Military expenditure in Mongolia
Mongolia: Military expenditure was 180.84 million current USD in 2024. ◆ Volatile
Military expenditure in Mongolia, 1987–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
Mongolia recorded 180.84 million current USD for military expenditure in 2024. That is the highest value across all 38 years on record.
The figure is up 62.2% on the previous year and up 72.0% over ten years.
Over the whole period, military expenditure in Mongolia peaked at 180.84 million current USD in 2024 and was at its lowest, 0 current USD, in 1987.
Mongolia ranks 132nd of 166 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0 current USD | 0 current USD | 0 current USD | 3 |
| 1990s | 27.39 million current USD | 0 current USD | 110.84 million current USD | 10 |
| 2000s | 35.47 million current USD | 23.12 million current USD | 66.75 million current USD | 10 |
| 2010s | 93.20 million current USD | 54.86 million current USD | 113.62 million current USD | 10 |
| 2020s | 114.98 million current USD | 89.80 million current USD | 180.84 million current USD | 5 |
Countries ranked near Mongolia
More public sector data for Mongolia
- Arms imports 3.00 million SIPRI trend indicator values (2022)
- Tax revenue 16.9% (2024)
- Taxes on income, profits and capital gains 16.3% (2024)
- Taxes on goods and services 25.9% (2024)
- Net investment in nonfinancial assets 6.3% (2024)
- Net lending (+) / net borrowing (-) 1.8% (2024)
- Interest payments 4.3% (2024)
- Grants and other revenue 31.0% (2024)
- Interest payments 6.0% (2021)
- Other taxes 1.0% (2024)
Frequently asked questions
- What is military expenditure in Mongolia?
- Military expenditure in Mongolia was 180.84 million current USD in 2024, 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 180.84 million current USD in 2024.
- What is the lowest military expenditure recorded in Mongolia?
- The lowest recorded value was 0 current USD in 1987.
- How does Mongolia rank for military expenditure?
- Mongolia ranks 132nd out of 166 countries with data for 2024.
- Is military expenditure rising or falling in Mongolia?
- Over the last ten years it is up 72.0%. 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 USD). Statizoid updates them automatically from the source API.
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About this data
Military spending USD, in current prices (converted at the exchange rate for the given year)