Statizoid

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
010.0B20.0B30.0B183119272023

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.

Individual pages

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.