Latin America & Caribbean (excluding high income) vs Mexico: Military expenditure (current USD), annual growth rate
Military expenditure (current USD), annual growth rate over time
- Latin America & Caribbean (excluding high income)
- Mexico
How they compare
Mexico currently reports 41.44 % change on previous year against 12.04 % change on previous year in Latin America & Caribbean (excluding high income), a difference of 29.4 % change on previous year.
That makes Mexico's figure about 3.4 times Latin America & Caribbean (excluding high income)'s.
The two have swapped places 28 times across 64 shared years of data; in 1961 it was Mexico ahead.
Latin America & Caribbean (excluding high income) ranks 15th and Mexico ranks 12th of 41 groups.
Across the 7 decades both report, Latin America & Caribbean (excluding high income) averaged higher in 3 and Mexico in 4.
Head to head by decade
| Decade | Latin America & Caribbean (excluding high income) | Mexico | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 11.53 % change on previous year | 9.03 % change on previous year | 2.51 % change on previous year | Latin America & Caribbean (excluding high income) |
| 1970s | 18.57 % change on previous year | 15.38 % change on previous year | 3.2 % change on previous year | Latin America & Caribbean (excluding high income) |
| 1980s | 3.9 % change on previous year | 9.47 % change on previous year | 5.58 % change on previous year | Mexico |
| 1990s | 5.02 % change on previous year | 10.76 % change on previous year | 5.75 % change on previous year | Mexico |
| 2000s | 9.47 % change on previous year | 6.13 % change on previous year | 3.34 % change on previous year | Latin America & Caribbean (excluding high income) |
| 2010s | 1.13 % change on previous year | 4.51 % change on previous year | 3.38 % change on previous year | Mexico |
| 2020s | 4.5 % change on previous year | 20.75 % change on previous year | 16.24 % 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, Latin America & Caribbean (excluding high income) or Mexico?
- Mexico, at 41.44 % change on previous year against 12.04 % change on previous year in Latin America & Caribbean (excluding high income) as of 2024.
- What is the difference in military expenditure (current usd), annual growth rate between Latin America & Caribbean (excluding high income) and Mexico?
- 29.4 % change on previous year, with Mexico ahead.
- How many years of comparable data are there for Latin America & Caribbean (excluding high income) and Mexico?
- 64 years are reported by both, from 1961 to 2024.
- How do Latin America & Caribbean (excluding high income) and Mexico rank globally for military expenditure (current usd), annual growth rate?
- Latin America & Caribbean (excluding high income) ranks 15th 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.
Individual pages
About this data
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.