Military spending gmsd in Mexico

Mexico: Military spending gmsd was 12.06 billion in 2023. ◆ Volatile

Latest (2023)
12.06 billion
Change on year
up 8.3%
World rank
28th
of 172 countries
All-time high
12.06 billion
in 2023
All-time low
124.59 million
in 1831
Years of data
193
1831–2023

Military spending gmsd in Mexico, 1831–2023

02.5B5.0B7.5B10.0B12.5B183119272023

Source: Our World in Data.

Analysis

In 2023, military spending gmsd in Mexico stood at 12.06 billion. That is the highest value across all 193 years on record.

That represents a change of up 8.3% on the previous year and up 78.7% over ten years.

Over the whole period, military spending gmsd in Mexico peaked at 12.06 billion in 2023 and was at its lowest, 124.59 million, in 1831.

That places Mexico 28th out of 172 countries with data for 2023, putting it in the top quarter.

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

Military spending gmsd in Mexico, year by year

Annual values for Military spending gmsd in Mexico, 1831 to 2023.
Year Value Change
1831 124.59 million —
1832 132.38 million +6.3%
1833 137.48 million +3.9%
1834 139.74 million +1.6%
1835 137.56 million -1.6%
1836 129.91 million -5.6%
1837 138.85 million +6.9%
1838 149.38 million +7.6%
1839 153.76 million +2.9%
1840 175.50 million +14.1%
1841 185.65 million +5.8%
1842 204.89 million +10.4%
1843 218.95 million +6.9%
1844 229.51 million +4.8%
1845 227.75 million -0.8%
1846 719.77 million +216.0%
1847 704.46 million -2.1%
1848 776.66 million +10.2%
1849 780.33 million +0.5%
1850 748.59 million -4.1%
1851 737.70 million -1.5%
1852 808.50 million +9.6%
1853 787.50 million -2.6%
1854 757.44 million -3.8%
1855 800.30 million +5.7%
1856 766.32 million -4.2%
1857 745.01 million -2.8%
1858 794.65 million +6.7%
1859 821.44 million +3.4%
1860 791.66 million -3.6%
1861 705.10 million -10.9%
1862 662.27 million -6.1%
1863 583.41 million -11.9%
1864 606.47 million +4.0%
1865 219.48 million -63.8%
1866 223.74 million +1.9%
1867 209.85 million -6.2%
1868 204.14 million -2.7%
1869 195.09 million -4.4%
1870 175.36 million -10.1%
1871 188.56 million +7.5%
1872 198.07 million +5.0%
1873 233.22 million +17.7%
1874 224.25 million -3.8%
1875 250.29 million +11.6%
1876 223.22 million -10.8%
1877 210.56 million -5.7%
1878 207.95 million -1.2%
1879 198.62 million -4.5%
1880 191.29 million -3.7%
1881 189.07 million -1.2%
1882 194.05 million +2.6%
1883 205.79 million +6.0%
1884 220.53 million +7.2%
1885 223.72 million +1.4%
1886 268.66 million +20.1%
1887 265.75 million -1.1%
1888 293.03 million +10.3%
1889 320.39 million +9.3%
1890 338.27 million +5.6%
1891 302.72 million -10.5%
1892 320.18 million +5.8%
1893 284.40 million -11.2%
1894 268.44 million -5.6%
1895 247.33 million -7.9%
1896 193.87 million -21.6%
1897 179.58 million -7.4%
1898 177.96 million -0.9%
1899 137.66 million -22.6%
1900 189.58 million +37.7%
1901 181.24 million -4.4%
1902 193.13 million +6.6%
1903 190.21 million -1.5%
1904 203.31 million +6.9%
1905 207.20 million +1.9%
1906 212.01 million +2.3%
1907 217.51 million +2.6%
1908 231.56 million +6.5%
1909 256.75 million +10.9%
1910 231.89 million -9.7%
1911 245.27 million +5.8%
1912 323.80 million +32.0%
1913 536.83 million +65.8%
1914 430.38 million -19.8%
1915 461.57 million +7.2%
1916 444.84 million -3.6%
1917 1.13 billion +153.1%
1918 937.43 million -16.8%
1919 901.74 million -3.8%
1920 725.21 million -19.6%
1921 875.25 million +20.7%
1922 885.24 million +1.1%
1923 744.61 million -15.9%
1924 589.23 million -20.9%
1925 649.74 million +10.3%
1926 573.46 million -11.7%
1927 554.45 million -3.3%
1928 636.60 million +14.8%
1929 543.67 million -14.6%
1930 482.16 million -11.3%
1931 431.51 million -10.5%
1932 351.66 million -18.5%
1933 301.95 million -14.1%
1934 336.98 million +11.6%
1935 318.14 million -5.6%
1936 335.29 million +5.4%
1937 329.95 million -1.6%
1938 372.69 million +13.0%
1939 345.17 million -7.4%
1940 368.37 million +6.7%
1941 382.95 million +4.0%
1942 385.53 million +0.7%
1943 404.48 million +4.9%
1944 453.40 million +12.1%
1945 547.58 million +20.8%
1946 553.72 million +1.1%
1947 536.73 million -3.1%
1948 531.56 million -1.0%
1949 522.10 million -1.8%
1950 442.65 million -15.2%
1951 429.82 million -2.9%
1952 490.98 million +14.2%
1953 485.05 million -1.2%
1954 448.96 million -7.4%
1955 447.89 million -0.2%
1956 513.79 million +14.7%
1957 581.57 million +13.2%
1958 618.55 million +6.4%
1959 568.11 million -8.2%
1960 612.42 million +7.8%
1961 719.62 million +17.5%
1962 786.26 million +9.3%
1963 862.69 million +9.7%
1964 951.85 million +10.3%
1965 1.01 billion +5.6%
1966 1.07 billion +6.5%
1967 1.11 billion +4.0%
1968 1.16 billion +4.7%
1969 1.24 billion +6.9%
1970 1.27 billion +2.4%
1971 1.34 billion +5.3%
1972 1.49 billion +11.0%
1973 1.65 billion +10.7%
1974 1.68 billion +1.8%
1975 2.04 billion +21.6%
1976 1.97 billion -3.3%
1977 1.78 billion -9.7%
1978 1.68 billion -5.8%
1979 1.85 billion +9.9%
1980 2.11 billion +14.4%
1981 2.54 billion +20.2%
1982 2.19 billion -13.8%
1983 1.99 billion -9.2%
1984 2.06 billion +3.5%
1985 2.44 billion +18.5%
1986 2.16 billion -11.4%
1987 2.13 billion -1.1%
1988 2.06 billion -3.7%
1989 2.04 billion -0.9%
1990 1.92 billion -5.6%
1991 2.12 billion +10.2%
1992 2.82 billion +33.1%
1993 3.16 billion +11.9%
1994 3.65 billion +15.6%
1995 3.77 billion +3.4%
1996 4.26 billion +13.0%
1997 4.49 billion +5.4%
1998 4.99 billion +11.1%
1999 5.23 billion +4.6%
2000 5.61 billion +7.3%
2001 5.62 billion +0.3%
2002 5.25 billion -6.6%
2003 4.36 billion -16.9%
2004 4.46 billion +2.3%
2005 4.21 billion -5.7%
2006 4.31 billion +2.3%
2007 5.01 billion +16.3%
2008 5.20 billion +3.9%
2009 5.71 billion +9.7%
2010 5.80 billion +1.5%
2011 6.03 billion +4.1%
2012 6.24 billion +3.4%
2013 6.75 billion +8.3%
2014 7.04 billion +4.2%
2015 6.99 billion -0.7%
2016 6.26 billion -10.4%
2017 6.53 billion +4.3%
2018 6.98 billion +6.9%
2019 8.01 billion +14.8%
2020 8.85 billion +10.4%
2021 10.30 billion +16.4%
2022 11.14 billion +8.1%
2023 12.06 billion +8.3%

