Mexico: Tax revenue
* indicates monthly or quarterly data series
| Mexico |
Tax revenue, percent of GDP |
|---|---|
| Latest value | 14.82 |
| Year | 2024 |
| Measure | percent |
| Data availability | 1972 - 2024 |
| Average | 10.76 |
| Min - Max | 7.09 - 14.82 |
| Source | The World Bank |
The latest value from 2024 is 14.82 percent, an increase from 14.22 percent in 2023. In comparison, the world average is 18.04 percent, based on data from 88 countries. Historically, the average for Mexico from 1972 to 2024 is 10.76 percent. The minimum value, 7.09 percent, was reached in 1973 while the maximum of 14.82 percent was recorded in 2024.
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Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 11.21 | 2024 | percent |
| Government spending, in dollars | 216.08 | 2025 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -5.73 | 2024 | percent |
| Primary budget balance | 0.18 | 2024 | percent |
| Government expenditure | 1,097.52 | Q1/2026 | billion |
| Long-term interest rate | 8.88 | 4/2026 | percent |
| Tax revenue | 14.82 | 2024 | percent |
| Commercial tax rate | 55.10 | 2019 | percent |
| Tax preparation time | 241 | 2019 | hours |
| Taxes on goods and services | 30.30 | 2023 | percent |
| Taxes on international trade | 1.69 | 2023 | percent |
| Income and profits taxes | 41.33 | 2023 | percent |
| Foreign aid | 451.66 | 2023 | million U.S. dollars |
| Government debt | 58.31 | 2024 | percent |
| Government debt in foreign currency, percent | 15.78 | 2024 | percent |
| Government debt held by non-residents | 27.17 | 2024 | percent |
| Sovereign debt average maturity | 6.90 | 2024 | percent |
| Short-term government debt | 8.96 | 2024 | percent |