Military expenditure (current USD), per unit of GDP in Mongolia

Mongolia: Military expenditure (current USD), per unit of GDP was 0.0076 current USD per US$ of GDP in 2024. ◆ Volatile

Latest (2024)
0.0076 current USD per US$ of GDP
Change on year
up 38.6%
World rank
135th
of 166 countries
All-time high
0.0466 current USD per US$ of GDP
in 1991
All-time low
0 current USD per US$ of GDP
in 1987
Years of data
38
1987–2024

Military expenditure (current USD), per unit of GDP in Mongolia, 1987–2024

00.010.020.030.040.051987200520241987: 0 current USD per US$ of GDP1988: 0 current USD per US$ of GDP1989: 0 current USD per US$ of GDP1990: 0 current USD per US$ of GDP1991: 0.047 current USD per US$ of GDP1992: 0.025 current USD per US$ of GDP1993: 0.018 current USD per US$ of GDP1994: 0.018 current USD per US$ of GDP1995: 0.015 current USD per US$ of GDP1996: 0.016 current USD per US$ of GDP1997: 0.016 current USD per US$ of GDP1998: 0.018 current USD per US$ of GDP1999: 0.017 current USD per US$ of GDP2000: 0.021 current USD per US$ of GDP2001: 0.018 current USD per US$ of GDP2002: 0.018 current USD per US$ of GDP2003: 0.015 current USD per US$ of GDP2004: 0.014 current USD per US$ of GDP2005: 0.012 current USD per US$ of GDP2006: 0.011 current USD per US$ of GDP2007: 0.013 current USD per US$ of GDP2008: 0.012 current USD per US$ of GDP2009: 0.008 current USD per US$ of GDP2010: 0.008 current USD per US$ of GDP2011: 0.008 current USD per US$ of GDP2012: 0.009 current USD per US$ of GDP2013: 0.008 current USD per US$ of GDP2014: 0.009 current USD per US$ of GDP2015: 0.009 current USD per US$ of GDP2016: 0.009 current USD per US$ of GDP2017: 0.008 current USD per US$ of GDP2018: 0.007 current USD per US$ of GDP2019: 0.007 current USD per US$ of GDP2020: 0.007 current USD per US$ of GDP2021: 0.006 current USD per US$ of GDP2022: 0.005 current USD per US$ of GDP2023: 0.005 current USD per US$ of GDP2024: 0.008 current USD per US$ of GDP

Source: Statizoid (derived). Measured in current USD per US$ of GDP.

Analysis

The most recent figure for military expenditure (current usd), per unit of gdp in Mongolia is 0.0076 current USD per US$ of GDP, measured in 2024.

Compared with earlier readings it is up 38.6% on the previous year and down 11.6% over ten years.

Over the whole period, military expenditure (current usd), per unit of gdp in Mongolia peaked at 0.0466 current USD per US$ of GDP in 1991 and was at its lowest, 0 current USD per US$ of GDP, in 1987.

That places Mongolia 135th out of 166 countries with data for 2024, putting it in the bottom quarter.

