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 May 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.