Government budget and revenue in Mexico City, Mexico: official figures
The Mexico City government spent 319.2 billion pesos in 2025 according to INEGI's preliminary state public finance statistics, 34,762 pesos per resident, the highest of 32 (all 32 governments combined: 24,691 pesos). Spending was up 8.1% on 2024 and up 38.8% on 2018, before adjusting for inflation.
How much does Mexico City depend on federal money?
Federal transfers made up 50.9% of the Mexico City government's revenue in 2025 (156.5 billion pesos of 307.7 billion pesos, counting revenue without borrowing), the lowest share of 32 (all 32 governments combined: 81.0%). In 2024 the share was 55.9%.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow much revenue-sharing money does Mexico City get from the federal government?
Mexico City received 132.9 billion pesos in federal participaciones, the revenue-sharing transfers states may spend freely, in 2025: 14,467 pesos per resident, the highest of 32 (all 32 governments combined: 10,102 pesos). The General Participation Fund supplied 97.1 billion pesos of it; the total was up 8.2% on 2024.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow much earmarked federal funding does Mexico City receive?
Earmarked federal transfers (aportaciones, including the Ramo 33 funds and reassigned federal resources) brought Mexico City 23.6 billion pesos in 2025, 2,573 pesos per resident, the lowest of 32 (all 32 governments combined: 9,347 pesos). The largest Ramo 33 fund paid to the city government was the municipal and borough strengthening fund (FORTAMUN), with 2.9 billion pesos.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow much of its own money does Mexico City raise?
The Mexico City government's own revenue (taxes, fees, products and other own income) was 151.2 billion pesos in 2025, 49.1% of its revenue without borrowing, the highest share of 32 (all 32 governments combined: 18.1%). It was up 21.2% on 2024.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow much tax does the Mexico City government collect?
State taxes raised 102.1 billion pesos in Mexico City in 2025, 11,115 pesos per resident, the highest of 32 (all 32 governments combined: 2,402 pesos). The payroll tax (impuesto sobre nomina) supplied 53.5% of tax revenue, and property taxes 42.2%.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow much does Mexico City spend on government salaries?
Personnel costs (servicios personales) took 36.9 billion pesos, or 11.6% of the Mexico City government's spending in 2025, 14th lowest share of 32 (all 32 governments combined: 20.1%). The bill was up 1.5% on 2024.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow much does Mexico City invest in public works?
The Mexico City government spent 11.3 billion pesos on public investment (public works and productive projects) in 2025, 3.5% of its spending, 10th highest share of 32 (all 32 governments combined: 3.4%). In 2024 it spent 18.3 billion pesos.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow much money do Mexico City's alcaldias get?
Mexico City's government assigned 53.4 billion pesos to the city's borough governments (alcaldias) and 67.4 billion pesos to its parastatal sector in 2025, together 37.8% of its spending. In 2024 the boroughs received 49.6 billion pesos.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow much does Mexico City pay on its debt each year?
Debt service cost the Mexico City government 18.4 billion pesos in 2025, 5.8% of its spending, 9th highest share of 32 (all 32 governments combined: 5.6%). Interest accounted for 9.3 billion pesos and principal repayments for 8.8 billion pesos, and payments of bills left from earlier years (ADEFAS) for 316.5 million pesos.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow much debt does Mexico City have?
Debt and financial obligations of the Mexico City government and its public entities registered with Hacienda stood at 104.2 billion pesos on 30 June 2026, 11,371 pesos per resident, 3rd highest of 32 (all 32 governments combined: 4,962 pesos). That is down 2.9% from 107.3 billion pesos on 31 December 2025 and 15.6% of all registered state debt.
Source: Secretaria de Hacienda y Credito Publico (SHCP), Unidad de Coordinacion con Entidades Federativas · saved copyWho does Mexico City owe money to?
100% of Mexico City's registered debt at 30 June 2026 was backed by its federal participaciones as the source of payment. By lender: development banks 50%, commercial banks 43%, other lenders 7%.
Source: Secretaria de Hacienda y Credito Publico (SHCP), Unidad de Coordinacion con Entidades Federativas · saved copyWhat interest rate does Mexico City pay on its debt?
The weighted average interest rate on Mexico City's registered debt was 7.42% at 30 June 2026, 6th highest of 31 entities with registered debt (overall: 7.21%), and the weighted average remaining term was 12.2 years, 11th shortest of 31.
Source: Secretaria de Hacienda y Credito Publico (SHCP), Unidad de Coordinacion con Entidades Federativas · saved copyIs Mexico City's debt level sustainable?