Mexico compared with similar countries

  • Mexico's 12.06 billion is above the median for upper middle income countries, which is 1.25 billion, 9.6× the median. (49 countries reporting)
  • Mexico's 12.06 billion is above the median for Latin America & Caribbean, which is 509.92 million, 23.7× the median. (27 countries reporting)

Biggest year-on-year movements

Years where Military spending gmsd 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 +216.0% 227.75 million 719.77 million
1917 +153.1% 444.84 million 1.13 billion
1865 -63.8% 606.47 million 219.48 million
1913 +65.8% 323.80 million 536.83 million

Averages by decade

DecadeAverage LowestHighest Years
1830s 138.18 million 124.59 million 153.76 million 9
1840s 422.35 million 175.50 million 780.33 million 10
1850s 776.74 million 737.70 million 821.44 million 10
1860s 440.12 million 195.09 million 791.66 million 10
1870s 211.01 million 175.36 million 250.29 million 10
1880s 237.23 million 189.07 million 320.39 million 10
1890s 245.04 million 137.66 million 338.27 million 10
1900s 208.25 million 181.24 million 256.75 million 10
1910s 563.98 million 231.89 million 1.13 billion 10
1920s 677.74 million 543.67 million 885.24 million 10
1930s 360.55 million 301.95 million 482.16 million 10
1940s 468.64 million 368.37 million 553.72 million 10
1950s 502.74 million 429.82 million 618.55 million 10
1960s 953.09 million 612.42 million 1.24 billion 10
1970s 1.68 billion 1.27 billion 2.04 billion 10
1980s 2.17 billion 1.99 billion 2.54 billion 10
1990s 3.64 billion 1.92 billion 5.23 billion 10
2000s 4.97 billion 4.21 billion 5.71 billion 10
2010s 6.66 billion 5.80 billion 8.01 billion 10
2020s 10.59 billion 8.85 billion 12.06 billion 4

Countries ranked near Mexico

  1. 25 Qatar 14.38 billion compare
  2. 26 Pakistan 12.37 billion compare
  3. 27 Colombia 12.36 billion compare
  4. 29 Indonesia 11.67 billion compare
  5. 30 Norway 10.47 billion compare
  6. 31 Iran 10.44 billion 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 gmsd in Mexico?
Military spending gmsd in Mexico was 12.06 billion in 2023, according to Our World in Data.
What is the highest military spending gmsd recorded in Mexico?
The highest recorded value was 12.06 billion in 2023.
What is the lowest military spending gmsd recorded in Mexico?
The lowest recorded value was 124.59 million in 1831.
How does Mexico rank for military spending gmsd?
Mexico ranks 28th out of 172 countries with data for 2023.
Is military spending gmsd rising or falling in Mexico?
Over the last ten years it is up 78.7%. The long-run trend across the full record is volatile.
Where does this Mexico data come from?
The figures come from Our World in Data, published as part of Military spending gmsd. Statizoid updates them automatically from the source API.

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Military spending gmsd in Mexico. Statizoid, drawing on Our World in Data. Retrieved 13 November 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/mexico/

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About this data

Indicator
Military spending gmsd
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed