Mexico External Debt to GNI
External debt stocks as % of GNI DT.DOD.DECT.GN.ZS
Mexico's external debt to gni was 24.11% in 2025, ranked 98th globally. This represents a 26.7% decrease from 2024. Data from World Bank, covering 1970–2025.
Overview
Mexico's external debt to gni stood at 24.11% in 2025, a decline of +8.79pp from 2024. Based on recent trends, this figure is projected to reach 24.11% by 2025. Mexico ranked 98th globally.
Mexico’s external debt to gross national income stood at 24.11 % in 2025, placing the country 98th in the World Bank ranking. The ratio has risen modestly from its 1970 level of 20.34 % but remains far below the all‑time peak of 79.57 % recorded in 1986, a period marked by severe external shocks and debt‑service crises across Latin America. The trough of 18.82 % in 1972 reflects an earlier era of relatively low external borrowing. Compared with peers of similar rank, Mexico’s debt burden is close to Brazil’s 24.62 % and slightly higher than Bangladesh’s 23.36 %, suggesting a moderate exposure relative to other emerging economies. Over the 56‑year coverage, the indicator shows a gradual upward trajectory, driven by increased financing of infrastructure and social programs. Continued fiscal consolidation and diversification of funding sources could temper future increases, while any sharp external shock might reverse the current trend.
Data & projection
| Year | External Debt to GNI | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 11.96% | - | - |
| 2026* trend | 18.03% | - | - |
| 2025* trend | 24.11% | - | - |
| 2025 | 24.11% | −8.79pp | #98 |
| 2024 | 32.89% | −1.18pp | #31 |
| 2023 | 34.07% | −6.82pp | #33 |
| 2022 | 40.90% | −6.00pp | #48 |
| 2021 | 46.90% | −9.94pp | #53 |
| 2020 | 56.83% | +8.12pp | #66 |
| 2019 | 48.72% | −0.47pp | #65 |
| 2018 | 49.19% | −0.67pp | #71 |
| 2017 | 49.86% | −0.44pp | #71 |
| 2016 | 50.30% | +4.82pp | #73 |
| 2015 | 45.48% | +4.63pp | #72 |
| 2014 | 40.85% | +1.74pp | #69 |
| 2013 | 39.11% | +3.87pp | #67 |
| 2012 | 35.24% | +6.19pp | #65 |
| 2011 | 29.05% | +0.48pp | #57 |
Detected Pattern
Analysis
Mexico matched the Orthodox Tightening Cycle pattern in 1999. Historically, 57% of countries showing this pattern (177 out of 311) saw external debt to gni improve within 24 months. View full analysis →
Frequently Asked Questions
Mexico's external debt to gni was 24.11% in 2025. Ranked 98th globally. This represents a 26.7% decrease from the previous year.
Mexico's external debt to gni peaked at 79.57% in 1986.
The lowest external debt to gni in Mexico was 18.82% in 1972.
Mexico ranks 98th globally in external debt to gni as of 2025.
The World Bank indicator code is DT.DOD.DECT.GN.ZS. Data sourced from World Bank.
Mexico's external debt to gni is projected to reach 24.11% by 2025 based on trend extrapolation.
The external debt to gni of Mexico in 2025 was 24.11%. This ranks 98th in the world.
Cite this page
@misc{historysaid_mexico_external-debt-to-gni,
title = {Mexico External Debt to GNI},
url = {https://historysaid.com/mexico/external-debt-to-gni/},
publisher = {HistorySaid},
year = {2026}
}