24Peaks / North America / Mexico / Total External Debt Stocks (% of GDP)

Mexico - Total External Debt Stocks (% of GDP) 35.3

World Bank · updated 2026-10-03 · 175 economies tracked

Latest value

35.3 (2025)

Global rank

##21 of 175 economies

Share of global total

0.2%

Growth since 1990

1.04×

Ranking Race — Total External Debt Stocks (% of GDP)

1 = global #1 · lower value ranks higher

#1#14#27#40#53#66#7919901995200020052010201520202025#29#212023 overtook Pakistan2025 overtook Burundi
MexicoAlgeriaNaoeroRussian FederationChina

Real annual global ranks, 1990 - 2025. Mexico climbed from #29 to #21 (overtook Pakistan). Gaps in a lane = missing data that year.

Key events for Mexico ↓

Key Events — Mexico

Auto-detected from rank data + curated milestones

1994
Peso crisis and NAFTA curated

Tequila crisis hits weeks after NAFTA takes effect.

1995
Fell 30 places in global rank auto
2009
Global crisis recession curated

Heavy US dependence drags GDP down.

2020
COVID-19 recession curated

Sharp contraction with limited fiscal space.

2021
Climbed 15 places in global rank auto
2023
Overtook Pakistan in global rank auto
2025
Overtook Burundi in global rank auto
2025
Climbed 23 places in global rank auto

Total External Debt Stocks (% of GDP), 1990-2025

World Bank · % of GDP · linear scale · ranking in the race above
1990200020102020202521.3732.5843.855.01

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