Rising Debt Levels Among Mexicans
In 2025, the average Mexican’s debt reached 193,198 pesos in credit cards, loans, or personal credits, marking a 6.3% increase from the previous year, according to Bravo.
The document Perfil del deudor mexicano 2025 (Profile of the Mexican Debtor 2025) revealed that in just one year, the average amount grew by 11,447 pesos from 181,751 pesos.
Financial Mismanagement as the Primary Cause
Bravo, formerly Resuelve tu deuda and now specializing in debt liquidation, based its analysis on over 30,000 active clients by the end of 2025. The company attributes the rising debt primarily to poor financial management, stemming from a lack of financial education and knowledge.
According to the analysis, 72% of respondents reported that their monthly expenses exceed their income.
One in Three Mexicans Has Debts
Debt can evoke fear and represent wasted money in interest for some, while others view it as an opportunity for personal, professional, or long-term growth. However, according to the latest National Financial Health Survey (ENSAFI) by Mexico’s National Institute of Statistics and Geography (INEGI), 36.2% of the population aged 18 and over has some form of debt.
INEGI data shows that 27.3% of those with debt have fallen behind on credit or loan payments, with slightly higher levels among 18-49 year-olds.
Furthermore, 5% of respondents admitted to excessive debt levels, and 11.1% reported high-level debt.
Earning Less, Owing More
Bravo’s analysis indicates that the average general income for the population in 2025 was 24,426 pesos, down from 25,166 the previous year.
“This gap between debt and income highlights varying financial realities and the need for personalized approaches to managing debt,” explained Bravo.
At What Age Do Mexicans Accrue the Most Debt?
The most indebted demographic falls within productive age groups. Those aged 31-35 account for 21% of debtors, with an average debt of 175,192.95 pesos. The figure rises to 16% for those aged 36-40, with an average debt of 205,392.21 pesos.
“The Profile of the Mexican Debtor 2025 confirms the importance of conscious financial management,” said Javier Salmerón, Co-Country Manager of Bravo in Mexico. “When there’s a lack of clear understanding of income, effective budget planning, and responsible consumption habits, individuals may face financial instability challenges.”
For debtors aged 41-45, the situation is more pronounced with an average debt of 221,620.70 pesos, which continues to rise with age, peaking at 292,090.10 pesos for those over 66.
This phenomenon reflects the accumulation of obligations over time and may be linked to the economic demands of these age groups, resulting in long-term financial commitments, according to Salmerón.
The youngest generation among Bravo’s clients, aged 21-25, constitutes 4% of debtors with an average debt of 79,283.86 pesos, indicating early integration into the credit system and the critical importance of financial education from a young age.
Poor Financial Management
More than half of Mexicans end each month with empty pockets, according to the Global State of the Consumer Tracker (GSCT). 54% of the population has a zero balance in their bank account at the end of the period.
Only 8% of Mexicans “always” have extra money at the end of the month, while 30% struggle to make ends meet, according to ENSAF.
Factors such as insufficient income, persistent inflation, unemployment, and poor financial planning contribute to this situation, according to Mario Di Costanzo, former president of Mexico’s Commission for the Protection and Defense of Financial Services Users (CONDUSEF).
