Mexico recorded a Government Budget deficit equal to 5.70 percent of the country's Gross Domestic Product in 2024. Government Budget in Mexico averaged -1.44 percent of GDP from 1990 until 2024, reaching an all time high of 3.30 percent of GDP in 1992 and a record low of -5.70 percent of GDP in 2024. source: Secretaria de Hacienda y Credito Publico
Government Budget in Mexico is expected to reach -3.50 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mexico Government Budget is projected to trend around -3.00 percent of GDP in 2026 and -3.30 percent of GDP in 2027, according to our econometric models.