Mexico vs Middle income: Interest payments
Mexico
15.8%
in 2023
Middle income
8.8%
in 2022
Mexico rank
24th
Middle income rank
24th
Interest payments over time
- Mexico
- Middle income
How they compare
Mexico currently reports 15.8% against 8.8% in Middle income, a difference of 7.0%.
That makes Mexico's figure about 1.8 times Middle income's.
Across all 14 years both countries report, Mexico has been ahead every year.
Mexico ranks 24th and Middle income ranks 24th of 152 countries.
Mexico has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Mexico | Middle income | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 11.5% | 7.2% | 4.2% | Mexico |
| 2010s | 11.3% | 7.8% | 3.5% | Mexico |
| 2020s | 14.0% | 9.1% | 4.9% | Mexico |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Mexico or Middle income?
- Mexico, at 15.8% against 8.8% in Middle income as of 2023.
- What is the difference in interest payments between Mexico and Middle income?
- 7.0%, with Mexico ahead.
- How many years of comparable data are there for Mexico and Middle income?
- 14 years are reported by both, from 2009 to 2022.
- How do Mexico and Middle income rank globally for interest payments?
- Mexico ranks 24th and Middle income ranks 24th of 152 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Interest payments (% of expense). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.