Colombia vs Mexico: Military spending

Colombia
12.36 billion constant 2022 US$
in 2023
Mexico
12.06 billion constant 2022 US$
in 2023
Colombia rank
27th
Mexico rank
28th

Military spending over time

  • Colombia
  • Mexico
05.0B10.0B15.0B183119272023

How they compare

Colombia currently reports 12.36 billion constant 2022 US$ against 12.06 billion constant 2022 US$ in Mexico, a difference of 300.00 million constant 2022 US$.

The two have swapped places 5 times across 193 shared years of data; in 1831 it was Mexico ahead.

Colombia ranks 27th and Mexico ranks 28th of 172 countries.

Across the 20 decades both report, Colombia averaged higher in 4 and Mexico in 16.

Head to head by decade

Decade Colombia Mexico Difference Ahead
1830s 61.66 million constant 2022 US$ 138.18 million constant 2022 US$ 76.52 million constant 2022 US$ Mexico
1840s 66.72 million constant 2022 US$ 422.35 million constant 2022 US$ 355.63 million constant 2022 US$ Mexico
1850s 37.99 million constant 2022 US$ 776.74 million constant 2022 US$ 738.76 million constant 2022 US$ Mexico
1860s 13.18 million constant 2022 US$ 440.12 million constant 2022 US$ 426.94 million constant 2022 US$ Mexico
1870s 15.33 million constant 2022 US$ 211.01 million constant 2022 US$ 195.68 million constant 2022 US$ Mexico
1880s 30.47 million constant 2022 US$ 237.23 million constant 2022 US$ 206.75 million constant 2022 US$ Mexico
1890s 31.59 million constant 2022 US$ 245.04 million constant 2022 US$ 213.45 million constant 2022 US$ Mexico
1900s 49.28 million constant 2022 US$ 208.25 million constant 2022 US$ 158.97 million constant 2022 US$ Mexico
1910s 52.68 million constant 2022 US$ 563.98 million constant 2022 US$ 511.30 million constant 2022 US$ Mexico
1920s 58.15 million constant 2022 US$ 677.74 million constant 2022 US$ 619.59 million constant 2022 US$ Mexico
1930s 111.62 million constant 2022 US$ 360.55 million constant 2022 US$ 248.93 million constant 2022 US$ Mexico
1940s 213.83 million constant 2022 US$ 468.64 million constant 2022 US$ 254.81 million constant 2022 US$ Mexico
1950s 629.50 million constant 2022 US$ 502.74 million constant 2022 US$ 126.76 million constant 2022 US$ Colombia
1960s 677.10 million constant 2022 US$ 953.09 million constant 2022 US$ 275.99 million constant 2022 US$ Mexico
1970s 641.67 million constant 2022 US$ 1.68 billion constant 2022 US$ 1.03 billion constant 2022 US$ Mexico
1980s 970.43 million constant 2022 US$ 2.17 billion constant 2022 US$ 1.20 billion constant 2022 US$ Mexico
1990s 3.15 billion constant 2022 US$ 3.64 billion constant 2022 US$ 492.93 million constant 2022 US$ Mexico
2000s 6.84 billion constant 2022 US$ 4.97 billion constant 2022 US$ 1.86 billion constant 2022 US$ Colombia
2010s 11.32 billion constant 2022 US$ 6.66 billion constant 2022 US$ 4.65 billion constant 2022 US$ Colombia
2020s 12.32 billion constant 2022 US$ 10.59 billion constant 2022 US$ 1.73 billion constant 2022 US$ Colombia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, Colombia or Mexico?
Colombia, at 12.36 billion constant 2022 US$ against 12.06 billion constant 2022 US$ in Mexico as of 2023.
What is the difference in military spending between Colombia and Mexico?
300.00 million constant 2022 US$, with Colombia ahead.
How many years of comparable data are there for Colombia and Mexico?
193 years are reported by both, from 1831 to 2023.
How do Colombia and Mexico rank globally for military spending?
Colombia ranks 27th and Mexico ranks 28th of 172 countries.
Where does this data come from?
Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as Military spending. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Colombia vs Mexico: Military spending. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 22 September 2026, from https://reference.statizoid.com/compare/military-spending-gmsd/colombia/mexico/

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About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.