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Government debt can be subdivided into two categories: external debt and domestic debt. External debt is the outstanding debt owed from the Mexican government to foreign governments (such as the United States or Europe), banks, institutions and individuals. Domestic debt is the amount of debt owed to Mexican banks, institutions and individuals within the country.
Mexico's government debt can be broken down as follows:
- External debt: US$46,208.8 million.
- Domestic debt: US$192,218.7 million.
- Total Mexican debt: US$238,427.6 million.
Now, the indebtedness level is the percentage of debt compared as a percentage of the total sum of products and services sold in the country within a year (also named Gross Domestic Product - GDP). Mexico's Gross Domestic Product is valued at US$788,840 million (est. 2009).
Therefore Mexico's debt level is:
- 5.9% of its GDP in foreign debt.
- 24.4% of its GDP in domestic debt.
- 30.3% of its GDP for total public debt.
What else can I help you with?
An increase in the federal budget deficit?
Raises the equilibrium level of output and employment.
What is Mexicos Economy in Latin America?
It is the second largest economy after Brazil, and roughly represents 25% of the region's GDP.
What will increased budget surpluses do to the national debt?
Increased budget surpluses can help reduce the national debt by allowing the government to pay down existing debt obligations rather than financing new debt. When the government runs a surplus, it generates more revenue than it spends, enabling it to allocate excess funds toward repaying principal on outstanding loans. This can lead to a decrease in the overall debt level, lower interest payments over time, and potentially improve the country's fiscal stability. However, the impact on national debt also depends on overall economic conditions and government fiscal policies.
What happens to the US Debt of you reduce the deficit?
Reducing the deficit can lead to a slower increase in the national debt, as a smaller deficit means the government is borrowing less money. If the deficit is reduced consistently over time, it could stabilize or even decrease the overall debt level relative to the country's GDP. However, the impact on actual debt levels depends on various factors, including economic growth, interest rates, and government spending policies. Ultimately, a reduced deficit contributes to better fiscal health in the long run.
How is the debt held by the public different from the total public debt?
The debt held by the public refers to the portion of the total public debt that is held by individuals, corporations, and foreign governments. It represents the amount of money that the government owes to these entities. On the other hand, the total public debt includes both the debt held by the public and the debt held by government accounts, such as the Social Security Trust Fund.
What were the results of mexicos foreign debt cisis?
Devaluation of the Mexican peso as well as a fall of the Mexican economy.
Who controls the level of national debt?
The level of national debt is controlled by Congress in the United States.
When did Mexicos Got Talent end?
Mexicos Got Talent was created on 2010-02-12.
What type of animal is road runner?
its a bird,,,mexicos state bird its a bird,,,mexicos state bird
What steps would be recommended to lower public debt to manageable level?
If for example your country has high public debt-GDP ratio. What steps would you recommend to lower public debt to manageable level?
Where is Mexicos mom?
Spain
What is the debt level in Canada now?
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What is Mexicos gnp?
1.149 trillion
Should you drink mexicos water?
No,
What are mexicos main foods?
tacos
What is mexicos interior like?
jtyjrhrd
What is central mexicos climate?
hot
