Military spending, per unit of GDP in Mexico

Mexico: Military spending, per unit of GDP was 0.0067 constant 2022 US$ per US$ of GDP in 2023. ◆ Volatile

Latest (2023)
0.0067 constant 2022 US$ per US$ of GDP
Change on year
down 11.5%
World rank
151st
of 170 countries
All-time high
0.0517 constant 2022 US$ per US$ of GDP
in 1962
All-time low
0.0042 constant 2022 US$ per US$ of GDP
in 2006
Years of data
64
1960–2023

Military spending, per unit of GDP in Mexico, 1960–2023

00.010.020.030.040.05196019912023

Source: Statizoid (derived). Measured in constant 2022 US$ per US$ of GDP.

Analysis

The most recent figure for military spending, per unit of gdp in Mexico is 0.0067 constant 2022 US$ per US$ of GDP, measured in 2023.

The figure is down 11.5% on the previous year and up 32.2% over ten years.

Over the whole period, military spending, per unit of gdp in Mexico peaked at 0.0517 constant 2022 US$ per US$ of GDP in 1962 and was at its lowest, 0.0042 constant 2022 US$ per US$ of GDP, in 2006.

Mexico ranks 151st of 170 countries on this measure, in the bottom quarter.

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

Military spending, per unit of GDP in Mexico, year by year

Annual values for Military spending, per unit of GDP in Mexico, 1960 to 2023.
Year constant 2022 US$ per US$ of GDP Change
1960 0.047 constant 2022 US$ per US$ of GDP
1961 0.0508 constant 2022 US$ per US$ of GDP +8.2%
1962 0.0517 constant 2022 US$ per US$ of GDP +1.8%
1963 0.0509 constant 2022 US$ per US$ of GDP -1.7%
1964 0.0474 constant 2022 US$ per US$ of GDP -6.8%
1965 0.046 constant 2022 US$ per US$ of GDP -2.9%
1966 0.044 constant 2022 US$ per US$ of GDP -4.4%
1967 0.0419 constant 2022 US$ per US$ of GDP -4.8%
1968 0.0397 constant 2022 US$ per US$ of GDP -5.3%
1969 0.0383 constant 2022 US$ per US$ of GDP -3.4%
1970 0.0359 constant 2022 US$ per US$ of GDP -6.4%
1971 0.0342 constant 2022 US$ per US$ of GDP -4.6%
1972 0.033 constant 2022 US$ per US$ of GDP -3.7%
1973 0.0298 constant 2022 US$ per US$ of GDP -9.4%
1974 0.0233 constant 2022 US$ per US$ of GDP -21.9%
1975 0.0232 constant 2022 US$ per US$ of GDP -0.5%
1976 0.0222 constant 2022 US$ per US$ of GDP -4.2%
1977 0.0218 constant 2022 US$ per US$ of GDP -2.0%
1978 0.0164 constant 2022 US$ per US$ of GDP -24.9%
1979 0.0137 constant 2022 US$ per US$ of GDP -16.1%
1980 0.0103 constant 2022 US$ per US$ of GDP -25.1%
1981 0.0096 constant 2022 US$ per US$ of GDP -6.3%
1982 0.0119 constant 2022 US$ per US$ of GDP +23.2%
1983 0.0127 constant 2022 US$ per US$ of GDP +7.3%
1984 0.0112 constant 2022 US$ per US$ of GDP -12.2%
1985 0.0125 constant 2022 US$ per US$ of GDP +11.8%
1986 0.016 constant 2022 US$ per US$ of GDP +28.5%
1987 0.0145 constant 2022 US$ per US$ of GDP -9.8%
1988 0.0113 constant 2022 US$ per US$ of GDP -21.7%
1989 0.0092 constant 2022 US$ per US$ of GDP -18.7%
1990 0.0074 constant 2022 US$ per US$ of GDP -20.0%
1991 0.0068 constant 2022 US$ per US$ of GDP -8.0%
1992 0.0078 constant 2022 US$ per US$ of GDP +14.8%
1993 0.006 constant 2022 US$ per US$ of GDP -23.4%
1994 0.0066 constant 2022 US$ per US$ of GDP +10.7%
1995 0.0099 constant 2022 US$ per US$ of GDP +50.6%
1996 0.0099 constant 2022 US$ per US$ of GDP -0.6%
1997 0.0086 constant 2022 US$ per US$ of GDP -13.0%
1998 0.009 constant 2022 US$ per US$ of GDP +4.4%
1999 0.0083 constant 2022 US$ per US$ of GDP -7.6%
2000 0.0076 constant 2022 US$ per US$ of GDP -8.7%
2001 0.0071 constant 2022 US$ per US$ of GDP -6.5%
2002 0.0065 constant 2022 US$ per US$ of GDP -8.3%
2003 0.0057 constant 2022 US$ per US$ of GDP -12.0%
2004 0.0054 constant 2022 US$ per US$ of GDP -4.4%
2005 0.0046 constant 2022 US$ per US$ of GDP -15.7%
2006 0.0042 constant 2022 US$ per US$ of GDP -8.0%
2007 0.0045 constant 2022 US$ per US$ of GDP +7.6%
2008 0.0045 constant 2022 US$ per US$ of GDP -1.4%
2009 0.006 constant 2022 US$ per US$ of GDP +35.0%
2010 0.0052 constant 2022 US$ per US$ of GDP -13.3%
2011 0.0049 constant 2022 US$ per US$ of GDP -6.3%
2012 0.005 constant 2022 US$ per US$ of GDP +1.2%
2013 0.0051 constant 2022 US$ per US$ of GDP +2.4%
2014 0.0052 constant 2022 US$ per US$ of GDP +1.4%
2015 0.0058 constant 2022 US$ per US$ of GDP +11.7%
2016 0.0056 constant 2022 US$ per US$ of GDP -2.2%
2017 0.0055 constant 2022 US$ per US$ of GDP -2.5%
2018 0.0056 constant 2022 US$ per US$ of GDP +1.3%
2019 0.0061 constant 2022 US$ per US$ of GDP +10.6%
2020 0.0079 constant 2022 US$ per US$ of GDP +28.5%
2021 0.0078 constant 2022 US$ per US$ of GDP -0.9%
2022 0.0076 constant 2022 US$ per US$ of GDP -3.0%
2023 0.0067 constant 2022 US$ per US$ of GDP -11.5%

