Mexico—Military Spending (% of govt expenditure)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #122 of 151Updated April 2026
Latest Value
3.0%
2024
YoY Change
+28.6%
2023 → 2024
Global Rank
#122
of 151 countries
Maximum
3.0%
2024
Minimum
1.4%
2006
CAGR
+1.4%
25 years
Last
3.0%
Previous
2.3%
Highest
3.0%
Lowest
1.4%
Source
World Bank World Development Indicators
Mexico's military spending (% of govt expenditure) was 3.0% in 2024, ranking #122 out of 151 countries. This represents a +28.6% change from 2023. Over the past 25 years, the highest recorded value was 3.0% (2024) and the lowest was 1.4% (2006). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 3.0% | +28.6% |
| 2023 | 2.3% | -4.0% |
| 2022 | 2.4% | -2.7% |
| 2021 | 2.5% | -4.3% |
| 2020 | 2.6% | +28.1% |
| 2019 | 2.0% | +8.4% |
| 2018 | 1.9% | +9.6% |
| 2017 | 1.7% | -6.2% |
| 2016 | 1.8% | +6.6% |
| 2015 | 1.7% | -7.7% |
| 2014 | 1.8% | +0.5% |
| 2013 | 1.8% | +8.4% |
| 2012 | 1.7% | +0.4% |
| 2011 | 1.7% | +2.7% |
| 2010 | 1.6% | -9.3% |
| 2009 | 1.8% | +28.2% |
| 2008 | 1.4% | -17.2% |
| 2007 | 1.7% | +23.4% |
| 2006 | 1.4% | -14.3% |
| 2005 | 1.6% | -5.5% |
| 2004 | 1.7% | -5.3% |
| 2003 | 1.8% | -9.2% |
| 2002 | 2.0% | -4.6% |
| 2001 | 2.1% | -1.5% |
| 2000 | 2.1% |
Top Countries — Military Spending (% of govt expenditure)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Ukraine | 54.0% | 2024 |
| 2 | Belarus | 50.7% | 2024 |
| 3 | Myanmar | 29.1% | 2024 |
| 4 | Qatar | 26.9% | 2022 |
| 5 | Saudi Arabia | 22.3% | 2024 |
| 6 | Somalia, Fed. Rep. | 21.6% | 2024 |
| 7 | Algeria | 21.4% | 2024 |
| 8 | Oman | 20.1% | 2024 |
| 9 | Singapore | 20.1% | 2024 |
| 10 | Israel | 20.0% | 2024 |