Malawi vs Mongolia: Military spending

Malawi
142.12 million constant 2022 US$
in 2023
Mongolia
153.56 million constant 2022 US$
in 2023
Malawi rank
139th
Mongolia rank
137th

Military spending over time

  • Malawi
  • Mongolia
0200.0M400.0M600.0M192119722023

How they compare

Mongolia currently reports 153.56 million constant 2022 US$ against 142.12 million constant 2022 US$ in Malawi, a difference of 11.43 million constant 2022 US$.

That makes Mongolia's figure about 1.1 times Malawi's.

The two have swapped places 2 times across 60 shared years of data; in 1964 it was Mongolia ahead.

Malawi ranks 139th and Mongolia ranks 137th of 172 countries.

Mongolia has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade Malawi Mongolia Difference Ahead
1960s 8.78 million constant 2022 US$ 147.80 million constant 2022 US$ 139.02 million constant 2022 US$ Mongolia
1970s 32.25 million constant 2022 US$ 334.41 million constant 2022 US$ 302.16 million constant 2022 US$ Mongolia
1980s 55.49 million constant 2022 US$ 468.57 million constant 2022 US$ 413.07 million constant 2022 US$ Mongolia
1990s 32.97 million constant 2022 US$ 107.48 million constant 2022 US$ 74.50 million constant 2022 US$ Mongolia
2000s 33.68 million constant 2022 US$ 42.64 million constant 2022 US$ 8.97 million constant 2022 US$ Mongolia
2010s 55.52 million constant 2022 US$ 115.21 million constant 2022 US$ 59.70 million constant 2022 US$ Mongolia
2020s 121.52 million constant 2022 US$ 139.46 million constant 2022 US$ 17.94 million constant 2022 US$ Mongolia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, Malawi or Mongolia?
Mongolia, at 153.56 million constant 2022 US$ against 142.12 million constant 2022 US$ in Malawi as of 2023.
What is the difference in military spending between Malawi and Mongolia?
11.43 million constant 2022 US$, with Mongolia ahead.
How many years of comparable data are there for Malawi and Mongolia?
60 years are reported by both, from 1964 to 2023.
How do Malawi and Mongolia rank globally for military spending?
Malawi ranks 139th 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

Share, cite or embed this page

Cite this page

Malawi vs Mongolia: Military spending. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 22 September 2026, from https://reference.statizoid.com/compare/military-spending-gmsd/malawi/mongolia/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Our World in Data); please keep the attribution.

<a href="https://reference.statizoid.com/compare/military-spending-gmsd/malawi/mongolia/">Malawi vs Mongolia: Military spending</a> — Statizoid

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.