Overview
- Mexico’s congressional budget office (CEFP) released a ranking based on fourth‑quarter 2025 data that puts Cozumel first in debt per resident with 4,414–4,415 pesos per person on a total of 421.6 million pesos.
- By total amount owed, Hermosillo leads with about 1,922 million pesos, followed by Monterrey with roughly 1,483 million and León with about 1,212 million.
- High burdens cluster in Quintana Roo and Sonora, and Jalisco appears most often in the top‑50 per‑capita list with 13 municipalities that together owe about 870 million pesos.
- Per‑capita figures can look steep in very small places, as seen in Ónavas, Sonora, where a one‑million‑peso loan spread across 349 residents yields about 2,902 pesos each, and they also rise in tourist centers that fund heavy seasonal infrastructure.
- The CEFP notes debt is unevenly distributed, with under 1% of municipalities carrying about a quarter of the total, and most local borrowing comes from development banks at roughly 49% and commercial banks a little over 43%.