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Mexico Government Revenue

General government revenue as % of GDP  GGR_NGDP

Mexico's government revenue was 24.21% in 2025, ranked 113th globally. This represents a 1.6% decrease from 2024. Data from IMF WEO, covering 1990–2025.

24.21% −0.39% (-1.6%)
Year 2025 Rank #113 Global Peak 25.82% (2008) Source IMF WEO

Mexico Government Revenue (1990–2025)

Overview

Mexico's government revenue stood at 24.21% in 2025, a decline of +0.39% from 2024. The IMF projects 24.21% by 2025. Mexico ranked 113th globally.

Mexico’s government revenue as a share of GDP has risen modestly since the early 1990s, moving from 19.79 % in 1990 to 24.21 % in 2025, placing the country 113th globally. The trajectory featured a pronounced low of 14.99 % in 1998, reflecting the fiscal strain of the Asian financial crisis and domestic devaluation, before climbing to an all‑time high of 25.82 % in 2008 amid robust commodity prices and fiscal reforms. Over the 36‑year span, revenue growth has been gradual, with the 2025 level only marginally above the 2008 peak, indicating limited expansion of the tax base despite periodic reforms. Mexico’s performance is comparable to peers such as Saudi Arabia (24.22 %) and Honduras (24.26 %) in 2025, suggesting that fiscal capacity remains constrained relative to more diversified economies. Continued structural reforms, improved tax administration and higher real wages could lift the revenue ratio further, while any slowdown in global demand or domestic political uncertainty may dampen the upward trend.

Data & projection

Year Government Revenue YoY change Rank
2030* IMF 24.20% - -
2029* IMF 24.19% - -
2028* IMF 24.16% - -
2027* IMF 24.18% - -
2026* IMF 24.21% - -
2025* IMF 24.21% - -
2025 24.21% −0.39% #113
2024 24.59% +0.36% #114
2023 24.23% +0.04% #111
2022 24.19% +1.25% #114
2021 22.94% −0.56% #119
2020 23.49% +0.50% #113
2019 23.00% +0.17% #120
2018 22.83% −1.15% #121
2017 23.98% +0.14% #110
2016 23.84% +1.14% #110
2015 22.70% +0.12% #120
2014 22.58% −0.53% #126
2013 23.11% −0.32% #121
2012 23.43% +0.02% #120
2011 23.42% +0.74% #118
Show all years (1990-2025)
* IMF World Economic Outlook projection

Detected Pattern

Orthodox Tightening Cycle
Inflation above 40%, lending rate above 30%, rate-inflation gap narrowing, reserves stable or rising. Signals credible monetary tightening.
Inflation 16.6% Rate 23.7% Gap +7.2pp Reserves YoY -0.1%
Occurred 311 times, 177 successful
Inflation
28.2%
Rate
19.4%
Gap
-8.8pp
Reserves YoY
+2.2%
Inflation
219.9%
Rate
61.7%
Gap
-158.2pp
Reserves YoY
+28.1%
Inflation
28.3%
Rate
24.3%
Gap
-4.0pp
Reserves YoY
+35.8%
Inflation
33.9%
Rate
17.8%
Gap
-16.1pp
Reserves YoY
+2.9%
Inflation
17.0%
Rate
20.8%
Gap
+3.8pp
Reserves YoY
+1.5%
Inflation
17.1%
Rate
15.3%
Gap
-1.8pp
Reserves YoY
+10.9%

Analysis

Mexico matched the Orthodox Tightening Cycle pattern in 1999. Historically, 57% of countries showing this pattern (177 out of 311) saw government revenue improve within 24 months. View full analysis →

The provided news headlines do not offer direct or indirect information relevant to analyzing Mexico's Government Revenue, which currently stands at 24.21%. Headline 2 pertains to South Africa's budget, while headline 3 discusses US midterm elections. Headlines 1, 4, and 5 are general market or business feasibility studies without specific data or context related to Mexico's fiscal situation.

Frequently Asked Questions

What is Mexico's government revenue?▾

Mexico's government revenue was 24.21% in 2025. Ranked 113th globally. This represents a 1.6% decrease from the previous year.

What was the highest government revenue in Mexico?▾

Mexico's government revenue peaked at 25.82% in 2008.

What was the lowest government revenue in Mexico?▾

The lowest government revenue in Mexico was 14.99% in 1998.

How does Mexico rank in government revenue?▾

Mexico ranks 113th globally in government revenue as of 2025.

What is the World Bank indicator code for government revenue?▾

The World Bank indicator code is GGR_NGDP. Data sourced from IMF WEO.

What is the projected government revenue of Mexico in 2025?▾

Mexico's government revenue is projected to reach 24.21% by 2025 based on IMF projection.

What is the government revenue of Mexico in 2025?▾

The government revenue of Mexico in 2025 was 24.21%. This ranks 113th in the world.

Cite this page

APA
Mexico Government Revenue. HistorySaid. Retrieved October 22, 2026, from https://historysaid.com/mexico/government-revenue/
BibTeX
@misc{historysaid_mexico_government-revenue, title = {Mexico Government Revenue}, url = {https://historysaid.com/mexico/government-revenue/}, publisher = {HistorySaid}, year = {2026} }

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