Mexico Household Debt: % of GDP

Key information about Mexico Household Debt: % of GDP

• Mexico household debt accounted for 16.5 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 16.5 % in the previous quarter.
• Mexico household debt to GDP ratio is updated quarterly, available from Dec 2000 to Sep 2024.
• The data reached an all-time high of 16.9 % in Mar 2021 and a record low of 7.3 % in Dec 2000.

CEIC calculates quarterly Household Debt as % of Nominal GDP from quarterly Household Debt and quarterly Nominal GDP. The Bank of Mexico provides quarterly Household Debt in local currency. The National Institute of Statistics and Geography provides annualized Nominal GDP in local currency. Household Debt includes Mortgages and Consumer Loans.


Related information about Mexico Household Debt: % of GDP

• In the latest reports, Mexico Household Debt reached 280.8 USD bn in Sep 2024.
• Money Supply M2 in Mexico increased 12.4 % YoY in Oct 2024.
• Mexico Foreign Exchange Reserves was measured at 200.5 USD bn in Oct 2024.
• The Foreign Exchange Reserves equaled 3.5 Months of Import in Oct 2024.
• Mexico Domestic Credit reached 741.7 USD bn in Sep 2024, representing an increased of 14.6 % YoY.
• The country's Non Performing Loans Ratio stood at 2.0 % in Sep 2024, compared with the ratio of 1.9 % in the previous quarter.

View Mexico's Household Debt: % of GDP from Dec 2000 to Sep 2024 in the chart:

What was Mexico's Household Debt: % of GDP in Sep 2024?

Mexico household debt accounted for 16.5 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 16.5 % in the previous quarter. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
16.5 Sep 2024	16.5 Jun 2024	7.3 Dec 2000	16.9 Mar 2021	%	quarterly	Dec 2000 - Sep 2024

Household Debt: % of GDP by Country Comparison

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