Prices & public finance · Latin America & Caribbean · Upper-middle income
Mexico: prices, money and public finance
Inflation is 3.8% (2025), 68th of 180 in the world and 13th of 31 in Latin America & Caribbean. GDP deflator is 4.6% (2025), 69th of 209 in the world and 16th of 40 in Latin America & Caribbean. Lending rate is 8.8% (2025), 65th of 136 in the world and 16th of 31 in Latin America & Caribbean.
Inflation
MexicoLatin America & CaribbeanUpper-middle incomeWorld
GDP deflator
MexicoLatin America & CaribbeanUpper-middle incomeWorld
14 indicators
Prices & public finance: Mexico in detail
Latest reported value, world rank and rank within Latin America & Caribbean; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| InflationInflation, consumer prices, annual % | 3.8%2025 | 68/180 | 13/31 | 9.5% | 4.2% | 3.4% | +1.1 ppsince 2015 | 2.1% | 3.3% | 3.0% | |
| GDP deflatorInflation, GDP deflator, annual % | 4.6%2025 | 69/209 | 16/40 | 10.7% | 4.4% | 4.6% | +1.4 ppsince 2015 | 3.4% | 3.3% | 3.3% | |
| Lending rateLending interest rate, % | 8.8%2025 | 65/136 | 16/31 | 16.9% | 5.3% | 6.3% | +5.3 ppsince 2015 | — | — | — | |
| Real interest rateReal interest rate, % | 4.0%2025 | 82/136 | 17/31 | 5.6% | 0.9% | 1.6% | +3.8 ppsince 2015 | — | — | — | |
| Exchange rateOfficial exchange rate, local currency per US$ | 19.242025 | 94/210 | 14/39 | 9.46 | 12.64 | 21.49 | +21%since 2015 | — | — | — | |
| Tax revenueTax revenue, % of GDP | 14.8%2024 | 87/142 | 13/20 | 9.1% | 9.7% | 13.9% | +4.6 ppsince 2014 | 14.7% | 10.4% | 13.9% | |
| Government revenueGovernment revenue excluding grants, % of GDP | 19.4%2024 | 97/142 | 14/20 | 11.6% | 17.3% | 18.6% | +1.7 ppsince 2014 | 22.8% | 18.5% | 24.0% | |
| Government expenseGovernment expense, % of GDP | 22.5%2023 | 92/142 | 13/20 | 12.1% | 20.5% | 21.7% | +1.8 ppsince 2013 | 27.6% | — | 28.5% | |
| Government debtCentral government debt, % of GDP | 50.3%2024 | 41/78 | 11/14 | 18.2% | · | 45.8% | +32.1 ppsince 2000 | 69.1% | — | — | |
| External debtExternal debt stocks, % of GNI | 32.9%2024 | 85/119 | 17/22 | 24.5% | 28.6% | 56.8% | −8.0 ppsince 2014 | — | 21.3% | — | |
| Private creditDomestic credit to private sector, % of GDP | 35.5%2025 | 96/169 | 24/31 | 14.3% | 22.3% | 36.9% | +4.7 ppsince 2015 | 52.9% | 139.0% | 140.3% | |
| Broad moneyBroad money, % of GDP | 48.0%2025 | 91/146 | 25/31 | 21.4% | 29.3% | 43.5% | +12.9 ppsince 2015 | 72.6% | 167.9% | 135.7% | |
| Reserves, months of importsTotal reserves in months of imports | 3.72025 | 103/165 | 22/32 | 2.0 | 4.1 | 5.1 | −16%since 2015 | 6.6 | 9.9 | 8.6 | |
| Military spendingMilitary expenditure, % of GDP | 0.74%2025 | 134/156 | 16/22 | 0.41% | 0.43% | 0.72% | +0.3 ppsince 2015 | 1.07% | 1.87% | 2.48% |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
Better than ten years ago
- External debt−8.0 pp32.9% in 2024
Worse than ten years ago
- Inflation+1.1 pp3.8% in 2025
- Government debt+32.1 pp50.3% in 2024
- Reserves, months of imports−16%3.7 in 2025
Only indicators where higher or lower is clearly better are rated (for example, unemployment down is better, life expectancy up is better).
neighbours
Mexico and its neighbours
Countries sharing a land border with Mexico. Latest values since 2005; the highest in each row is marked.
| Indicator | Mexico | United States | Guatemala | Belize |
|---|---|---|---|---|
| Inflation | 3.8%2025 | 2.9%2024 | 1.5%2025 | 1.1%2025 |
| GDP deflator | 4.6%2025 | 2.8%2025 | 3.4%2025 | 1.1%2025 |
| Lending rate | 8.8%2025 | 3.2%2021 | 12.9%2025 | 8.5%2025 |
| Real interest rate | 4.0%2025 | -1.3%2021 | 9.2%2025 | 7.3%2025 |
| Exchange rate | 19.242025 | 1.002025 | 7.682025 | 2.002025 |
| Tax revenue | 14.8%2024 | 10.8%2024 | 11.6%2024 | 21.3%2017 |
| Government revenue | 19.4%2024 | 17.8%2024 | 12.8%2024 | 23.8%2017 |
| Government expense | 22.5%2023 | 24.4%2023 | 13.5%2023 | 22.3%2017 |
| Government debt | 50.3%2024 | 115.8%2024 | 25.2%2013 | 61.0%2014 |