Mexico - Military Expenditure
Since 2014, Mexico Military Expenditure decreased by 0.7% year on year. At $6,536,384,427.47 in 2019, the country was number 32 comparing other countries in Military Expenditure. Mexico is overtaken by Oman, which was number 31 at $6,729,518,855.66 and is followed by Sweden at $5,920,139,623.44. United States topped the ranking with $731,751,400,000 in 2019, that is a growth of 7.2% compared to 2018. China, India and Russia respectively ranked number 2, 3 and 4 in this ranking. Bulgaria recorded the best 5 years average growth at +23.3% per year, while Venezuela witnessed the worst performance at -55.3% per year.
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| Date | US Dollars |
|---|---|
| 2019 | 6,536,384,427.47 |
| 2018 | 5,839,521,271.02 |
| 2017 | 5,062,076,645.82 |
| 2016 | 5,336,875,740.46 |
| 2015 | 5,468,837,811.92 |
Download all data from 1960 to 2019
How does Mexico rank in Military Expenditure?
| # | 156 Countries | US Dollars | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
731,751,400,000.00 | 2019 | +7.2 % | +2.5 % | View data | |
| 2 |
#2
China
|
261,081,940,426.67 | 2019 | +3.0 % | +5.4 % | View data | |
| 31 |
#31
Oman
|
6,729,518,855.66 | 2019 | -11.1 % | -3.9 % | View data | |
| 32 |
#32
Mexico
|
6,536,384,427.47 | 2019 | +11.9 % | -0.7 % | View data | |
| 33 |
#33
Sweden
|
5,920,139,623.44 | 2019 | +3.3 % | -2.0 % | View data | |