Goods and services expense in Mexico
Mexico: Goods and services expense was 5.9% in 2023. ▼ Falling
Goods and services expense in Mexico, 1972–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for goods and services expense in Mexico is 5.9%, measured in 2023.
The figure is down 10.1% on the previous year and down 14.6% over ten years.
Over the whole period, goods and services expense in Mexico peaked at 15.8% in 1972 and was at its lowest, 5.0%, in 1987.
Mexico ranks 141st of 154 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 44 years of available data.
Goods and services expense in Mexico, year by year
| Year | % of expense | Change |
|---|---|---|
| 1972 | 15.8% | — |
| 1973 | 13.9% | -12.0% |
| 1974 | 14.3% | +2.9% |
| 1975 | 13.0% | -8.7% |
| 1976 | 12.8% | -2.0% |
| 1977 | 9.6% | -25.0% |
| 1978 | 10.5% | +9.3% |
| 1979 | 10.1% | -3.1% |
| 1980 | 9.6% | -5.9% |
| 1981 | 11.9% | +24.9% |
| 1982 | 5.5% | -54.2% |
| 1983 | 6.0% | +9.4% |
| 1984 | 6.7% | +12.5% |
| 1985 | 6.4% | -5.0% |
| 1986 | 6.2% | -3.4% |
| 1987 | 5.0% | -19.7% |
| 1988 | 6.8% | +36.6% |
| 1989 | 7.7% | +14.3% |
| 1990 | 7.5% | -2.9% |
| 1991 | 10.4% | +38.9% |
| 1992 | 10.4% | -0.4% |
| 1993 | 10.4% | +0.4% |
| 1994 | 10.6% | +2.0% |
| 1995 | 8.8% | -17.3% |
| 1996 | 9.2% | +4.4% |
| 1997 | 9.1% | -0.8% |
| 1998 | 7.6% | -16.9% |
| 1999 | 7.3% | -3.9% |
| 2000 | 7.9% | +8.2% |
| 2009 | 7.3% | -7.4% |
| 2010 | 7.0% | -4.1% |
| 2011 | 6.9% | -1.0% |
| 2012 | 7.0% | +1.8% |
| 2013 | 6.9% | -1.6% |
| 2014 | 7.0% | +1.5% |
| 2015 | 7.6% | +7.9% |
| 2016 | 7.2% | -4.9% |
| 2017 | 6.9% | -4.9% |
| 2018 | 7.1% | +3.6% |
| 2019 | 6.0% | -15.4% |
| 2020 | 5.6% | -7.0% |
| 2021 | 6.8% | +22.2% |
| 2022 | 6.6% | -3.7% |
| 2023 | 5.9% | -10.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.5% | 9.6% | 15.8% | 8 |
| 1980s | 7.2% | 5.0% | 11.9% | 10 |
| 1990s | 9.1% | 7.3% | 10.6% | 10 |
| 2000s | 7.6% | 7.3% | 7.9% | 2 |
| 2010s | 7.0% | 6.0% | 7.6% | 10 |
| 2020s | 6.2% | 5.6% | 6.8% | 4 |
Countries ranked near Mexico
More public sector data for Mexico
- Arms imports 46.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.3515 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -98.76 % change on previous year (2021)
- Arms imports (SIPRI trend indicator values), gaps filled 46.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 127.82 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0091 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 41.44 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 16.73 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 2.06 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is goods and services expense in Mexico?
- Goods and services expense in Mexico was 5.9% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Mexico?
- The highest recorded value was 15.8% in 1972.
- What is the lowest goods and services expense recorded in Mexico?
- The lowest recorded value was 5.0% in 1987.
- How does Mexico rank for goods and services expense?
- Mexico ranks 141st out of 154 countries with data for 2023.
- Is goods and services expense rising or falling in Mexico?
- Over the last ten years it is down 14.6%. The long-run trend across the full record is falling.
- 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 Goods and services expense (% of expense). Statizoid updates them automatically from the source API.
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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 own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.