Mexico - Expense (% of GDP)

Expense (% of GDP) in Mexico was 20.31 as of 2019. Its highest value over the past 47 years was 27.33 in 1987, while its lowest value was 10.09 in 1972.

Definition: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1972 10.09
1973 10.42
1974 11.67
1975 12.55
1976 13.13
1977 12.98
1978 12.67
1979 13.17
1980 10.87
1981 12.57
1982 21.96
1983 21.04
1984 18.66
1985 20.53
1986 24.90
1987 27.33
1988 23.80
1989 19.34
1990 16.92
1991 13.77
1992 13.36
1993 10.87
1994 10.91
1995 11.91
1996 11.68
1997 12.22
1998 11.16
1999 11.96
2000 12.68
2008 22.10
2009 21.57
2010 21.40
2011 21.73
2012 21.87
2013 21.55
2014 21.78
2015 21.61
2016 20.96
2017 20.41
2018 20.42
2019 20.31

Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance