New Mexico Federal Spending

According to USASpending.gov, the official federal award-transaction dataset, the federal government directed $41.5B to New Mexico in FY2025, translating to $19,577 per resident across a population of 2,117,522. That per-capita figure is 25.1% above the $15,647 national average and ranks New Mexico #13 of 57 states per capita, while total-dollar rank is #32, illustrating the difference between volume of federal dollars and intensity of federal dependence.

The award-type mix shows how federal awards break down in New Mexico by count: 10,654 contracts, 5,630 grants, 2,335 loans, and 20,348 direct payments. The most common award type is direct payments at 49.3% of tracked awards in the state, with contracts a distant second at 10,654 awards. Department of Energy is the single largest federal agency operating in New Mexico, with $11.2B in obligations - more than Social Security Administration's $10.8B.

Over the available history, federal spending in New Mexico has grown 15.6% from $35.9B in FY2020 to $41.5B in FY2025. Combined with 33 counties receiving dollars and top recipient Department of Human Services New Mexico at $9.6B, this snapshot lets readers judge whether New Mexico's federal footprint is expanding, stable, or being scaled back relative to FY2025.

It helps to read state totals through two different lenses. Total dollars measure the raw volume of federal money flowing into a state, which naturally favors larger and more populous states. Per-capita spending measures intensity, how much federal money lands per resident, and it surfaces smaller states whose economies lean heavily on federal installations, contracts, or transfer payments. The two rankings often disagree, which is exactly why both appear above. The award mix matters too: contracts signal procurement of goods and services, grants flow to universities, nonprofits, and local governments, and direct payments include programs such as Social Security and Medicare that scale with population. Every figure comes from USASpending.gov, the federal spending-transparency system the U.S. Treasury has operated since the DATA Act of 2014. Federal outlays exceeded $7.0 trillion in fiscal year 2025 (CBO Monthly Budget Review), and these are official government records rather than estimates, though late-posted and corrected awards can adjust a state's totals after the year closes. Our methodology details the per-capita denominator, the award categories, and the data vintage.