Military expenditure in Mongolia
Mongolia: Military expenditure was 0.7% in 2024. ◆ Volatile
Latest (2024)
0.7%
Change on year
up 36.8%
World rank
139th
of 164 countries
All-time high
6.3%
in 1988
All-time low
0.5%
in 2022
Years of data
38
1987–2024
Military expenditure in Mongolia, 1987–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in % of GDP.
Analysis
In 2024, military expenditure in Mongolia stood at 0.7%.
Compared with earlier readings it is up 36.8% on the previous year and down 13.7% over ten years.
Over the whole period, military expenditure in Mongolia peaked at 6.3% in 1988 and was at its lowest, 0.5%, in 2022.
Mongolia ranks 139th of 164 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Military expenditure in Mongolia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1987 | 5.8% | — |
| 1988 | 6.3% | +8.7% |
| 1989 | 6.3% | -1.4% |
| 1990 | 4.3% | -31.5% |
| 1991 | 3.2% | -24.5% |
| 1992 | 1.9% | -40.9% |
| 1993 | 1.7% | -10.3% |
| 1994 | 1.7% | -3.4% |
| 1995 | 1.6% | -2.0% |
| 1996 | 1.8% | +9.7% |
| 1997 | 1.6% | -7.8% |
| 1998 | 1.9% | +16.3% |
| 1999 | 1.8% | -3.8% |
| 2000 | 2.0% | +10.2% |
| 2001 | 1.8% | -11.9% |
| 2002 | 1.8% | +0.8% |
| 2003 | 1.5% | -15.9% |
| 2004 | 1.4% | -8.4% |
| 2005 | 1.0% | -26.4% |
| 2006 | 1.0% | -5.5% |
| 2007 | 1.1% | +9.5% |
| 2008 | 0.8% | -21.8% |
| 2009 | 0.6% | -23.5% |
| 2010 | 0.8% | +21.2% |
| 2011 | 0.8% | +9.7% |
| 2012 | 0.9% | +10.4% |
| 2013 | 0.8% | -11.0% |
| 2014 | 0.9% | +4.5% |
| 2015 | 0.9% | +1.8% |
| 2016 | 0.9% | -1.3% |
| 2017 | 0.8% | -11.8% |
| 2018 | 0.7% | -12.2% |
| 2019 | 0.7% | -1.1% |
| 2020 | 0.7% | +7.3% |
| 2021 | 0.6% | -12.7% |
| 2022 | 0.5% | -17.0% |
| 2023 | 0.5% | +5.6% |
| 2024 | 0.7% | +36.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 6.1% | 5.8% | 6.3% | 3 |
| 1990s | 2.2% | 1.6% | 4.3% | 10 |
| 2000s | 1.3% | 0.6% | 2.0% | 10 |
| 2010s | 0.8% | 0.7% | 0.9% | 10 |
| 2020s | 0.6% | 0.5% | 0.7% | 5 |
Countries ranked near Mongolia
- 136 Indonesia 0.8% compare
- 137 Cote d'Ivoire 0.8% compare
- 138 Bosnia and Herzegovina 0.7% compare
- 140 Benin 0.7% compare
- 141 Switzerland 0.7% compare
- 142 Liberia 0.7% compare
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), annual growth rate 62.24 % change on previous year (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)
Frequently asked questions
- What is military expenditure in Mongolia?
- Military expenditure in Mongolia was 0.7% 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 6.3% in 1988.
- What is the lowest military expenditure recorded in Mongolia?
- The lowest recorded value was 0.5% in 2022.
- How does Mongolia rank for military expenditure?
- Mongolia ranks 139th out of 164 countries with data for 2024.
- Is military expenditure rising or falling in Mongolia?
- Over the last ten years it is down 13.7%. 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 (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Military expenditure by country as percentage of gross domestic product