Government budget and revenue in Guerrero, Mexico: official figures
The Guerrero state government spent 90.1 billion pesos in 2025 according to INEGI's preliminary state public finance statistics, 24,989 pesos per resident, 13th highest of 32 (all 32 governments combined: 24,691 pesos). Spending was up 0.4% on 2024 and up 30.1% on 2018, before adjusting for inflation.
How much does Guerrero depend on federal money?
Federal transfers made up 96.0% of the Guerrero state government's revenue in 2025 (87.5 billion pesos of 91.1 billion pesos, counting revenue without borrowing), the highest share of 32 (all 32 governments combined: 81.0%). In 2024 the share was 97.1%.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow much revenue-sharing money does Guerrero get from the federal government?
Guerrero received 30.1 billion pesos in federal participaciones, the revenue-sharing transfers states may spend freely, in 2025: 8,338 pesos per resident, 4th lowest of 32 (all 32 governments combined: 10,102 pesos). The General Participation Fund supplied 23.6 billion pesos of it; the total was up 4.9% on 2024.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow much earmarked federal funding does Guerrero receive?
Earmarked federal transfers (aportaciones, including the Ramo 33 funds and reassigned federal resources) brought Guerrero 57.4 billion pesos in 2025, 15,914 pesos per resident, the 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 27.4 billion pesos.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow much of its own money does Guerrero raise?
The Guerrero state government's own revenue (taxes, fees, products and other own income) was 3.6 billion pesos in 2025, 4.0% of its revenue without borrowing, the lowest share of 32 (all 32 governments combined: 18.1%). It was up 41.4% on 2024.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow much tax does the Guerrero government collect?
State taxes raised 2.9 billion pesos in Guerrero in 2025, 815 pesos per resident, 6th lowest of 32 (all 32 governments combined: 2,402 pesos). The payroll tax (impuesto sobre nomina) supplied 45.2% of tax revenue.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow much does Guerrero spend on government salaries?
Personnel costs (servicios personales) took 10.6 billion pesos, or 11.8% of the Guerrero state government's spending in 2025, 16th lowest share of 32 (all 32 governments combined: 20.1%). The bill was up 7.1% on 2024.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow much does Guerrero invest in public works?
The Guerrero state government spent 1.7 billion pesos on public investment (public works and productive projects) in 2025, 1.9% of its spending, 6th lowest share of 32 (all 32 governments combined: 3.4%). In 2024 it spent 1.7 billion pesos.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow much money does Guerrero give its municipalities?
The Guerrero state government passed 19.0 billion pesos to its municipalities in 2025, 21.1% of its spending, 4th highest share of 31 states (all 31 states: 17.0%). Of this, 7.5 billion pesos was the municipal share of federal participaciones and 11.5 billion pesos Ramo 33 aportaciones.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow much does Guerrero pay on its debt each year?
Debt service cost the Guerrero state government 219.1 million pesos in 2025, 0.24% of its spending, 2nd lowest share of 32 (all 32 governments combined: 5.6%). Interest accounted for 82.9 million pesos and principal repayments for 136.2 million pesos.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow much debt does Guerrero have?
Debt and financial obligations of the Guerrero state government and its public entities registered with Hacienda stood at 2.1 billion pesos on 30 June 2026, 577 pesos per resident, 4th lowest of 32 (all 32 governments combined: 4,962 pesos). That is down 49.3% from 4.1 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 Guerrero owe money to?
23% of Guerrero's registered debt at 30 June 2026 was backed by its federal participaciones as the source of payment. By lender: commercial banks 77%, development banks 23%.
Source: Secretaria de Hacienda y Credito Publico (SHCP), Unidad de Coordinacion con Entidades Federativas · saved copyWhat interest rate does Guerrero pay on its debt?
The weighted average interest rate on Guerrero's registered debt was 7.44% at 30 June 2026, 5th highest of 31 entities with registered debt (overall: 7.21%), and the weighted average remaining term was 2.0 years, 2nd shortest of 31.
Source: Secretaria de Hacienda y Credito Publico (SHCP), Unidad de Coordinacion con Entidades Federativas · saved copyIs Guerrero's debt level sustainable?
