Lower middle income vs Mexico: Military expenditure
Lower middle income
127.03 billion current USD
in 2024
Mexico
16.73 billion current USD
in 2024
Lower middle income rank
20th
Mexico rank
23rd
Military expenditure over time
- Lower middle income
- Mexico
How they compare
Lower middle income currently reports 127.03 billion current USD against 16.73 billion current USD in Mexico, a difference of 110.30 billion current USD.
That makes Lower middle income's figure about 7.6 times Mexico's.
Across all 65 years both countries report, Lower middle income has been ahead every year.
Lower middle income ranks 20th and Mexico ranks 23rd of 42 groups.
Lower middle income has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Lower middle income | Mexico | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 2.97 billion current USD | 121.36 million current USD | 2.85 billion current USD | Lower middle income |
| 1970s | 9.84 billion current USD | 399.04 million current USD | 9.44 billion current USD | Lower middle income |
| 1980s | 20.70 billion current USD | 989.59 million current USD | 19.71 billion current USD | Lower middle income |
| 1990s | 25.88 billion current USD | 1.98 billion current USD | 23.90 billion current USD | Lower middle income |
| 2000s | 53.76 billion current USD | 3.45 billion current USD | 50.31 billion current USD | Lower middle income |
| 2010s | 94.39 billion current USD | 5.76 billion current USD | 88.63 billion current USD | Lower middle income |
| 2020s | 120.95 billion current USD | 11.07 billion current USD | 109.88 billion current USD | Lower middle income |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military expenditure, Lower middle income or Mexico?
- Lower middle income, at 127.03 billion current USD against 16.73 billion current USD in Mexico as of 2024.
- What is the difference in military expenditure between Lower middle income and Mexico?
- 110.30 billion current USD, with Lower middle income ahead.
- How many years of comparable data are there for Lower middle income and Mexico?
- 65 years are reported by both, from 1960 to 2024.
- How do Lower middle income and Mexico rank globally for military expenditure?
- Lower middle income ranks 20th and Mexico ranks 23rd of 42 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)