In Hacienda's debt Alert System for the second quarter of 2026, Mexico City's debt and obligations equalled 38.5% of its unconditional revenue (ingresos de libre disposicion), in the low range (the low range runs up to 100%) and 13th highest of 31 entities measured. Debt service took 5.0% 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 Mexico City compares with other federal entities
State government spending per person (2025)
Mexico City ranks 1 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 |
|---|---|---|
| 1 | Mexico City | 34,762 pesos |
| 2 | Sonora | 31,857 pesos |
| 3 | Chihuahua | 31,630 pesos |
| 4 | Tabasco | 31,117 pesos |
| 5 | Durango | 30,954 pesos |
| 6 | Baja California Sur | 30,527 pesos |
| 7 | Nuevo Leon | 30,458 pesos |
Federal transfers as a share of state revenue (2025)
Mexico City ranks 32 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 |
|---|---|---|
| 26 | Coahuila | 79.1% |
| 27 | Sonora | 74.7% |
| 28 | Chihuahua | 73.8% |
| 29 | State of Mexico | 73.6% |
| 30 | Quintana Roo | 72.9% |
| 31 | Nuevo Leon | 72.1% |
| 32 | Mexico City | 50.9% |
Own revenue as a share of state revenue (2025)
Mexico City ranks 1 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 |
|---|---|---|
| 1 | Mexico City | 49.1% |
| 2 | Nuevo Leon | 27.9% |
| 3 | Quintana Roo | 27.1% |
| 4 | Chihuahua | 26.2% |
| 5 | State of Mexico | 22.6% |
| 6 | Coahuila | 20.9% |
| 7 | Queretaro | 19.9% |
State taxes collected per person (2025)
Mexico City ranks 1 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 |
|---|---|---|
| 1 | Mexico City | 11,115 pesos |
| 2 | Quintana Roo | 5,094 pesos |
| 3 | Nuevo Leon | 3,436 pesos |
| 4 | Baja California | 3,291 pesos |
| 5 | Queretaro | 2,927 pesos |
| 6 | Baja California Sur | 2,910 pesos |
| 7 | Chihuahua | 2,814 pesos |
Federal participaciones (revenue sharing) per person (2025)
Mexico City ranks 1 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)
Mexico City ranks 32 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 |
|---|---|---|
| 26 | Queretaro | 8,145 pesos |
| 27 | Guanajuato | 7,954 pesos |
| 28 | Quintana Roo | 7,816 pesos |
| 29 | Nuevo Leon | 7,481 pesos |
| 30 | Jalisco | 7,304 pesos |
| 31 | State of Mexico | 6,942 pesos |
| 32 | Mexico City | 2,573 pesos |
Personnel costs as a share of state spending (2025)
Mexico City ranks 19 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 |
|---|---|---|
| 16 | Chiapas | 14.3% |
| 17 | Guerrero | 11.8% |
| 18 | Nayarit | 11.7% |
| 19 | Mexico City | 11.6% |
| 20 | San Luis Potosi | 11.4% |
| 21 | Tlaxcala | 11.1% |
| 22 | Sonora | 11.0% |
Public investment as a share of state spending (2025)
Mexico City ranks 10 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 |
|---|---|---|
| 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% |
| 13 | Baja California | 3.4% |
Debt service as a share of state spending (2025)
Mexico City ranks 9 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 |
|---|---|---|
| 6 | Chiapas | 9.2% |
| 7 | Tabasco | 7.9% |
| 8 | Coahuila | 7.3% |
| 9 | Mexico City | 5.8% |
| 10 | Colima | 4.8% |
| 11 | Quintana Roo | 4.4% |
| 12 | State of Mexico | 3.4% |
Registered state debt per person (2026-06-30)
Mexico City ranks 3 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 |
|---|---|---|
| 1 | Nuevo Leon | 16,591 pesos |
| 2 | Chihuahua | 13,748 pesos |
| 3 | Mexico City | 11,371 pesos |
| 4 | Coahuila | 10,478 pesos |
| 5 | Sonora | 9,073 pesos |
| 6 | Quintana Roo | 9,057 pesos |
| 7 | Durango | 5,902 pesos |
Debt as a share of unconditional revenue (Alert System indicator 1) (2026-Q2)
Mexico City ranks 13 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) |
|---|---|---|
| 10 | Colima | 42.4% |
| 11 | Aguascalientes | 40.8% |
| 12 | Baja California | 40.6% |
| 13 | Mexico City | 38.5% |
| 14 | Tamaulipas | 37.5% |
| 15 | Yucatan | 37.0% |
| 16 | Zacatecas | 37.0% |
Debt service as a share of unconditional revenue (Alert System indicator 2) (2026-Q2)
Mexico City ranks 9 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) |
|---|---|---|
| 6 | Quintana Roo | 6.6% |
| 7 | Durango | 6.5% |
| 8 | Nayarit | 5.6% |
| 9 | Mexico City | 5.0% |
| 10 | Veracruz | 4.9% |
| 11 | Baja California | 4.5% |
| 12 | Colima | 4.5% |
Average interest rate on registered state debt (2026-06-30)
Mexico City ranks 6 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 |
|---|---|---|
| 3 | Nayarit | 7.45% |
| 4 | Colima | 7.45% |
| 5 | Guerrero | 7.44% |
| 6 | Mexico City | 7.42% |
| 7 | Baja California Sur | 7.42% |
| 8 | Durango | 7.40% |
| 9 | Michoacan | 7.35% |
More on Mexico City: 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), Gobierno de la Ciudad de Mexico, annual open data 1989-2025 (2025 preliminary), read 23 October 2026 · saved copy (SHA-256 3ce160a01124…)
- 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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