What was the production budget of The Matrix?

The production budget of The Matrix was $63 million.

Released in 1999, The Matrix was considered a major gamble because the Wachowskis were relatively inexperienced directors proposing ambitious visual effects, extensive martial-arts choreography, and the groundbreaking bullet-time technique. Warner Bros. and its partners ultimately funded a production that was expensive for its time but modest compared with later franchise installments.

The film’s budget was used for large-scale sets, extensive location work in Australia, actor training, wire-fu choreography, and complex visual effects. Its financial performance made the investment look highly successful: The Matrix earned more than $460 million worldwide and became one of the year’s biggest films.

The sequels were much more expensive. The Matrix Reloaded and The Matrix Revolutions are commonly listed with budgets of about $150 million each, which can cause viewers to remember a larger figure when thinking of the original. The $63 million figure refers specifically to The Matrix.