Budget balance in relation to the GDP in Mexico 2007-2029
The indicator describes the general government net lending/borrowing which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.
Find more statistics on other topics about Mexico with key insights such as budget balance, gross domestic product (gdp) at ppp and share in the global gdp adjusted for ppp.