Government Spending in Mexico decreased to 2107792 MXN Million in the third quarter of 2019 from 2168414 MXN Million in the second quarter of 2019. Government Spending in Mexico averaged 1755045.61 MXN Million from 1993 until 2019, reaching an all time high of 2219807 MXN Million in the second quarter of 2018 and a record low of 1376521.05 MXN Million in the third quarter of 1993. source: Instituto Nacional de Estadística y Geografía (INEGI)
Government Spending in Mexico is expected to be 2148945.00 MXN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Mexico to stand at 2130978.00 in 12 months time. In the long-term, the Mexico Government Spending is projected to trend around 2199715.00 MXN Million in 2020, according to our econometric models.