Military Expenditure in Mexico decreased to 6607 USD Million in 2020 from 6651 USD Million in 2019. source: SIPRI

Military Expenditure in Mexico averaged 2424.19 USD Million from 1949 until 2020, reaching an all time high of 6651 USD Million in 2019 and a record low of 373 USD Million in 1949. Mexico Military Expenditure - values, historical data and charts - was last updated on July 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
6607.00 6651.00 6651.00 373.00 1949 - 2020 USD Million Yearly
Constant 2019 prices

Mexico Government Last Previous Highest Lowest Unit
Government Debt to GDP 45.50 46.00 48.20 17.90 percent of GDP [+]
Government Budget -4.60 -1.60 3.30 -4.60 percent of GDP [+]
Government Budget Value -26620.00 15940.00 340612.40 -308191.94 MXN Million [+]
Government Spending 2250041.00 2239723.00 2265955.00 1376521.00 MXN Million [+]
Government Revenues 636423.90 435231.90 719218.90 12748.50 MXN Million [+]
Fiscal Expenditure 630105.00 534806.70 876914.90 14302.90 MXN Million [+]
Credit Rating 60.00 [+]
Military Expenditure 6607.00 6651.00 6651.00 373.00 USD Million [+]