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Economy of Mexico vs Tajikistan compared: GDP & Debt

Updated on by Georank team

Mexico has a GDP of $1.86T compared to $14.2B for Tajikistan, ranking 13/197 and 145/197 by economy size, respectively.

Mexico has $1.08T in government debt (58.3% of GDP), compared to $3.54B (24.9% of GDP) in Tajikistan.

Mexico vs Tajikistan GDP by year

Mexico
Tajikistan
1x
Year GDP, current $
Mexico Tajikistan
2024 $1,856,365,616,166 $14,204,575,549
2023 $1,798,317,581,487 $12,244,169,293
2022 $1,466,934,724,293 $10,713,525,200
2021 $1,316,569,466,686 $8,937,805,347
2020 $1,121,064,767,308 $8,133,963,551
2019 $1,304,106,203,902 $8,300,813,599
2018 $1,256,300,182,880 $7,764,999,999
2017 $1,190,721,475,906 $7,536,402,853
2016 $1,112,233,497,453 $6,992,416,097
2015 $1,213,294,467,717 $8,271,431,485
2014 $1,364,507,717,614 $9,112,605,459
2013 $1,327,436,290,283 $8,448,411,318
2012 $1,255,110,424,818 $7,633,036,903
2011 $1,229,013,703,417 $6,522,756,255
2010 $1,105,424,238,731 $5,642,221,099
2009 $943,437,415,025 $4,979,472,364
2008 $1,161,553,459,715 $5,161,299,725
2007 $1,102,355,554,972 $3,719,524,541
2006 $1,020,265,057,882 $2,830,213,849
2005 $917,571,853,529 $2,312,352,021
2004 $819,459,227,375 $2,076,176,869
2003 $765,549,967,703 $1,555,318,261
2002 $810,666,116,402 $1,221,106,220
2001 $796,064,590,549 $1,080,772,551
2000 $742,061,329,749 $860,541,842
1999 $631,249,359,702 $1,086,612,290
1998 $557,461,102,631 $1,320,199,582
1997 $523,449,530,464 $921,518,033
1996 $432,157,945,024 $1,043,654,822
1995 $380,157,469,867 $1,231,561,860
1994 $553,618,247,901 $1,522,001,206
1993 $530,160,763,663 $1,646,623,195
1992 $363,157,832,924 $1,908,554,572
1991 $313,139,656,146 $2,536,585,366
1990 $261,253,675,693 $2,629,395,066
1989 $221,403,098,267 -
1988 $181,611,150,497 -
1987 $147,542,558,209 -
1986 $134,556,034,673 -
1985 $195,241,069,482 -
1984 $184,230,754,105 -
1983 $156,167,000,433 -
1982 $184,602,611,610 -
1981 $263,797,827,860 -
1980 $205,577,055,466 -
1979 $134,531,900,899 -
1978 $102,648,570,299 -
1977 $81,912,018,784 -
1976 $88,875,923,765 -
1975 $88,000,000,000 -
1974 $72,000,000,000 -
1973 $55,280,000,000 -
1972 $45,200,000,000 -
1971 $39,200,000,000 -
1970 $35,520,000,000 -
1969 $32,480,000,000 -
1968 $29,360,000,000 -
1967 $26,560,000,000 -
1966 $24,320,000,000 -
1965 $21,840,000,000 -
1964 $20,080,000,000 -
1963 $16,960,000,000 -
1962 $15,200,000,000 -
1961 $14,160,000,000 -
1960 $13,040,000,000 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/mexico/tajikistan | CC BY

