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Military Expenditure (Local Currency) in Mexico

Source: World Bank
Last Updated: April 1, 2024

Military expenditure in local currency reached MXN 172 bil in 2022 in Mexico, according to the SIPRI Military Expenditure Database. This is 2.46% less than in the previous year.

Historically, military expenditure in local currency in Mexico reached an all time high of MXN 176 bil in 2021 and an all time low of MXN < 0.001 bil in 1949.

Mexico has been ranked 50th within the group of 150 countries we follow in terms of military expenditure in local currency.

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