against 6.80 trillion current LCU in United States, a difference of 361.73 billion current LCU.

That makes Mexico's figure about 1.1 times United States's.

The two have swapped places 3 times across 44 shared years of data; in 1972 it was United States ahead.

Mexico ranks 28th and United States ranks 29th of 157 countries.

United States has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Mexico United States Difference Ahead
1970s 186.50 million current LCU 351.47 billion current LCU 351.28 billion current LCU United States
1980s 30.34 billion current LCU 900.36 billion current LCU 870.02 billion current LCU United States
1990s 311.65 billion current LCU 1.54 trillion current LCU 1.23 trillion current LCU United States
2000s 1.74 trillion current LCU 2.77 trillion current LCU 1.03 trillion current LCU United States
2010s 3.93 trillion current LCU 4.17 trillion current LCU 237.03 billion current LCU United States
2020s 6.14 trillion current LCU 6.85 trillion current LCU 718.10 billion current LCU United States

Averages of every year both report within each decade.

Frequently asked questions

Which has higher expense, Mexico or United States?
Mexico, at 7.16 trillion current LCU against 6.80 trillion current LCU in United States as of 2023.
What is the difference in expense between Mexico and United States?
361.73 billion current LCU, with Mexico ahead.
How many years of comparable data are there for Mexico and United States?
44 years are reported by both, from 1972 to 2023.
How do Mexico and United States rank globally for expense?
Mexico ranks 28th and United States ranks 29th of 157 countries.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Expense (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Expense (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
157 places, 4,452 data points, 1972–2024
Last refreshed

Expense is a decrease in net worth resulting from a transaction. 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.