Military spending, annual growth rate in Mexico

Mexico: Military spending, annual growth rate was 8.3 % change on previous year in 2023. ◆ Volatile

Latest (2023)
8.3 % change on previous year
Change on year
up 2.3%
World rank
53rd
of 172 countries
All-time high
216.04 % change on previous year
in 1846
All-time low
-63.81 % change on previous year
in 1865
Years of data
192
1832–2023

Military spending, annual growth rate in Mexico, 1832–2023

-1000100200183219272023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2023, military spending, annual growth rate in Mexico stood at 8.3 % change on previous year.

Compared with earlier readings it is up 2.3% on the previous year and up 0.4% over ten years.

Over the whole period, military spending, annual growth rate in Mexico peaked at 216.04 % change on previous year in 1846 and was at its lowest, -63.81 % change on previous year, in 1865.

That places Mexico 53rd out of 172 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Military spending, annual growth rate in Mexico, year by year

Annual values for Military spending, annual growth rate in Mexico, 1832 to 2023.
Year % change on previous year Change
1832 6.25 % change on previous year
1833 3.85 % change on previous year -38.4%
1834 1.64 % change on previous year -57.4%
1835 -1.56 % change on previous year -195.1%
1836 -5.56 % change on previous year +255.6%
1837 6.88 % change on previous year -223.9%
1838 7.58 % change on previous year +10.1%
1839 2.94 % change on previous year -61.2%
1840 14.13 % change on previous year +381.3%
1841 5.79 % change on previous year -59.1%
1842 10.36 % change on previous year +79.0%
1843 6.87 % change on previous year -33.7%
1844 4.82 % change on previous year -29.8%
1845 -0.7673 % change on previous year -115.9%
1846 216.04 % change on previous year -28256.1%
1847 -2.13 % change on previous year -101.0%
1848 10.25 % change on previous year -581.7%
1849 0.4728 % change on previous year -95.4%
1850 -4.07 % change on previous year -960.5%
1851 -1.45 % change on previous year -64.2%
1852 9.6 % change on previous year -759.7%
1853 -2.6 % change on previous year -127.1%
1854 -3.82 % change on previous year +47.0%
1855 5.66 % change on previous year -248.3%
1856 -4.25 % change on previous year -175.0%
1857 -2.78 % change on previous year -34.5%
1858 6.66 % change on previous year -339.6%
1859 3.37 % change on previous year -49.4%
1860 -3.63 % change on previous year -207.5%
1861 -10.93 % change on previous year +201.6%
1862 -6.07 % change on previous year -44.5%
1863 -11.91 % change on previous year +96.1%
1864 3.95 % change on previous year -133.2%
1865 -63.81 % change on previous year -1714.7%
1866 1.94 % change on previous year -103.0%
1867 -6.2 % change on previous year -419.9%
1868 -2.73 % change on previous year -56.1%
1869 -4.43 % change on previous year +62.5%
1870 -10.12 % change on previous year +128.4%
1871 7.52 % change on previous year -174.4%
1872 5.05 % change on previous year -32.9%
1873 17.75 % change on previous year +251.6%
1874 -3.85 % change on previous year -121.7%
1875 11.61 % change on previous year -401.7%
1876 -10.81 % change on previous year -193.1%
1877 -5.67 % change on previous year -47.5%
1878 -1.24 % change on previous year -78.2%
1879 -4.49 % change on previous year +262.9%
1880 -3.69 % change on previous year -17.8%
1881 -1.16 % change on previous year -68.5%
1882 2.64 % change on previous year -326.9%
1883 6.05 % change on previous year +129.5%
1884 7.16 % change on previous year +18.4%
1885 1.45 % change on previous year -79.8%
1886 20.09 % change on previous year +1288.4%
1887 -1.08 % change on previous year -105.4%
1888 10.26 % change on previous year -1047.0%
1889 9.34 % change on previous year -9.0%
1890 5.58 % change on previous year -40.3%
1891 -10.51 % change on previous year -288.3%
1892 5.77 % change on previous year -154.9%
1893 -11.18 % change on previous year -293.8%
1894 -5.61 % change on previous year -49.8%
1895 -7.86 % change on previous year +40.1%
1896 -21.61 % change on previous year +174.8%
1897 -7.37 % change on previous year -65.9%
1898 -0.8999 % change on previous year -87.8%
1899 -22.65 % change on previous year +2416.5%
1900 37.71 % change on previous year -266.5%
1901 -4.4 % change on previous year -111.7%
1902 6.56 % change on previous year -249.2%
1903 -1.51 % change on previous year -123.0%
1904 6.88 % change on previous year -555.5%
1905 1.91 % change on previous year -72.2%
1906 2.32 % change on previous year +21.4%
1907 2.59 % change on previous year +11.6%
1908 6.46 % change on previous year +149.2%
1909 10.87 % change on previous year +68.3%
1910 -9.68 % change on previous year -189.0%
1911 5.77 % change on previous year -159.6%
1912 32.02 % change on previous year +454.6%
1913 65.79 % change on previous year +105.5%
1914 -19.83 % change on previous year -130.1%
