Military expenditure (current USD), annual growth rate in Mexico
Mexico: Military expenditure (current USD), annual growth rate was 41.44 % change on previous year in 2024. ◆ Volatile
Latest (2024)
41.44 % change on previous year
Change on year
up 136.9%
World rank
12th
of 164 countries
All-time high
58.55 % change on previous year
in 1981
All-time low
-40.7 % change on previous year
in 1995
Years of data
64
1961–2024
Military expenditure (current USD), annual growth rate in Mexico, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Mexico recorded 41.44 % change on previous year for military expenditure (current usd), annual growth rate in 2024.
Compared with earlier readings it is up 136.9% on the previous year and up 839.4% over ten years.
Over the whole period, military expenditure (current usd), annual growth rate in Mexico peaked at 58.55 % change on previous year in 1981 and was at its lowest, -40.7 % change on previous year, in 1995.
Mexico ranks 12th of 164 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Military expenditure (current USD), annual growth rate in Mexico, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 2.86 % change on previous year | — |
| 1962 | 14.81 % change on previous year | +418.5% |
| 1963 | 12.9 % change on previous year | -12.9% |
| 1964 | 7.14 % change on previous year | -44.6% |
| 1965 | -0.6667 % change on previous year | -109.3% |
| 1966 | 9.4 % change on previous year | -1509.4% |
| 1967 | 2.45 % change on previous year | -73.9% |
| 1968 | 11.38 % change on previous year | +363.6% |
| 1969 | 20.97 % change on previous year | +84.3% |
| 1970 | -1.78 % change on previous year | -108.5% |
| 1971 | 8.14 % change on previous year | -558.1% |
| 1972 | 26.78 % change on previous year | +228.8% |
| 1973 | 24.09 % change on previous year | -10.0% |
| 1974 | 35.37 % change on previous year | +46.8% |
| 1975 | 23.97 % change on previous year | -32.2% |
| 1976 | 5.3 % change on previous year | -77.9% |
| 1977 | -17.66 % change on previous year | -433.0% |
| 1978 | 18.41 % change on previous year | -204.3% |
| 1979 | 31.14 % change on previous year | +69.1% |
| 1980 | 19.24 % change on previous year | -38.2% |
| 1981 | 58.55 % change on previous year | +204.4% |
| 1982 | -33.22 % change on previous year | -156.7% |
| 1983 | -9.27 % change on previous year | -72.1% |
| 1984 | 48.47 % change on previous year | -622.7% |
| 1985 | 7.43 % change on previous year | -84.7% |
| 1986 | -34.19 % change on previous year | -560.0% |
| 1987 | -0.4778 % change on previous year | -98.6% |
| 1988 | 20.72 % change on previous year | -4436.3% |
| 1989 | 17.46 % change on previous year | -15.7% |
| 1990 | 4.98 % change on previous year | -71.5% |
| 1991 | 20.5 % change on previous year | +311.3% |
| 1992 | 25.04 % change on previous year | +22.1% |
| 1993 | 16.36 % change on previous year | -34.7% |
| 1994 | 24.13 % change on previous year | +47.5% |
| 1995 | -40.7 % change on previous year | -268.7% |
| 1996 | 20.49 % change on previous year | -150.4% |
| 1997 | 16 % change on previous year | -21.9% |
| 1998 | 3.62 % change on previous year | -77.3% |
| 1999 | 17.22 % change on previous year | +375.1% |
| 2000 | 14.27 % change on previous year | -17.1% |
| 2001 | 6.53 % change on previous year | -54.2% |
| 2002 | -1.77 % change on previous year | -127.1% |
| 2003 | -6.68 % change on previous year | +276.9% |
| 2004 | -3.58 % change on previous year | -46.3% |
| 2005 | 9.43 % change on previous year | -363.0% |
| 2006 | -2.83 % change on previous year | -130.0% |
| 2007 | 39.14 % change on previous year | -1484.1% |
| 2008 | 2.64 % change on previous year | -93.2% |
| 2009 | 4.14 % change on previous year | +56.8% |
| 2010 | 6.09 % change on previous year | +46.9% |
| 2011 | 14.81 % change on previous year | +143.3% |
| 2012 | 3.98 % change on previous year | -73.2% |
| 2013 | 13.23 % change on previous year | +232.7% |
| 2014 | 4.41 % change on previous year | -66.6% |
| 2015 | -19.08 % change on previous year | -532.6% |
| 2016 | -2.41 % change on previous year | -87.4% |
| 2017 | -5.15 % change on previous year | +113.4% |
| 2018 | 15.36 % change on previous year | -398.3% |
| 2019 | 13.89 % change on previous year | -9.5% |
| 2020 | 20.96 % change on previous year | +50.9% |
| 2021 | 7.91 % change on previous year | -62.3% |
| 2022 | 15.95 % change on previous year | +101.8% |
| 2023 | 17.49 % change on previous year | +9.7% |
| 2024 | 41.44 % change on previous year | +136.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.03 % change on previous year | -0.6667 % change on previous year | 20.97 % change on previous year | 9 |
| 1970s | 15.38 % change on previous year | -17.66 % change on previous year | 35.37 % change on previous year | 10 |
| 1980s | 9.47 % change on previous year | -34.19 % change on previous year | 58.55 % change on previous year | 10 |
| 1990s | 10.76 % change on previous year | -40.7 % change on previous year | 25.04 % change on previous year | 10 |
| 2000s | 6.13 % change on previous year | -6.68 % change on previous year | 39.14 % change on previous year | 10 |
| 2010s | 4.51 % change on previous year | -19.08 % change on previous year | 15.36 % change on previous year | 10 |
| 2020s | 20.75 % change on previous year | 7.91 % change on previous year | 41.44 % change on previous year | 5 |
Countries ranked near Mexico
- 9 Chad 49.62 % change on previous year compare
- 10 Poland 44.25 % change on previous year compare
- 11 Somalia 43.19 % change on previous year compare
- 13 Colombia 40.05 % change on previous year compare
- 14 Netherlands 39.43 % change on previous year compare
- 15 Sweden 37.53 % change on previous year compare
More public sector data for Mexico
- Arms imports 46.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.3515 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -98.76 % change on previous year (2021)
- Arms imports (SIPRI trend indicator values), gaps filled 46.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 127.82 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0091 current USD per US$ of GDP (2024)
- Military expenditure (current USD), gaps filled 16.73 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 2.06 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 6,083 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), annual growth rate in Mexico?
- Military expenditure (current usd), annual growth rate in Mexico was 41.44 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), annual growth rate recorded in Mexico?
- The highest recorded value was 58.55 % change on previous year in 1981.
- What is the lowest military expenditure (current usd), annual growth rate recorded in Mexico?
- The lowest recorded value was -40.7 % change on previous year in 1995.
- How does Mexico rank for military expenditure (current usd), annual growth rate?
- Mexico ranks 12th out of 164 countries with data for 2024.
- Is military expenditure (current usd), annual growth rate rising or falling in Mexico?
- Over the last ten years it is up 839.4%. The long-run trend across the full record is volatile.
- Where does this Mexico data come from?
- The figures come from Statizoid (derived), published as part of Military expenditure (current USD), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.