Taxes on goods and services, Ratio of this level of government's in Mexico
Mexico: Taxes on goods and services, Ratio of this level of government's was 0.9853 in 2020. ▬ Flat
Taxes on goods and services, Ratio of this level of government's in Mexico, 2008–2020
Source: International Monetary Fund.
Analysis
Mexico recorded 0.9853 for taxes on goods and services, ratio of this level of government's in 2020.
That represents a change of up 0.4% on the previous year and down 0.5% over ten years.
Over the whole period, taxes on goods and services, ratio of this level of government's in Mexico peaked at 0.9929 in 2008 and was at its lowest, 0.965, in 2013.
Mexico ranks 33rd of 80 countries on this measure, in the middle of the range.
Taxes on goods and services, Ratio of this level of government's in Mexico, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 0.9929 | — |
| 2009 | 0.9916 | -0.1% |
| 2010 | 0.9899 | -0.2% |
| 2011 | 0.9848 | -0.5% |
| 2012 | 0.9701 | -1.5% |
| 2013 | 0.965 | -0.5% |
| 2014 | 0.97 | +0.5% |
| 2015 | 0.977 | +0.7% |
| 2016 | 0.9781 | +0.1% |
| 2017 | 0.977 | -0.1% |
| 2018 | 0.9802 | +0.3% |
| 2019 | 0.9817 | +0.2% |
| 2020 | 0.9853 | +0.4% |
Mexico compared with similar countries
- Mexico's 0.9853 is above the median for upper middle income countries, which is 0.9674, 1.0× the median. (28 countries reporting)
- Mexico's 0.9853 is above the median for Latin America & Caribbean, which is 0.9719, 1.0× the median. (10 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.9923 | 0.9916 | 0.9929 | 2 |
| 2010s | 0.9774 | 0.965 | 0.9899 | 10 |
| 2020s | 0.9853 | 0.9853 | 0.9853 | 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 taxes on goods and services, ratio of this level of government's in Mexico?
- Taxes on goods and services, ratio of this level of government's in Mexico was 0.9853 in 2020, according to International Monetary Fund.
- What is the highest taxes on goods and services, ratio of this level of government's recorded in Mexico?
- The highest recorded value was 0.9929 in 2008.
- What is the lowest taxes on goods and services, ratio of this level of government's recorded in Mexico?
- The lowest recorded value was 0.965 in 2013.
- How does Mexico rank for taxes on goods and services, ratio of this level of government's?
- Mexico ranks 33rd out of 80 countries with data for 2020.
- Is taxes on goods and services, ratio of this level of government's rising or falling in Mexico?
- Over the last ten years it is down 0.5%. The long-run trend across the full record is flat.
- Where does this Mexico data come from?
- The figures come from International Monetary Fund, published as part of Taxes on goods and services, Ratio of this level of government's revenue from this item to total general government revenue from this item, 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.