Latin America & Caribbean (excluding high income) vs Mexico: Military expenditure (current USD)
Latin America & Caribbean (excluding high income)
65.63 billion current USD
in 2025
Mexico
13.65 billion current USD
in 2025
Latin America & Caribbean (excluding high income) rank
29th
Mexico rank
31st
Military expenditure (current USD) over time
- Latin America & Caribbean (excluding high income)
- Mexico
How they compare
Latin America & Caribbean (excluding high income) currently reports 65.63 billion current USD against 13.65 billion current USD in Mexico, a difference of 51.99 billion current USD.
That makes Latin America & Caribbean (excluding high income)'s figure about 4.8 times Mexico's.
Across all 66 years both countries report, Latin America & Caribbean (excluding high income) has been ahead every year.
Latin America & Caribbean (excluding high income) ranks 29th and Mexico ranks 31st of 44 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 | 61.08 billion current USD | 5.76 billion current USD | 55.32 billion current USD | Latin America & Caribbean (excluding high income) |
| 2020s | 57.32 billion current USD | 12.15 billion current USD | 45.17 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, Latin America & Caribbean (excluding high income) or Mexico?
- Latin America & Caribbean (excluding high income), at 65.63 billion current USD against 13.65 billion current USD in Mexico as of 2025.
- What is the difference in military expenditure between Latin America & Caribbean (excluding high income) and Mexico?
- 51.99 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?
- 66 years are reported by both, from 1960 to 2025.
- How do Latin America & Caribbean (excluding high income) and Mexico rank globally for military expenditure?
- Latin America & Caribbean (excluding high income) ranks 29th and Mexico ranks 31st of 44 groups.
- Where does this data come from?
- SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (current USD). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Military spending USD, in current prices (converted at the exchange rate for the given year)