Military expenditure in dollars — all countries

Military expenditure in dollars — Mongolia

Military expenditure in dollars in Mongolia in 2024 — 180,843,441 US$. Ranked 121 in the world out of 151.

2024 181M US$ +62.24% vs 2023
World rank 121of 151
Period maximum 181M US$2024
Period minimum 0 US$1987

Trend over time

1987–2024 · US$

Military expenditure in dollars — Mongolia, 1987–2024050M100M150M200M19871991199519992003200720112015201920231987: 0 US$1988: 0 US$1989: 0 US$1990: 0 US$1991: 110,838,315 US$1992: 33,041,891 US$1993: 14,057,103 US$1994: 16,393,641 US$1995: 21,281,149 US$1996: 21,608,197 US$1997: 18,692,594 US$1998: 19,920,840 US$1999: 18,021,862 US$2000: 24,265,560 US$2001: 23,124,715 US$2002: 25,282,128 US$2003: 24,333,211 US$2004: 27,749,093 US$2005: 29,797,967 US$2006: 39,189,624 US$2007: 56,561,859 US$2008: 66,749,871 US$2009: 37,633,746 US$2010: 54,855,718 US$2011: 87,157,848 US$2012: 113,622,770 US$2013: 103,464,070 US$2014: 105,114,435 US$2015: 101,733,070 US$2016: 96,366,790 US$2017: 87,511,743 US$2018: 88,155,189 US$2019: 93,980,480 US$2020: 95,594,594 US$2021: 97,194,682 US$2022: 89,801,314 US$2023: 111,467,042 US$2024: 180,843,441 US$
Change over the period: +181M

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Mongolia

Mongolia 181M US$
World 2.65T US$
Lower-middle-income countries computed 210B US$
Military expenditure in dollars — Mongolia, by year Mongolia All countries CSV XLSX
Year US$ Change Change, %
2024 181M +69.38M +62.24%
2023 111M +21.67M +24.13%
2022 89.8M −7.39M −7.61%
2021 97.19M +1.6M +1.67%
2020 95.59M +1.61M +1.72%
2019 93.98M +5.83M +6.61%
2018 88.16M +643,446 +0.74%
2017 87.51M −8.86M −9.19%
2016 96.37M −5.37M −5.27%
2015 102M −3.38M −3.22%
2014 105M +1.65M +1.6%
2013 103M −10.16M −8.94%
2012 114M +26.46M +30.36%
2011 87.16M +32.3M +58.89%
2010 54.86M +17.22M +45.76%
2009 37.63M −29.12M −43.62%
2008 66.75M +10.19M +18.01%
2007 56.56M +17.37M +44.33%
2006 39.19M +9.39M +31.52%
2005 29.8M +2.05M +7.38%
2004 27.75M +3.42M +14.04%
2003 24.33M −948,917 −3.75%
2002 25.28M +2.16M +9.33%
2001 23.12M −1.14M −4.7%
2000 24.27M +6.24M +34.65%
1999 18.02M −1.9M −9.53%
1998 19.92M +1.23M +6.57%
1997 18.69M −2.92M −13.49%
1996 21.61M +327,048 +1.54%
1995 21.28M +4.89M +29.81%
1994 16.39M +2.34M +16.62%
1993 14.06M −18.98M −57.46%
1992 33.04M −77.8M −70.19%
1991 111M +111M
1990 0 +0
1989 0 +0
1988 0 +0
1987 0

Eastern Asia, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

Military expenditure in current US dollars under the SIPRI definition. It allows absolute defense budgets to be compared, but not military capability: the purchasing power of the dollar in defense differs widely between countries, so equal budgets buy different amounts of personnel and equipment.

Source: Military Expenditure Database (SIPRI), license SIPRI terms of use.