Mexico Military Spending/Defense Budget 1960-2024

Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country).
  • Mexico military spending/defense budget for 2021 was $8.68B, a 7.91% increase from 2020.
  • Mexico military spending/defense budget for 2020 was $8.04B, a 20.96% increase from 2019.
  • Mexico military spending/defense budget for 2019 was $6.65B, a 13.89% increase from 2018.
  • Mexico military spending/defense budget for 2018 was $5.84B, a 15.36% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
China $293.35B
Russia $65.91B
Iran $24.59B
Brazil $19.19B
Turkey $15.48B
Colombia $10.18B
Algeria $9.11B
Mexico $8.68B
Thailand $6.60B
Romania $5.56B
Iraq $4.73B
Malaysia $3.83B
South Africa $3.27B
Azerbaijan $2.70B
Ecuador $2.42B
Peru $2.36B
Jordan $2.18B
Kazakhstan $1.62B
Serbia $1.27B
Bulgaria $1.22B
Belarus $0.76B
Armenia $0.62B
Dominican Republic $0.58B
Botswana $0.52B
Namibia $0.40B
Paraguay $0.37B
Guatemala $0.34B
Gabon $0.31B
Albania $0.24B
North Macedonia $0.21B
Jamaica $0.21B
Bosnia $0.19B
Equatorial Guinea $0.17B
Montenegro $0.10B
Guyana $0.07B
Fiji $0.07B
Belize $0.02B
Mauritius $0.02B
Costa Rica $0.00B
Mexico Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2021 $8.68B 0.68%
2020 $8.04B 0.75%
2019 $6.65B 0.52%
2018 $5.84B 0.48%
2017 $5.06B 0.44%
2016 $5.34B 0.50%
2015 $5.47B 0.47%
2014 $6.76B 0.51%
2013 $6.47B 0.51%
2012 $5.72B 0.48%
2011 $5.50B 0.47%
2010 $4.79B 0.45%
2009 $4.51B 0.50%
2008 $4.33B 0.39%
2007 $4.22B 0.40%
2006 $3.04B 0.31%
2005 $3.12B 0.36%
2004 $2.85B 0.36%
2003 $2.96B 0.41%
2002 $3.17B 0.42%
2001 $3.23B 0.44%
2000 $3.03B 0.45%
1999 $2.65B 0.46%
1998 $2.26B 0.45%
1997 $2.18B 0.46%
1996 $1.88B 0.48%
1995 $1.56B 0.45%
1994 $2.64B 0.52%
1993 $2.12B 0.44%
1992 $1.82B 0.47%
1991 $1.46B 0.44%
1990 $1.21B 0.43%
1989 $1.15B 0.52%
1988 $0.98B 0.54%
1987 $0.81B 0.58%
1986 $0.82B 0.63%
1985 $1.24B 0.68%
1984 $1.16B 0.66%
1983 $0.78B 0.52%
1982 $0.86B 0.50%
1981 $1.28B 0.51%
1980 $0.81B 0.42%
1979 $0.68B 0.51%
1978 $0.52B 0.50%
1977 $0.44B 0.53%
1976 $0.53B 0.60%
1975 $0.50B 0.57%
1974 $0.41B 0.57%
1973 $0.30B 0.54%
1972 $0.24B 0.54%
1971 $0.19B 0.49%
1970 $0.18B 0.50%
1969 $0.18B 0.60%
1968 $0.15B 0.55%
1967 $0.13B 0.55%
1966 $0.13B 0.58%
1965 $0.12B 0.59%
1964 $0.12B 0.68%
1963 $0.11B 0.72%
1962 $0.10B 0.69%
1961 $0.09B 0.65%
1960 $0.08B 0.67%