The ratio of government revenue to gross domestic product (GDP) in Mexico was forecast to continuously decrease between 2024 and 2029 by in total 1.3 percentage points. According to this forecast, in 2029, the ratio will have decreased for the sixth consecutive year to 22.96 percent. Depicted here is the general government revenue as a share of the national gross domestic product. As defined by the International Monetary Fund, the general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue. As this revenue increases, a government's net worth increases. The gross domestic product represents the total value of final goods and services produced during a year.
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IMF. (October 22, 2024). Ratio of government revenue to gross domestic product (GDP) in Mexico from 2007 to 2029 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1392247/ratio-of-government-revenue-to-gross-domestic-product-gdp-mexico/
IMF. "Ratio of government revenue to gross domestic product (GDP) in Mexico from 2007 to 2029." Chart. October 22, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1392247/ratio-of-government-revenue-to-gross-domestic-product-gdp-mexico/
IMF. (2024). Ratio of government revenue to gross domestic product (GDP) in Mexico from 2007 to 2029. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1392247/ratio-of-government-revenue-to-gross-domestic-product-gdp-mexico/
IMF. "Ratio of Government Revenue to Gross Domestic Product (Gdp) in Mexico from 2007 to 2029." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/1392247/ratio-of-government-revenue-to-gross-domestic-product-gdp-mexico/
IMF, Ratio of government revenue to gross domestic product (GDP) in Mexico from 2007 to 2029 Statista, https://www.statista.com/statistics/1392247/ratio-of-government-revenue-to-gross-domestic-product-gdp-mexico/ (last visited November 22, 2024)
Ratio of government revenue to gross domestic product (GDP) in Mexico from 2007 to 2029 [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/1392247/ratio-of-government-revenue-to-gross-domestic-product-gdp-mexico/