24Peaks / North America / Mexico / Government Debt (MPO)

Mexico - Government Debt (MPO) 56.73

World Bank MPO (Spring 2026) · updated 2026-10-03 · 142 economies tracked

Latest value

56.73 (2028)

Global rank

##76 of 142 economies

Share of global total

0.7%

Growth since 1990

1.02×

Ranking Race — Government Debt (MPO)

1 = global #1 · lower value ranks higher

#1#24#47#70#93#116#139198019902000201020202028#12#762021 overtook Vanuatu2023 overtook Algeria
MexicoZimbabweHaitiAfghanistanSomalia, Federal Republic of

Real annual global ranks, 1980 - 2028. Mexico climbed from #12 to #76 (overtook Vanuatu). Gaps in a lane = missing data that year.

Key events for Mexico ↓

Key Events — Mexico

Auto-detected from rank data + curated milestones

1982
Debt crisis curated

Defaults on external debt; peso devalues sharply.

1994
Peso crisis and NAFTA curated

Tequila crisis hits weeks after NAFTA takes effect.

2009
Global crisis recession curated

Heavy US dependence drags GDP down.

2020
COVID-19 recession curated

Sharp contraction with limited fiscal space.

2021
Overtook Vanuatu in global rank auto
2023
Overtook Algeria in global rank auto

Government Debt (MPO), 1990-2028

World Bank MPO (Spring 2026) · % of GDP · linear scale · ranking in the race above
1990200020102020202820.6732.6944.7156.73

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