What is the difference in military expenditure between Armenia and Mongolia?

56.07 billion current LCU, with Mongolia ahead.

How many years of comparable data are there for Armenia and Mongolia?

32 years are reported by both, from 1992 to 2024.

Where does this data come from?

SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Armenia vs Mongolia: Military expenditure

Armenia

557.00 billion current LCU

in 2024

Mongolia

613.07 billion current LCU

in 2024

Armenia rank

36th

Mongolia rank

33rd

Military expenditure over time

Armenia
Mongolia

How they compare

Mongolia currently reports 613.07 billion current LCU against 557.00 billion current LCU in Armenia, a difference of 56.07 billion current LCU.

That makes Mongolia's figure about 1.1 times Armenia's.

The two have swapped places 6 times across 32 shared years of data; in 1992 it was Mongolia ahead.

Armenia ranks 36th and Mongolia ranks 33rd of 167 countries.

Armenia has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade	Armenia	Mongolia	Difference	Ahead
1990s	20.67 billion current LCU	10.95 billion current LCU	9.71 billion current LCU	Armenia
2000s	69.72 billion current LCU	42.06 billion current LCU	27.65 billion current LCU	Armenia
2010s	201.51 billion current LCU	177.67 billion current LCU	23.84 billion current LCU	Armenia
2020s	408.95 billion current LCU	365.46 billion current LCU	43.49 billion current LCU	Armenia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, Armenia or Mongolia?: Mongolia, at 613.07 billion current LCU against 557.00 billion current LCU in Armenia as of 2024.
What is the difference in military expenditure between Armenia and Mongolia?: 56.07 billion current LCU, with Mongolia ahead.
How many years of comparable data are there for Armenia and Mongolia?: 32 years are reported by both, from 1992 to 2024.
How do Armenia and Mongolia rank globally for military expenditure?: Armenia ranks 36th and Mongolia ranks 33rd of 167 countries.
Where does this data come from?: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

Share, cite or embed this page

Cite this page

Armenia vs Mongolia: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 18 August 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-lcu/armenia/mongolia/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://public-sector.statizoid.com/compare/military-expenditure-current-lcu/armenia/mongolia/">Armenia vs Mongolia: Military expenditure</a> — Statizoid

About this data

Indicator: Military expenditure (current LCU)
Unit: current LCU
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 167 places, 8,248 data points, 1960–2024
Last refreshed: 06 August 2026

Military expenditure in local currency at current prices (by calendar year)