High income vs Mexico: Military expenditure (current USD), annual growth rate

High income
12.96 % change on previous year
in 2024
Mexico
41.44 % change on previous year
in 2024
High income rank
11th
Mexico rank
12th

Military expenditure (current USD), annual growth rate over time

  • High income
  • Mexico
-40-200204060196119922024

How they compare

Mexico currently reports 41.44 % change on previous year against 12.96 % change on previous year in High income, a difference of 28.48 % change on previous year.

That makes Mexico's figure about 3.2 times High income's.

The two have swapped places 23 times across 64 shared years of data; in 1961 it was High income ahead.

High income ranks 11th and Mexico ranks 12th of 41 groups.

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

Head to head by decade

Decade High income Mexico Difference Ahead
1960s 6.81 % change on previous year 9.03 % change on previous year 2.22 % change on previous year Mexico
1970s 8.21 % change on previous year 15.38 % change on previous year 7.17 % change on previous year Mexico
1980s 7.88 % change on previous year 9.47 % change on previous year 1.59 % change on previous year Mexico
1990s 0.6252 % change on previous year 10.76 % change on previous year 10.14 % change on previous year Mexico
2000s 7.76 % change on previous year 6.13 % change on previous year 1.63 % change on previous year High income
2010s 0.7543 % change on previous year 4.51 % change on previous year 3.76 % change on previous year Mexico
2020s 7.64 % change on previous year 20.75 % change on previous year 13.11 % change on previous year Mexico

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure (current usd), annual growth rate, High income or Mexico?
Mexico, at 41.44 % change on previous year against 12.96 % change on previous year in High income as of 2024.
What is the difference in military expenditure (current usd), annual growth rate between High income and Mexico?
28.48 % change on previous year, with Mexico ahead.
How many years of comparable data are there for High income and Mexico?
64 years are reported by both, from 1961 to 2024.
How do High income and Mexico rank globally for military expenditure (current usd), annual growth rate?
High income ranks 11th and Mexico ranks 12th of 41 groups.
Where does this data come from?
Statizoid (derived), published as Military expenditure (current USD), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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High income vs Mexico: Military expenditure (current USD), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 01 September 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd-annual-growth-rate/high-income/mexico/

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About this data

Indicator
Military expenditure (current USD), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
208 places, 10,048 data points, 1961–2024
Last refreshed

The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.