GDP per capita in Mexico vs Tajikistan by year

Mexico
GDP per capita

GDP per capita, PPP
Tajikistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Mexico Tajikistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $14,186 $26,185 $1,341 $5,406
2023 $13,861 $25,243 $1,178 $4,964
2022 $11,406 $23,135 $1,052 $4,514
2021 $10,314 $20,783 $897 $3,986
2020 $8,841 $19,354 $834 $3,654
2019 $10,370 $20,964 $871 $3,460
2018 $10,085 $20,921 $834 $3,069
2017 $9,649 $20,489 $829 $3,017
2016 $9,098 $20,105 $789 $2,914
2015 $10,021 $19,071 $957 $2,975
2014 $11,391 $18,821 $1,082 $3,152
2013 $11,217 $18,170 $1,028 $2,919
2012 $10,744 $18,005 $952 $2,679
2011 $10,664 $17,267 $834 $2,456
2010 $9,729 $15,909 $737 $2,291
2009 $8,424 $15,191 $665 $2,171
2008 $10,524 $15,681 $703 $2,120
2007 $10,134 $15,032 $517 $1,966
2006 $9,513 $14,540 $401 $1,810
2005 $8,672 $13,260 $334 $1,673
2004 $7,850 $12,658 $306 $1,550
2003 $7,434 $12,066 $233.6 $1,396
2002 $7,983 $11,762 $187 $1,257
2001 $7,953 $11,739 $168.7 $1,139
2000 $7,524 $11,705 $136.9 $1,036
1999 $6,500 $11,031 $175 $947
1998 $5,833 $10,756 $213.7 $905
1997 $5,567 $10,182 $150.1 $855
1996 $4,674 $9,496 $172 $836
1995 $4,184 $8,933 $207 $1,006
1994 $6,202 $9,466 $261.3 $1,148
1993 $6,048 $9,041 $287.6 $1,454
1992 $4,221 $9,470 $338 $1,721
1991 $3,709 $9,079 $458 $2,417
1990 $3,154 $8,578 $487 $2,583
1989 $2,725 - - -
1988 $2,279 - - -
1987 $1,888 - - -
1986 $1,757 - - -
1985 $2,602 - - -
1984 $2,506 - - -
1983 $2,170 - - -
1982 $2,621 - - -
1981 $3,829 - - -
1980 $3,055 - - -
1979 $2,049 - - -
1978 $1,604 - - -
1977 $1,315 - - -
1976 $1,465 - - -
1975 $1,492 - - -
1974 $1,256 - - -
1973 $993 - - -
1972 $837 - - -
1971 $748 - - -
1970 $699 - - -
1969 $660 - - -
1968 $616 - - -
1967 $576 - - -
1966 $545 - - -
1965 $506 - - -
1964 $481 - - -
1963 $420 - - -
1962 $388 - - -
1961 $374 - - -
1960 $355 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/mexico/tajikistan | CC BY

Mexico's GDP per capita is $14,186, ranking 69/197, compared to $1,341 in Tajikistan, ranking 166/197. Adjusted for purchasing power (GDP per capita PPP), Mexico ranks 80th at $26,185, while Tajikistan ranks 157th at $5,406.

Economic indicators

Mexico Tajikistan
Gross domestic product
$1.86T
2024
$14.2B
2024
GDP rank
13/197
2024
145/197
2024
GDP growth
1.43%
2023-2024
8.4%
2023-2024
GDP per capita
$14,186
2024
$1,341
2024
GDP per capita rank
69/197
2024
166/197
2024
GDP per capita, PPP
$26,185
2024
$5,406
2024
GDP per capita PPP rank
80/197
2024
157/197
2024
Government debt
$1.08T
2024
$3.54B
2024
Debt-to-GDP ratio
58.3%
2024
24.9%
2024
Government debt per person
$8,272
2024
$335
2024
Government debt per person rank
63/185
2024
175/185
2024
Average annual personal income after taxes
$10,231
2026
$2,591
2026
Market capitalization of domestic companies
$418B
2024
n/a
Number of millionaires
399,000
2025
n/a
Number of billionaires
22
2025
n/a
Income share by richest 10%
34.4%
2022
28.2%
2024
Income share by poorest 10%
2.1%
2022
2.9%
2024
Government expenditure, % of GDP
30.3%
2024
27.7%
2024
Consumer prices inflation
4.72%
2023-2024
3.5%
2023-2024
Central bank interest rate
7%
2025
7.75%
2025
Unemployment rate
2.62%
2024
0.08%
2016
Population
133323134
11038274

