In 2023, Mexico was the second country with the highest military expenditure in Latin America and the Caribbean. During that year, the country's defense and armed security spending was around 11.8 billion U.S. dollars, which represented a considerable increase compared to what was reported in 2022.
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SIPRI. (April 16, 2024). Military spending in Mexico from 2008 to 2023 (in millions of U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 24, 2026, from /statistics/1631791/military-spending-mexico/
SIPRI. "Military spending in Mexico from 2008 to 2023 (in millions of U.S. dollars)." Chart. April 16, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 24, 2026. /statistics/1631791/military-spending-mexico/
SIPRI. (2024). Military spending in Mexico from 2008 to 2023 (in millions of U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 24, 2026. /statistics/1631791/military-spending-mexico/
SIPRI. "Military Spending in Mexico from 2008 to 2023 (in Millions of U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 16 Apr 2024, /statistics/1631791/military-spending-mexico/
SIPRI, Military spending in Mexico from 2008 to 2023 (in millions of U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1631791/military-spending-mexico/ (last visited July 24, 2026)
Military spending in Mexico from 2008 to 2023 (in millions of U.S. dollars) [Graph], SIPRI, April 16, 2024. [Online]. Available: /statistics/1631791/military-spending-mexico/
