Mexico vs Peru: Military expenditure (current USD), per unit of GDP

Mexico
0.0091 current USD per US$ of GDP
in 2024
Peru
0.0088 current USD per US$ of GDP
in 2024
Mexico rank
127th
Peru rank
130th

Military expenditure (current USD), per unit of GDP over time

  • Mexico
  • Peru
00.020.040.060.08196019922024

How they compare

Mexico currently reports 0.0091 current USD per US$ of GDP against 0.0088 current USD per US$ of GDP in Peru, a difference of 0.0003 current USD per US$ of GDP.

The two have swapped places 1 time across 65 shared years of data; in 1960 it was Peru ahead.

Mexico ranks 127th and Peru ranks 130th of 166 countries.

Peru has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade Mexico Peru Difference Ahead
1960s 0.0058 current USD per US$ of GDP 0.0244 current USD per US$ of GDP 0.0186 current USD per US$ of GDP Peru
1970s 0.0053 current USD per US$ of GDP 0.0402 current USD per US$ of GDP 0.0349 current USD per US$ of GDP Peru
1980s 0.0053 current USD per US$ of GDP 0.0457 current USD per US$ of GDP 0.0404 current USD per US$ of GDP Peru
1990s 0.0044 current USD per US$ of GDP 0.024 current USD per US$ of GDP 0.0196 current USD per US$ of GDP Peru
2000s 0.0038 current USD per US$ of GDP 0.0151 current USD per US$ of GDP 0.0112 current USD per US$ of GDP Peru
2010s 0.0046 current USD per US$ of GDP 0.0143 current USD per US$ of GDP 0.0097 current USD per US$ of GDP Peru
2020s 0.0073 current USD per US$ of GDP 0.0115 current USD per US$ of GDP 0.0042 current USD per US$ of GDP Peru

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure (current usd), per unit of gdp, Mexico or Peru?
Mexico, at 0.0091 current USD per US$ of GDP against 0.0088 current USD per US$ of GDP in Peru as of 2024.
What is the difference in military expenditure (current usd), per unit of gdp between Mexico and Peru?
0.0003 current USD per US$ of GDP, with Mexico ahead.
How many years of comparable data are there for Mexico and Peru?
65 years are reported by both, from 1960 to 2024.
How do Mexico and Peru rank globally for military expenditure (current usd), per unit of gdp?
Mexico ranks 127th and Peru ranks 130th of 166 countries.
Where does this data come from?
Statizoid (derived), published as Military expenditure (current USD), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Mexico vs Peru: Military expenditure (current USD), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 29 August 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd-per-unit-of-gdp/mexico/peru/

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About this data

Indicator
Military expenditure (current USD), per unit of GDP
Unit
current USD per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
210 places, 10,381 data points, 1960–2024
Last refreshed

Military expenditure (current USD) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.