Mexico Tax Revenue to GDP

14.8% +0.6 pt

Dec 2024 · Annual

Mexico's tax revenue as a share of GDP rose to 14.82% in 2024, up from 14.22% in 2023. The figure marks a new all-time high for the series, which began in 1972. The previous record was set in 2024 itself.

Mexico Tax Revenue to GDP, 1990–2024
ActualPreviousHighestLowestDatesFrequency
14.8%14.2%14.8%Dec 20247.1%Dec 19731972 – 2024Annual

Related indicators

IndicatorLastPreviousHighestLowestLast updatedFrequency
Government Budget-4.9%-5.8%2.3%-5.8%Dec 2025Annual
Government Debt to GDP61.8%59.1%61.8%35.5%Dec 2025Annual

About this series

Tax Revenue to GDP in Mexico averaged 10.8% from 1972 until 2024, reaching an all-time high of 14.8% in Dec 2024 and a record low of 7.1% in Dec 1973. The series is reported yearly with history from 1972.

Tax revenue as a percentage of GDP measures the total tax revenue collected by the government relative to the size of the economy. The data is reported annually, expressed as a percentage of GDP. The series spans from 1972 to 2024.

Source & methodology

We use primary economic sources for every country. See our methodology page for how we source and verify this data.

FAQ

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