Government Spending in Mexico increased to 2193603 MXN Million in the fourth quarter of 2018 from 2120744.19 MXN Million in the third quarter of 2018. Government Spending in Mexico averaged 1744675 MXN Million from 1993 until 2018, reaching an all time high of 2230884.81 MXN Million in the second quarter of 2018 and a record low of 1376521.05 MXN Million in the third quarter of 1993.
Government Spending in Mexico is expected to be 2245006.00 MXN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Mexico to stand at 2233088.00 in 12 months time. In the long-term, the Mexico Government Spending is projected to trend around 2282513.00 MXN Million in 2020, according to our econometric models.