Mexico vs Peru

Mexico vs Peru: Military spending in US dollars

Military spending in US dollars in 2025: $13.8B in Mexico and $2.43B in Peru, by SIPRI estimates. In 2025 the value was higher in Mexico, by $11.4B, or 5.68 times that in Peru.

US dollars at 2024 prices · SIPRI

Mexico vs Peru: Military spending in US dollarsMilitary spending in US dollars in 2025: $13.8B in Mexico and $2.43B in Peru, by SIPRI estimates. In 2025 the value was higher in Mexico, by $11.4B, or 5.68 times that in Peru.
MexicoPeruSIPRI estimateHighly uncertain

What the numbers say

  • Mexico has been higher since 1989, when it overtook Peru.
  • In 2025, Mexico ranked 28 and Peru ranked 60 of 151 countries, counting from the highest.

Every year

US dollars at 2024 prices · SIPRI

YearMexicoPeru
2025$13.8B$2.43B
2024$20.6B$2.54B
2023$12B$3.37B
2022$12.2B$3.11B
2021$11.5B$3.21B
2020$11.9B$3.03B
2019$9.11B$3.06B
2018$8.29B$2.97B
2017$7.41B$3.01B
2016$8.18B$3.05B
2015$7.31B$3.89B
2014$7.79B$3.49B
2013$7.45B$3.53B
2012$7.05B$3.06B
2011$6.66B$2.73B
2010$6.1B$2.67B
2009$6.4B$2.46B
2008$5.33B$2B
2007$5.36B$2B
2006$4B$2.07B
2005$4.26B$1.98B
2004$4.19B$1.6B
2003$4.35B$1.63B
2002$4.36B$1.59B
2001$4.51B$1.71B
2000$4.56B$1.75B
1999$4.42B$1.91B
1998$4.2B$1.97B
1997$4.07B$1.98B
1996$4.07B$2.35B
1995$3.83B$2.44B
1994$4.58B$2.07B
1993$3.65B$2B
1992$3.42B$1.76B
1991$3.08B$1.46B
1990$2.92B$2.02B
1989$3.08B$2.41B
1988$2.91B$3.48B
1987$3.13B$6.89B
1986$3.23B$6.32B
1985$3.84B$6.81B
1984$3.69B$5.66B
1983$2.94B$7.77B
1982$3.07B$9.62B
1981$3.18B$7.51B
1980$2.4B$8.59B
1979$2.53B$5.84B
1978$2.27B$8.65B
1977$2.24B$11.4B
1976$2.39B$7.87B
1975$2.13B$6.95B
1974$1.98B$5.27B
1973$1.81B$4.93B
1972$1.64B$4.1B
1971$1.36B$3.93B
1970$1.32B$3.7B
1969$1.41B$2.3B
1968$1.21B$2.14B
1967$1.11B$4.3B
1966$1.12B$2.49B
1965$1.06B$2.48B
1964$1.11B$2.62B
1963$1.06B$2.32B
1962$943M$1.68B
1961$831M$1.7B
1960$821M$1.43B
1959$728M$1.37B
1958$744M$1.4B
1957$800M$1.39B
1956$737M$1.43B
1955$722M$1.26B
1954$762M$1.13B
1953$604M$1.11B
1952$533M$1.07B
1951$576M$1.12B
1950$569M$974M
1949$511M$897M
  • Estimate
  • Highly uncertain

Each country on its own

Good to know

  • What the country spends on its armed forces and defence, in constant 2024 US dollars so that years compare, by SIPRI’s count.
  • Source: Information from the Stockholm International Peace Research Institute (SIPRI) Military Expenditure Database, https://doi.org/10.55163/CQGC9685.
  • Marked points are SIPRI’s own: a dot where it gives the figure as its estimate, a ring where it calls the figure highly uncertain.
  • Ranks count the 151 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

Mexico vs Peru

Health

People

Economy

Education

Politics

Conflict

Military

Climate

Technology and environment