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.