Military spending per military personnel in Mongolia

Mongolia: Military spending per military personnel was 13,688 constant 2022 US$ in 2022. β—† Volatile

Latest (2022)
13,688 constant 2022 US$
Change on year
up 2.3%
World rank
135th
of 170 countries
All-time high
176,213 constant 2022 US$
in 1939
All-time low
1,570 constant 2022 US$
in 1996
Years of data
89
1922–2022

Military spending per military personnel in Mongolia, 1922–2022

050.0k100.0k150.0k200.0k192219722022

Source: Barnum et al. - Global Military Spending Dataset (2025); Correlates of War - National Material Capabilities Version 7.0 (2026) – with major processing by Our World in Data. Measured in constant 2022 US$.

Analysis

The most recent figure for military spending per military personnel in Mongolia is 13,688 constant 2022 US$, measured in 2022.

The figure is up 2.3% on the previous year and up 13.1% over ten years.

Over the whole period, military spending per military personnel in Mongolia peaked at 176,213 constant 2022 US$ in 1939 and was at its lowest, 1,570 constant 2022 US$, in 1996.

Mongolia ranks 135th of 170 countries on this measure, in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1920s 25,486 constant 2022 US$ 5,646 constant 2022 US$ 74,668 constant 2022 US$ 8
1930s 101,380 constant 2022 US$ 57,176 constant 2022 US$ 176,213 constant 2022 US$ 10
1940s 6,682 constant 2022 US$ 5,215 constant 2022 US$ 8,780 constant 2022 US$ 3
1950s 10,703 constant 2022 US$ 5,427 constant 2022 US$ 17,876 constant 2022 US$ 10
1960s 4,570 constant 2022 US$ 4,451 constant 2022 US$ 4,663 constant 2022 US$ 5
1970s 9,901 constant 2022 US$ 6,484 constant 2022 US$ 16,491 constant 2022 US$ 10
1980s 13,190 constant 2022 US$ 10,370 constant 2022 US$ 15,721 constant 2022 US$ 10
1990s 4,246 constant 2022 US$ 1,570 constant 2022 US$ 11,157 constant 2022 US$ 10
2000s 4,738 constant 2022 US$ 3,023 constant 2022 US$ 6,953 constant 2022 US$ 10
2010s 11,521 constant 2022 US$ 6,516 constant 2022 US$ 13,400 constant 2022 US$ 10
2020s 13,476 constant 2022 US$ 13,360 constant 2022 US$ 13,688 constant 2022 US$ 3

Countries ranked near Mongolia

  1. 132 Eswatini 14,902 constant 2022 US$ compare
  2. 133 Panama 14,277 constant 2022 US$ compare
  3. 134 Vietnam 13,988 constant 2022 US$ compare
  4. 136 Cape Verde 13,623 constant 2022 US$ compare
  5. 137 Moldova 13,498 constant 2022 US$ compare
  6. 138 South Sudan 12,346 constant 2022 US$ compare

See the full ranking of 170 places β†’

More reference data data for Mongolia

All data for Mongolia β†’

Frequently asked questions

What is military spending per military personnel in Mongolia?
Military spending per military personnel in Mongolia was 13,688 constant 2022 US$ in 2022, according to Barnum et al. - Global Military Spending Dataset (2025); Correlates of War - National Material Capabilities Version 7.0 (2026) – with major processing by Our World in Data.
What is the highest military spending per military personnel recorded in Mongolia?
The highest recorded value was 176,213 constant 2022 US$ in 1939.
What is the lowest military spending per military personnel recorded in Mongolia?
The lowest recorded value was 1,570 constant 2022 US$ in 1996.
How does Mongolia rank for military spending per military personnel?
Mongolia ranks 135th out of 170 countries with data for 2022.
Is military spending per military personnel rising or falling in Mongolia?
Over the last ten years it is up 13.1%. The long-run trend across the full record is volatile.
Where does this Mongolia data come from?
The figures come from Barnum et al. - Global Military Spending Dataset (2025); Correlates of War - National Material Capabilities Version 7.0 (2026) – with major processing by Our World in Data, published as part of Military spending per military personnel. Statizoid updates them automatically from the source API.

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About this data

Indicator
Military spending per military personnel
Unit
constant 2022 US$
Source
Barnum et al. - Global Military Spending Dataset (2025); Correlates of War - National Material Capabilities Version 7.0 (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
170 places, 14,182 data points, 1816–2022
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.