Statizoid

Equatorial Guinea vs Mongolia: Military spending

Equatorial Guinea
195.85 million constant 2022 US$
in 2023
Mongolia
153.56 million constant 2022 US$
in 2023
Equatorial Guinea rank
134th
Mongolia rank
137th

Military spending over time

  • Equatorial Guinea
  • Mongolia
0200.0M400.0M600.0M192119722023

How they compare

Equatorial Guinea currently reports 195.85 million constant 2022 US$ against 153.56 million constant 2022 US$ in Mongolia, a difference of 42.30 million constant 2022 US$.

That makes Equatorial Guinea's figure about 1.3 times Mongolia's.

The two have swapped places 1 time across 56 shared years of data; in 1968 it was Mongolia ahead.

Equatorial Guinea ranks 134th and Mongolia ranks 137th of 172 countries.

Individual pages

About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.