Taxes on goods and services (current LCU), per unit of GDP in Mexico
Mexico: Taxes on goods and services (current LCU), per unit of GDP was 1.13 current LCU per US$ of GDP in 2024. ◆ Volatile
Taxes on goods and services (current LCU), per unit of GDP in Mexico, 1972–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Mexico recorded 1.13 current LCU per US$ of GDP for taxes on goods and services (current lcu), per unit of gdp in 2024.
Compared with earlier readings it is up 9.8% on the previous year and up 88.8% over ten years.
Over the whole period, taxes on goods and services (current lcu), per unit of gdp in Mexico peaked at 1.31 current LCU per US$ of GDP in 2020 and was at its lowest, 0.0004 current LCU per US$ of GDP, in 1972.
Mexico ranks 77th of 157 countries on this measure, 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), per unit of GDP in Mexico, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1972 | 0.0004 current LCU per US$ of GDP | — |
| 1973 | 0.0005 current LCU per US$ of GDP | +7.6% |
| 1974 | 0.0005 current LCU per US$ of GDP | +16.7% |
| 1975 | 0.0007 current LCU per US$ of GDP | +24.9% |
| 1976 | 0.0007 current LCU per US$ of GDP | +12.7% |
| 1977 | 0.0011 current LCU per US$ of GDP | +51.2% |
| 1978 | 0.0011 current LCU per US$ of GDP | -0.3% |
| 1979 | 0.0012 current LCU per US$ of GDP | +4.8% |
| 1980 | 0.0016 current LCU per US$ of GDP | +40.4% |
| 1981 | 0.0018 current LCU per US$ of GDP | +6.9% |
| 1982 | 0.0047 current LCU per US$ of GDP | +165.2% |
| 1983 | 0.0139 current LCU per US$ of GDP | +197.1% |
| 1984 | 0.0182 current LCU per US$ of GDP | +31.4% |
| 1985 | 0.0268 current LCU per US$ of GDP | +46.8% |
| 1986 | 0.0559 current LCU per US$ of GDP | +108.7% |
| 1987 | 0.1419 current LCU per US$ of GDP | +153.9% |
| 1988 | 0.2063 current LCU per US$ of GDP | +45.4% |
| 1989 | 0.2193 current LCU per US$ of GDP | +6.3% |
| 1990 | 0.243 current LCU per US$ of GDP | +10.8% |
| 1991 | 0.2464 current LCU per US$ of GDP | +1.4% |
| 1992 | 0.237 current LCU per US$ of GDP | -3.8% |
| 1993 | 0.1715 current LCU per US$ of GDP | -27.7% |
| 1994 | 0.1837 current LCU per US$ of GDP | +7.1% |
| 1995 | 0.4014 current LCU per US$ of GDP | +118.6% |
| 1996 | 0.5064 current LCU per US$ of GDP | +26.2% |
| 1997 | 0.5325 current LCU per US$ of GDP | +5.1% |
| 1998 | 0.5288 current LCU per US$ of GDP | -0.7% |
| 1999 | 0.5808 current LCU per US$ of GDP | +9.8% |
| 2000 | 0.6787 current LCU per US$ of GDP | +16.9% |
| 2008 | 0.4785 current LCU per US$ of GDP | -29.5% |
| 2009 | 0.5619 current LCU per US$ of GDP | +17.4% |
| 2010 | 0.5582 current LCU per US$ of GDP | -0.7% |
| 2011 | 0.5199 current LCU per US$ of GDP | -6.9% |
| 2012 | 0.5431 current LCU per US$ of GDP | +4.5% |
| 2013 | 0.4937 current LCU per US$ of GDP | -9.1% |
| 2014 | 0.5976 current LCU per US$ of GDP | +21.1% |
| 2015 | 0.8785 current LCU per US$ of GDP | +47.0% |
| 2016 | 1.09 current LCU per US$ of GDP | +24.0% |
| 2017 | 1 current LCU per US$ of GDP | -7.9% |
| 2018 | 1.03 current LCU per US$ of GDP | +2.2% |
| 2019 | 1.08 current LCU per US$ of GDP | +5.5% |
| 2020 | 1.31 current LCU per US$ of GDP | +20.6% |
| 2021 | 1.17 current LCU per US$ of GDP | -10.1% |
| 2022 | 1.02 current LCU per US$ of GDP | -13.0% |
| 2023 | 1.03 current LCU per US$ of GDP | +0.7% |
