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
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$.
That makes Equatorial Guinea's figure about 1.3 times Mongolia's.
The two have swapped places 1 time across 56 shared years of data; in 1968 it was Mongolia ahead.
Equatorial Guinea ranks 134th and Mongolia ranks 137th of 172 countries.
Across the 7 decades both report, Equatorial Guinea averaged higher in 1 and Mongolia in 6.
Head to head by decade
| Decade | Equatorial Guinea | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 24.71 million constant 2022 US$ | 173.78 million constant 2022 US$ | 149.07 million constant 2022 US$ | Mongolia |
| 1970s | 13.68 million constant 2022 US$ | 334.41 million constant 2022 US$ | 320.73 million constant 2022 US$ | Mongolia |
| 1980s | 6.51 million constant 2022 US$ | 468.57 million constant 2022 US$ | 462.06 million constant 2022 US$ | Mongolia |
| 1990s | 5.88 million constant 2022 US$ | 107.48 million constant 2022 US$ | 101.60 million constant 2022 US$ | Mongolia |
| 2000s | 13.30 million constant 2022 US$ | 42.64 million constant 2022 US$ | 29.34 million constant 2022 US$ | Mongolia |
| 2010s | 109.35 million constant 2022 US$ | 115.21 million constant 2022 US$ | 5.86 million constant 2022 US$ | Mongolia |
| 2020s | 199.72 million constant 2022 US$ | 139.46 million constant 2022 US$ | 60.26 million constant 2022 US$ | Equatorial Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military spending, Equatorial Guinea or Mongolia?
- Equatorial Guinea, at 195.85 million constant 2022 US$ against 153.56 million constant 2022 US$ in Mongolia as of 2023.
- What is the difference in military spending between Equatorial Guinea and Mongolia?
- 42.30 million constant 2022 US$, with Equatorial Guinea ahead.
- How many years of comparable data are there for Equatorial Guinea and Mongolia?
- 56 years are reported by both, from 1968 to 2023.
- How do Equatorial Guinea and Mongolia rank globally for military spending?
- Equatorial Guinea ranks 134th and Mongolia ranks 137th of 172 countries.
- Where does this data come from?
- Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as Military spending. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.