Military spending, gaps filled in Mexico

Mexico: Military spending, gaps filled was 13.78 billion constant 2024 US$ in 2025. ◆ Volatile

Latest (2025)
13.78 billion constant 2024 US$
Change on year
down 33.1%
World rank
30th
of 162 countries
All-time high
20.59 billion constant 2024 US$
in 2024
All-time low
510.99 million constant 2024 US$
in 1949
Years of data
77
1949–2025

Military spending, gaps filled in Mexico, 1949–2025

05.0B10.0B15.0B20.0B194919872025

Source: Statizoid (derived). Measured in constant 2024 US$.

Analysis

The most recent figure for military spending, gaps filled in Mexico is 13.78 billion constant 2024 US$, measured in 2025.

The figure is down 33.1% on the previous year and up 88.5% over ten years.

Over the whole period, military spending, gaps filled in Mexico peaked at 20.59 billion constant 2024 US$ in 2024 and was at its lowest, 510.99 million constant 2024 US$, in 1949.

That places Mexico 30th out of 162 countries with data for 2025, putting it in the top quarter.

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

Military spending, gaps filled in Mexico, year by year

Annual values for Military spending, gaps filled in Mexico, 1949 to 2025.
Year constant 2024 US$ Change
1949 510.99 million constant 2024 US$
1950 568.49 million constant 2024 US$ +11.3%
1951 576.10 million constant 2024 US$ +1.3%
1952 532.81 million constant 2024 US$ -7.5%
1953 604.29 million constant 2024 US$ +13.4%
1954 761.99 million constant 2024 US$ +26.1%
1955 721.46 million constant 2024 US$ -5.3%
1956 736.68 million constant 2024 US$ +2.1%
1957 799.98 million constant 2024 US$ +8.6%
1958 743.72 million constant 2024 US$ -7.0%
1959 728.20 million constant 2024 US$ -2.1%
1960 820.61 million constant 2024 US$ +12.7%
1961 830.69 million constant 2024 US$ +1.2%
1962 942.46 million constant 2024 US$ +13.5%
1963 1.06 billion constant 2024 US$ +12.2%
1964 1.11 billion constant 2024 US$ +4.7%
1965 1.06 billion constant 2024 US$ -4.1%
1966 1.11 billion constant 2024 US$ +5.0%
1967 1.11 billion constant 2024 US$ -0.5%
1968 1.21 billion constant 2024 US$ +8.8%
1969 1.41 billion constant 2024 US$ +17.0%
1970 1.32 billion constant 2024 US$ -6.6%
1971 1.35 billion constant 2024 US$ +2.7%
1972 1.64 billion constant 2024 US$ +20.7%
1973 1.81 billion constant 2024 US$ +10.8%
1974 1.98 billion constant 2024 US$ +9.4%
1975 2.13 billion constant 2024 US$ +7.7%
1976 2.39 billion constant 2024 US$ +12.2%
1977 2.24 billion constant 2024 US$ -6.6%
1978 2.27 billion constant 2024 US$ +1.7%
1979 2.53 billion constant 2024 US$ +11.2%
1980 2.40 billion constant 2024 US$ -5.0%
1981 3.18 billion constant 2024 US$ +32.4%
1982 3.07 billion constant 2024 US$ -3.3%
1983 2.94 billion constant 2024 US$ -4.3%
1984 3.69 billion constant 2024 US$ +25.3%
1985 3.84 billion constant 2024 US$ +4.2%
1986 3.23 billion constant 2024 US$ -15.8%
1987 3.13 billion constant 2024 US$ -3.3%
1988 2.91 billion constant 2024 US$ -7.0%
1989 3.08 billion constant 2024 US$ +6.0%
1990 2.92 billion constant 2024 US$ -5.3%
1991 3.08 billion constant 2024 US$ +5.4%
1992 3.42 billion constant 2024 US$ +11.0%
1993 3.65 billion constant 2024 US$ +6.7%
1994 4.58 billion constant 2024 US$ +25.7%
1995 3.83 billion constant 2024 US$ -16.5%
1996 4.06 billion constant 2024 US$ +6.2%
1997 4.07 billion constant 2024 US$ +0.2%
1998 4.20 billion constant 2024 US$ +3.1%
1999 4.42 billion constant 2024 US$ +5.2%
2000 4.56 billion constant 2024 US$ +3.2%
2001 4.51 billion constant 2024 US$ -1.0%
2002 4.36 billion constant 2024 US$ -3.3%
2003 4.35 billion constant 2024 US$ -0.3%
2004 4.19 billion constant 2024 US$ -3.7%
2005 4.26 billion constant 2024 US$ +1.6%
2006 4.00 billion constant 2024 US$ -6.2%
2007 5.36 billion constant 2024 US$ +34.2%
2008 5.33 billion constant 2024 US$ -0.6%
2009 6.40 billion constant 2024 US$ +20.1%
2010 6.10 billion constant 2024 US$ -4.8%
2011 6.66 billion constant 2024 US$ +9.2%
2012 7.05 billion constant 2024 US$ +5.9%
2013 7.45 billion constant 2024 US$ +5.8%
2014 7.79 billion constant 2024 US$ +4.5%
2015 7.31 billion constant 2024 US$ -6.1%
2016 8.18 billion constant 2024 US$ +11.8%
2017 7.41 billion constant 2024 US$ -9.4%
2018 8.29 billion constant 2024 US$ +11.8%
2019 9.11 billion constant 2024 US$ +9.9%
2020 11.90 billion constant 2024 US$ +30.7%
2021 11.46 billion constant 2024 US$ -3.7%
2022 12.22 billion constant 2024 US$ +6.6%
2023 12.04 billion constant 2024 US$ -1.5%
2024 20.59 billion constant 2024 US$ +71.1%
2025 13.78 billion constant 2024 US$ -33.1%

