Military spending per armed forces personnel in Mongolia
Mongolia: Military spending per armed forces personnel was 6,385 constant 2024 US$ in 2020. ▲ Rising
Military spending per armed forces personnel in Mongolia, 1990–2020
Source: Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data. Measured in constant 2024 US$.
Analysis
Mongolia recorded 6,385 constant 2024 US$ for military spending per armed forces personnel in 2020. That is the highest value across all 31 years on record.
Compared with earlier readings it is up 3.5% on the previous year and up 69.9% over ten years.
Over the whole period, military spending per armed forces personnel in Mongolia peaked at 6,385 constant 2024 US$ in 2020 and was at its lowest, 1,322 constant 2024 US$, in 1996.
Mongolia ranks 138th of 160 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2,536 constant 2024 US$ | 1,322 constant 2024 US$ | 4,680 constant 2024 US$ | 10 |
| 2000s | 3,749 constant 2024 US$ | 3,006 constant 2024 US$ | 5,444 constant 2024 US$ | 10 |
| 2010s | 5,750 constant 2024 US$ | 3,758 constant 2024 US$ | 6,283 constant 2024 US$ | 10 |
| 2020s | 6,385 constant 2024 US$ | 6,385 constant 2024 US$ | 6,385 constant 2024 US$ | 1 |
Countries ranked near Mongolia
More reference data data for Mongolia
- Spring temperature anomalies 1.18 °C (2026)
- Summer temperature anomalies -1.21 °C (2026)
- Temperature anomalies by month -0.0846 °C (2026)
- Universal right to vote in practice 2 (2025)
- Autumn temperature anomalies 0.7275 °C (2025)
- Winter temperature anomalies 1.26 °C (2025)
- Consumer price index 319.47 2010 = 100 (2025)
- Universal right to vote 2 (2025)
- Competitive elections 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is military spending per armed forces personnel in Mongolia?
- Military spending per armed forces personnel in Mongolia was 6,385 constant 2024 US$ in 2020, according to Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data.
- What is the highest military spending per armed forces personnel recorded in Mongolia?
- The highest recorded value was 6,385 constant 2024 US$ in 2020.
- What is the lowest military spending per armed forces personnel recorded in Mongolia?
- The lowest recorded value was 1,322 constant 2024 US$ in 1996.
- How does Mongolia rank for military spending per armed forces personnel?
- Mongolia ranks 138th out of 160 countries with data for 2020.
- Is military spending per armed forces personnel rising or falling in Mongolia?
- Over the last ten years it is up 69.9%. The long-run trend across the full record is rising.
- Where does this Mongolia data come from?
- The figures come from Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data, published as part of Military spending per armed forces personnel. Statizoid updates them automatically from the source API.
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CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total military expenditure divided by armed forces personnel. 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.