Spending and national debt comparison by year

Mexico
Spending

Debt
Tajikistan
Spending

Debt
1x
Year % of GDP
Mexico Tajikistan
Government spending Government debt Government spending Government debt
2024 30.3% 58.3% 27.7% 24.9%
2023 28.5% 52.6% 28% 29.9%
2022 28.5% 53.8% 27.4% 31.8%
2021 26.7% 56.7% 27.6% 42%
2020 27.8% 58.5% 29.2% 50.9%
2019 25.3% 51.9% 28.8% 43.2%
2018 25% 52.2% 30.9% 46.3%
2017 25% 52.5% 33.8% 46.3%
2016 26.5% 55% 32.7% 42.2%
2015 26.6% 51% 31.9% 35%
2014 26.9% 47.1% 27.5% 27.9%
2013 26.7% 44.1% 27.7% 29.3%
2012 27% 40.8% 24.7% 32.5%
2011 26.6% 41.2% 24.3% 35.5%
2010 26.5% 40.2% 25.9% 36.8%
2009 26.5% 41.7% 23.6% 36.9%
2008 26.5% 40.6% 20.2% 30.2%
2007 22.5% 35.5% 20.3% 34.3%
2006 21.6% 35.8% 21.6% 36.8%
2005 21.2% 36.8% 22.9% 45.8%
2004 20.5% 38.9% 20.2% 49.4%
2003 21.5% 42.1% 19.1% 69.8%
2002 19.8% 39.9% 19.1% 98.3%
2001 19.5% 37.3% 17.3% 99.4%
2000 19.4% 38.5% 18.1% 111.4%
1999 20.1% 41.7% 17.5% 107.8%
1998 19.5% 39.7% 17.1% 96.6%
1997 20.7% 39.1% - -
1996 20.8% 42.5% - -
1995 18.9% 30.7% - -
1994 18.9% 26.8% - -
1993 18.2% 19.2% - -
1992 19% 21.5% - -
1991 20.1% 29.2% - -
1990 22.9% 35.7% - -
1989 19.2% 36% - -
1988 23.6% 36.5% - -
1987 26.7% 52.7% - -
1986 25.1% 47.8% - -
1985 21.4% 30.4% - -
1984 19.8% 25.2% - -
1983 21.6% 25.3% - -
1982 24.7% 29.8% - -
1981 20.1% 41.7% - -
1980 17.5% 31.4% - -
1979 16.5% 35.8% - -
1978 15.7% 39% - -
1977 15.5% 41.5% - -
1976 15.5% 31.3% - -
1975 14.7% 24.4% - -
1974 13.8% 21.7% - -
1973 12.7% 20% - -
1972 11.9% 17.9% - -
1971 10.6% 17% - -
1970 10.9% 17.1% - -
1969 11.8% 10.7% - -
1968 10.9% 7.85% - -
1967 10.4% 8.22% - -
1966 11.6% 5.14% - -
1965 10.7% 9.99% - -
1964 9.21% 6.22% - -
1963 8.51% 4.13% - -
1962 8.26% 4.2% - -
1961 8.01% 4.38% - -
1960 9.5% 4.58% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1995, retrieved 2026-02-20).

GeoRank.org/economy/mexico/tajikistan | CC BY

In 2024, Mexico's government spending was $563B, accounting for 30.3% of its GDP, while Tajikistan spent $3.93B, or 27.7% of GDP.

Debt-to-GDP ratio is 58.3% in Mexico and 24.9% in Tajikistan, ranking 84/185 and 166/185, respectively.

