Bank net interest margin (%) in Mexico
Mexico: Bank net interest margin (%) was 5.7% in 2021. ▼ Falling
Bank net interest margin in Mexico, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
In 2021, bank net interest margin in Mexico stood at 5.7%.
Compared with earlier readings it is down 6.8% on the previous year and up 81.3% over ten years.
Over the whole period, bank net interest margin in Mexico peaked at 15.4% in 2006 and was at its lowest, 2.0%, in 2005.
That places Mexico 29th out of 166 countries with data for 2021, putting it in the top quarter.
The long-run direction has been consistently falling across the 22 years of available data.
Bank net interest margin (%) in Mexico, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 8.0% | — |
| 2001 | 7.2% | -9.9% |
| 2002 | 6.2% | -14.0% |
| 2003 | 4.9% | -20.9% |
| 2004 | 7.7% | +56.9% |
| 2005 | 2.0% | -73.4% |
| 2006 | 15.4% | +650.8% |
| 2007 | 3.5% | -77.4% |
| 2008 | 4.8% | +39.2% |
| 2009 | 4.8% | -0.2% |
| 2010 | 4.8% | -0.4% |
| 2011 | 3.1% | -35.0% |
| 2012 | 2.8% | -11.1% |
| 2013 | 3.1% | +12.7% |
| 2014 | 3.4% | +9.6% |
| 2015 | 4.8% | +40.8% |
| 2016 | 4.9% | +2.2% |
| 2017 | 5.9% | +19.9% |
| 2018 | 6.0% | +2.2% |
| 2019 | 6.3% | +3.9% |
| 2020 | 6.1% | -3.3% |
| 2021 | 5.7% | -6.8% |
Mexico compared with similar countries
- Mexico's 5.7% is above the median for upper middle income countries, which is 3.6%, 1.6× the median. (47 countries reporting)
- Mexico's 5.7% is above the median for Latin America & Caribbean, which is 4.5%, 1.3× the median. (30 countries reporting)
Biggest year-on-year movements
Years where Bank net interest margin (%) in Mexico changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +650.8% | 2.0% | 15.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.5% | 2.0% | 15.4% | 10 |
| 2010s | 4.5% | 2.8% | 6.3% | 10 |
| 2020s | 5.9% | 5.7% | 6.1% | 2 |
Countries ranked near Mexico
- 26 El Salvador 6.0% compare
- 27 Belize 5.9% compare
- 28 Guatemala 5.8% compare
- 30 Guyana 5.5% compare
- 31 Democratic Republic of Congo 5.5% compare
- 32 Kazakhstan 5.5% compare
More financial sector data for Mexico
- Reserve position in the IMF, US dollar, annual growth rate 14.41 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 24.82 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 8.95 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 18.13 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 14.41 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 24.82 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 8.95 % change on previous year (2025)
Frequently asked questions
- What is bank net interest margin in Mexico?
- Bank net interest margin in Mexico was 5.7% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank net interest margin recorded in Mexico?
- The highest recorded value was 15.4% in 2006.
- What is the lowest bank net interest margin recorded in Mexico?
- The lowest recorded value was 2.0% in 2005.
- How does Mexico rank for bank net interest margin?
- Mexico ranks 29th out of 166 countries with data for 2021.
- Is bank net interest margin rising or falling in Mexico?
- Over the last ten years it is up 81.3%. The long-run trend across the full record is falling.
- Where does this Mexico data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank net interest margin (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from Bankscope. Data2080[t] / ((data2010[t] + data2010[t-1])/2). Numerator and denominator are aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.