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New Mexico: Spending vs Population

Federal spending grew -92.0% while population grew 0.6%.

Spending Growth

-92.0%

Population Growth

0.6%

Status

Balanced

Population growing at pace with spending

Year-over-Year Growth Rates

Spending YoY %
Population YoY %
0.0% / 0.0%
20
0.0% / -0.1%
21
0.0% / -0.2%
22
0.0% / 0.3%
23
0.0% / 0.4%
24
-87.9% / 0.0%
25
-33.7% / 0.0%
26
Year-by-year federal spending, population, per-capita spending, and year-over-year growth rates for New Mexico.
YearSpendingPopulationPer CapitaSpend YoYPop YoY
2019$02.1M
2020$02.1M0.0%
2021$02.1M-0.1%
2022$02.1M-0.2%
2023$02.1M0.3%
2024$242.15B2.1M$114K0.4%
2025$29.26B2.1M$14K-87.9%0.0%
2026$19.40B2.1M$9K-33.7%0.0%