Military spending, gaps filled in Mongolia

Mongolia: Military spending, gaps filled was 213.76 million constant 2024 US$ in 2025. ▲ Rising

Latest (2025)
213.76 million constant 2024 US$
Change on year
up 19.1%
World rank
124th
of 162 countries
All-time high
213.76 million constant 2024 US$
in 2025
All-time low
37.17 million constant 2024 US$
in 1994
Years of data
36
1990–2025

Military spending, gaps filled in Mongolia, 1990–2025

50.0M100.0M150.0M200.0M1990200720251990: 149.8M constant 2024 US$1991: 101.8M constant 2024 US$1992: 44.9M constant 2024 US$1993: 42.7M constant 2024 US$1994: 37.2M constant 2024 US$1995: 52.4M constant 2024 US$1996: 44.3M constant 2024 US$1997: 40.4M constant 2024 US$1998: 41.9M constant 2024 US$1999: 42.9M constant 2024 US$2000: 54.5M constant 2024 US$2001: 49.8M constant 2024 US$2002: 54.6M constant 2024 US$2003: 51.6M constant 2024 US$2004: 56.2M constant 2024 US$2005: 54.4M constant 2024 US$2006: 66.7M constant 2024 US$2007: 87.1M constant 2024 US$2008: 80.0M constant 2024 US$2009: 51.7M constant 2024 US$2010: 64.6M constant 2024 US$2011: 88.3M constant 2024 US$2012: 108.1M constant 2024 US$2013: 100.0M constant 2024 US$2014: 107.9M constant 2024 US$2015: 107.1M constant 2024 US$2016: 109.6M constant 2024 US$2017: 108.5M constant 2024 US$2018: 103.7M constant 2024 US$2019: 111.0M constant 2024 US$2020: 114.9M constant 2024 US$2021: 110.2M constant 2024 US$2022: 97.5M constant 2024 US$2023: 121.0M constant 2024 US$2024: 179.4M constant 2024 US$2025: 213.8M constant 2024 US$

Source: Statizoid (derived). Measured in constant 2024 US$.

Analysis

Mongolia recorded 213.76 million constant 2024 US$ for military spending, gaps filled in 2025. That is the highest value across all 36 years on record.

That represents a change of up 19.1% on the previous year and up 99.6% over ten years.

Over the whole period, military spending, gaps filled in Mongolia peaked at 213.76 million constant 2024 US$ in 2025 and was at its lowest, 37.17 million constant 2024 US$, in 1994.

Mongolia ranks 124th of 162 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 36 years of available data.

Military spending, gaps filled in Mongolia, year by year

Annual values for Military spending, gaps filled in Mongolia, 1990 to 2025.
Year constant 2024 US$ Change
1990 149.77 million constant 2024 US$
1991 101.83 million constant 2024 US$ -32.0%
1992 44.92 million constant 2024 US$ -55.9%
1993 42.74 million constant 2024 US$ -4.9%
1994 37.17 million constant 2024 US$ -13.0%
1995 52.43 million constant 2024 US$ +41.0%
1996 44.30 million constant 2024 US$ -15.5%
1997 40.43 million constant 2024 US$ -8.7%
1998 41.93 million constant 2024 US$ +3.7%
1999 42.86 million constant 2024 US$ +2.2%
2000 54.49 million constant 2024 US$ +27.1%
2001 49.81 million constant 2024 US$ -8.6%
2002 54.59 million constant 2024 US$ +9.6%
2003 51.61 million constant 2024 US$ -5.5%
2004 56.21 million constant 2024 US$ +8.9%
2005 54.45 million constant 2024 US$ -3.1%
2006 66.69 million constant 2024 US$ +22.5%
2007 87.11 million constant 2024 US$ +30.6%
2008 80.03 million constant 2024 US$ -8.1%
2009 51.71 million constant 2024 US$ -35.4%
2010 64.64 million constant 2024 US$ +25.0%
2011 88.35 million constant 2024 US$ +36.7%
2012 108.06 million constant 2024 US$ +22.3%
2013 99.97 million constant 2024 US$ -7.5%
2014 107.94 million constant 2024 US$ +8.0%
2015 107.08 million constant 2024 US$ -0.8%
2016 109.64 million constant 2024 US$ +2.4%
2017 108.55 million constant 2024 US$ -1.0%
2018 103.74 million constant 2024 US$ -4.4%
2019 111.04 million constant 2024 US$ +7.0%
2020 114.93 million constant 2024 US$ +3.5%
2021 110.24 million constant 2024 US$ -4.1%
2022 97.50 million constant 2024 US$ -11.6%
2023 121.03 million constant 2024 US$ +24.1%
2024 179.45 million constant 2024 US$ +48.3%
2025 213.76 million constant 2024 US$ +19.1%

Mongolia compared with similar countries

  • Mongolia's 213.76 million constant 2024 US$ is below the median for upper middle income countries, which is 1.62 billion constant 2024 US$, 13% of the median. (46 countries reporting)
  • Mongolia's 213.76 million constant 2024 US$ is below the median for East Asia & Pacific, which is 4.65 billion constant 2024 US$, 5% of the median. (19 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 59.84 million constant 2024 US$ 37.17 million constant 2024 US$ 149.77 million constant 2024 US$ 10
2000s 60.67 million constant 2024 US$ 49.81 million constant 2024 US$ 87.11 million constant 2024 US$ 10
2010s 100.90 million constant 2024 US$ 64.64 million constant 2024 US$ 111.04 million constant 2024 US$ 10
2020s 139.49 million constant 2024 US$ 97.50 million constant 2024 US$ 213.76 million constant 2024 US$ 6

Countries ranked near Mongolia

  1. 121 Guyana 239.86 million constant 2024 US$ compare
  2. 122 Trinidad and Tobago 227.77 million constant 2024 US$ compare
  3. 123 Tajikistan 219.76 million constant 2024 US$ compare
  4. 125 Bosnia and Herzegovina 213.42 million constant 2024 US$ compare
  5. 126 Benin 203.74 million constant 2024 US$ compare
  6. 127 Rwanda 194.02 million constant 2024 US$ compare

See the full ranking of 162 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is military spending, gaps filled in Mongolia?
Military spending, gaps filled in Mongolia was 213.76 million constant 2024 US$ in 2025, according to Statizoid (derived).
What is the highest military spending, gaps filled recorded in Mongolia?
The highest recorded value was 213.76 million constant 2024 US$ in 2025.
What is the lowest military spending, gaps filled recorded in Mongolia?
The lowest recorded value was 37.17 million constant 2024 US$ in 1994.
How does Mongolia rank for military spending, gaps filled?
Mongolia ranks 124th out of 162 countries with data for 2025.
Is military spending, gaps filled rising or falling in Mongolia?
Over the last ten years it is up 99.6%. The long-run trend across the full record is rising.
Where does this Mongolia data come from?
The figures come from Statizoid (derived), published as part of Military spending, gaps filled. Statizoid updates them automatically from the source API.

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Military spending, gaps filled in Mongolia. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-gaps-filled/mongolia/

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How this figure is calculated

Military spending with 108 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Military spending, gaps filled
Unit
constant 2024 US$
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
162 places, 8,449 data points, 1949–2025
Last refreshed

Military spending with 108 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.