Iran vs Mexico: Military spending
Iran
10.44 billion constant 2022 US$
in 2023
Mexico
12.06 billion constant 2022 US$
in 2023
Iran rank
31st
Mexico rank
28th
Military spending over time
- Iran
- Mexico
How they compare
Mexico currently reports 12.06 billion constant 2022 US$ against 10.44 billion constant 2022 US$ in Iran, a difference of 1.63 billion constant 2022 US$.
That makes Mexico's figure about 1.2 times Iran's.
The two have swapped places 10 times across 169 shared years of data; in 1855 it was Mexico ahead.
Iran ranks 31st and Mexico ranks 28th of 172 countries.
Across the 18 decades both report, Iran averaged higher in 12 and Mexico in 6.
Head to head by decade
| Decade | Iran | Mexico | Difference | Ahead |
|---|---|---|---|---|
| 1850s | 153.84 million constant 2022 US$ | 785.54 million constant 2022 US$ | 631.70 million constant 2022 US$ | Mexico |
| 1860s | 334.53 million constant 2022 US$ | 440.12 million constant 2022 US$ | 105.59 million constant 2022 US$ | Mexico |
| 1870s | 457.51 million constant 2022 US$ | 211.01 million constant 2022 US$ | 246.50 million constant 2022 US$ | Iran |
| 1880s | 739.77 million constant 2022 US$ | 237.23 million constant 2022 US$ | 502.54 million constant 2022 US$ | Iran |
| 1890s | 757.14 million constant 2022 US$ | 245.04 million constant 2022 US$ | 512.10 million constant 2022 US$ | Iran |
| 1900s | 822.52 million constant 2022 US$ | 208.25 million constant 2022 US$ | 614.27 million constant 2022 US$ | Iran |
| 1910s | 360.91 million constant 2022 US$ | 563.98 million constant 2022 US$ | 203.07 million constant 2022 US$ | Mexico |
| 1920s | 137.57 million constant 2022 US$ | 677.74 million constant 2022 US$ | 540.17 million constant 2022 US$ | Mexico |
| 1930s | 234.50 million constant 2022 US$ | 360.55 million constant 2022 US$ | 126.05 million constant 2022 US$ | Mexico |
| 1940s | 471.30 million constant 2022 US$ | 468.64 million constant 2022 US$ | 2.66 million constant 2022 US$ | Iran |
| 1950s | 806.73 million constant 2022 US$ | 502.74 million constant 2022 US$ | 303.99 million constant 2022 US$ | Iran |
| 1960s | 2.30 billion constant 2022 US$ | 953.09 million constant 2022 US$ | 1.35 billion constant 2022 US$ | Iran |
| 1970s | 18.89 billion constant 2022 US$ | 1.68 billion constant 2022 US$ | 17.22 billion constant 2022 US$ | Iran |
| 1980s | 16.17 billion constant 2022 US$ | 2.17 billion constant 2022 US$ | 14.00 billion constant 2022 US$ | Iran |
| 1990s | 6.85 billion constant 2022 US$ | 3.64 billion constant 2022 US$ | 3.21 billion constant 2022 US$ | Iran |
| 2000s | 8.58 billion constant 2022 US$ | 4.97 billion constant 2022 US$ | 3.60 billion constant 2022 US$ | Iran |
| 2010s | 17.15 billion constant 2022 US$ | 6.66 billion constant 2022 US$ | 10.49 billion constant 2022 US$ | Iran |
| 2020s | 9.87 billion constant 2022 US$ | 10.59 billion constant 2022 US$ | 723.98 million constant 2022 US$ | Mexico |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military spending, Iran or Mexico?
- Mexico, at 12.06 billion constant 2022 US$ against 10.44 billion constant 2022 US$ in Iran as of 2023.
- What is the difference in military spending between Iran and Mexico?
- 1.63 billion constant 2022 US$, with Mexico ahead.
- How many years of comparable data are there for Iran and Mexico?
- 169 years are reported by both, from 1855 to 2023.
- How do Iran and Mexico rank globally for military spending?
- Iran ranks 31st 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.
Individual pages
About this data
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.