Military expenditure (current USD), per capita in Mexico

Mexico: Military expenditure (current USD), per capita was 127.82 current USD per person in 2024. ◆ Volatile

Latest (2024)
127.82 current USD per person
Change on year
up 40.2%
World rank
72nd
of 167 countries
All-time high
127.82 current USD per person
in 2024
All-time low
2.28 current USD per person
in 1961
Years of data
65
1960–2024

Military expenditure (current USD), per capita in Mexico, 1960–2024

050100150196019922024

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

Analysis

Mexico recorded 127.82 current USD per person for military expenditure (current usd), per capita in 2024. That is the highest value across all 65 years on record.

That represents a change of up 40.2% on the previous year and up 126.5% over ten years.

Over the whole period, military expenditure (current usd), per capita in Mexico peaked at 127.82 current USD per person in 2024 and was at its lowest, 2.28 current USD per person, in 1961.

Mexico ranks 72nd of 167 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 USD), per capita in Mexico, year by year

Annual values for Military expenditure (current USD), per capita in Mexico, 1960 to 2024.
Year current USD per person Change
1960 2.29 current USD per person —
1961 2.28 current USD per person -0.3%
1962 2.54 current USD per person +11.2%
1963 2.77 current USD per person +9.3%
1964 2.87 current USD per person +3.7%
1965 2.76 current USD per person -3.9%
1966 2.92 current USD per person +5.8%
1967 2.9 current USD per person -0.9%
1968 3.12 current USD per person +7.8%
1969 3.66 current USD per person +17.1%
1970 3.48 current USD per person -4.8%
1971 3.65 current USD per person +4.8%
1972 4.49 current USD per person +23.0%
1973 5.4 current USD per person +20.4%
1974 7.1 current USD per person +31.5%
1975 8.56 current USD per person +20.5%
1976 8.77 current USD per person +2.4%
1977 7.02 current USD per person -19.9%
1978 8.1 current USD per person +15.3%
1979 10.35 current USD per person +27.8%
1980 12.04 current USD per person +16.3%
1981 18.65 current USD per person +54.9%
1982 12.18 current USD per person -34.7%
1983 10.82 current USD per person -11.2%
1984 15.73 current USD per person +45.4%
1985 16.55 current USD per person +5.2%
1986 10.67 current USD per person -35.5%
1987 10.41 current USD per person -2.5%
1988 12.32 current USD per person +18.4%
1989 14.2 current USD per person +15.2%
1990 14.62 current USD per person +3.0%
1991 17.28 current USD per person +18.2%
1992 21.2 current USD per person +22.7%
1993 24.22 current USD per person +14.2%
1994 29.52 current USD per person +21.9%
1995 17.2 current USD per person -41.8%
1996 20.37 current USD per person +18.4%
1997 23.23 current USD per person +14.1%
1998 23.68 current USD per person +1.9%
1999 27.32 current USD per person +15.4%
2000 30.74 current USD per person +12.5%
2001 32.26 current USD per person +5.0%
2002 31.24 current USD per person -3.2%
2003 28.75 current USD per person -8.0%
2004 27.34 current USD per person -4.9%
2005 29.52 current USD per person +8.0%
2006 28.3 current USD per person -4.1%
2007 38.82 current USD per person +37.2%
2008 39.27 current USD per person +1.2%
2009 40.31 current USD per person +2.6%
2010 42.15 current USD per person +4.6%
2011 47.71 current USD per person +13.2%
2012 48.94 current USD per person +2.6%
2013 54.7 current USD per person +11.8%
2014 56.42 current USD per person +3.2%
2015 45.17 current USD per person -19.9%
2016 43.66 current USD per person -3.4%
2017 41.02 current USD per person -6.0%
2018 46.88 current USD per person +14.3%
2019 52.88 current USD per person +12.8%
2020 63.45 current USD per person +20.0%
2021 68.01 current USD per person +7.2%
2022 78.26 current USD per person +15.1%
2023 91.15 current USD per person +16.5%
2024 127.82 current USD per person +40.2%

Mexico compared with similar countries

  • Mexico's 127.82 current USD per person is above the median for upper middle income countries, which is 91.94 current USD per person, 1.4× the median. (48 countries reporting)
  • Mexico's 127.82 current USD per person is above the median for Latin America & Caribbean, which is 73.61 current USD per person, 1.7× the median. (24 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 2.81 current USD per person 2.28 current USD per person 3.66 current USD per person 10
1970s 6.69 current USD per person 3.48 current USD per person 10.35 current USD per person 10
1980s 13.36 current USD per person 10.41 current USD per person 18.65 current USD per person 10
1990s 21.86 current USD per person 14.62 current USD per person 29.52 current USD per person 10
2000s 32.65 current USD per person 27.34 current USD per person 40.31 current USD per person 10
2010s 47.95 current USD per person 41.02 current USD per person 56.42 current USD per person 10
2020s 85.74 current USD per person 63.45 current USD per person 127.82 current USD per person 5

Countries ranked near Mexico

  1. 69 Ecuador 148.77 current USD per person compare
  2. 70 Morocco 144.9 current USD per person compare
  3. 71 Iraq 134.19 current USD per person compare
  4. 73 Gabon 125.68 current USD per person compare
  5. 74 Malaysia 121.29 current USD per person compare
  6. 75 Namibia 119.6 current USD per person 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), per capita in Mexico?
Military expenditure (current usd), per capita in Mexico was 127.82 current USD per person in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), per capita recorded in Mexico?
The highest recorded value was 127.82 current USD per person in 2024.
What is the lowest military expenditure (current usd), per capita recorded in Mexico?
The lowest recorded value was 2.28 current USD per person in 1961.
How does Mexico rank for military expenditure (current usd), per capita?
Mexico ranks 72nd out of 167 countries with data for 2024.
Is military expenditure (current usd), per capita rising or falling in Mexico?
Over the last ten years it is up 126.5%. 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), per capita. Statizoid updates them automatically from the source API.

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Military expenditure (current USD), per capita in Mexico. Statizoid, drawing on Statizoid (derived). Retrieved 07 October 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-per-capita/mexico/

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How this figure is calculated

Military expenditure (current USD) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Military expenditure (current USD) ÷ Population, total

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), per capita
Unit
current USD per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,601 data points, 1960–2024
Last refreshed

Military expenditure (current USD) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.