Military expenditure in Mongolia

Mongolia: Military expenditure was 2.0% in 2024. ◆ Volatile

Latest (2024)
2.0%
Change on year
up 17.1%
World rank
145th
of 161 countries
All-time high
14.0%
in 1988
All-time low
1.6%
in 2022
Years of data
37
1988–2024

Military expenditure in Mongolia, 1988–2024

2.557.51012.5151988200620241988: 14 % of general government expenditure1989: 12.6 % of general government expenditure1990: 9.2 % of general government expenditure1991: 8.5 % of general government expenditure1992: 7.2 % of general government expenditure1993: 4.8 % of general government expenditure1994: 5.5 % of general government expenditure1995: 5.5 % of general government expenditure1996: 5.6 % of general government expenditure1997: 5.1 % of general government expenditure1998: 4.9 % of general government expenditure1999: 5.1 % of general government expenditure2000: 6.2 % of general government expenditure2001: 5.2 % of general government expenditure2002: 5.1 % of general government expenditure2003: 4.5 % of general government expenditure2004: 4.4 % of general government expenditure2005: 4.7 % of general government expenditure2006: 4.4 % of general government expenditure2007: 3.8 % of general government expenditure2008: 3.2 % of general government expenditure2009: 2.3 % of general government expenditure2010: 2.4 % of general government expenditure2011: 2.2 % of general government expenditure2012: 2.6 % of general government expenditure2013: 2.6 % of general government expenditure2014: 2.7 % of general government expenditure2015: 2.8 % of general government expenditure2016: 2.2 % of general government expenditure2017: 2.4 % of general government expenditure2018: 2.4 % of general government expenditure2019: 2.1 % of general government expenditure2020: 1.9 % of general government expenditure2021: 2.5 % of general government expenditure2022: 1.6 % of general government expenditure2023: 1.7 % of general government expenditure2024: 2 % of general government expenditure

Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in % of general government expenditure.

Analysis

In 2024, military expenditure in Mongolia stood at 2.0%.

The figure is up 17.1% on the previous year and down 24.7% over ten years.

Over the whole period, military expenditure in Mongolia peaked at 14.0% in 1988 and was at its lowest, 1.6%, in 2022.

That places Mongolia 145th out of 161 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 in Mongolia, year by year

Annual values for Military expenditure (% of general government expenditure) in Mongolia, 1988 to 2024.
Year % of general government expenditure Change
1988 14.0%
1989 12.6% -9.8%
1990 9.2% -27.3%
1991 8.5% -6.8%
1992 7.2% -15.1%
1993 4.8% -34.3%
1994 5.5% +15.7%
1995 5.5% +0.1%
1996 5.6% +1.8%
1997 5.1% -8.5%
1998 4.9% -4.6%
1999 5.1% +4.9%
2000 6.2% +20.4%
2001 5.2% -16.1%
2002 5.1% -1.6%
2003 4.5% -11.1%
2004 4.4% -3.4%
2005 4.7% +7.4%
2006 4.4% -6.8%
2007 3.8% -13.7%
2008 3.2% -16.6%
2009 2.3% -26.6%
2010 2.4% +4.3%
2011 2.2% -8.7%
2012 2.6% +16.1%
2013 2.6% -0.2%
2014 2.7% +4.6%
2015 2.8% +5.0%
2016 2.2% -22.5%
2017 2.4% +8.8%
2018 2.4% -0.6%
2019 2.1% -8.9%
2020 1.9% -9.9%
2021 2.5% +31.0%
2022 1.6% -38.7%
2023 1.7% +10.7%
2024 2.0% +17.1%

Averages by decade

DecadeAverage LowestHighest Years
1980s 13.3% 12.6% 14.0% 2
1990s 6.1% 4.8% 9.2% 10
2000s 4.4% 2.3% 6.2% 10
2010s 2.4% 2.1% 2.8% 10
2020s 2.0% 1.6% 2.5% 5

Countries ranked near Mongolia

  1. 142 South Africa 2.1% compare
  2. 143 Brazil 2.1% compare
  3. 144 Cape Verde 2.0% compare
  4. 146 Luxembourg 2.0% compare
  5. 147 Kazakhstan 1.9% compare
  6. 148 Argentina 1.9% compare

See the full ranking of 204 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 2.0% 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 14.0% in 1988.
What is the lowest military expenditure recorded in Mongolia?
The lowest recorded value was 1.6% in 2022.
How does Mongolia rank for military expenditure?
Mongolia ranks 145th out of 161 countries with data for 2024.
Is military expenditure rising or falling in Mongolia?
Over the last ten years it is down 24.7%. 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 general government expenditure). 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 03 September 2026, from https://public-sector.statizoid.com/stat/military-expenditure-percent-of-general-government-expenditure/mongolia/

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About this data

Indicator
Military expenditure (% of general government expenditure)
Unit
% of general government expenditure
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
204 places, 5,828 data points, 1988–2024
Last refreshed

Military expenditure expressed as a percentage of general government expenditure