Economy
The World Bank — World Development Indicators (CC BY 4.0) · updated 2024-12-31
Mongolia's military expenditure stands at 0.7423% as of 2024-12-31, up from 0.5426% in 2023. Historical data runs from 1987 to 2024 (38 observations).
In 2024, Mongolia's military expenditure was 0.7423%, up from 0.5426% in 2023.
In 2023, Mongolia's military expenditure was 0.5426%, up from 0.5139% in 2022.
In 2022, Mongolia's military expenditure was 0.5139%, down from 0.6195% in 2021.
In 2021, Mongolia's military expenditure was 0.6195%, down from 0.7099% in 2020.
In 2020, Mongolia's military expenditure was 0.7099%, up from 0.6615% in 2019.
| Year | Value | Change |
|---|---|---|
| 2024 | 0.7423% | +0.1997% |
| 2023 | 0.5426% | +0.0286% |
| 2022 | 0.5139% | -0.1056% |
| 2021 | 0.6195% | -0.0904% |
| 2020 | 0.7099% | +0.0484% |
| 2019 | 0.6615% | -0.0074% |
| 2018 | 0.669% | -0.0932% |
| 2017 | 0.7622% | -0.1018% |
| 2016 | 0.8639% | -0.0116% |
| 2015 | 0.8755% | +0.0158% |
| 2014 | 0.8597% | +0.0374% |
| 2013 | 0.8223% | -0.102% |
| 2012 | 0.9243% | +0.087% |
| 2011 | 0.8373% | +0.0743% |
| 2010 | 0.763% | +0.1333% |
| 2009 | 0.6297% | -0.1936% |
| 2008 | 0.8233% | -0.23% |
| 2007 | 1.05% | +0.0916% |
| 2006 | 0.9617% | -0.0556% |
| 2005 | 1.02% | -0.3654% |
| 2004 | 1.38% | -0.127% |
| 2003 | 1.51% | -0.2859% |
| 2002 | 1.8% | +0.0139% |
| 2001 | 1.78% | -0.2408% |
| 2000 | 2.02% | +0.1875% |
| 1999 | 1.84% | -0.0715% |
| 1998 | 1.91% | +0.2678% |
| 1997 | 1.64% | -0.1382% |
| 1996 | 1.78% | +0.1564% |
| 1995 | 1.62% | -0.0338% |
| 1994 | 1.65% | -0.058% |
| 1993 | 1.71% | -0.1971% |
| 1992 | 1.91% | -1.32% |
| 1991 | 3.23% | -1.05% |
| 1990 | 4.28% | -1.97% |
| 1989 | 6.25% | -0.09% |
| 1988 | 6.34% | +0.5074% |
| 1987 | 5.83% | — |
The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).
Mongolia's military expenditure is 0.7423% as of 2024-12-31, compared with 0.5426% in 2023. The World Bank — World Development Indicators (CC BY 4.0)
The highest recorded value is 6.34% (1988); the lowest is 0.5139% (2022), across data from 1987 to 2024.
The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.