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General government gross debt in Mexico

61.67

% of GDP, 2025

Moderate trust, 68 of 100 The sources disagree: their figures run from 45.45 to 61.67.

Each source by year: % of GDP
  • IMF WEO
  • GDD central
020406080195019601980200020252008: IMF WEO: IMF WEO country note: "Thus, the series display a statistical break in 2008."1970: GDD central: The GDD series switches source in 1970: Reinhart and Rogoff up to 1967, then JP (1970-1975).1976: GDD central: The GDD series switches source in 1976: JP up to 1975, then the United Nations (1976-1979).1982: GDD central: The GDD series switches source in 1982: the United Nations up to 1979, then National Source (1982-2024).IMF WEOGDD central

Recorded change in how a source reports; hover or focus the ring for details.

Show the data as a table
YearIMF World Economic Outlook (October 2026), general government gross debt (GGXWDG_NGDP)IMF Global Debt Database (September 2025), central government debt (CG_DEBT_GDP)
1950–5.57
1951–4.11
1952–4.15
1953–4.03
1954–4.64
1955–4.53
1956–4.27
1957–4.04
1958–3.87
1959–3.83
1960–4.37
1961–4.25
1962–3.96
1963–3.9
1964–5.87
1965–9.43
1966–8.97
1967–12.31
1970–11.82
1971–10.83
1972–11.76
1973–12.77
1974–13.08
1975–14.9
1976–21.1
1977–21.29
1978–19.21
1979–18.43
1980–14.88
1982–29.75
1983–25.3
1984–25.22
1985–30.45
1986–47.82
1987–52.68
1988–36.49
1989–36.03
1990–35.68
1991–29.21
1992–21.52
1993–19.24
1994–26.84
1995–30.74
199642.5423.93
199739.1219.74
199839.7121.01
199941.6719.48
200038.4618.19
200137.3217.57
200239.8719.22
200342.1320.19
200438.9119.2
200536.8418.71
200635.7819.15
200735.5319.55
200840.622.95
200941.6726.19
201040.1625.74
201141.1726.56
201240.8126.94
201344.0729.53
201447.0931.44
201550.9733.78
20165535.88
201752.5234.27
201852.234.4
201951.8735.16
202058.4640.28
202156.6940.08
202253.839.4
202352.7539.86
20245945.45
202561.67–

All countriesAll of Mexico's figuresCompare

Mexico among 184 countries

68 have a higher figure and 115 a lower one. Definitions differ between countries, and their years run from 2009 to 2026.

Lowest: Liechtenstein, 0.49Highest: Lebanon, 357.45
What this number counts
Counts
General government gross debt at the end of the year, as a percentage of the year's GDP (a narrower central government figure is shown with half weight)
Where
Mexico
When
Latest actual year: IMF WEO 2025, GDD central 2024. IMF WEO forecast years are left out. (one year, not an average)

The IMF WEO figure (2025). When sources differ, we show the middle one, with better sources counting more.

Where the number comes from (2 sources)
SourceFigure and yearDefinitionQualityCounts for
IMF World Economic Outlook (October 2026), general government gross debt (GGXWDG_NGDP)International Monetary Fund (IMF) · Official economic statisticsRetrieved 2026-10-27
61.672025
General government gross debt at the end of 2025, as a percentage of GDP, from the IMF World Economic Outlook of October 2026.

Latest actual year according to WEO: 2025; later WEO years are IMF forecasts and are left out. WEO's country metadata: general government covers Central Government; Social Security Funds; Nonmonetary Financial Public Corporations; Nonfinancial Public Corporation; debt is valued at face value; instruments listed: Insurance Technical Reserves; Loans; Securities Other than Shares; methodology: Government Finance Statistics Manual (GFSM) 2014; historical data source: Ministry of Finance or Treasury. Country notes: Manual used: Currently the Mexico team is submitting data to WEO using GFSM 2014 classification by making a range of adjustments based on additional data provided by the Mexican authorities for the period 2008-2019. Thus, the series display a statistical break in 2008. The GFSM classification is also used to present fiscal tables in the Art IV reports (in addition to standard tables used for discussion with Mexican authorities). Accrual data are not available to the Mexico team. General government composition: Includes central government, social security funds, state-owned enterprises, public development banks but excludes state and local governments. Debt numbers are adjusted to include the operations of the SPV that issued pre-capitalized notes in 2025 (for the purpose of supporting Pemex) as well as Pemex's Suppliers Investment Vehicle, in accordance with GFSM guidelines. Other accounts payable, including those of state-owned enterprises, are not included.

Raw file: weo_sdmx_GGXWDG_NGDP.xml (https://api.imf.org/external/sdmx/2.1/data/IMF.RES,WEO/.GGXWDG_NGDP.A; WEO published 13 October 2026).

4 of 5 checks
  • Yes: Method and definitions published. WEO publishes the indicator definition and per-country metadata (coverage, valuation, sources).
  • Yes: Official statistics or peer-reviewed. IMF staff compile the series from national authorities' fiscal data.
  • Yes: Full count or representative sample. A stock of all recorded government debt, not a sample.
  • Yes: Raw data downloadable. The whole WEO dataset is a free download (SDMX API and DataMapper).
  • No: No known break or quality problem. WEO notes a break or method change for this country: Thus, the series display a statistical break in 2008.
67%
IMF Global Debt Database (September 2025), central government debt (CG_DEBT_GDP)International Monetary Fund (IMF) · Official economic statisticsRetrieved 2026-10-27
45.452024
Total stock of debt liabilities issued by the central government at the end of 2024, as a percentage of GDP (GDD indicator "Debt instruments, Central government").

