Military expenditure (current USD), gaps filled in Mexico

Mexico: Military expenditure (current USD), gaps filled was 16.73 billion current USD in 2024. ◆ Volatile

Latest (2024)
16.73 billion current USD
Change on year
up 41.4%
World rank
23rd
of 167 countries
All-time high
16.73 billion current USD
in 2024
All-time low
84.00 million current USD
in 1960
Years of data
65
1960–2024

Military expenditure (current USD), gaps filled in Mexico, 1960–2024

05.0B10.0B15.0B196019922024

Source: Statizoid (derived). Measured in current USD.

Analysis

In 2024, military expenditure (current usd), gaps filled in Mexico stood at 16.73 billion current USD. That is the highest value across all 65 years on record.

The figure is up 41.4% on the previous year and up 147.5% over ten years.

Over the whole period, military expenditure (current usd), gaps filled in Mexico peaked at 16.73 billion current USD in 2024 and was at its lowest, 84.00 million current USD, in 1960.

Mexico ranks 23rd of 167 countries on this measure, in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1960s 121.36 million current USD 84.00 million current USD 180.00 million current USD 10
1970s 399.04 million current USD 176.80 million current USD 679.66 million current USD 10
1980s 989.59 million current USD 778.56 million current USD 1.28 billion current USD 10
1990s 1.98 billion current USD 1.21 billion current USD 2.65 billion current USD 10
2000s 3.45 billion current USD 2.85 billion current USD 4.51 billion current USD 10
2010s 5.76 billion current USD 4.79 billion current USD 6.76 billion current USD 10
2020s 11.07 billion current USD 8.04 billion current USD 16.73 billion current USD 5

Countries ranked near Mexico

  1. 20 United Arab Emirates 22.76 billion current USD compare
  2. 21 Algeria 21.81 billion current USD compare
  3. 22 Brazil 20.95 billion current USD compare
  4. 24 Qatar 15.41 billion current USD compare
  5. 25 Colombia 15.10 billion current USD compare
  6. 26 Singapore 15.06 billion current USD compare

See the full ranking of 211 places →

More public sector data for Mexico

All data for Mexico →

Frequently asked questions

What is military expenditure (current usd), gaps filled in Mexico?
Military expenditure (current usd), gaps filled in Mexico was 16.73 billion current USD in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), gaps filled recorded in Mexico?
The highest recorded value was 16.73 billion current USD in 2024.
What is the lowest military expenditure (current usd), gaps filled recorded in Mexico?
The lowest recorded value was 84.00 million current USD in 1960.
How does Mexico rank for military expenditure (current usd), gaps filled?
Mexico ranks 23rd out of 167 countries with data for 2024.
Is military expenditure (current usd), gaps filled rising or falling in Mexico?
Over the last ten years it is up 147.5%. 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), gaps filled. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.

Share, cite or embed this page

Cite this page

Military expenditure (current USD), gaps filled in Mexico. Statizoid, drawing on Statizoid (derived). Retrieved 21 August 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-gaps-filled/mexico/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under Derived by Statizoid from the sources named on the page; please keep the attribution.

<a href="https://public-sector.statizoid.com/stat/military-expenditure-current-usd-gaps-filled/mexico/">Military expenditure (current USD), gaps filled in Mexico</a> — Statizoid

How this figure is calculated

Military expenditure (current USD) with 107 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.

Computed from

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

Indicator
Military expenditure (current USD), gaps filled
Unit
current USD
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,708 data points, 1960–2024
Last refreshed

Military expenditure (current USD) with 107 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.