Mexico vs Saudi Arabia: Military expenditure

Mexico

306.34 billion current LCU

in 2024

Saudi Arabia

301.24 billion current LCU

in 2024

Mexico rank

47th

Saudi Arabia rank

48th

Military expenditure over time

Mexico currently reports 306.34 billion current LCU against 301.24 billion current LCU in Saudi Arabia, a difference of 5.10 billion current LCU.

The two have swapped places 1 time across 61 shared years of data; in 1960 it was Saudi Arabia ahead.

Globally, Mexico ranks 47th and Saudi Arabia ranks 48th of 167 countries.

Indicator: Military expenditure (current LCU)
Unit: current LCU
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 167 places, 8,248 data points, 1960–2024
Last refreshed: 06 August 2026

Military expenditure in local currency at current prices (by calendar year)