Services, Debit/Expenditure in Mexico
Mexico: Services, Debit/Expenditure was 72.02 billion in 2024. ▲ Rising
Services, Debit/Expenditure in Mexico, 2005–2024
Source: International Monetary Fund.
Analysis
Mexico recorded 72.02 billion for services, debit/expenditure in 2024.
The figure is down 4.9% on the previous year and up 60.0% over ten years.
Over the whole period, services, debit/expenditure in Mexico peaked at 75.75 billion in 2023 and was at its lowest, 26.35 billion, in 2005.
Mexico ranks 28th of 198 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Services, Debit/Expenditure in Mexico, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 26.35 billion | — |
| 2006 | 28.10 billion | +6.6% |
| 2007 | 31.37 billion | +11.6% |
| 2008 | 33.61 billion | +7.1% |
| 2009 | 30.74 billion | -8.5% |
| 2010 | 32.80 billion | +6.7% |
| 2011 | 38.37 billion | +17.0% |
| 2012 | 39.59 billion | +3.2% |
| 2013 | 42.40 billion | +7.1% |
| 2014 | 45.02 billion | +6.2% |
| 2015 | 44.02 billion | -2.2% |
| 2016 | 44.70 billion | +1.5% |
| 2017 | 49.73 billion | +11.3% |
| 2018 | 54.06 billion | +8.7% |
| 2019 | 53.60 billion | -0.9% |
| 2020 | 40.98 billion | -23.5% |
| 2021 | 54.84 billion | +33.8% |
| 2022 | 67.64 billion | +23.3% |
| 2023 | 75.75 billion | +12.0% |
| 2024 | 72.02 billion | -4.9% |
Mexico compared with similar countries
- Mexico's 72.02 billion is above the median for upper middle income countries, which is 4.11 billion, 17.5× the median. (54 countries reporting)
- Mexico's 72.02 billion is above the median for Latin America & Caribbean, which is 2.54 billion, 28.3× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 30.03 billion | 26.35 billion | 33.61 billion | 5 |
| 2010s | 44.43 billion | 32.80 billion | 54.06 billion | 10 |
| 2020s | 62.25 billion | 40.98 billion | 75.75 billion | 5 |
Countries ranked near Mexico
More trade data for Mexico
- Commodity Net Export Price Index, Individual Commodities Weighted by 85.55 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 98.97 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 98.52 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 71.01 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 99.54 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 82.65 (2025)
- Imports of low carbon technology products, Percent of GDP 1.9 (2024)
- Imports of low carbon technology products, US dollar (World), per 269.67 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0193 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 38.09 billion (2024)
Frequently asked questions
- What is services, debit/expenditure in Mexico?
- Services, debit/expenditure in Mexico was 72.02 billion in 2024, according to International Monetary Fund.
- What is the highest services, debit/expenditure recorded in Mexico?
- The highest recorded value was 75.75 billion in 2023.
- What is the lowest services, debit/expenditure recorded in Mexico?
- The lowest recorded value was 26.35 billion in 2005.
- How does Mexico rank for services, debit/expenditure?
- Mexico ranks 28th out of 198 countries with data for 2024.
- Is services, debit/expenditure rising or falling in Mexico?
- Over the last ten years it is up 60.0%. The long-run trend across the full record is rising.
- Where does this Mexico data come from?
- The figures come from International Monetary Fund, published as part of Services, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.