Military expenditure (current USD), annual growth rate in Mongolia
Mongolia: Military expenditure (current USD), annual growth rate was 62.24 % change on previous year in 2024. ◆ Volatile
Military expenditure (current USD), annual growth rate in Mongolia, 1992–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Mongolia recorded 62.24 % change on previous year for military expenditure (current usd), annual growth rate in 2024. That is the highest value across all 33 years on record.
That represents a change of up 158.0% on the previous year and up 3,802.7% over ten years.
Over the whole period, military expenditure (current usd), annual growth rate in Mongolia peaked at 62.24 % change on previous year in 2024 and was at its lowest, -70.19 % change on previous year, in 1992.
Mongolia ranks 7th of 164 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -12.02 % change on previous year | -70.19 % change on previous year | 29.81 % change on previous year | 8 |
| 2000s | 10.72 % change on previous year | -43.62 % change on previous year | 44.33 % change on previous year | 10 |
| 2010s | 11.73 % change on previous year | -9.19 % change on previous year | 58.89 % change on previous year | 10 |
| 2020s | 16.43 % change on previous year | -7.61 % change on previous year | 62.24 % change on previous year | 5 |
Countries ranked near Mongolia
More public sector data for Mongolia
- Arms imports 3.00 million SIPRI trend indicator values (2022)
- Arms imports (SIPRI trend indicator values), per capita 0.8737 SIPRI trend indicator values per person (2022)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2022)
- Arms imports (SIPRI trend indicator values), annual growth rate -88 % change on previous year (2022)
- Arms imports (SIPRI trend indicator values), gaps filled 3.00 million SIPRI trend indicator values (2022)
- Military expenditure (current USD), per capita 51.31 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0076 current USD per US$ of GDP (2024)
- Military expenditure (current USD), gaps filled 180.84 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 1.93 SIPRI trend indicator values per square kilometre (2022)
- Military expenditure (current USD), per square kilometre 71.52 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), annual growth rate in Mongolia?
- Military expenditure (current usd), annual growth rate in Mongolia was 62.24 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), annual growth rate recorded in Mongolia?
- The highest recorded value was 62.24 % change on previous year in 2024.
- What is the lowest military expenditure (current usd), annual growth rate recorded in Mongolia?
- The lowest recorded value was -70.19 % change on previous year in 1992.
- How does Mongolia rank for military expenditure (current usd), annual growth rate?
- Mongolia ranks 7th out of 164 countries with data for 2024.
- Is military expenditure (current usd), annual growth rate rising or falling in Mongolia?
- Over the last ten years it is up 3,802.7%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from Statizoid (derived), published as part of Military expenditure (current USD), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
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.
Computed from
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
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.