Mongolia vs Rwanda: Military spending

Mongolia

213.76 million constant 2024 US$

in 2025

Rwanda

194.02 million constant 2024 US$

in 2025

Mongolia rank

124th

Rwanda rank

127th

Military spending over time

Mongolia
Rwanda

How they compare

Mongolia currently reports 213.76 million constant 2024 US$ against 194.02 million constant 2024 US$ in Rwanda, a difference of 19.74 million constant 2024 US$.

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

The two have swapped places 6 times across 36 shared years of data; in 1990 it was Mongolia ahead.

Mongolia ranks 124th and Rwanda ranks 127th of 162 countries.

Individual pages

About this data

Indicator: Military spending
Unit: constant 2024 US$
Source: Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data
Licence: CC BY 4.0 (Our World in Data)
Coverage: 162 places, 8,341 data points, 1949–2025
Last refreshed: 07 August 2026

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.