Government deficit by year

Deficit/surplus
Mexico

Tajikistan
1x
Year Deficit/surplus, % of GDP
Mexico Tajikistan
2024 -5.73% 0.28%
2023 -4.29% -0.93%
2022 -4.32% -0.23%
2021 -3.75% -0.64%
2020 -4.29% -4.34%
2019 -2.27% -2.04%
2018 -2.14% -2.69%
2017 -1.03% -5.65%
2016 -2.68% -2.91%
2015 -3.86% -1.96%
2014 -4.37% 0.92%
2013 -3.56% -0.73%
2012 -3.57% 0.41%
2011 -3.2% 0.6%
2010 -3.8% -2.71%
2009 -3.94% -0.2%
2008 -0.68% 1.94%
2007 -1.46% 2.13%
2006 -1.23% 2%
2005 -1.43% -2.83%
2004 -1.35% -2.32%
2003 -2.24% -1.74%
2002 -2.18% -2.4%
2001 -2.57% -2.11%
2000 -2.69% -4.51%
1999 -4.49% -4.03%
1998 -4.49% -5.09%
1997 -3.48% -
1996 -3.66% -
1995 -2.28% -
1994 -2.25% -
1993 -1.51% -
1992 2.26% -
1991 1.49% -
1990 -3.11% -
1989 -4.75% -
1988 -8.76% -
1987 -11.6% -
1986 -11.2% -
1985 -7.2% -
1984 -5.79% -
1983 -6.03% -
1982 -11.4% -
1981 -4.9% -
1980 -1.75% -
1979 -2.15% -
1978 -1.88% -
1977 -2.43% -
1976 -3.14% -
1975 -2.64% -
1974 -3.33% -
1973 -2.75% -
1972 -2.3% -
1971 -1.43% -
1970 -1.71% -
1969 -2.74% -
1968 -2.06% -
1967 -2.12% -
1966 -3.2% -
1965 -2.51% -
1964 -1.44% -
1963 -0.92% -
1962 -0.79% -
1961 -0.88% -
1960 -1.36% -
1959 -0.73% -
1958 0.24% -
1957 -0.03% -
1956 0.52% -
1955 0.6% -
1954 -0.94% -
1953 -0.58% -
1952 0.42% -
1951 -0.26% -
1950 -0.2% -
1949 0.44% -
1948 -1.55% -
1947 -0.93% -
1946 0.66% -
1945 -1.11% -
1944 -1.12% -
1943 0.05% -
1942 -0.93% -
1941 -0.26% -
1940 -0.4% -
1939 -0.06% -
1938 -0.91% -
1937 -0.41% -
1936 -0.39% -
1935 0.26% -
1934 0.72% -
1933 -0.58% -
1932 0% -
1931 0.71% -
1930 0.21% -
1929 0.95% -
1928 0.24% -
1927 -0.3% -
1926 -0.29% -
1925 0.46% -
1924 1.34% -
1923 1.02% -
1922 1.13% -
1921 0.64% -
1920 0.91% -
1919 0.41% -
1918 -0.19% -
1917 0.63% -
1916 - -
1915 - -
1914 - -
1913 0.28% -
1912 -0.79% -
1911 -0.31% -
1910 0.1% -
1909 0.15% -
1908 -0.08% -
1907 0.43% -
1906 0.72% -
1905 0.35% -
1904 1.09% -
1903 3.82% -
1902 0.42% -
1901 0.62% -
1900 0.76% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1900–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/mexico/tajikistan | CC BY

In 2024, Mexico's government deficit, the difference between spending and revenue, was $106B, equivalent to 5.73% of GDP. This compares to Tajikistan's surplus of $39.2M, or 0.28% of GDP.

Over the past 27 years, Mexico recorded a fiscal deficit in 27 of those years, while Tajikistan ran a deficit in 20 years. On average, Mexico posted an annual deficit equal to 3.02% of GDP, compared to deficit of 1.55% of GDP for Tajikistan.

Inflation comparison by year

Inflation
Mexico

Tajikistan
1x
Year Consumer prices inflation
Mexico Tajikistan
2024 4.72% 3.5%
2023 5.53% 3.7%
2022 7.9% 6.6%
2021 5.69% 9%
2020 3.4% 8.6%
2019 3.64% 7.8%
2018 4.9% 3.8%
2017 6.04% 7.3%
2016 2.82% 5.9%
2015 2.72% 5.8%
2014 4.02% 6.1%
2013 3.81% 5%
2012 4.11% 5.8%
2011 3.41% 12.4%
2010 4.16% 6.5%
2009 5.3% 6.4%
2008 5.12% 20.4%
2007 3.97% 13.2%
2006 3.63% 10%
2005 3.99% 7.3%
2004 4.69% 7.2%
2003 4.55% 16.4%
2002 5.03% 12.2%
2001 6.37% 38.6%
2000 9.49% 32.9%
1999 16.6% 27.5%
1998 15.9% 43.2%
1997 20.6% 88%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/mexico/tajikistan | CC BY

Over the past 28 years, Mexico has recorded an average annual inflation rate of 6.15%, compared with 15% in Tajikistan. In 2024, inflation was 4.72% in Mexico and 3.5% in Tajikistan.

Balance of trade

Mexico Tajikistan
Current account balance
-$16.7B
2024
$887M
2024
Current account balance ranking
181/190
2024
54/190
2024
Current account balance, % of GDP
-0.9%
2024
+6.24%
2024
Goods imports
$637B
2024
$5.94B
2024
Goods exports
$618B
2024
$1.42B
2024
Service imports
$72B
2024
$971M
2024
Service exports
$63B
2024
$195M
2024
Imports of goods and services, % of GDP
37.9%
2024
48.4%
2023
Exports of goods and services, % of GDP
36.7%
2024
17.2%
2023

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Mexico Tajikistan
Economic freedom 59.8 52.5
Economic freedom ranking 102/197 147/197
Property rights 37.6 28.4
Government integrity 28.8 18.5
Judicial effectiveness 40.4 10.1
Tax burden 75.4 94.2
Government spending 74.6 77
Fiscal health 56.7 98.6
Business freedom 67 60.6
Labor freedom 57.3 43.4
Monetary freedom 70.6 72.6
Trade freedom 74.2 72.2
Investment freedom 75 25
Financial freedom 60 30

Economic freedom comparison by year

Mexico
Tajikistan
1x
Year Economic freedom index
Mexico Tajikistan
2026 59.8 52.5
2025 61.3 51.5
2024 62 51.3
2023 63.2 50.6
2022 63.7 49.7
2021 65.5 55.2
2020 66 52.2
2019 64.7 55.6
2018 64.8 58.3
2017 63.6 58.2
2016 65.2 51.3
2015 66.4 52.7
2014 66.8 52
2013 67 53.4
2012 65.3 53.4
2011 67.8 53.5
2010 68.3 53
2009 65.8 54.6
2008 66.2 54.4
2007 66 53.6
2006 64.7 52.6
2005 65.2 50.4
2004 66 48.7
2003 65.3 46.5
2002 63 47.3
2001 60.6 46.8
2000 59.3 44.8
1999 58.5 41.2
1998 57.9 41.1
1997 57.1 -
1996 61.2 -
1995 63.1 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/mexico/tajikistan | CC BY

The Economic Freedom Index for Mexico is 59.8, ranking 102/197, compared to 52.5 for Tajikistan, ranking 147/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Mexico Tajikistan
Services, % of GDP
58.1%
2024
34.7%
2023
Industry, % of GDP
31.8%
2024
33.6%
2023
Agriculture, forestry, and fishing, % of GDP
3.72%
2024
22.9%
2023
GNI, Atlas method
$1.68T
2024
$17.5B
2024
GNI per capita, PPP
$25,460
2024
$7,100
2024
Total reserves including gold
$232B
2024
$3.3B
2023
Total reserves ranking
16/177
2024
117/177
2023
Net foreign direct investment
-$32.3B
2024
-$190M
2024
Net inflows of foreign direct investment
$45.5B
2024
$291M
2024
Net outflows of foreign direct investment
$13B
2024
$101M
2024
Servicing debt to the IMF, % of GNI
3.71%
2024
3.07%
2024
Poverty at national poverty lines
29.6%
2024
19.8%
2024
Gross capital formation, % of GDP
24.1%
2024
31.7%
2023

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/mexico/tajikistan | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1900–1995, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.