Mexico compared with similar countries

  • Mexico's 13.78 billion constant 2024 US$ is above the median for upper middle income countries, which is 1.62 billion constant 2024 US$, 8.5× the median. (46 countries reporting)
  • Mexico's 13.78 billion constant 2024 US$ is above the median for Latin America & Caribbean, which is 575.75 million constant 2024 US$, 23.9× the median. (22 countries reporting)

Biggest year-on-year movements

Years where Military spending, gaps filled 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
2024 +71.1% 12.04 billion constant 2024 US$ 20.59 billion constant 2024 US$

Averages by decade

DecadeAverage LowestHighest Years
1940s 510.99 million constant 2024 US$ 510.99 million constant 2024 US$ 510.99 million constant 2024 US$ 1
1950s 677.37 million constant 2024 US$ 532.81 million constant 2024 US$ 799.98 million constant 2024 US$ 10
1960s 1.07 billion constant 2024 US$ 820.61 million constant 2024 US$ 1.41 billion constant 2024 US$ 10
1970s 1.97 billion constant 2024 US$ 1.32 billion constant 2024 US$ 2.53 billion constant 2024 US$ 10
1980s 3.15 billion constant 2024 US$ 2.40 billion constant 2024 US$ 3.84 billion constant 2024 US$ 10
1990s 3.82 billion constant 2024 US$ 2.92 billion constant 2024 US$ 4.58 billion constant 2024 US$ 10
2000s 4.73 billion constant 2024 US$ 4.00 billion constant 2024 US$ 6.40 billion constant 2024 US$ 10
2010s 7.53 billion constant 2024 US$ 6.10 billion constant 2024 US$ 9.11 billion constant 2024 US$ 10
2020s 13.67 billion constant 2024 US$ 11.46 billion constant 2024 US$ 20.59 billion constant 2024 US$ 6

Countries ranked near Mexico

  1. 27 Indonesia 15.33 billion constant 2024 US$ compare
  2. 28 Sweden 14.95 billion constant 2024 US$ compare
  3. 29 Denmark 14.08 billion constant 2024 US$ compare
  4. 31 Colombia 13.74 billion constant 2024 US$ compare
  5. 32 Belgium 13.59 billion constant 2024 US$ compare
  6. 33 Yemen 12.32 billion constant 2024 US$ compare

See the full ranking of 162 places →

More reference data data for Mexico

All data for Mexico →

Frequently asked questions

What is military spending, gaps filled in Mexico?
Military spending, gaps filled in Mexico was 13.78 billion constant 2024 US$ in 2025, according to Statizoid (derived).
What is the highest military spending, gaps filled recorded in Mexico?
The highest recorded value was 20.59 billion constant 2024 US$ in 2024.
What is the lowest military spending, gaps filled recorded in Mexico?
The lowest recorded value was 510.99 million constant 2024 US$ in 1949.
How does Mexico rank for military spending, gaps filled?
Mexico ranks 30th out of 162 countries with data for 2025.
Is military spending, gaps filled rising or falling in Mexico?
Over the last ten years it is up 88.5%. 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, gaps filled. Statizoid updates them automatically from the source API.

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

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<a href="https://reference.statizoid.com/stat/military-spending-gaps-filled/mexico/">Military spending, gaps filled in Mexico</a> — Statizoid

How this figure is calculated

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.

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, 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.