Mexico vs United States: Goods and services expense
Goods and services expense over time
- Mexico
- United States
How they compare
Mexico currently reports 514.45 billion current LCU against 467.27 billion current LCU in United States, a difference of 47.19 billion current LCU.
That makes Mexico's figure about 1.1 times United States's.
The two have swapped places 5 times across 46 shared years of data; in 1972 it was United States ahead.
Mexico ranks 36th and United States ranks 37th of 155 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 | 21.25 million current LCU | 65.92 billion current LCU | 65.90 billion current LCU | United States |
| 1980s | 2.04 billion current LCU | 181.07 billion current LCU | 179.03 billion current LCU | United States |
| 1990s | 26.93 billion current LCU | 227.74 billion current LCU | 200.80 billion current LCU | United States |
| 2000s | 140.51 billion current LCU | 305.18 billion current LCU | 164.67 billion current LCU | United States |
| 2010s | 273.42 billion current LCU | 332.01 billion current LCU | 58.60 billion current LCU | United States |
| 2020s | 409.18 billion current LCU | 429.03 billion current LCU | 19.85 billion current LCU | United States |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods and services expense, Mexico or United States?
- Mexico, at 514.45 billion current LCU against 467.27 billion current LCU in United States as of 2024.
- What is the difference in goods and services expense between Mexico and United States?
- 47.19 billion current LCU, with Mexico ahead.
- How many years of comparable data are there for Mexico and United States?
- 46 years are reported by both, from 1972 to 2024.
- How do Mexico and United States rank globally for goods and services expense?
- Mexico ranks 36th and United States ranks 37th of 155 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods and services expense (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. 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.