Latin America & Caribbean (excluding high income) vs Mexico: Military expenditure (current USD), gaps filled

Latin America & Caribbean (excluding high income)
66.10 billion current USD
in 2024
Mexico
16.73 billion current USD
in 2024
Latin America & Caribbean (excluding high income) rank
26th
Mexico rank
23rd

Military expenditure (current USD), gaps filled over time

  • Latin America & Caribbean (excluding high income)
  • Mexico
020.0B40.0B60.0B80.0B196019922024

How they compare

Latin America & Caribbean (excluding high income) currently reports 66.10 billion current USD against 16.73 billion current USD in Mexico, a difference of 49.37 billion current USD.

That makes Latin America & Caribbean (excluding high income)'s figure about 4.0 times Mexico's.

Across all 65 years both countries report, Latin America & Caribbean (excluding high income) has been ahead every year.

Latin America & Caribbean (excluding high income) ranks 26th and Mexico ranks 23rd of 41 groups.

Latin America & Caribbean (excluding high income) has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade Latin America & Caribbean (excluding high income) Mexico Difference Ahead
1960s 1.51 billion current USD 121.36 million current USD 1.39 billion current USD Latin America & Caribbean (excluding high income)
1970s 5.85 billion current USD 399.04 million current USD 5.45 billion current USD Latin America & Caribbean (excluding high income)
1980s 11.65 billion current USD 989.59 million current USD 10.66 billion current USD Latin America & Caribbean (excluding high income)
1990s 21.48 billion current USD 1.98 billion current USD 19.51 billion current USD Latin America & Caribbean (excluding high income)
2000s 31.94 billion current USD 3.45 billion current USD 28.49 billion current USD Latin America & Caribbean (excluding high income)
2010s 61.15 billion current USD 5.76 billion current USD 55.39 billion current USD Latin America & Caribbean (excluding high income)
2020s 55.09 billion current USD 11.07 billion current USD 44.02 billion current USD Latin America & Caribbean (excluding high income)

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure (current usd), gaps filled, Latin America & Caribbean (excluding high income) or Mexico?
Latin America & Caribbean (excluding high income), at 66.10 billion current USD against 16.73 billion current USD in Mexico as of 2024.
What is the difference in military expenditure (current usd), gaps filled between Latin America & Caribbean (excluding high income) and Mexico?
49.37 billion current USD, with Latin America & Caribbean (excluding high income) ahead.
How many years of comparable data are there for Latin America & Caribbean (excluding high income) and Mexico?
65 years are reported by both, from 1960 to 2024.
How do Latin America & Caribbean (excluding high income) and Mexico rank globally for military expenditure (current usd), gaps filled?
Latin America & Caribbean (excluding high income) ranks 26th and Mexico ranks 23rd of 41 groups.
Where does this data come from?
Statizoid (derived), published as Military expenditure (current USD), gaps filled. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

Share, cite or embed this page

Cite this page

Latin America & Caribbean (excluding high income) vs Mexico: Military expenditure (current USD), gaps filled. Statizoid, drawing on Statizoid (derived). Retrieved 11 September 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd-gaps-filled/latin-america-and-caribbean-excluding-high-income/mexico/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under Derived by Statizoid from the sources named on the page; please keep the attribution.

<a href="https://public-sector.statizoid.com/compare/military-expenditure-current-usd-gaps-filled/latin-america-and-caribbean-excluding-high-income/mexico/">Latin America & Caribbean (excluding high income) vs Mexico: Military expenditure (current USD), gaps filled</a> — Statizoid

About this data

Indicator
Military expenditure (current USD), gaps filled
Unit
current USD
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,708 data points, 1960–2024
Last refreshed

Military expenditure (current USD) with 107 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.