Interest, payable, Ratio of this level of government's expenditure on in Mexico
Mexico: Interest, payable, Ratio of this level of government's expenditure on was 0.9553 in 2020. ▼ Falling
Interest, payable, Ratio of this level of government's expenditure on in Mexico, 1991–2020
Source: International Monetary Fund.
Analysis
Mexico recorded 0.9553 for interest, payable, ratio of this level of government's expenditure on in 2020.
Compared with earlier readings it is up 2.4% on the previous year and up 0.7% over ten years.
Over the whole period, interest, payable, ratio of this level of government's expenditure on in Mexico peaked at 0.9985 in 1992 and was at its lowest, 0.9318, in 2015.
Mexico ranks 50th of 80 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 21 years of available data.
Interest, payable, Ratio of this level of government's expenditure on in Mexico, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 0.9941 | — |
| 1992 | 0.9985 | +0.4% |
| 1993 | 0.9972 | -0.1% |
| 1994 | 0.9963 | -0.1% |
| 1995 | 0.9937 | -0.3% |
| 1996 | 0.9759 | -1.8% |
| 1997 | 0.9689 | -0.7% |
| 1998 | 0.9333 | -3.7% |
| 2008 | 0.9526 | +2.1% |
| 2009 | 0.9651 | +1.3% |
| 2010 | 0.949 | -1.7% |
| 2011 | 0.9397 | -1.0% |
| 2012 | 0.9373 | -0.3% |
| 2013 | 0.933 | -0.5% |
| 2014 | 0.9323 | -0.1% |
| 2015 | 0.9318 | -0.1% |
| 2016 | 0.9341 | +0.2% |
| 2017 | 0.9342 | +0.0% |
| 2018 | 0.932 | -0.2% |
| 2019 | 0.933 | +0.1% |
| 2020 | 0.9553 | +2.4% |
Mexico compared with similar countries
- Mexico's 0.9553 is below the median for upper middle income countries, which is 0.9878, 97% of the median. (28 countries reporting)
- Mexico's 0.9553 is below the median for Latin America & Caribbean, which is 0.9886, 97% of the median. (10 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.9822 | 0.9333 | 0.9985 | 8 |
| 2000s | 0.9589 | 0.9526 | 0.9651 | 2 |
| 2010s | 0.9356 | 0.9318 | 0.949 | 10 |
| 2020s | 0.9553 | 0.9553 | 0.9553 | 1 |
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 interest, payable, ratio of this level of government's expenditure on in Mexico?
- Interest, payable, ratio of this level of government's expenditure on in Mexico was 0.9553 in 2020, according to International Monetary Fund.
- What is the highest interest, payable, ratio of this level of government's expenditure on recorded in Mexico?
- The highest recorded value was 0.9985 in 1992.
- What is the lowest interest, payable, ratio of this level of government's expenditure on recorded in Mexico?
- The lowest recorded value was 0.9318 in 2015.
- How does Mexico rank for interest, payable, ratio of this level of government's expenditure on?
- Mexico ranks 50th out of 80 countries with data for 2020.
- Is interest, payable, ratio of this level of government's expenditure on rising or falling in Mexico?
- Over the last ten years it is up 0.7%. The long-run trend across the full record is falling.
- Where does this Mexico data come from?
- The figures come from International Monetary Fund, published as part of Interest, payable, Ratio of this level of government's expenditure on this item to total general government expenditure on this, Percent (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.