In January 2026, federal government revenues in Mexico reached 649.08 billion pesos, a real increase of 8.6% compared to January 2025, according to the Tax Administration Service (SAT).
In the first month of 2026, Mexico's federal government reported revenues amounting to 649.08 billion pesos, marking an impressive real growth of 8.6% compared to the same month the previous year. This significant uptick represents an increase of 72.71 billion pesos from January 2025 and surpasses the projections set out in the 2026 Federal Revenue Law by 105.4%. The strong performance of federal revenues illustrates the effective collection efforts and relays confidence in the government's fiscal management.
The SAT highlighted that tax collection for January 2026 was notably robust, totaling 595.76 billion pesos, which corresponds to a real increase of 11% year-on-year. The data presented by the tax authority indicates an effective increase in tax compliance and revenue generation strategies. This continued growth in tax revenues could signal an improving economic landscape and greater stability in public finances, which are essential for funding governmental programs and infrastructure projects.
Additionally, the data revealed that 326.99 billion pesos were collected from income tax (ISR), an increase of 49.09 billion pesos compared to January of the previous year. This increase in income tax also reflects a positive trend in economic activity among individuals and businesses, suggesting a growing economy, which could contribute to ongoing investment in public services and societal development. The latest figures from the SAT reflect a positive trajectory for Mexico's economic management at a pivotal time for the nation’s financial health.
