Military spending with the purpose of containing violence in Mexico was over 302 billion Mexican pesos in 2023. In comparison to the value spent last year, this represents a decrease of 12.9 percent. Altogether, the prevention and containment of violence in this country totaled around 4.94 trillion Mexican pesos.
Military spending in Mexico from 2015 to 2023
(in billion Mexican pesos)
The source adds the following information: "The Institute has developed an innovative methodology to calculate the economic impact of violence to the economy. It does this by calculating 13 different types of violence related spending at the national level, and applying a multiplier effect to account for the lingering influence of violence and fear. There are immediate and obvious examples of the impact of violence to the economy, like hospital fees, or security costs, and there are also more subtle long term impacts, such as a shift to more defensive spending by individuals, businesses and governments."
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Vision of Humanity. (May 5, 2024). Military spending in Mexico from 2015 to 2023 (in billion Mexican pesos) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/754686/mexico-military-spending/
Vision of Humanity. "Military spending in Mexico from 2015 to 2023 (in billion Mexican pesos)." Chart. May 5, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/754686/mexico-military-spending/
Vision of Humanity. (2024). Military spending in Mexico from 2015 to 2023 (in billion Mexican pesos). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/754686/mexico-military-spending/
Vision of Humanity. "Military Spending in Mexico from 2015 to 2023 (in Billion Mexican Pesos)." Statista, Statista Inc., 5 May 2024, https://www.statista.com/statistics/754686/mexico-military-spending/
Vision of Humanity, Military spending in Mexico from 2015 to 2023 (in billion Mexican pesos) Statista, https://www.statista.com/statistics/754686/mexico-military-spending/ (last visited December 21, 2024)
Military spending in Mexico from 2015 to 2023 (in billion Mexican pesos) [Graph], Vision of Humanity, May 5, 2024. [Online]. Available: https://www.statista.com/statistics/754686/mexico-military-spending/
