Military spending in Mexico
Mexico: Military spending 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 in Mexico, 1949–2025
Source: Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data. Measured in constant 2024 US$.
Analysis
Mexico recorded 13.78 billion constant 2024 US$ for military spending in 2025.
That represents a change of down 33.1% on the previous year and up 88.5% over ten years.
Over the whole period, military spending in Mexico peaked at 20.59 billion constant 2024 US$ in 2024 and was at its lowest, 510.99 million constant 2024 US$, in 1949.
Mexico ranks 30th of 162 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Military spending in Mexico, year by year
| Year | constant 2024 US$ | 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$, 23.9× the median. (22 countries reporting)
Biggest year-on-year movements
Years where Military spending in Mexico changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2024 | +71.1% | 12.04 billion constant 2024 US$ | 20.59 billion constant 2024 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 27 Indonesia 15.33 billion constant 2024 US$ compare
- 28 Sweden 14.95 billion constant 2024 US$ compare
- 29 Denmark 14.08 billion constant 2024 US$ compare
- 31 Colombia 13.74 billion constant 2024 US$ compare
- 32 Belgium 13.59 billion constant 2024 US$ compare
- 33 Yemen 12.32 billion constant 2024 US$ compare
More reference data data for Mexico
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 4.11 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 16.66 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 32.65 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 1.75 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 32.65 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 13.78 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 7.36 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 84.69 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 157.18 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 9.55 (2050)
Frequently asked questions
- What is military spending in Mexico?
- Military spending in Mexico was 13.78 billion constant 2024 US$ in 2025, according to Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data.
- What is the highest military spending recorded in Mexico?
- The highest recorded value was 20.59 billion constant 2024 US$ in 2024.
- What is the lowest military spending recorded in Mexico?
- The lowest recorded value was 510.99 million constant 2024 US$ in 1949.
- How does Mexico rank for military spending?
- Mexico ranks 30th out of 162 countries with data for 2025.
- Is military spending 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 Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 77 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
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.