household debts in Mexico

Gross debt in Mexico

The government debt of Mexico refers to the debt of the state proper, but not its federal states, municipalities and institutions.

The government debt in the period from 1991 to 2021 was between 82.8 billion and 517.6 billion USD. The highest level of the last years at 518 billion US Dollar was reached in 2021.

Based on the number of inhabitants, this is a debt of 4,085 USD per person. For comparison, the average debt per person in the same year in the European Union was 31,701 USD.

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Gross debt of the last 30 years in billion USD

YearMexico total% of GDPper capitaEU per capita
199196.91 bn USD30.95%1,133 USD6,198 USD
199282.78 bn USD22.79%951 USD7,328 USD
1995116.87 bn USD32.46%1,275 USD12,276 USD
1996103.43 bn USD25.17%1,110 USD13,038 USD
1997103.33 bn USD20.65%1,092 USD11,925 USD
1998117.11 bn USD22.24%1,219 USD11,978 USD
1999122.96 bn USD20.49%1,261 USD11,204 USD
2000134.99 bn USD19.07%1,365 USD9,175 USD
2001139.84 bn USD18.48%1,394 USD9,104 USD
2002155.79 bn USD20.18%1,532 USD10,039 USD
2003154.57 bn USD21.19%1,499 USD12,356 USD
2004157.37 bn USD20.12%1,506 USD14,056 USD
2005171.71 bn USD19.57%1,620 USD14,655 USD
2006195.34 bn USD20.03%1,816 USD15,092 USD
2007215.53 bn USD20.47%1,974 USD16,757 USD
2008266.52 bn USD24.01%2,405 USD19,361 USD
2009247.07 bn USD27.45%2,197 USD20,190 USD
2010284.50 bn USD26.90%2,494 USD21,506 USD
2011326.49 bn USD27.66%2,822 USD24,311 USD
2012338.13 bn USD28.15%2,883 USD23,897 USD
2013392.03 bn USD30.76%3,299 USD26,085 USD
2014429.04 bn USD32.62%3,565 USD26,871 USD
2015409.83 bn USD34.97%3,411 USD22,892 USD
2016399.05 bn USD37.00%3,284 USD23,468 USD
2017408.01 bn USD35.21%3,321 USD24,441 USD
2018432.12 bn USD35.35%3,484 USD26,205 USD
2019458.47 bn USD36.13%3,665 USD25,151 USD
2020451.85 bn USD41.43%3,586 USD28,902 USD
2021517.63 bn USD40.67%4,085 USD31,701 USD

Comparison of gross debt per capita with the European Union in U.S. dollars

      Mexico       European Union

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