1915 7.25 % change on previous year -136.5%
1916 -3.63 % change on previous year -150.0%
1917 153.14 % change on previous year -4324.6%
1918 -16.75 % change on previous year -110.9%
1919 -3.81 % change on previous year -77.3%
1920 -19.58 % change on previous year +414.3%
1921 20.69 % change on previous year -205.7%
1922 1.14 % change on previous year -94.5%
1923 -15.89 % change on previous year -1492.4%
1924 -20.87 % change on previous year +31.4%
1925 10.27 % change on previous year -149.2%
1926 -11.74 % change on previous year -214.3%
1927 -3.31 % change on previous year -71.8%
1928 14.82 % change on previous year -547.1%
1929 -14.6 % change on previous year -198.5%
1930 -11.31 % change on previous year -22.5%
1931 -10.5 % change on previous year -7.1%
1932 -18.51 % change on previous year +76.2%
1933 -14.14 % change on previous year -23.6%
1934 11.6 % change on previous year -182.1%
1935 -5.59 % change on previous year -148.2%
1936 5.39 % change on previous year -196.4%
1937 -1.59 % change on previous year -129.5%
1938 12.95 % change on previous year -913.3%
1939 -7.38 % change on previous year -157.0%
1940 6.72 % change on previous year -191.0%
1941 3.96 % change on previous year -41.1%
1942 0.6734 % change on previous year -83.0%
1943 4.91 % change on previous year +629.6%
1944 12.09 % change on previous year +146.2%
1945 20.77 % change on previous year +71.7%
1946 1.12 % change on previous year -94.6%
1947 -3.07 % change on previous year -373.5%
1948 -0.9632 % change on previous year -68.6%
1949 -1.78 % change on previous year +84.7%
1950 -15.22 % change on previous year +755.2%
1951 -2.9 % change on previous year -81.0%
1952 14.23 % change on previous year -590.8%
1953 -1.21 % change on previous year -108.5%
1954 -7.44 % change on previous year +517.0%
1955 -0.2392 % change on previous year -96.8%
1956 14.71 % change on previous year -6250.6%
1957 13.19 % change on previous year -10.3%
1958 6.36 % change on previous year -51.8%
1959 -8.15 % change on previous year -228.2%
1960 7.8 % change on previous year -195.6%
1961 17.5 % change on previous year +124.5%
1962 9.26 % change on previous year -47.1%
1963 9.72 % change on previous year +4.9%
1964 10.34 % change on previous year +6.3%
1965 5.62 % change on previous year -45.7%
1966 6.46 % change on previous year +15.0%
1967 3.95 % change on previous year -38.8%
1968 4.71 % change on previous year +19.3%
1969 6.86 % change on previous year +45.6%
1970 2.38 % change on previous year -65.4%
1971 5.31 % change on previous year +123.3%
1972 10.99 % change on previous year +107.0%
1973 10.74 % change on previous year -2.3%
1974 1.76 % change on previous year -83.6%
1975 21.63 % change on previous year +1131.0%
1976 -3.3 % change on previous year -115.2%
1977 -9.71 % change on previous year +194.5%
1978 -5.84 % change on previous year -39.8%
1979 9.93 % change on previous year -270.0%
1980 14.44 % change on previous year +45.3%
1981 20.21 % change on previous year +40.0%
1982 -13.81 % change on previous year -168.4%
1983 -9.25 % change on previous year -33.1%
1984 3.54 % change on previous year -138.2%
1985 18.45 % change on previous year +421.8%
1986 -11.45 % change on previous year -162.0%
1987 -1.05 % change on previous year -90.8%
1988 -3.67 % change on previous year +248.5%
1989 -0.9093 % change on previous year -75.2%
1990 -5.57 % change on previous year +512.4%
1991 10.23 % change on previous year -283.7%
1992 33.11 % change on previous year +223.5%
1993 11.9 % change on previous year -64.1%
1994 15.6 % change on previous year +31.2%
1995 3.38 % change on previous year -78.3%
1996 13 % change on previous year +284.0%
1997 5.38 % change on previous year -58.6%
1998 11.14 % change on previous year +107.3%
1999 4.63 % change on previous year -58.5%
2000 7.32 % change on previous year +58.2%
2001 0.2604 % change on previous year -96.4%
2002 -6.62 % change on previous year -2644.2%
2003 -16.93 % change on previous year +155.6%
2004 2.35 % change on previous year -113.9%
2005 -5.66 % change on previous year -341.0%
2006 2.27 % change on previous year -140.2%
2007 16.27 % change on previous year +615.9%
2008 3.92 % change on previous year -75.9%
2009 9.68 % change on previous year +146.9%
2010 1.54 % change on previous year -84.1%
2011 4.13 % change on previous year +167.3%
2012 3.35 % change on previous year -18.8%
2013 8.27 % change on previous year +146.8%
2014 4.19 % change on previous year -49.4%
2015 -0.7065 % change on previous year -116.9%
2016 -10.37 % change on previous year +1367.9%
2017 4.33 % change on previous year -141.8%
2018 6.89 % change on previous year +59.1%
2019 14.79 % change on previous year +114.6%
2020 10.44 % change on previous year -29.4%
2021 16.4 % change on previous year +57.0%
2022 8.11 % change on previous year -50.5%
2023 8.3 % change on previous year +2.3%

