Mexico recorded a government budget deficit of 13121.10 MXN Million in November of 2019. Government Budget Value in Mexico averaged -13017.66 MXN Million from 1990 until 2019, reaching an all time high of 340612.40 MXN Million in March of 2017 and a record low of -308191.94 MXN Million in December of 2017. source: Secretaría de Hacienda Y Crédito Público

Government Budget Value in Mexico is expected to be -280000.00 MXN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Mexico to stand at -380000.00 in 12 months time. In the long-term, the Mexico Government Budget Value is projected to trend around -310000.00 MXN Million in 2020, according to our econometric models.

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Mexico Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-13121.10 6175.10 340612.40 -308191.94 1990 - 2019 MXN Million Monthly
Current Prices, NSA

Calendar GMT Actual Previous Consensus TEForecast
2019-09-30 08:00 PM Aug MXN34.97B MXN-33.15B
2019-10-31 02:00 AM Sep MXN-42.12B MXN34.97B
2019-12-01 11:00 PM Oct MXN6.18B MXN-42.12B
2019-12-30 08:30 PM Nov MXN-13.12B MXN6.18B
2020-01-30 09:00 PM Dec MXN-13.12B MXN -280B

Mexico Government Budget Value
In Mexico, the public budget includes, not only government expenses and revenues, but also financial balance of entities under indirect budgetary control, and external and internal financing requirement.

Mexico Government Last Previous Highest Lowest Unit
Government Debt to GDP 46.00 46.00 48.20 17.90 percent [+]
Government Budget -2.00 -1.10 3.30 -3.40 percent of GDP [+]
Government Budget Value -13121.10 6175.10 340612.40 -308191.94 MXN Million [+]
Government Spending 2107792.00 2168414.00 2219807.00 1376521.05 MXN Million [+]
Government Revenues 473438.10 391173.50 719218.90 12748.50 MXN Million [+]
Fiscal Expenditure 477710.90 392525.20 830183.90 14302.90 MXN Million [+]
Credit Rating 63.00 [+]
Military Expenditure 6375.00 5781.00 7071.00 349.00 USD Million [+]