Subsidies and other transfers in Mexico
Mexico: Subsidies and other transfers was 63.1% in 2023. ▬ Flat
Subsidies and other transfers in Mexico, 2009–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for subsidies and other transfers in Mexico is 63.1%, measured in 2023.
That represents a change of up 4.0% on the previous year and up 1.2% over ten years.
Over the whole period, subsidies and other transfers in Mexico peaked at 65.4% in 2019 and was at its lowest, 58.2%, in 2012.
Mexico ranks 24th of 152 countries on this measure, in the top quarter.
Subsidies and other transfers in Mexico, year by year
| Year | % of expense | Change |
|---|---|---|
| 2009 | 61.5% | — |
| 2010 | 61.4% | -0.1% |
| 2011 | 61.1% | -0.6% |
| 2012 | 58.2% | -4.7% |
| 2013 | 62.4% | +7.2% |
| 2014 | 63.5% | +1.7% |
| 2015 | 64.5% | +1.5% |
| 2016 | 64.3% | -0.3% |
| 2017 | 63.6% | -1.0% |
| 2018 | 64.1% | +0.8% |
| 2019 | 65.4% | +2.0% |
| 2020 | 64.9% | -0.7% |
| 2021 | 62.6% | -3.5% |
| 2022 | 60.7% | -3.1% |
| 2023 | 63.1% | +4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 61.5% | 61.5% | 61.5% | 1 |
| 2010s | 62.8% | 58.2% | 65.4% | 10 |
| 2020s | 62.8% | 60.7% | 64.9% | 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 subsidies and other transfers in Mexico?
- Subsidies and other transfers in Mexico was 63.1% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Mexico?
- The highest recorded value was 65.4% in 2019.
- What is the lowest subsidies and other transfers recorded in Mexico?
- The lowest recorded value was 58.2% in 2012.
- How does Mexico rank for subsidies and other transfers?
- Mexico ranks 24th out of 152 countries with data for 2023.
- Is subsidies and other transfers rising or falling in Mexico?
- Over the last ten years it is up 1.2%. The long-run trend across the full record is flat.
- 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 Subsidies and other transfers (% of expense). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.