Mexico vs Thailand: Military expenditure (current LCU)

Mexico
262.17 billion current LCU
in 2025
Thailand
196.74 billion current LCU
in 2025
Mexico rank
53rd
Thailand rank
56th

Military expenditure (current LCU) over time

  • Mexico
  • Thailand
0100.0B200.0B300.0B400.0B196019922025

How they compare

Mexico currently reports 262.17 billion current LCU against 196.74 billion current LCU in Thailand, a difference of 65.44 billion current LCU.

That makes Mexico's figure about 1.3 times Thailand's.

The two have swapped places 1 time across 66 shared years of data; in 1960 it was Thailand ahead.

Mexico ranks 53rd and Thailand ranks 56th of 168 countries.

Across the 7 decades both report, Mexico averaged higher in 1 and Thailand in 6.

Head to head by decade

Decade Mexico Thailand Difference Ahead
1960s 1.52 million current LCU 2.17 billion current LCU 2.17 billion current LCU Thailand
1970s 6.82 million current LCU 10.67 billion current LCU 10.67 billion current LCU Thailand
1980s 739.70 million current LCU 39.68 billion current LCU 38.94 billion current LCU Thailand
1990s 11.66 billion current LCU 83.21 billion current LCU 71.54 billion current LCU Thailand
2000s 37.61 billion current LCU 90.26 billion current LCU 52.65 billion current LCU Thailand
2010s 89.90 billion current LCU 187.00 billion current LCU 97.11 billion current LCU Thailand
2020s 233.47 billion current LCU 209.74 billion current LCU 23.73 billion current LCU Mexico

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, Mexico or Thailand?
Mexico, at 262.17 billion current LCU against 196.74 billion current LCU in Thailand as of 2025.
What is the difference in military expenditure between Mexico and Thailand?
65.44 billion current LCU, with Mexico ahead.
How many years of comparable data are there for Mexico and Thailand?
66 years are reported by both, from 1960 to 2025.
How do Mexico and Thailand rank globally for military expenditure?
Mexico ranks 53rd and Thailand ranks 56th of 168 countries.
Where does this data come from?
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Mexico vs Thailand: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 08 November 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-lcu/mexico/thailand/

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About this data

Indicator
Military expenditure (current LCU)
Unit
current LCU
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
168 places, 8,396 data points, 1960–2025
Last refreshed

Military expenditure in local currency at current prices (by calendar year)