Subsidies, payable, Ratio of this level of government's expenditure in Mexico
Mexico: Subsidies, payable, Ratio of this level of government's expenditure was 0.8765 in 2020. ▼ Falling
Subsidies, payable, Ratio of this level of government's expenditure in Mexico, 2008–2020
Source: International Monetary Fund.
Analysis
The most recent figure for subsidies, payable, ratio of this level of government's expenditure in Mexico is 0.8765, measured in 2020.
That represents a change of up 3.0% on the previous year and down 7.7% over ten years.
Over the whole period, subsidies, payable, ratio of this level of government's expenditure in Mexico peaked at 0.9581 in 2013 and was at its lowest, 0.8507, in 2019.
That places Mexico 32nd out of 75 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 13 years of available data.
Subsidies, payable, Ratio of this level of government's expenditure in Mexico, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 0.9513 | — |
| 2009 | 0.9581 | +0.7% |
| 2010 | 0.95 | -0.8% |
| 2011 | 0.9498 | -0.0% |
| 2012 | 0.9498 | -0.0% |
| 2013 | 0.9581 | +0.9% |
| 2014 | 0.9255 | -3.4% |
| 2015 | 0.9021 | -2.5% |
| 2016 | 0.9047 | +0.3% |
| 2017 | 0.8952 | -1.0% |
| 2018 | 0.8839 | -1.3% |
| 2019 | 0.8507 | -3.8% |
| 2020 | 0.8765 | +3.0% |
Mexico compared with similar countries
- Mexico's 0.8765 is below the median for upper middle income countries, which is 0.9018, 97% of the median. (25 countries reporting)
- Mexico's 0.8765 is above the median for Latin America & Caribbean, which is 0.851, 1.0× the median. (8 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.9547 | 0.9513 | 0.9581 | 2 |
| 2010s | 0.917 | 0.8507 | 0.9581 | 10 |
| 2020s | 0.8765 | 0.8765 | 0.8765 | 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 subsidies, payable, ratio of this level of government's expenditure in Mexico?
- Subsidies, payable, ratio of this level of government's expenditure in Mexico was 0.8765 in 2020, according to International Monetary Fund.
- What is the highest subsidies, payable, ratio of this level of government's expenditure recorded in Mexico?
- The highest recorded value was 0.9581 in 2013.
- What is the lowest subsidies, payable, ratio of this level of government's expenditure recorded in Mexico?
- The lowest recorded value was 0.8507 in 2019.
- How does Mexico rank for subsidies, payable, ratio of this level of government's expenditure?
- Mexico ranks 32nd out of 75 countries with data for 2020.
- Is subsidies, payable, ratio of this level of government's expenditure rising or falling in Mexico?
- Over the last ten years it is down 7.7%. 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 Subsidies, 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.