Colombia vs Mexico: Military expenditure

Colombia
15.10 billion current USD
in 2024
Mexico
16.73 billion current USD
in 2024
Colombia rank
25th
Mexico rank
23rd

Military expenditure over time

  • Colombia
  • Mexico
05.0B10.0B15.0B196019922024

How they compare

Mexico currently reports 16.73 billion current USD against 15.10 billion current USD in Colombia, a difference of 1.63 billion current USD.

That makes Mexico's figure about 1.1 times Colombia's.

The two have swapped places 10 times across 65 shared years of data; in 1960 it was Mexico ahead.

Globally, Colombia ranks 25th and Mexico ranks 23rd of 167 countries.

Individual pages

About this data

Indicator
Military expenditure (current USD)
Unit
current USD
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
211 places, 10,601 data points, 1960–2024
Last refreshed

Military spending USD, in current prices (converted at the exchange rate for the given year)