Low income vs Mongolia: Military expenditure (current USD), annual growth rate
Low income
17.86 % change on previous year
in 2024
Mongolia
62.24 % change on previous year
in 2024
Low income rank
6th
Mongolia rank
7th
Military expenditure (current USD), annual growth rate over time
- Low income
- Mongolia
How they compare
Mongolia currently reports 62.24 % change on previous year against 17.86 % change on previous year in Low income, a difference of 44.38 % change on previous year.
That makes Mongolia's figure about 3.5 times Low income's.
The two have swapped places 11 times across 33 shared years of data; in 1992 it was Low income ahead.
Low income ranks 6th and Mongolia ranks 7th of 41 groups.
Across the 4 decades both report, Low income averaged higher in 2 and Mongolia in 2.
Head to head by decade
| Decade | Low income | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -3.95 % change on previous year | -12.02 % change on previous year | 8.07 % change on previous year | Low income |
| 2000s | 11.26 % change on previous year | 10.72 % change on previous year | 0.5392 % change on previous year | Low income |
| 2010s | -4.34 % change on previous year | 11.73 % change on previous year | 16.07 % change on previous year | Mongolia |
| 2020s | 14.66 % change on previous year | 16.43 % change on previous year | 1.77 % 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, Low income or Mongolia?
- Mongolia, at 62.24 % change on previous year against 17.86 % change on previous year in Low income as of 2024.
- What is the difference in military expenditure (current usd), annual growth rate between Low income and Mongolia?
- 44.38 % change on previous year, with Mongolia ahead.
- How many years of comparable data are there for Low income and Mongolia?
- 33 years are reported by both, from 1992 to 2024.
- How do Low income and Mongolia rank globally for military expenditure (current usd), annual growth rate?
- Low income ranks 6th 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.
Individual pages
About this data
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.