Military expenditure (current LCU) in Mexico

Mexico: Military expenditure (current LCU) was 262.17 billion current LCU in 2025. ◆ Volatile

Latest (2025)
262.17 billion current LCU
Change on year
down 30.5%
World rank
53rd
of 168 countries
All-time high
376.99 billion current LCU
in 2024
All-time low
1.05 million current LCU
in 1960
Years of data
66
1960–2025

Military expenditure in Mexico, 1960–2025

0100.0B200.0B300.0B400.0B196019922025

Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.

Analysis

Mexico recorded 262.17 billion current LCU for military expenditure in 2025.

The figure is down 30.5% on the previous year and up 202.5% over ten years.

Over the whole period, military expenditure in Mexico peaked at 376.99 billion current LCU in 2024 and was at its lowest, 1.05 million current LCU, in 1960.

Mexico ranks 53rd of 168 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Military expenditure (current LCU) in Mexico, year by year

Annual values for Military expenditure (current LCU) in Mexico, 1960 to 2025.
Year current LCU Change
1960 1.05 million current LCU —
1961 1.08 million current LCU +2.9%
1962 1.24 million current LCU +14.8%
1963 1.40 million current LCU +12.9%
1964 1.50 million current LCU +7.1%
1965 1.49 million current LCU -0.7%
1966 1.63 million current LCU +9.4%
1967 1.67 million current LCU +2.5%
1968 1.86 million current LCU +11.4%
1969 2.25 million current LCU +21.0%
1970 2.21 million current LCU -1.8%
1971 2.39 million current LCU +8.1%
1972 3.03 million current LCU +26.8%
1973 3.76 million current LCU +24.1%
1974 5.09 million current LCU +35.4%
1975 6.31 million current LCU +24.0%
1976 8.20 million current LCU +30.0%
1977 9.88 million current LCU +20.5%
1978 11.80 million current LCU +19.4%
1979 15.50 million current LCU +31.4%
1980 18.60 million current LCU +20.0%
1981 31.50 million current LCU +69.4%
1982 48.40 million current LCU +53.7%
1983 93.50 million current LCU +93.2%
1984 194.00 million current LCU +107.5%
1985 319.00 million current LCU +64.4%
1986 500.00 million current LCU +56.7%
1987 1.12 billion current LCU +124.2%
1988 2.23 billion current LCU +99.1%
1989 2.84 billion current LCU +27.2%
1990 3.41 billion current LCU +20.0%
1991 4.40 billion current LCU +29.3%
1992 5.65 billion current LCU +28.2%
1993 6.61 billion current LCU +17.1%
1994 8.89 billion current LCU +34.5%
1995 10.03 billion current LCU +12.8%
1996 14.31 billion current LCU +42.6%
1997 17.29 billion current LCU +20.9%
1998 20.68 billion current LCU +19.6%
1999 25.36 billion current LCU +22.7%
2000 28.66 billion current LCU +13.0%
2001 30.17 billion current LCU +5.3%
2002 30.63 billion current LCU +1.5%
2003 31.94 billion current LCU +4.3%
2004 32.21 billion current LCU +0.9%
2005 34.04 billion current LCU +5.7%
2006 33.08 billion current LCU -2.8%
2007 46.15 billion current LCU +39.5%
2008 48.24 billion current LCU +4.5%
2009 61.00 billion current LCU +26.4%
2010 60.51 billion current LCU -0.8%
2011 68.31 billion current LCU +12.9%
2012 75.29 billion current LCU +10.2%
2013 82.67 billion current LCU +9.8%
2014 89.84 billion current LCU +8.7%
2015 86.67 billion current LCU -3.5%
2016 99.65 billion current LCU +15.0%
2017 95.74 billion current LCU -3.9%
2018 112.33 billion current LCU +17.3%
2019 127.95 billion current LCU +13.9%
2020 172.87 billion current LCU +35.1%
2021 176.00 billion current LCU +1.8%
2022 202.43 billion current LCU +15.0%
2023 210.37 billion current LCU +3.9%
2024 376.99 billion current LCU +79.2%
2025 262.17 billion current LCU -30.5%

Mexico compared with similar countries

  • Mexico's 262.17 billion current LCU is above the median for upper middle income countries, which is 55.44 billion current LCU, 4.7× the median. (48 countries reporting)
  • Mexico's 262.17 billion current LCU is above the median for Latin America & Caribbean, which is 12.18 billion current LCU, 21.5× the median. (24 countries reporting)

Biggest year-on-year movements

Years where Military expenditure (current LCU) in Mexico changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1987 +124.2% 500.00 million current LCU 1.12 billion current LCU

Averages by decade

DecadeAverage LowestHighest Years
1960s 1.52 million current LCU 1.05 million current LCU 2.25 million current LCU 10
1970s 6.82 million current LCU 2.21 million current LCU 15.50 million current LCU 10
1980s 739.70 million current LCU 18.60 million current LCU 2.84 billion current LCU 10
1990s 11.66 billion current LCU 3.41 billion current LCU 25.36 billion current LCU 10
2000s 37.61 billion current LCU 28.66 billion current LCU 61.00 billion current LCU 10
2010s 89.90 billion current LCU 60.51 billion current LCU 127.95 billion current LCU 10
2020s 233.47 billion current LCU 172.87 billion current LCU 376.99 billion current LCU 6

Countries ranked near Mexico

  1. 50 Niger 284.28 billion current LCU compare
  2. 51 Malawi 282.40 billion current LCU compare
  3. 52 Rwanda 273.65 billion current LCU compare
  4. 54 North Korea 216.60 billion current LCU compare
  5. 55 Gabon 207.07 billion current LCU compare
  6. 56 Thailand 196.74 billion current LCU compare

See the full ranking of 168 places →

More public sector data for Mexico

All data for Mexico →

Frequently asked questions

What is military expenditure in Mexico?
Military expenditure in Mexico was 262.17 billion current LCU in 2025, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
What is the highest military expenditure recorded in Mexico?
The highest recorded value was 376.99 billion current LCU in 2024.
What is the lowest military expenditure recorded in Mexico?
The lowest recorded value was 1.05 million current LCU in 1960.
How does Mexico rank for military expenditure?
Mexico ranks 53rd out of 168 countries with data for 2025.
Is military expenditure rising or falling in Mexico?
Over the last ten years it is up 202.5%. The long-run trend across the full record is volatile.
Where does this Mexico data come from?
The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current LCU). Statizoid updates them automatically from the source API.

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Military expenditure in Mexico. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 07 November 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-lcu/mexico/

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About this data

Indicator
Military expenditure (current LCU)
Unit
current LCU
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
168 places, 8,396 data points, 1960–2025
Last refreshed

Military expenditure in local currency at current prices (by calendar year)