Military spending gmsd in Mongolia

Mongolia: Military spending gmsd was 153.56 million in 2023. ◆ Volatile

Latest (2023)
153.56 million
Change on year
up 12.2%
World rank
137th
of 172 countries
All-time high
527.84 million
in 1982
All-time low
27.21 million
in 2003
Years of data
103
1921–2023

Military spending gmsd in Mongolia, 1921–2023

0200.0M400.0M600.0M192119722023

Source: Our World in Data.

Analysis

In 2023, military spending gmsd in Mongolia stood at 153.56 million.

That represents a change of up 12.2% on the previous year and up 17.6% over ten years.

Over the whole period, military spending gmsd in Mongolia peaked at 527.84 million in 1982 and was at its lowest, 27.21 million, in 2003.

Mongolia ranks 137th of 172 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Military spending gmsd in Mongolia, year by year

Annual values for Military spending gmsd in Mongolia, 1921 to 2023.
Year Value Change
1921 70.84 million —
1922 74.67 million +5.4%
1923 70.93 million -5.0%
1924 74.40 million +4.9%
1925 80.89 million +8.7%
1926 87.53 million +8.2%
1927 95.98 million +9.7%
1928 98.86 million +3.0%
1929 103.14 million +4.3%
1930 114.35 million +10.9%
1931 121.10 million +5.9%
1932 121.94 million +0.7%
1933 124.94 million +2.5%
1934 156.56 million +25.3%
1935 190.35 million +21.6%
1936 234.34 million +23.1%
1937 274.45 million +17.1%
1938 337.16 million +22.8%
1939 352.43 million +4.5%
1940 396.31 million +12.5%
1941 396.42 million +0.0%
1942 378.32 million -4.6%
1943 381.41 million +0.8%
1944 417.19 million +9.4%
1945 484.03 million +16.0%
1946 414.08 million -14.5%
1947 372.50 million -10.0%
1948 343.17 million -7.9%
1949 87.80 million -74.4%
1950 78.85 million -10.2%
1951 79.33 million +0.6%
1952 232.39 million +192.9%
1953 227.72 million -2.0%
1954 186.91 million -17.9%
1955 196.72 million +5.2%
1956 184.11 million -6.4%
1957 205.52 million +11.6%
1958 145.57 million -29.2%
1959 119.39 million -18.0%
1960 111.41 million -6.7%
1961 120.48 million +8.1%
1962 124.95 million +3.7%
1963 124.62 million -0.3%
1964 139.90 million +12.3%
1965 137.94 million -1.4%
1966 125.76 million -8.8%
1967 135.66 million +7.9%
1968 159.79 million +17.8%
1969 187.77 million +17.5%
1970 213.96 million +13.9%
1971 228.07 million +6.6%
1972 248.79 million +9.1%
1973 259.27 million +4.2%
1974 324.00 million +25.0%
1975 352.20 million +8.7%
1976 412.26 million +17.1%
1977 433.22 million +5.1%
1978 424.46 million -2.0%
1979 447.89 million +5.5%
1980 432.78 million -3.4%
1981 462.45 million +6.9%
1982 527.84 million +14.1%
1983 479.66 million -9.1%
1984 456.17 million -4.9%
1985 394.05 million -13.6%
1986 471.77 million +19.7%
1987 503.06 million +6.6%
1988 492.52 million -2.1%
1989 465.38 million -5.5%
1990 357.02 million -23.3%
1991 265.56 million -25.6%
1992 207.81 million -21.7%
1993 41.29 million -80.1%
1994 35.85 million -13.2%
1995 35.49 million -1.0%
1996 31.39 million -11.5%
1997 34.06 million +8.5%
1998 33.00 million -3.1%
1999 33.28 million +0.8%
2000 35.58 million +6.9%
2001 37.89 million +6.5%
2002 36.43 million -3.9%
2003 27.21 million -25.3%
2004 30.03 million +10.4%
2005 35.17 million +17.1%
2006 46.88 million +33.3%
2007 57.82 million +23.3%
2008 62.58 million +8.2%
2009 56.85 million -9.2%
2010 65.16 million +14.6%
2011 98.52 million +51.2%
2012 121.06 million +22.9%
2013 130.57 million +7.9%
2014 122.25 million -6.4%
2015 117.19 million -4.1%
2016 124.36 million +6.1%
2017 116.20 million -6.6%
2018 122.82 million +5.7%
2019 134.00 million +9.1%
2020 133.60 million -0.3%
2021 133.82 million +0.2%
2022 136.88 million +2.3%
2023 153.56 million +12.2%

Mongolia compared with similar countries

  • Mongolia's 153.56 million is below the median for upper middle income countries, which is 1.25 billion, 12% of the median. (49 countries reporting)
  • Mongolia's 153.56 million is below the median for East Asia & Pacific, which is 4.15 billion, 4% of the median. (20 countries reporting)

Biggest year-on-year movements

Years where Military spending gmsd in Mongolia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1952 +192.9% 79.33 million 232.39 million
1993 -80.1% 207.81 million 41.29 million
1949 -74.4% 343.17 million 87.80 million

Averages by decade

DecadeAverage LowestHighest Years
1920s 84.14 million 70.84 million 103.14 million 9
1930s 202.76 million 114.35 million 352.43 million 10
1940s 367.13 million 87.80 million 484.03 million 10
1950s 165.65 million 78.85 million 232.39 million 10
1960s 136.83 million 111.41 million 187.77 million 10
1970s 334.41 million 213.96 million 447.89 million 10
1980s 468.57 million 394.05 million 527.84 million 10
1990s 107.48 million 31.39 million 357.02 million 10
2000s 42.64 million 27.21 million 62.58 million 10
2010s 115.21 million 65.16 million 134.00 million 10
2020s 139.46 million 133.60 million 153.56 million 4

Countries ranked near Mongolia

  1. 134 Equatorial Guinea 195.85 million compare
  2. 135 Tajikistan 177.78 million compare
  3. 136 Cuba 155.63 million compare
  4. 138 Somalia 149.19 million compare
  5. 139 Malawi 142.12 million compare
  6. 140 Benin 140.87 million compare

See the full ranking of 172 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is military spending gmsd in Mongolia?
Military spending gmsd in Mongolia was 153.56 million in 2023, according to Our World in Data.
What is the highest military spending gmsd recorded in Mongolia?
The highest recorded value was 527.84 million in 1982.
What is the lowest military spending gmsd recorded in Mongolia?
The lowest recorded value was 27.21 million in 2003.
How does Mongolia rank for military spending gmsd?
Mongolia ranks 137th out of 172 countries with data for 2023.
Is military spending gmsd rising or falling in Mongolia?
Over the last ten years it is up 17.6%. The long-run trend across the full record is volatile.
Where does this Mongolia data come from?
The figures come from Our World in Data, published as part of Military spending gmsd. Statizoid updates them automatically from the source API.

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Military spending gmsd in Mongolia. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/mongolia/

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About this data

Indicator
Military spending gmsd
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed