Government budget and revenue in Campeche, Mexico: official figures
The Campeche state government spent 28.1 billion pesos in 2025 according to INEGI's preliminary state public finance statistics, 29,329 pesos per resident, 8th highest of 32 (all 32 governments combined: 24,691 pesos). Spending was up 2.7% on 2024 and up 11.8% on 2018, before adjusting for inflation.
How much does Campeche depend on federal money?
Federal transfers made up 87.2% of the Campeche state government's revenue in 2025 (25.7 billion pesos of 29.4 billion pesos, counting revenue without borrowing), 15th lowest share of 32 (all 32 governments combined: 81.0%). In 2024 the share was 85.5%.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow much revenue-sharing money does Campeche get from the federal government?
Campeche received 11.6 billion pesos in federal participaciones, the revenue-sharing transfers states may spend freely, in 2025: 12,090 pesos per resident, 3rd highest of 32 (all 32 governments combined: 10,102 pesos). The General Participation Fund supplied 8.4 billion pesos of it; the total was up 13.3% on 2024.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow much earmarked federal funding does Campeche receive?
Earmarked federal transfers (aportaciones, including the Ramo 33 funds and reassigned federal resources) brought Campeche 14.1 billion pesos in 2025, 14,686 pesos per resident, 3rd highest of 32 (all 32 governments combined: 9,347 pesos). The largest Ramo 33 fund paid to the state government was the education payroll and operating fund (FONE), with 6.3 billion pesos.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow much of its own money does Campeche raise?
The Campeche state government's own revenue (taxes, fees, products and other own income) was 3.8 billion pesos in 2025, 12.8% of its revenue without borrowing, 15th highest share of 32 (all 32 governments combined: 18.1%). It was down 8.6% on 2024.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow much tax does the Campeche government collect?
State taxes raised 2.3 billion pesos in Campeche in 2025, 2,395 pesos per resident, 10th highest of 32 (all 32 governments combined: 2,402 pesos). The payroll tax (impuesto sobre nomina) supplied 72.9% of tax revenue.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow much does Campeche spend on government salaries?
Personnel costs (servicios personales) took 8.6 billion pesos, or 30.7% of the Campeche state government's spending in 2025, 9th highest share of 32 (all 32 governments combined: 20.1%). The bill was up 5.5% on 2024.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow much does Campeche invest in public works?
The Campeche state government spent 1.1 billion pesos on public investment (public works and productive projects) in 2025, 4.0% of its spending, 9th highest share of 32 (all 32 governments combined: 3.4%). In 2024 it spent 1.1 billion pesos.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow much money does Campeche give its municipalities?
The Campeche state government passed 6.1 billion pesos to its municipalities in 2025, 21.5% of its spending, 2nd highest share of 31 states (all 31 states: 17.0%). Of this, 3.2 billion pesos was the municipal share of federal participaciones and 2.1 billion pesos Ramo 33 aportaciones.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow much does Campeche pay on its debt each year?
Debt service cost the Campeche state government 309.7 million pesos in 2025, 1.1% of its spending, 4th lowest share of 32 (all 32 governments combined: 5.6%). Interest accounted for 233.4 million pesos and principal repayments for 76.3 million pesos.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow much debt does Campeche have?
Debt and financial obligations of the Campeche state government and its public entities registered with Hacienda stood at 2.0 billion pesos on 30 June 2026, 2,043 pesos per resident, 9th lowest of 32 (all 32 governments combined: 4,962 pesos). That is down 2.1% from 2.0 billion pesos on 31 December 2025 and 0.3% of all registered state debt.
Source: Secretaria de Hacienda y Credito Publico (SHCP), Unidad de Coordinacion con Entidades Federativas · saved copyWho does Campeche owe money to?
65% of Campeche's registered debt at 30 June 2026 was backed by its federal participaciones as the source of payment. By lender: commercial banks 100%.
Source: Secretaria de Hacienda y Credito Publico (SHCP), Unidad de Coordinacion con Entidades Federativas · saved copyWhat interest rate does Campeche pay on its debt?
The weighted average interest rate on Campeche's registered debt was 7.21% at 30 June 2026, 16th highest of 31 entities with registered debt (overall: 7.21%), and the weighted average remaining term was 10.1 years, 9th shortest of 31.
Source: Secretaria de Hacienda y Credito Publico (SHCP), Unidad de Coordinacion con Entidades Federativas · saved copyIs Campeche's debt level sustainable?
In Hacienda's debt Alert System for the second quarter of 2026, Campeche's debt and obligations equalled 20.0% of its unconditional revenue (ingresos de libre disposicion), in the low range (the low range runs up to 100%) and 8th lowest of 31 entities measured. Debt service took 2.7% of that revenue, in the low range (low up to 7.5%).
Source: Secretaria de Hacienda y Credito Publico (SHCP), Unidad de Coordinacion con Entidades Federativas · saved copyHow Campeche compares with other states
State government spending per person (2025)
Campeche ranks 8 of 32, highest first. INEGI EFIPEM, 2025 preliminary figures: total spending less the closing cash balance, divided by CONAPO mid-2025 population; Mexico City from the city government file
| Rank | Region | State government spending per person |
|---|---|---|
| 5 | Durango | 30,954 pesos |
| 6 | Baja California Sur | 30,527 pesos |
| 7 | Nuevo Leon | 30,458 pesos |
| 8 | Campeche | 29,329 pesos |
| 9 | Colima | 29,192 pesos |
| 10 | Nayarit | 25,300 pesos |
| 11 | Sinaloa | 25,175 pesos |
Federal transfers as a share of state revenue (2025)
Campeche ranks 18 of 32, highest first. Participaciones plus aportaciones as a share of revenue excluding financing (borrowing and deficit entries), 2025 preliminary
| Rank | Region | Federal transfers as a share of state revenue |
|---|---|---|
| 15 | Nayarit | 88.7% |
| 16 | Durango | 88.0% |
| 17 | Sinaloa | 87.7% |
| 18 | Campeche | 87.2% |
| 19 | Baja California Sur | 86.4% |
| 20 | Yucatan | 86.0% |
| 21 | Guanajuato | 85.9% |
Own revenue as a share of state revenue (2025)
Campeche ranks 15 of 32, highest first. Taxes, fees (derechos), products, aprovechamientos, improvement levies and social security contributions, as a share of revenue excluding financing, 2025 preliminary
| Rank | Region | Own revenue as a share of state revenue |
|---|---|---|
| 12 | Yucatan | 14.0% |
| 13 | Baja California Sur | 13.6% |
| 14 | Sonora | 13.3% |
| 15 | Campeche | 12.8% |
| 16 | Sinaloa | 12.1% |
| 17 | Durango | 12.0% |
| 18 | Nayarit | 10.9% |
State taxes collected per person (2025)
Campeche ranks 10 of 32, highest first. Tax revenue of the state government (chapter Impuestos), 2025 preliminary, per resident (CONAPO mid-2025)
| Rank | Region | State taxes collected per person |
|---|---|---|
| 7 | Chihuahua | 2,814 pesos |
| 8 | Sonora | 2,637 pesos |
| 9 | Coahuila | 2,416 pesos |
| 10 | Campeche | 2,395 pesos |
| 11 | Durango | 2,076 pesos |
| 12 | Tamaulipas | 2,003 pesos |
| 13 | Colima | 1,902 pesos |
Federal participaciones (revenue sharing) per person (2025)
Campeche ranks 3 of 32, highest first. Participaciones federales received in 2025 (preliminary) per resident
| Rank | Region | Federal participaciones (revenue sharing) per person |
|---|---|---|
| 1 | Mexico City | 14,467 pesos |
| 2 | Tabasco | 12,878 pesos |
| 3 | Campeche | 12,090 pesos |
| 4 | Baja California Sur | 11,834 pesos |
| 5 | Veracruz | 11,721 pesos |
| 6 | Nuevo Leon | 11,160 pesos |
| 7 | Sonora | 10,817 pesos |
Federal aportaciones (earmarked transfers) per person (2025)
Campeche ranks 3 of 32, highest first. Aportaciones federales (Ramo 33 and reassigned federal resources) received in 2025 (preliminary) per resident
| Rank | Region | Federal aportaciones (earmarked transfers) per person |
|---|---|---|
| 1 | Guerrero | 15,914 pesos |
| 2 | Colima | 15,277 pesos |
| 3 | Campeche | 14,686 pesos |
| 4 | Baja California Sur | 14,186 pesos |
| 5 | Oaxaca | 14,003 pesos |
| 6 | Zacatecas | 13,926 pesos |
| 7 | Tabasco | 12,763 pesos |
Personnel costs as a share of state spending (2025)
Campeche ranks 9 of 32, highest first. Chapter Servicios personales as a share of spending less the closing cash balance, 2025 preliminary
| Rank | Region | Personnel costs as a share of state spending |
|---|---|---|
| 6 | Tabasco | 33.3% |
| 7 | Durango | 33.1% |
| 8 | Coahuila | 32.4% |
| 9 | Campeche | 30.7% |
| 10 | Guanajuato | 30.2% |
| 11 | Yucatan | 30.1% |
| 12 | Jalisco | 26.8% |
Public investment as a share of state spending (2025)
Campeche ranks 9 of 32, highest first. Chapter Inversion publica (public works and productive projects) as a share of spending, 2025 preliminary
| Rank | Region | Public investment as a share of state spending |
|---|---|---|
| 6 | Coahuila | 5.3% |
| 7 | Sinaloa | 4.3% |
| 8 | Jalisco | 4.1% |
| 9 | Campeche | 4.0% |
| 10 | Mexico City | 3.5% |
| 11 | Tamaulipas | 3.5% |
| 12 | Guanajuato | 3.5% |
Share of state spending passed to municipalities (2025)
Campeche ranks 2 of 31, highest first. 31 states; Mexico City has borough governments (alcaldias) instead of municipalities and is not ranked
| Rank | Region | Share of state spending passed to municipalities |
|---|---|---|
| 1 | Chiapas | 22.2% |
| 2 | Campeche | 21.5% |
| 3 | Jalisco | 21.1% |
| 4 | Guerrero | 21.1% |
| 5 | Oaxaca | 20.4% |
| 6 | Baja California Sur | 20.0% |
| 7 | Puebla | 19.3% |
Debt service as a share of state spending (2025)
Campeche ranks 29 of 32, highest first. Chapter Deuda publica (interest, principal repayments, fees and prior-year arrears) as a share of spending, 2025 preliminary
| Rank | Region | Debt service as a share of state spending |
|---|---|---|
| 26 | Aguascalientes | 1.2% |
| 27 | Hidalgo | 1.2% |
| 28 | Sinaloa | 1.1% |
| 29 | Campeche | 1.1% |
| 30 | San Luis Potosi | 0.6% |
| 31 | Guerrero | 0.2% |
| 32 | Tlaxcala | 0.0% |
Registered state debt per person (2026-06-30)
Campeche ranks 24 of 32, highest first. Financing and obligations of the state government and its public entities in the Registro Publico Unico at 30 June 2026, per resident (CONAPO mid-2026)
| Rank | Region | Registered state debt per person |
|---|---|---|
| 21 | Morelos | 2,932 pesos |
| 22 | Sinaloa | 2,137 pesos |
| 23 | San Luis Potosi | 2,043 pesos |
| 24 | Campeche | 2,043 pesos |
| 25 | Tabasco | 1,974 pesos |
| 26 | Baja California Sur | 1,507 pesos |
| 27 | Guanajuato | 1,292 pesos |
Debt as a share of unconditional revenue (Alert System indicator 1) (2026-Q2)
Campeche ranks 24 of 31, highest first. SHCP Sistema de Alertas, second quarter of 2026: public debt and obligations over ingresos de libre disposicion; Tlaxcala has no registered debt and is not measured
| Rank | Region | Debt as a share of unconditional revenue (Alert System indicator 1) |
|---|---|---|
| 21 | Jalisco | 26.9% |
| 22 | San Luis Potosi | 23.8% |
| 23 | Sinaloa | 21.9% |
| 24 | Campeche | 20.0% |
| 25 | Guanajuato | 18.1% |
| 26 | Tabasco | 15.0% |
| 27 | Baja California Sur | 13.7% |
Debt service as a share of unconditional revenue (Alert System indicator 2) (2026-Q2)
Campeche ranks 25 of 31, highest first. SHCP Sistema de Alertas, second quarter of 2026: debt and obligation service over ingresos de libre disposicion
| Rank | Region | Debt service as a share of unconditional revenue (Alert System indicator 2) |
|---|---|---|
| 22 | Aguascalientes | 3.1% |
| 23 | Jalisco | 3.1% |
| 24 | State of Mexico | 3.0% |
| 25 | Campeche | 2.7% |
| 26 | Baja California Sur | 2.6% |
| 27 | Tabasco | 2.6% |
| 28 | Puebla | 2.5% |
Average interest rate on registered state debt (2026-06-30)
Campeche ranks 16 of 31, highest first. Weighted average interest rate on the financing and obligations of each state and its public entities at 30 June 2026
| Rank | Region | Average interest rate on registered state debt |
|---|---|---|
| 13 | Sonora | 7.27% |
| 14 | Quintana Roo | 7.25% |
| 15 | Morelos | 7.25% |
| 16 | Campeche | 7.21% |
| 17 | Guanajuato | 7.21% |
| 18 | Tamaulipas | 7.17% |
| 19 | Tabasco | 7.14% |
More on Campeche: overview · economy and jobs · health · education and schools · poverty and living standards · Mexico
Sources
- Secretaria de Hacienda y Credito Publico (SHCP), Unidad de Coordinacion con Entidades Federativas: Financiamientos y obligaciones de entidades federativas y sus entes publicos, por fuente de pago: balances at 30 June 2026 (millions of pesos), from the Registro Publico Unico, read 23 October 2026 · saved copy (SHA-256 eb8f66109730…)
- Instituto Nacional de Estadistica y Geografia (INEGI): Estadistica de Finanzas Publicas Estatales y Municipales (EFIPEM), state governments, annual open data 1989-2025 (2025 preliminary): revenue and spending of each state government by chapter, concept and item, in pesos, read 23 October 2026 · saved copy (SHA-256 c8ace2050ce2…)
- Secretaria de Hacienda y Credito Publico (SHCP), Unidad de Coordinacion con Entidades Federativas: Financiamientos y obligaciones de entidades federativas y sus entes publicos por tipo de acreedor y fuente de pago: balances at 30 June 2026 (millions of pesos), read 23 October 2026 · saved copy (SHA-256 eae1d48cad0e…)
- Secretaria de Hacienda y Credito Publico (SHCP), Unidad de Coordinacion con Entidades Federativas: Tasa de interes promedio ponderada por entidad federativa y sus entes publicos, at 30 June 2026, read 23 October 2026 · saved copy (SHA-256 41392693e6b3…)
- Secretaria de Hacienda y Credito Publico (SHCP), Unidad de Coordinacion con Entidades Federativas: Sistema de Alertas: evaluacion del nivel de endeudamiento de las Entidades Federativas, 2T-2026 (indicators and ranges), read 23 October 2026 · saved copy (SHA-256 ada72d2140d3…)
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