Military Expenditure in Mexico increased to 6375 USD Million in 2018 from 5781 USD Million in 2017.

Military Expenditure in Mexico averaged 2388.89 USD Million from 1949 until 2018, reaching an all time high of 7071 USD Million in 2015 and a record low of 349 USD Million in 1949. Mexico Military Expenditure - values, historical data and charts - was last updated on October of 2020. source: SIPRI

Military Expenditure in Mexico is expected to reach 7000.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mexico Military Expenditure is projected to trend around 6900.00 USD Million in 2021, according to our econometric models.

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Mexico Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
6375.00 5781.00 7071.00 349.00 1949 - 2018 USD Million Yearly
constant 2016 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 139610.00 -121390.00 340612.40 -308191.94 MXN Million [+]
Government Spending 2244473.00 2261706.00 2261706.00 1376521.00 MXN Million [+]
Government Revenues 395152.90 406898.00 719218.90 12748.50 MXN Million [+]
Fiscal Expenditure 516468.50 549789.30 830183.90 14302.90 MXN Million [+]
Credit Rating 60.00 [+]
Military Expenditure 6375.00 5781.00 7071.00 349.00 USD Million [+]