Military Expenditure in Mexico increased to 6300 USD Million in 2019 from 5840 USD Million in 2018. source: SIPRI

Military Expenditure in Mexico averaged 2280.92 USD Million from 1949 until 2019, reaching an all time high of 6300 USD Million in 2019 and a record low of 360 USD Million in 1949. Mexico Military Expenditure - values, historical data and charts - was last updated on April of 2021.

Military Expenditure in Mexico is expected to reach 5800.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mexico Military Expenditure is projected to trend around 5800.00 USD Million in 2022 and 6100.00 USD Million in 2023, according to our econometric models.

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Mexico Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
6300.00 5840.00 6300.00 360.00 1949 - 2019 USD Million Yearly
constant 2018 prices

Mexico Government Last Previous Highest Lowest Unit
Government Debt to GDP 45.50 46.00 48.20 17.90 percent [+]
Government Budget -1.60 -2.10 3.30 -3.40 percent of GDP [+]
Government Budget Value -91020.00 -7960.00 340612.40 -308191.94 MXN Million [+]
Government Spending 2238664.00 2158916.00 2263989.00 1376521.00 MXN Million [+]
Government Revenues 492450.70 605642.40 719218.90 12748.50 MXN Million [+]
Fiscal Expenditure 496912.60 876914.90 876914.90 14302.90 MXN Million [+]
Credit Rating 60.00 [+]
Military Expenditure 6300.00 5840.00 6300.00 360.00 USD Million [+]