Expense in Mexico
Mexico: Expense was 7.16 trillion current LCU in 2023. ◆ Volatile
Expense in Mexico, 1972–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2023, expense in Mexico stood at 7.16 trillion current LCU. That is the highest value across all 44 years on record.
The figure is up 8.7% on the previous year and up 104.0% over ten years.
Over the whole period, expense in Mexico peaked at 7.16 trillion current LCU in 2023 and was at its lowest, 57.00 million current LCU, in 1972.
Mexico ranks 28th of 157 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Expense in Mexico, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 57.00 million current LCU | — |
| 1973 | 72.00 million current LCU | +26.3% |
| 1974 | 105.00 million current LCU | +45.8% |
| 1975 | 138.00 million current LCU | +31.4% |
| 1976 | 180.00 million current LCU | +30.4% |
| 1977 | 240.00 million current LCU | +33.3% |
| 1978 | 296.00 million current LCU | +23.3% |
| 1979 | 404.00 million current LCU | +36.5% |
| 1980 | 513.00 million current LCU | +27.0% |
| 1981 | 813.00 million current LCU | +58.5% |
| 1982 | 2.29 billion current LCU | +181.2% |
| 1983 | 3.95 billion current LCU | +72.6% |
| 1984 | 5.77 billion current LCU | +46.2% |
| 1985 | 10.30 billion current LCU | +78.5% |
| 1986 | 20.50 billion current LCU | +99.1% |
| 1987 | 55.57 billion current LCU | +171.1% |
| 1988 | 98.25 billion current LCU | +76.8% |
| 1989 | 105.41 billion current LCU | +7.3% |
| 1990 | 124.32 billion current LCU | +17.9% |
| 1991 | 130.18 billion current LCU | +4.7% |
| 1992 | 150.18 billion current LCU | +15.4% |
| 1993 | 169.61 billion current LCU | +12.9% |
| 1994 | 194.42 billion current LCU | +14.6% |
| 1995 | 275.38 billion current LCU | +41.6% |
| 1996 | 364.92 billion current LCU | +32.5% |
| 1997 | 484.14 billion current LCU | +32.7% |
| 1998 | 536.88 billion current LCU | +10.9% |
| 1999 | 686.49 billion current LCU | +27.9% |
| 2000 | 848.76 billion current LCU | +23.6% |
| 2009 | 2.62 trillion current LCU | +209.1% |
| 2010 | 2.86 trillion current LCU | +9.0% |
| 2011 | 3.19 trillion current LCU | +11.4% |
| 2012 | 3.46 trillion current LCU | +8.6% |
| 2013 | 3.51 trillion current LCU | +1.4% |
| 2014 | 3.81 trillion current LCU | +8.6% |
| 2015 | 4.01 trillion current LCU | +5.4% |
| 2016 | 4.22 trillion current LCU | +5.2% |
| 2017 | 4.48 trillion current LCU | +6.1% |
| 2018 | 4.80 trillion current LCU | +7.3% |
| 2019 | 4.98 trillion current LCU | +3.6% |
| 2020 | 5.23 trillion current LCU | +5.0% |
| 2021 | 5.58 trillion current LCU | +6.7% |
| 2022 | 6.59 trillion current LCU | +18.1% |
| 2023 | 7.16 trillion current LCU | +8.7% |
Mexico compared with similar countries
- Mexico's 7.16 trillion current LCU is above the median for upper middle income countries, which is 310.25 billion current LCU, 23.1× the median. (47 countries reporting)
- Mexico's 7.16 trillion current LCU is above the median for Latin America & Caribbean, which is 110.36 billion current LCU, 64.9× the median. (25 countries reporting)
Biggest year-on-year movements
Years where Expense in Mexico changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +209.1% | 848.76 billion current LCU | 2.62 trillion current LCU |
| 1982 | +181.2% | 813.00 million current LCU | 2.29 billion current LCU |
| 1987 | +171.1% | 20.50 billion current LCU | 55.57 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 186.50 million current LCU | 57.00 million current LCU | 404.00 million current LCU | 8 |
| 1980s | 30.34 billion current LCU | 513.00 million current LCU | 105.41 billion current LCU | 10 |
| 1990s | 311.65 billion current LCU | 124.32 billion current LCU | 686.49 billion current LCU | 10 |
| 2000s | 1.74 trillion current LCU | 848.76 billion current LCU | 2.62 trillion current LCU | 2 |
| 2010s | 3.93 trillion current LCU | 2.86 trillion current LCU | 4.98 trillion current LCU | 10 |
| 2020s | 6.14 trillion current LCU | 5.23 trillion current LCU | 7.16 trillion current LCU | 4 |
Countries ranked near Mexico
- 25 Turkey 8.95 trillion current LCU compare
- 26 Cote d'Ivoire 8.76 trillion current LCU compare
- 27 Madagascar 7.84 trillion current LCU compare
- 29 United States 6.80 trillion current LCU compare
- 30 Angola 5.06 trillion current LCU compare
- 31 Sri Lanka 4.97 trillion current LCU compare
More public sector data for Mexico
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 6 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is expense in Mexico?
- Expense in Mexico was 7.16 trillion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Mexico?
- The highest recorded value was 7.16 trillion current LCU in 2023.
- What is the lowest expense recorded in Mexico?
- The lowest recorded value was 57.00 million current LCU in 1972.
- How does Mexico rank for expense?
- Mexico ranks 28th out of 157 countries with data for 2023.
- Is expense rising or falling in Mexico?
- Over the last ten years it is up 104.0%. The long-run trend across the full record is volatile.
- Where does this Mexico data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
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.