Late-demographic dividend vs Mongolia: Military expenditure (current USD), annual growth rate

Late-demographic dividend
14.9 % change on previous year
in 2024
Mongolia
62.24 % change on previous year
in 2024
Late-demographic dividend rank
8th
Mongolia rank
7th

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

  • Late-demographic dividend
  • Mongolia
-50050199020072024

How they compare

Mongolia currently reports 62.24 % change on previous year against 14.9 % change on previous year in Late-demographic dividend, a difference of 47.34 % change on previous year.

That makes Mongolia's figure about 4.2 times Late-demographic dividend's.

The two have swapped places 17 times across 33 shared years of data; in 1992 it was Late-demographic dividend ahead.

Late-demographic dividend ranks 8th and Mongolia ranks 7th of 41 groups.

Across the 4 decades both report, Late-demographic dividend averaged higher in 2 and Mongolia in 2.

Head to head by decade

Decade Late-demographic dividend Mongolia Difference Ahead
1990s 5.37 % change on previous year -12.02 % change on previous year 17.39 % change on previous year Late-demographic dividend
2000s 14.61 % change on previous year 10.72 % change on previous year 3.89 % change on previous year Late-demographic dividend
2010s 5.38 % change on previous year 11.73 % change on previous year 6.35 % change on previous year Mongolia
2020s 8.22 % change on previous year 16.43 % change on previous year 8.21 % 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, Late-demographic dividend or Mongolia?
Mongolia, at 62.24 % change on previous year against 14.9 % change on previous year in Late-demographic dividend as of 2024.
What is the difference in military expenditure (current usd), annual growth rate between Late-demographic dividend and Mongolia?
47.34 % change on previous year, with Mongolia ahead.
How many years of comparable data are there for Late-demographic dividend and Mongolia?
33 years are reported by both, from 1992 to 2024.
How do Late-demographic dividend and Mongolia rank globally for military expenditure (current usd), annual growth rate?
Late-demographic dividend ranks 8th 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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Late-demographic dividend vs Mongolia: Military expenditure (current USD), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 31 August 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd-annual-growth-rate/late-demographic-dividend/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.