In Hacienda's debt Alert System for the second quarter of 2026, Guerrero's debt and obligations equalled 8.3% of its unconditional revenue (ingresos de libre disposicion), in the low range (the low range runs up to 100%) and tied for 2nd lowest of 31 entities measured. Debt service took 1.3% 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 Guerrero compares with other states
State government spending per person (2025)
Guerrero ranks 13 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 |
|---|---|---|
| 10 | Nayarit | 25,300 pesos |
| 11 | Sinaloa | 25,175 pesos |
| 12 | Zacatecas | 25,136 pesos |
| 13 | Guerrero | 24,989 pesos |
| 14 | Oaxaca | 24,968 pesos |
| 15 | Quintana Roo | 24,447 pesos |
| 16 | Aguascalientes | 24,385 pesos |
Federal transfers as a share of state revenue (2025)
Guerrero ranks 1 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 |
|---|---|---|
| 1 | Guerrero | 96.0% |
| 2 | Oaxaca | 93.5% |
| 3 | Tlaxcala | 92.8% |
| 4 | Michoacan | 92.1% |
| 5 | Veracruz | 91.8% |
| 6 | Chiapas | 90.8% |
| 7 | Morelos | 90.8% |
Own revenue as a share of state revenue (2025)
Guerrero ranks 32 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 |
|---|---|---|
| 26 | Chiapas | 9.2% |
| 27 | Morelos | 8.8% |
| 28 | Michoacan | 7.9% |
| 29 | Veracruz | 6.9% |
| 30 | Tlaxcala | 6.7% |
| 31 | Oaxaca | 6.5% |
| 32 | Guerrero | 4.0% |
State taxes collected per person (2025)
Guerrero ranks 27 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 |
|---|---|---|
| 24 | Puebla | 1,161 pesos |
| 25 | Veracruz | 990 pesos |
| 26 | Hidalgo | 952 pesos |
| 27 | Guerrero | 815 pesos |
| 28 | Michoacan | 815 pesos |
| 29 | Tlaxcala | 779 pesos |
| 30 | Morelos | 752 pesos |
Federal participaciones (revenue sharing) per person (2025)
Guerrero ranks 29 of 32, highest first. Participaciones federales received in 2025 (preliminary) per resident
| Rank | Region | Federal participaciones (revenue sharing) per person |
|---|---|---|
| 26 | Oaxaca | 8,758 pesos |
| 27 | Morelos | 8,613 pesos |
| 28 | Michoacan | 8,401 pesos |
| 29 | Guerrero | 8,338 pesos |
| 30 | Puebla | 8,336 pesos |
| 31 | Chiapas | 8,277 pesos |
| 32 | Hidalgo | 7,983 pesos |
Federal aportaciones (earmarked transfers) per person (2025)
Guerrero ranks 1 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)
Guerrero ranks 17 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 |
|---|---|---|
| 14 | Baja California | 17.8% |
| 15 | Nuevo Leon | 14.7% |
| 16 | Chiapas | 14.3% |
| 17 | Guerrero | 11.8% |
| 18 | Nayarit | 11.7% |
| 19 | Mexico City | 11.6% |
| 20 | San Luis Potosi | 11.4% |
Public investment as a share of state spending (2025)
Guerrero ranks 27 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 |
|---|---|---|
| 24 | State of Mexico | 2.0% |
| 25 | Chihuahua | 2.0% |
| 26 | Quintana Roo | 1.9% |
| 27 | Guerrero | 1.9% |
| 28 | Sonora | 1.2% |
| 29 | Durango | 1.2% |
| 30 | Veracruz | 1.1% |
Share of state spending passed to municipalities (2025)
Guerrero ranks 4 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)
Guerrero ranks 31 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)
Guerrero ranks 29 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 |
|---|---|---|
| 26 | Baja California Sur | 1,507 pesos |
| 27 | Guanajuato | 1,292 pesos |
| 28 | Hidalgo | 696 pesos |
| 29 | Guerrero | 577 pesos |
| 30 | Puebla | 496 pesos |
| 31 | Queretaro | 397 pesos |
| 32 | Tlaxcala | 0 pesos |
Debt as a share of unconditional revenue (Alert System indicator 1) (2026-Q2)
Guerrero ranks 29 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) |
|---|---|---|
| 25 | Guanajuato | 18.1% |
| 26 | Tabasco | 15.0% |
| 27 | Baja California Sur | 13.7% |
| 28 | Puebla | 10.7% |
| 29 | Guerrero | 8.3% |
| 30 | Hidalgo | 8.3% |
| 31 | Queretaro | 3.4% |
Debt service as a share of unconditional revenue (Alert System indicator 2) (2026-Q2)
Guerrero ranks 31 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) |
|---|---|---|
| 25 | Campeche | 2.7% |
| 26 | Baja California Sur | 2.6% |
| 27 | Tabasco | 2.6% |
| 28 | Puebla | 2.5% |
| 29 | San Luis Potosi | 2.4% |
| 30 | Hidalgo | 1.8% |
| 31 | Guerrero | 1.3% |
Average interest rate on registered state debt (2026-06-30)
Guerrero ranks 5 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 |
|---|---|---|
| 2 | Aguascalientes | 7.47% |
| 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% |
More on Guerrero: 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…)
Each saved copy is the file exactly as downloaded, kept so the figures can be checked even if the source changes. Report an error.