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

Military expenditure (current USD), per unit of GDP in Mongolia, year by year

Annual values for Military expenditure (current USD), per unit of GDP in Mongolia, 1987 to 2024.
Year current USD per US$ of GDP Change
1987 0 current USD per US$ of GDP
1988 0 current USD per US$ of GDP
1989 0 current USD per US$ of GDP
1990 0 current USD per US$ of GDP
1991 0.0466 current USD per US$ of GDP
1992 0.0251 current USD per US$ of GDP -46.2%
1993 0.0183 current USD per US$ of GDP -27.0%
1994 0.0177 current USD per US$ of GDP -3.2%
1995 0.0147 current USD per US$ of GDP -17.2%
1996 0.0161 current USD per US$ of GDP +9.6%
1997 0.0158 current USD per US$ of GDP -1.4%
1998 0.0177 current USD per US$ of GDP +11.9%
1999 0.017 current USD per US$ of GDP -3.8%
2000 0.0213 current USD per US$ of GDP +25.2%
2001 0.0182 current USD per US$ of GDP -14.6%
2002 0.0181 current USD per US$ of GDP -0.7%
2003 0.0153 current USD per US$ of GDP -15.7%
2004 0.0139 current USD per US$ of GDP -8.7%
2005 0.0118 current USD per US$ of GDP -15.2%
2006 0.0115 current USD per US$ of GDP -2.8%
2007 0.0134 current USD per US$ of GDP +16.4%
2008 0.0119 current USD per US$ of GDP -11.1%
2009 0.0082 current USD per US$ of GDP -30.8%
2010 0.0076 current USD per US$ of GDP -7.1%
2011 0.0084 current USD per US$ of GDP +9.7%
2012 0.0092 current USD per US$ of GDP +10.4%
2013 0.0082 current USD per US$ of GDP -11.0%
2014 0.0086 current USD per US$ of GDP +4.5%
2015 0.0088 current USD per US$ of GDP +1.8%
2016 0.0086 current USD per US$ of GDP -1.6%
2017 0.0076 current USD per US$ of GDP -11.6%
2018 0.0067 current USD per US$ of GDP -12.2%
2019 0.0066 current USD per US$ of GDP -1.1%
2020 0.0072 current USD per US$ of GDP +8.5%
2021 0.0064 current USD per US$ of GDP -11.5%
2022 0.0052 current USD per US$ of GDP -17.6%
2023 0.0055 current USD per US$ of GDP +4.7%
2024 0.0076 current USD per US$ of GDP +38.6%

Averages by decade

DecadeAverage LowestHighest Years
1980s 0 current USD per US$ of GDP 0 current USD per US$ of GDP 0 current USD per US$ of GDP 3
1990s 0.0189 current USD per US$ of GDP 0 current USD per US$ of GDP 0.0466 current USD per US$ of GDP 10
2000s 0.0144 current USD per US$ of GDP 0.0082 current USD per US$ of GDP 0.0213 current USD per US$ of GDP 10
2010s 0.008 current USD per US$ of GDP 0.0066 current USD per US$ of GDP 0.0092 current USD per US$ of GDP 10
2020s 0.0064 current USD per US$ of GDP 0.0052 current USD per US$ of GDP 0.0076 current USD per US$ of GDP 5

Countries ranked near Mongolia

  1. 132 Guyana 0.0082 current USD per US$ of GDP compare
  2. 133 Indonesia 0.0079 current USD per US$ of GDP compare
  3. 134 Dominican Republic 0.0079 current USD per US$ of GDP compare
  4. 136 Côte d'Ivoire 0.0076 current USD per US$ of GDP compare
  5. 137 Bosnia and Herzegovina 0.0073 current USD per US$ of GDP compare
  6. 138 Benin 0.0072 current USD per US$ of GDP compare

See the full ranking of 210 places →

More public sector data for Mongolia

All data for Mongolia →

Frequently asked questions

What is military expenditure (current usd), per unit of gdp in Mongolia?
Military expenditure (current usd), per unit of gdp in Mongolia was 0.0076 current USD per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), per unit of gdp recorded in Mongolia?
The highest recorded value was 0.0466 current USD per US$ of GDP in 1991.
What is the lowest military expenditure (current usd), per unit of gdp recorded in Mongolia?
The lowest recorded value was 0 current USD per US$ of GDP in 1987.
How does Mongolia rank for military expenditure (current usd), per unit of gdp?
Mongolia ranks 135th out of 166 countries with data for 2024.
Is military expenditure (current usd), per unit of gdp rising or falling in Mongolia?
Over the last ten years it is down 11.6%. 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), per unit of GDP. Statizoid updates them automatically from the source API.

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Military expenditure (current USD), per unit of GDP in Mongolia. Statizoid, drawing on Statizoid (derived). Retrieved 23 August 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-per-unit-of-gdp/mongolia/

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How this figure is calculated

Military expenditure (current USD) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Military expenditure (current USD) ÷ GDP (current US$)

Computed from

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

Indicator
Military expenditure (current USD), per unit of GDP
Unit
current USD per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
210 places, 10,381 data points, 1960–2024
Last refreshed

Military expenditure (current USD) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.