Guyana vs Mongolia: Military expenditure (current USD), annual growth rate

Guyana
84.04 % change on previous year
in 2024
Mongolia
62.24 % change on previous year
in 2024
Guyana rank
4th
Mongolia rank
7th

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

  • Guyana
  • Mongolia
-1000100200197419992024

How they compare

Guyana currently reports 84.04 % change on previous year against 62.24 % change on previous year in Mongolia, a difference of 21.8 % change on previous year.

That makes Guyana's figure about 1.4 times Mongolia's.

The two have swapped places 8 times across 29 shared years of data; in 1992 it was Guyana ahead.

Guyana ranks 4th and Mongolia ranks 7th of 164 countries.

Across the 4 decades both report, Guyana averaged higher in 3 and Mongolia in 1.

Head to head by decade

Decade Guyana Mongolia Difference Ahead
1990s 25.18 % change on previous year -15.93 % change on previous year 41.12 % change on previous year Guyana
2000s 11.67 % change on previous year 8.06 % change on previous year 3.61 % change on previous year Guyana
2010s 8.17 % change on previous year 11.73 % change on previous year 3.57 % change on previous year Mongolia
2020s 27.5 % change on previous year 16.43 % change on previous year 11.07 % change on previous year Guyana

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure (current usd), annual growth rate, Guyana or Mongolia?
Guyana, at 84.04 % change on previous year against 62.24 % change on previous year in Mongolia as of 2024.
What is the difference in military expenditure (current usd), annual growth rate between Guyana and Mongolia?
21.8 % change on previous year, with Guyana ahead.
How many years of comparable data are there for Guyana and Mongolia?
29 years are reported by both, from 1992 to 2024.
How do Guyana and Mongolia rank globally for military expenditure (current usd), annual growth rate?
Guyana ranks 4th and Mongolia ranks 7th of 164 countries.
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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Guyana vs Mongolia: Military expenditure (current USD), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 24 August 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd-annual-growth-rate/guyana/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.