Europe & Central Asia vs Mongolia: Military expenditure (current USD), annual growth rate

Europe & Central Asia
19.52 % change on previous year
in 2024
Mongolia
62.24 % change on previous year
in 2024
Europe & Central Asia rank
5th
Mongolia rank
7th

Military expenditure (current USD), annual growth rate over time

  • Europe & Central Asia
  • Mongolia
-50050198820062024

How they compare

Mongolia currently reports 62.24 % change on previous year against 19.52 % change on previous year in Europe & Central Asia, a difference of 42.72 % change on previous year.

That makes Mongolia's figure about 3.2 times Europe & Central Asia's.

The two have swapped places 15 times across 32 shared years of data; in 1993 it was Europe & Central Asia ahead.

Europe & Central Asia ranks 5th and Mongolia ranks 7th of 41 groups.

Across the 4 decades both report, Europe & Central Asia averaged higher in 1 and Mongolia in 3.

Head to head by decade

Decade Europe & Central Asia Mongolia Difference Ahead
1990s -0.4003 % change on previous year -3.71 % change on previous year 3.31 % change on previous year Europe & Central Asia
2000s 6.91 % change on previous year 10.72 % change on previous year 3.8 % change on previous year Mongolia
2010s 0.412 % change on previous year 11.73 % change on previous year 11.32 % change on previous year Mongolia
2020s 13.41 % change on previous year 16.43 % change on previous year 3.02 % change on previous year Mongolia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure (current usd), annual growth rate, Europe & Central Asia or Mongolia?
Mongolia, at 62.24 % change on previous year against 19.52 % change on previous year in Europe & Central Asia as of 2024.
What is the difference in military expenditure (current usd), annual growth rate between Europe & Central Asia and Mongolia?
42.72 % change on previous year, with Mongolia ahead.
How many years of comparable data are there for Europe & Central Asia and Mongolia?
32 years are reported by both, from 1993 to 2024.
How do Europe & Central Asia and Mongolia rank globally for military expenditure (current usd), annual growth rate?
Europe & Central Asia ranks 5th and Mongolia ranks 7th of 41 groups.
Where does this data come from?
Statizoid (derived), published as Military expenditure (current USD), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Europe & Central Asia vs Mongolia: Military expenditure (current USD), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 05 September 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd-annual-growth-rate/europe-and-central-asia/mongolia/

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About this data

Indicator
Military expenditure (current USD), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
208 places, 10,048 data points, 1961–2024
Last refreshed

The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.