Mexico: Military expenditure (% of GDP)
In , Mexico's Military expenditure (% of GDP) was 0.89.
That's up 35.3% from 2023, the highest value on record.
The global average for this indicator in 2024 was 2.20 . Mexico ranks #118 globally out of 147 reporting countries. Within Latin America & Caribbean, it ranks #14 of 20.
Source: World Bank Open Data (MS.MIL.XPND.GD.ZS) • Data as of 2024
Trend (2005–2024)
Highlights
- Peak
- 0.89
- Trough
- 0.30
- 1-year change
- +35.3%
- 5-year change
- +75.4%
- +11.9% / yr
- 10-year change
- +80.3%
- +6.1% / yr
Historical Data — Last 10 Years
| Year | Military expenditure (% of GDP) |
|---|---|
| 0.8933 | |
| 0.6604 | |
| 0.6858 | |
| 0.6594 | |
| 0.7177 | |
| 0.5093 | |
| 0.4646 | |
| 0.4248 | |
| 0.4800 | |
| 0.4507 |
About Military expenditure (% of GDP)
Military expenditure by country as percentage of gross domestic product
Indicator code: MS.MIL.XPND.GD.ZS • Category: Public Sector
Frequently asked questions
- What was Mexico's Military expenditure (% of GDP) in 2024?
- In 2024, Mexico's Military expenditure (% of GDP) was 0.89, according to World Bank Open Data.
- Is Mexico's Military expenditure (% of GDP) rising or falling?
- Mexico's Military expenditure (% of GDP) rose 35.3% from 2023 to 2024.
- How does Mexico rank globally on Military expenditure (% of GDP)?
- In 2024, Mexico ranked #118 out of 147 countries reporting Military expenditure (% of GDP).
- How does Mexico's Military expenditure (% of GDP) compare to the world average?
- The global average for Military expenditure (% of GDP) in 2024 was 2.20, so Mexico is below the world average. Within Latin America & Caribbean, it ranks #14 of 20.
- What is Military expenditure (% of GDP) and how is it measured?
- Military expenditure by country as percentage of gross domestic product
Source: World Bank Open Data (MS.MIL.XPND.GD.ZS), CC BY 4.0.