Taxes on goods and services (current LCU), annual growth rate in Mexico
Mexico: Taxes on goods and services (current LCU), annual growth rate was 12.04 % change on previous year in 2024. ◆ Volatile
Taxes on goods and services (current LCU), annual growth rate in Mexico, 1973–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Mexico recorded 12.04 % change on previous year for taxes on goods and services (current lcu), annual growth rate in 2024.
The figure is down 47.9% on the previous year and down 50.7% over ten years.
Over the whole period, taxes on goods and services (current lcu), annual growth rate in Mexico peaked at 178.44 % change on previous year in 1987 and was at its lowest, -4.61 % change on previous year, in 2009.
That places Mexico 63rd out of 156 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services (current LCU), annual growth rate in Mexico, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1973 | 31.58 % change on previous year | — |
| 1974 | 52 % change on previous year | +64.7% |
| 1975 | 52.63 % change on previous year | +1.2% |
| 1976 | 13.79 % change on previous year | -73.8% |
| 1977 | 39.39 % change on previous year | +185.6% |
| 1978 | 25 % change on previous year | -36.5% |
| 1979 | 37.39 % change on previous year | +49.6% |
| 1980 | 114.56 % change on previous year | +206.4% |
| 1981 | 37.17 % change on previous year | -67.6% |
| 1982 | 85.59 % change on previous year | +130.3% |
| 1983 | 151.33 % change on previous year | +76.8% |
| 1984 | 54.96 % change on previous year | -63.7% |
| 1985 | 55.58 % change on previous year | +1.1% |
| 1986 | 43.81 % change on previous year | -21.2% |
| 1987 | 178.44 % change on previous year | +307.3% |
| 1988 | 78.97 % change on previous year | -55.7% |
| 1989 | 29.55 % change on previous year | -62.6% |
| 1990 | 30.77 % change on previous year | +4.1% |
| 1991 | 21.52 % change on previous year | -30.1% |
| 1992 | 11.57 % change on previous year | -46.2% |
| 1993 | 5.62 % change on previous year | -51.5% |
| 1994 | 11.83 % change on previous year | +110.7% |
| 1995 | 50.1 % change on previous year | +323.4% |
| 1996 | 43.41 % change on previous year | -13.4% |
| 1997 | 27.36 % change on previous year | -37.0% |
| 1998 | 5.75 % change on previous year | -79.0% |
| 1999 | 24.38 % change on previous year | +324.1% |
| 2000 | 37.37 % change on previous year | +53.3% |
| 2009 | -4.61 % change on previous year | -112.3% |
| 2010 | 16.39 % change on previous year | -455.4% |
| 2011 | 3.54 % change on previous year | -78.4% |
| 2012 | 6.69 % change on previous year | +88.9% |
| 2013 | -3.87 % change on previous year | -157.8% |
| 2014 | 24.44 % change on previous year | -731.9% |
| 2015 | 30.71 % change on previous year | +25.7% |
| 2016 | 13.65 % change on previous year | -55.5% |
| 2017 | -1.4 % change on previous year | -110.3% |
| 2018 | 7.86 % change on previous year | -660.5% |
| 2019 | 9.56 % change on previous year | +21.7% |
| 2020 | 3.65 % change on previous year | -61.9% |
| 2021 | 5.58 % change on previous year | +53.0% |
| 2022 | -3.08 % change on previous year | -155.3% |
| 2023 | 23.13 % change on previous year | -850.2% |
| 2024 | 12.04 % change on previous year | -47.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 35.97 % change on previous year | 13.79 % change on previous year | 52.63 % change on previous year | 7 |
| 1980s | 83 % change on previous year | 29.55 % change on previous year | 178.44 % change on previous year | 10 |
| 1990s | 23.23 % change on previous year | 5.62 % change on previous year | 50.1 % change on previous year | 10 |
| 2000s | 16.38 % change on previous year | -4.61 % change on previous year | 37.37 % change on previous year | 2 |
| 2010s | 10.76 % change on previous year | -3.87 % change on previous year | 30.71 % change on previous year | 10 |
| 2020s | 8.26 % change on previous year | -3.08 % change on previous year | 23.13 % change on previous year | 5 |
Countries ranked near Mexico
- 60 Tunisia 13.15 % change on previous year compare
- 61 Iceland 13.12 % change on previous year compare
- 62 Democratic Republic of Congo 12.33 % change on previous year compare
- 64 Burundi 11.85 % change on previous year compare
- 65 Bolivia 11.66 % change on previous year compare
- 66 Switzerland 11.52 % change on previous year compare
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 taxes on goods and services (current lcu), annual growth rate in Mexico?
- Taxes on goods and services (current lcu), annual growth rate in Mexico was 12.04 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), annual growth rate recorded in Mexico?
- The highest recorded value was 178.44 % change on previous year in 1987.
- What is the lowest taxes on goods and services (current lcu), annual growth rate recorded in Mexico?
- The lowest recorded value was -4.61 % change on previous year in 2009.
- How does Mexico rank for taxes on goods and services (current lcu), annual growth rate?
- Mexico ranks 63rd out of 156 countries with data for 2024.
- Is taxes on goods and services (current lcu), annual growth rate rising or falling in Mexico?
- Over the last ten years it is down 50.7%. The long-run trend across the full record is volatile.
- Where does this Mexico data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.