Services, Credit/Revenue in Mexico
Mexico: Services, Credit/Revenue was 62.97 billion in 2024. ▲ Rising
Services, Credit/Revenue in Mexico, 2005–2024
Source: International Monetary Fund.
Analysis
Mexico recorded 62.97 billion for services, credit/revenue in 2024. That is the highest value across all 20 years on record.
The figure is up 12.1% on the previous year and up 101.5% over ten years.
Over the whole period, services, credit/revenue in Mexico peaked at 62.97 billion in 2024 and was at its lowest, 19.45 billion, in 2005.
Mexico ranks 27th 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, Credit/Revenue in Mexico, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 19.45 billion | — |
| 2006 | 20.42 billion | +5.0% |
| 2007 | 22.99 billion | +12.6% |
| 2008 | 24.35 billion | +5.9% |
| 2009 | 20.84 billion | -14.4% |
| 2010 | 22.12 billion | +6.1% |
| 2011 | 23.59 billion | +6.6% |
| 2012 | 24.72 billion | +4.8% |
| 2013 | 27.40 billion | +10.9% |
| 2014 | 31.26 billion | +14.1% |
| 2015 | 32.83 billion | +5.0% |
| 2016 | 34.11 billion | +3.9% |
| 2017 | 38.04 billion | +11.5% |
| 2018 | 40.22 billion | +5.7% |
| 2019 | 44.16 billion | +9.8% |
| 2020 | 28.54 billion | -35.4% |
| 2021 | 42.44 billion | +48.7% |
| 2022 | 52.16 billion | +22.9% |
| 2023 | 56.16 billion | +7.7% |
| 2024 | 62.97 billion | +12.1% |
Mexico compared with similar countries
- Mexico's 62.97 billion is above the median for upper middle income countries, which is 5.14 billion, 12.2× the median. (54 countries reporting)
- Mexico's 62.97 billion is above the median for Latin America & Caribbean, which is 2.65 billion, 23.7× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Services, Credit/Revenue 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 |
|---|---|---|---|
| 2020 | -35.4% | 44.16 billion | 28.54 billion |
| 2021 | +48.7% | 28.54 billion | 42.44 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.61 billion | 19.45 billion | 24.35 billion | 5 |
| 2010s | 31.84 billion | 22.12 billion | 44.16 billion | 10 |
| 2020s | 48.45 billion | 28.54 billion | 62.97 billion | 5 |
Countries ranked near Mexico
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 services, credit/revenue in Mexico?
- Services, credit/revenue in Mexico was 62.97 billion in 2024, according to International Monetary Fund.
- What is the highest services, credit/revenue recorded in Mexico?
- The highest recorded value was 62.97 billion in 2024.
- What is the lowest services, credit/revenue recorded in Mexico?
- The lowest recorded value was 19.45 billion in 2005.
- How does Mexico rank for services, credit/revenue?
- Mexico ranks 27th out of 198 countries with data for 2024.
- Is services, credit/revenue rising or falling in Mexico?
- Over the last ten years it is up 101.5%. 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, Credit/Revenue (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.