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
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% |
Mexico compared with similar countries
- Mexico's 41.44 % change on previous year is above the median for upper middle income countries, which is 8.92 % change on previous year, 4.6× the median. (48 countries reporting)
- Mexico's 41.44 % change on previous year is above the median for Latin America & Caribbean, which is 3.65 % change on previous year, 11.3× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Military expenditure (current USD), annual growth rate 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.
| Year | Change | From | To |
|---|---|---|---|
| 1988 | +4436.3% | -0.4778 % change on previous year | 20.72 % change on previous year |
| 1966 | +1509.4% | -0.6667 % change on previous year | 9.4 % change on previous year |
| 2007 | +1484.1% | -2.83 % change on previous year | 39.14 % change on previous year |
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
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 6 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
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.