Mexico compared with similar countries

  • Mexico's 8.3 % change on previous year is above the median for upper middle income countries, which is 5.16 % change on previous year, 1.6× the median. (49 countries reporting)
  • Mexico's 8.3 % change on previous year is above the median for Latin America & Caribbean, which is 4.34 % change on previous year, 1.9× the median. (27 countries reporting)

Biggest year-on-year movements

Years where Military spending, annual growth rate in Mexico changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1846 +28256.1% -0.7673 % change on previous year 216.04 % change on previous year
1956 +6250.6% -0.2392 % change on previous year 14.71 % change on previous year
1917 +4324.6% -3.63 % change on previous year 153.14 % change on previous year
2002 -2644.2% 0.2604 % change on previous year -6.62 % change on previous year
1899 -2416.5% -0.8999 % change on previous year -22.65 % change on previous year
1865 -1714.7% 3.95 % change on previous year -63.81 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1830s 2.75 % change on previous year -5.56 % change on previous year 7.58 % change on previous year 8
1840s 26.58 % change on previous year -2.13 % change on previous year 216.04 % change on previous year 10
1850s 0.6327 % change on previous year -4.25 % change on previous year 9.6 % change on previous year 10
1860s -10.38 % change on previous year -63.81 % change on previous year 3.95 % change on previous year 10
1870s 0.5753 % change on previous year -10.81 % change on previous year 17.75 % change on previous year 10
1880s 5.11 % change on previous year -3.69 % change on previous year 20.09 % change on previous year 10
1890s -7.63 % change on previous year -22.65 % change on previous year 5.77 % change on previous year 10
1900s 6.94 % change on previous year -4.4 % change on previous year 37.71 % change on previous year 10
1910s 21.03 % change on previous year -19.83 % change on previous year 153.14 % change on previous year 10
1920s -3.91 % change on previous year -20.87 % change on previous year 20.69 % change on previous year 10
1930s -3.91 % change on previous year -18.51 % change on previous year 12.95 % change on previous year 10
1940s 4.44 % change on previous year -3.07 % change on previous year 20.77 % change on previous year 10
1950s 1.33 % change on previous year -15.22 % change on previous year 14.71 % change on previous year 10
1960s 8.22 % change on previous year 3.95 % change on previous year 17.5 % change on previous year 10
1970s 4.39 % change on previous year -9.71 % change on previous year 21.63 % change on previous year 10
1980s 1.65 % change on previous year -13.81 % change on previous year 20.21 % change on previous year 10
1990s 10.28 % change on previous year -5.57 % change on previous year 33.11 % change on previous year 10
2000s 1.29 % change on previous year -16.93 % change on previous year 16.27 % change on previous year 10
2010s 3.64 % change on previous year -10.37 % change on previous year 14.79 % change on previous year 10
2020s 10.81 % change on previous year 8.11 % change on previous year 16.4 % change on previous year 4

Countries ranked near Mexico

  1. 50 Morocco 8.46 % change on previous year compare
  2. 51 Yemen 8.41 % change on previous year compare
  3. 52 East Timor 8.41 % change on previous year compare
  4. 54 Canada 8.24 % change on previous year compare
  5. 55 Central African Republic 8.2 % change on previous year compare
  6. 56 Guyana 8.09 % change on previous year compare

See the full ranking of 172 places →

More reference data data for Mexico

All data for Mexico →

Frequently asked questions

What is military spending, annual growth rate in Mexico?
Military spending, annual growth rate in Mexico was 8.3 % change on previous year in 2023, according to Statizoid (derived).
What is the highest military spending, annual growth rate recorded in Mexico?
The highest recorded value was 216.04 % change on previous year in 1846.
What is the lowest military spending, annual growth rate recorded in Mexico?
The lowest recorded value was -63.81 % change on previous year in 1865.
How does Mexico rank for military spending, annual growth rate?
Mexico ranks 53rd out of 172 countries with data for 2023.
Is military spending, annual growth rate rising or falling in Mexico?
Over the last ten years it is up 0.4%. The long-run trend across the full record is volatile.
Where does this Mexico data come from?
The figures come from Statizoid (derived), published as part of Military spending, annual growth rate. Statizoid updates them automatically from the source API.

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Military spending, annual growth rate in Mexico. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-annual-growth-rate-2/mexico/

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How this figure is calculated

The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Military spending, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
172 places, 15,188 data points, 1817–2023
Last refreshed

The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.