Mexico

GDP (Nominal)

Population

Mexico City

Capital

MXN

Currency

Member Organizations

G20UNOECDWTOIMFWorld BankAPEC

Government Revenue

Fiscal Year 2024

Government revenue breakdown by source

Mexico Government Spending

Fiscal Year 2024

Government spending breakdown by category

Revenue SourcesShows the main sources of government income, helping to understand how the country funds its public services.

Impuesto sobre la Renta (ISR)2700.00B MXN

Impuesto al Valor Agregado (IVA)1400.00B MXN

Impuestos Especiales sobre Producción y Servicios (IEPS)550.00B MXN

Derechos de exportación (Export Duties)200.00B MXN

Otros Ingresos No Tributarios500.00B MXN

Ingresos Petroleros870.00B MXN

Total de Ingresos6020.00B MXN

Spending AllocationShows how government funds are distributed across different sectors, revealing national priorities and commitments.

Educación Pública960.00B MXN

Salud Pública600.00B MXN

Seguridad Social y Pensiones1800.00B MXN

Defensa Nacional150.00B MXN

Pago de Intereses de la Deuda930.00B MXN

Infraestructura y Transporte400.00B MXN

Otros gastos850.00B MXN

Gasto Total5680.00B MXN

ControversiesFiscal controversies highlight political, social, or economic challenges that can affect a country's stability and future policy direction.

The gradual corporate tax cut from 30% to 25% has sparked debate on its adequacy to stimulate investment versus the resulting revenue shortfall. The regressive nature of exemptions on basic food items under the VAT regime also remains highly contested.

Spending EfficiencyMeasures how well public funds are used to achieve desired outcomes. High efficiency means more value for taxpayers and better services.

Mexico’s spending on health and education yields outcomes below OECD averages, due in part to program fragmentation across federal, state, and municipal levels. Anti-corruption measures and better performance tracking are needed to improve value-for-money.

Debt to GDPShows the size of a country's government debt compared to its economy. High ratios may signal fiscal risk, while lower ratios suggest more sustainable finances.

Debt to GDP:54%

Government Debt:$966,119,400,000 USD

Tax Burden Per Capita (beta)Tax Burden Level:
Green (Low): Less than $10,000 per capitaOrange (Moderate): $10,000 - $20,000 per capitaRed (High): $20,000 - $30,000 per capitaPurple (Very High): Over $30,000 per capita

$1,500 USDLevel: Low