24Peaks / North America / Mexico / Government Defence Expenditure (% of GDP)

Mexico - Government Defence Expenditure (% of GDP) 0.74

World Bank WDI (SIPRI military expenditure) · updated 2026-10-15 · 166 economies tracked

Latest value

0.74 (2025)

Global rank

##127 of 166 economies

Share of global total

0.2%

Growth since 1960

1.1×

Ranking Race — Government Defence Expenditure (% of GDP)

1 = global #1 · higher value ranks higher

#1#25#49#73#97#121#14519601970198019902000201020202025#56#1272022 overtook Indonesia2024 overtook Jamaica
MexicoUkraineAlgeriaIsraelRussia

Real annual global ranks, 1960 - 2025. Mexico climbed from #56 to #127 (overtook Indonesia). Gaps in a lane = missing data that year.

Key events for Mexico ↓

Key Events — Mexico

Auto-detected from rank data + curated milestones

1982
Debt crisis curated

Defaults on external debt; peso devalues sharply.

1994
Peso crisis and NAFTA curated

Tequila crisis hits weeks after NAFTA takes effect.

2009
Global crisis recession curated

Heavy US dependence drags GDP down.

2020
COVID-19 recession curated

Sharp contraction with limited fiscal space.

2022
Overtook Indonesia in global rank auto
2024
Overtook Jamaica in global rank auto
2024
Climbed 30 places in global rank auto
2025
Fell 24 places in global rank auto

Government Defence Expenditure (% of GDP), 1960-2025

World Bank WDI (SIPRI military expenditure) · % of GDP · linear scale · ranking in the race above
1960197519902005202020250.30.580.851.13
Free: latest value, global rank and the ranking race. Subscribers unlock full history, multi-country comparison and export — sign up or login.