Mexico vs Sweden: Military spending, gaps filled

Mexico
13.78 billion constant 2024 US$
in 2025
Sweden
14.95 billion constant 2024 US$
in 2025
Mexico rank
30th
Sweden rank
28th

Military spending, gaps filled over time

  • Mexico
  • Sweden
05.0B10.0B15.0B20.0B194919872025

How they compare

Sweden currently reports 14.95 billion constant 2024 US$ against 13.78 billion constant 2024 US$ in Mexico, a difference of 1.17 billion constant 2024 US$.

That makes Sweden's figure about 1.1 times Mexico's.

The two have swapped places 2 times across 66 shared years of data; in 1960 it was Sweden ahead.

Mexico ranks 30th and Sweden ranks 28th of 162 countries.

Across the 7 decades both report, Mexico averaged higher in 2 and Sweden in 5.

Head to head by decade

Decade Mexico Sweden Difference Ahead
1960s 1.07 billion constant 2024 US$ 4.75 billion constant 2024 US$ 3.68 billion constant 2024 US$ Sweden
1970s 1.97 billion constant 2024 US$ 5.92 billion constant 2024 US$ 3.95 billion constant 2024 US$ Sweden
1980s 3.15 billion constant 2024 US$ 6.31 billion constant 2024 US$ 3.16 billion constant 2024 US$ Sweden
1990s 3.82 billion constant 2024 US$ 6.37 billion constant 2024 US$ 2.55 billion constant 2024 US$ Sweden
2000s 4.73 billion constant 2024 US$ 5.83 billion constant 2024 US$ 1.10 billion constant 2024 US$ Sweden
2010s 7.53 billion constant 2024 US$ 5.66 billion constant 2024 US$ 1.87 billion constant 2024 US$ Mexico
2020s 13.67 billion constant 2024 US$ 9.75 billion constant 2024 US$ 3.91 billion constant 2024 US$ Mexico

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, gaps filled, Mexico or Sweden?
Sweden, at 14.95 billion constant 2024 US$ against 13.78 billion constant 2024 US$ in Mexico as of 2025.
What is the difference in military spending, gaps filled between Mexico and Sweden?
1.17 billion constant 2024 US$, with Sweden ahead.
How many years of comparable data are there for Mexico and Sweden?
66 years are reported by both, from 1960 to 2025.
How do Mexico and Sweden rank globally for military spending, gaps filled?
Mexico ranks 30th and Sweden ranks 28th of 162 countries.
Where does this data come from?
Statizoid (derived), published as Military spending, gaps filled. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Mexico vs Sweden: Military spending, gaps filled. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/compare/military-spending-gaps-filled/mexico/sweden/

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About this data

Indicator
Military spending, gaps filled
Unit
constant 2024 US$
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
162 places, 8,449 data points, 1949–2025
Last refreshed

Military spending with 108 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.