Military expenditure (current LCU) in Mongolia

Mongolia: Military expenditure (current LCU) was 784.57 billion current LCU in 2025. ◆ Volatile

Latest (2025)
784.57 billion current LCU
Change on year
up 29.0%
World rank
33rd
of 168 countries
All-time high
784.57 billion current LCU
in 2025
All-time low
592.00 million current LCU
in 1990
Years of data
39
1987–2025

Military expenditure in Mongolia, 1987–2025

0200.0B400.0B600.0B800.0B1987200620251987: 793.0M current LCU1988: 900.0M current LCU1989: 850.0M current LCU1990: 592.0M current LCU1991: 888.0M current LCU1992: 1.2B current LCU1993: 4.1B current LCU1994: 6.8B current LCU1995: 9.5B current LCU1996: 11.8B current LCU1997: 14.8B current LCU1998: 16.8B current LCU1999: 18.4B current LCU2000: 26.1B current LCU2001: 25.4B current LCU2002: 28.1B current LCU2003: 27.9B current LCU2004: 32.9B current LCU2005: 35.9B current LCU2006: 46.2B current LCU2007: 66.2B current LCU2008: 77.8B current LCU2009: 54.1B current LCU2010: 74.4B current LCU2011: 110.3B current LCU2012: 154.3B current LCU2013: 157.7B current LCU2014: 191.1B current LCU2015: 200.4B current LCU2016: 206.7B current LCU2017: 213.5B current LCU2018: 218.0B current LCU2019: 250.3B current LCU2020: 268.9B current LCU2021: 276.9B current LCU2022: 282.0B current LCU2023: 386.3B current LCU2024: 608.3B current LCU2025: 784.6B current LCU

Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.

Analysis

In 2025, military expenditure in Mongolia stood at 784.57 billion current LCU. That is the highest value across all 39 years on record.

Compared with earlier readings it is up 29.0% on the previous year and up 291.4% over ten years.

Over the whole period, military expenditure in Mongolia peaked at 784.57 billion current LCU in 2025 and was at its lowest, 592.00 million current LCU, in 1990.

Mongolia ranks 33rd of 168 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Military expenditure (current LCU) in Mongolia, year by year

Annual values for Military expenditure (current LCU) in Mongolia, 1987 to 2025.
Year current LCU Change
1987 793.00 million current LCU —
1988 900.00 million current LCU +13.5%
1989 850.00 million current LCU -5.6%
1990 592.00 million current LCU -30.4%
1991 888.00 million current LCU +50.0%
1992 1.18 billion current LCU +33.3%
1993 4.15 billion current LCU +250.3%
1994 6.77 billion current LCU +63.2%
1995 9.55 billion current LCU +41.1%
1996 11.85 billion current LCU +24.1%
1997 14.77 billion current LCU +24.6%
1998 16.75 billion current LCU +13.4%
1999 18.42 billion current LCU +9.9%
2000 26.13 billion current LCU +41.9%
2001 25.38 billion current LCU -2.8%
2002 28.07 billion current LCU +10.6%
2003 27.90 billion current LCU -0.6%
2004 32.89 billion current LCU +17.9%
2005 35.91 billion current LCU +9.2%
2006 46.23 billion current LCU +28.7%
2007 66.20 billion current LCU +43.2%
2008 77.82 billion current LCU +17.5%
2009 54.11 billion current LCU -30.5%
2010 74.44 billion current LCU +37.6%
2011 110.30 billion current LCU +48.2%
2012 154.25 billion current LCU +39.8%
2013 157.67 billion current LCU +2.2%
2014 191.09 billion current LCU +21.2%
2015 200.45 billion current LCU +4.9%
2016 206.75 billion current LCU +3.1%
2017 213.49 billion current LCU +3.3%
2018 217.96 billion current LCU +2.1%
2019 250.32 billion current LCU +14.8%
2020 268.94 billion current LCU +7.4%
2021 276.94 billion current LCU +3.0%
2022 282.04 billion current LCU +1.8%
2023 386.31 billion current LCU +37.0%
2024 608.32 billion current LCU +57.5%
2025 784.57 billion current LCU +29.0%

Mongolia compared with similar countries

  • Mongolia's 784.57 billion current LCU is above the median for upper middle income countries, which is 55.44 billion current LCU, 14.2× the median. (48 countries reporting)
  • Mongolia's 784.57 billion current LCU is above the median for East Asia & Pacific, which is 206.67 billion current LCU, 3.8× the median. (20 countries reporting)

Biggest year-on-year movements

Years where Military expenditure (current LCU) in Mongolia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1993 +250.3% 1.18 billion current LCU 4.15 billion current LCU

Averages by decade

DecadeAverage LowestHighest Years
1980s 847.67 million current LCU 793.00 million current LCU 900.00 million current LCU 3
1990s 8.49 billion current LCU 592.00 million current LCU 18.42 billion current LCU 10
2000s 42.06 billion current LCU 25.38 billion current LCU 77.82 billion current LCU 10
2010s 177.67 billion current LCU 74.44 billion current LCU 250.32 billion current LCU 10
2020s 434.52 billion current LCU 268.94 billion current LCU 784.57 billion current LCU 6

Countries ranked near Mongolia

  1. 30 Turkey 1.19 trillion current LCU compare
  2. 31 United States 954.39 billion current LCU compare
  3. 32 South Sudan 798.30 billion current LCU compare
  4. 34 Kazakhstan 682.30 billion current LCU compare
  5. 35 Burundi 670.49 billion current LCU compare
  6. 36 Armenia 667.88 billion current LCU compare

See the full ranking of 168 places →

More public sector data for Mongolia

All data for Mongolia →

Frequently asked questions

What is military expenditure in Mongolia?
Military expenditure in Mongolia was 784.57 billion current LCU in 2025, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
What is the highest military expenditure recorded in Mongolia?
The highest recorded value was 784.57 billion current LCU in 2025.
What is the lowest military expenditure recorded in Mongolia?
The lowest recorded value was 592.00 million current LCU in 1990.
How does Mongolia rank for military expenditure?
Mongolia ranks 33rd out of 168 countries with data for 2025.
Is military expenditure rising or falling in Mongolia?
Over the last ten years it is up 291.4%. The long-run trend across the full record is volatile.
Where does this Mongolia data come from?
The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current LCU). Statizoid updates them automatically from the source API.

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Military expenditure in Mongolia. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 08 November 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-lcu/mongolia/

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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
168 places, 8,396 data points, 1960–2025
Last refreshed

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