Mexico: military expenditure as percentage of GDP 2007-2023

The military expenditure that Mexico reported for 2023 accounted for approximately 0.7 percent of the country's Gross Domestic Product (GDP), the same percentage as the previous year. The share of GDP for Mexico's military expenditure remained constant between 2009 and 2019, with the exception of 2017 when it dropped to 0.4 percent. In 2022, Mexico had one of the lowest military spending in Latin America.