Mexico compared with similar countries

  • Mexico's 0.0067 constant 2022 US$ per US$ of GDP is below the median for upper middle income countries, which is 0.0152 constant 2022 US$ per US$ of GDP, 44% of the median. (49 countries reporting)
  • Mexico's 0.0067 constant 2022 US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.0114 constant 2022 US$ per US$ of GDP, 59% of the median. (27 countries reporting)

Biggest year-on-year movements

Years where Military spending, per unit of GDP 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
1995 +50.6% 0.0066 constant 2022 US$ per US$ of GDP 0.0099 constant 2022 US$ per US$ of GDP

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.0458 constant 2022 US$ per US$ of GDP 0.0383 constant 2022 US$ per US$ of GDP 0.0517 constant 2022 US$ per US$ of GDP 10
1970s 0.0253 constant 2022 US$ per US$ of GDP 0.0137 constant 2022 US$ per US$ of GDP 0.0359 constant 2022 US$ per US$ of GDP 10
1980s 0.0119 constant 2022 US$ per US$ of GDP 0.0092 constant 2022 US$ per US$ of GDP 0.016 constant 2022 US$ per US$ of GDP 10
1990s 0.008 constant 2022 US$ per US$ of GDP 0.006 constant 2022 US$ per US$ of GDP 0.0099 constant 2022 US$ per US$ of GDP 10
2000s 0.0056 constant 2022 US$ per US$ of GDP 0.0042 constant 2022 US$ per US$ of GDP 0.0076 constant 2022 US$ per US$ of GDP 10
2010s 0.0054 constant 2022 US$ per US$ of GDP 0.0049 constant 2022 US$ per US$ of GDP 0.0061 constant 2022 US$ per US$ of GDP 10
2020s 0.0075 constant 2022 US$ per US$ of GDP 0.0067 constant 2022 US$ per US$ of GDP 0.0079 constant 2022 US$ per US$ of GDP 4

Countries ranked near Mexico

  1. 148 Benin 0.0072 constant 2022 US$ per US$ of GDP compare
  2. 149 Costa Rica 0.0069 constant 2022 US$ per US$ of GDP compare
  3. 150 Argentina 0.0069 constant 2022 US$ per US$ of GDP compare
  4. 152 Guyana 0.0063 constant 2022 US$ per US$ of GDP compare
  5. 153 Kazakhstan 0.0063 constant 2022 US$ per US$ of GDP compare
  6. 154 Nicaragua 0.0062 constant 2022 US$ per US$ of GDP compare

See the full ranking of 170 places →

More reference data data for Mexico

All data for Mexico →

Frequently asked questions

What is military spending, per unit of gdp in Mexico?
Military spending, per unit of gdp in Mexico was 0.0067 constant 2022 US$ per US$ of GDP in 2023, according to Statizoid (derived).
What is the highest military spending, per unit of gdp recorded in Mexico?
The highest recorded value was 0.0517 constant 2022 US$ per US$ of GDP in 1962.
What is the lowest military spending, per unit of gdp recorded in Mexico?
The lowest recorded value was 0.0042 constant 2022 US$ per US$ of GDP in 2006.
How does Mexico rank for military spending, per unit of gdp?
Mexico ranks 151st out of 170 countries with data for 2023.
Is military spending, per unit of gdp rising or falling in Mexico?
Over the last ten years it is up 32.2%. 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, per unit of GDP. Statizoid updates them automatically from the source API.

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Military spending, per unit of GDP in Mexico. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-per-unit-of-gdp-2/mexico/

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How this figure is calculated

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Military spending ÷ GDP (current US$)

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, per unit of GDP
Unit
constant 2022 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
170 places, 9,064 data points, 1960–2023
Last refreshed

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.