Mexico Military Expenditure
0.9%▲ +0.2%
Dec 2024 · Annual
Mexico's military expenditure stood at 0.893257529320534 percent of GDP in the fourth quarter of 2024, rising from 0.660371879752505 percent in the prior year. This is the highest level on record, surpassing all previous readings since the series began in 1960. The all-time low was 0.297483414235144 percent in 2006.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 0.9% | 0.7% | 0.9%Dec 2024 | 0.3%Dec 2006 | 1960 – 2024 | Annual |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| Government Debt to GDP | 61.8% | 59.1% | 61.8% | 35.5% | Dec 2025 | Annual |
| Military Expenditure (USD) | $16.7B | $11.8B | $16.7B | $84.0M | Dec 2024 | Annual |
About this series
Military Expenditure in Mexico averaged 0.5% from 1960 until 2024, reaching an all-time high of 0.9% in Dec 2024 and a record low of 0.3% in Dec 2006. The series is reported yearly with history from 1960.
Military expenditure measures the share of a country's gross domestic product allocated to military spending, including personnel, operations, and procurement. The data are reported annually from 1960 to 2024, providing a long-term perspective on defense spending as a proportion of economic output.
Source & methodology
We use primary economic sources for every country. See our methodology page for how we source and verify this data.
FAQ