The GDD names its source for each span of years: Reinhart and Rogoff (1950-1967); JP (1970-1975); the United Nations (1976-1979); JP (1980); National Source (1982-2024). The figure for 2024 comes from National Source. Calendar years. Central government is a narrower unit than general government: it leaves out state and local governments and, depending on the country, social security funds, so it is shown with half weight.

Raw file: gdd_sdmx_GG_CG.xml (https://api.imf.org/external/sdmx/2.1/data/IMF.FAD,GDD/.FL_S13_POGDP_PT+FL_S1311MIXED_POGDP_PT.A; GDD release of 17 September 2025), the same values as the DataMapper API file CG_DEBT_GDP.json.

4 of 5 checks
  • Yes: Method and definitions published. The IMF publishes the definitions and the source of each span of years (IMF Working Paper 18/111).
  • Yes: Official statistics or peer-reviewed. Compiled by IMF staff from official sources; this figure from National Source.
  • Yes: Full count or representative sample. A stock of all recorded debt of the sector, not a sample.
  • Yes: Raw data downloadable. The whole database is a free download (SDMX API and DataMapper).
  • No: No known break or quality problem. The series joins 4 sources over time, so earlier and later years may not be measured the same way.
33%

Better and more direct sources count for more. A source that only copies another does not count.

  • IMF WEO67%
  • GDD central33%
How the trust score was worked out
Quality32 / 40

How well the sources are made

Agreement14.2 / 30

How close the sources are to each other

Independence12 / 20

How many separate ways the number was measured

Freshness10 / 10

How recent the newest data is

How the score works

Who reports it, and since when

Which kinds of source measure this number, which years each one published, and where the reporting stops or has holes.

  • Blind spot: every counted source is the same kind
  • IMF WEO, 2008: IMF WEO country note: "Thus, the series display a statistical break in 2008." source
  • GDD central, 1970: The GDD series switches source in 1970: Reinhart and Rogoff up to 1967, then JP (1970-1975). source
  • GDD central, 1976: The GDD series switches source in 1976: JP up to 1975, then the United Nations (1976-1979). source
  • GDD central, 1982: The GDD series switches source in 1982: the United Nations up to 1979, then National Source (1982-2024). source
  • GDD central: no figure here for 1968, 1969, 1981
Years each source has a figure here
'01'05'10'15'20'25IMF WEOGDD central

figure no figure here, inside its range no later figure recorded change

Why the numbers differ
  • Gross and net debt: gross debt counts what the government owes; net debt subtracts the financial assets that match debt instruments. For Norway, WEO gives gross debt of 54% of GDP and net debt of -160.39% for 2025; for Canada, 113.58% gross and 10.43% net for 2025. (source, retrieved 2026-10-27)
  • General and central government: the GDD central government line leaves out state and local governments and, in many countries, social security funds. For Norway the GDD gives 14.88% of GDP for central government in 2024, against 54% for general government in WEO (2025). (source, retrieved 2026-10-27)
  • Market and face value: WEO records, country by country, how debt is valued. It gives current market value for Japan and Norway, face value for Germany, France and Italy, and nominal value for the United States and the United Kingdom. Eurostat's Maastricht debt is always at face value and consolidated within general government. When interest rates rise, the market value of existing bonds falls below their face value, so the two measures move apart.
  • Instruments: WEO lists which liabilities each country's gross debt includes. Some include insurance, pension and standardised guarantee schemes and other accounts payable; Maastricht debt counts only currency and deposits, debt securities and loans.
  • Releases: the GDD (September 2025) took most of its recent general government figures from the 2025 WEO, and WEO has since revised them. For Japan the GDD gives 236.66% of GDP for 2024; WEO October 2026 gives 213.59% for the same year and 213.59% for 2024. Lines copied from another line are shown but not counted twice. (source, retrieved 2026-10-27)
  • Eurostat and WEO for EU countries: WEO says it takes the debt data of several EU members from Eurostat; where it says so, the WEO line is marked as a copy. Small differences remain because Eurostat's October release is later than the data WEO used.
Common mistakes
  • Reading gross debt alone for countries with large government financial assets, such as Norway: the government owns more financial assets than it owes, so net debt is below zero. (source, retrieved 2026-10-27)
  • Treating WEO forecast years as data: WEO tables run several years ahead. This page keeps only the years WEO marks as actual for each country. (source, retrieved 2026-10-27)
  • Forgetting that the ratio changes when GDP is revised, even if the debt does not. Istat revised Italy's national accounts in September 2026, and Eurostat flags a break in Italy's series from 2010. (source, retrieved 2026-10-27)
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From the table How large is each government's debt compared with its economy, and how has it changed since 1980? Updated 2026-10-27.

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Cite as: RealStats, “General government gross debt in Mexico”, updated 2026-10-27, with the original sources listed on the page.

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