| 2024 | 1.13 current LCU per US$ of GDP | +9.8% |
Mexico compared with similar countries
- Mexico's 1.13 current LCU per US$ of GDP is below the median for upper middle income countries, which is 1.74 current LCU per US$ of GDP, 65% of the median. (48 countries reporting)
- Mexico's 1.13 current LCU per US$ of GDP is above the median for Latin America & Caribbean, which is 0.5148 current LCU per US$ of GDP, 2.2× the median. (25 countries reporting)
Biggest year-on-year movements
Years where Taxes on goods and services (current LCU), per unit of GDP in Mexico changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1983 | +197.1% | 0.0047 current LCU per US$ of GDP | 0.0139 current LCU per US$ of GDP |
| 1982 | +165.2% | 0.0018 current LCU per US$ of GDP | 0.0047 current LCU per US$ of GDP |
| 1987 | +153.9% | 0.0559 current LCU per US$ of GDP | 0.1419 current LCU per US$ of GDP |
| 1995 | +118.6% | 0.1837 current LCU per US$ of GDP | 0.4014 current LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0008 current LCU per US$ of GDP | 0.0004 current LCU per US$ of GDP | 0.0012 current LCU per US$ of GDP | 8 |
| 1980s | 0.069 current LCU per US$ of GDP | 0.0016 current LCU per US$ of GDP | 0.2193 current LCU per US$ of GDP | 10 |
| 1990s | 0.3631 current LCU per US$ of GDP | 0.1715 current LCU per US$ of GDP | 0.5808 current LCU per US$ of GDP | 10 |
| 2000s | 0.573 current LCU per US$ of GDP | 0.4785 current LCU per US$ of GDP | 0.6787 current LCU per US$ of GDP | 3 |
| 2010s | 0.7791 current LCU per US$ of GDP | 0.4937 current LCU per US$ of GDP | 1.09 current LCU per US$ of GDP | 10 |
| 2020s | 1.13 current LCU per US$ of GDP | 1.02 current LCU per US$ of GDP | 1.31 current LCU per US$ of GDP | 5 |
Countries ranked near Mexico
- 74 Sweden 1.21 current LCU per US$ of GDP compare
- 75 Ethiopia 1.18 current LCU per US$ of GDP compare
- 76 Seychelles 1.17 current LCU per US$ of GDP compare
- 78 Morocco 1.12 current LCU per US$ of GDP compare
- 79 Norway 1.02 current LCU per US$ of GDP compare
- 80 Bolivia 1.01 current LCU per US$ of GDP compare
More public sector data for Mexico
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 9.00 million SIPRI trend indicator values (2025)
- 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)
Frequently asked questions
- What is taxes on goods and services (current lcu), per unit of gdp in Mexico?
- Taxes on goods and services (current lcu), per unit of gdp in Mexico was 1.13 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), per unit of gdp recorded in Mexico?
- The highest recorded value was 1.31 current LCU per US$ of GDP in 2020.
- What is the lowest taxes on goods and services (current lcu), per unit of gdp recorded in Mexico?
- The lowest recorded value was 0.0004 current LCU per US$ of GDP in 1972.
- How does Mexico rank for taxes on goods and services (current lcu), per unit of gdp?
- Mexico ranks 77th out of 157 countries with data for 2024.
- Is taxes on goods and services (current lcu), per unit of gdp rising or falling in Mexico?
- Over the last ten years it is up 88.8%. 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), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 46 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes on goods and services (current LCU) ÷ GDP (current US$)
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.