Statizoid

Military spending, per unit of GDP in Mongolia

Mongolia: Military spending, per unit of GDP was 0.0076 constant 2022 US$ per US$ of GDP in 2023. ◆ Volatile

Latest (2023)
0.0076 constant 2022 US$ per US$ of GDP
Change on year
down 5.4%
World rank
146th
of 170 countries
All-time high
0.2174 constant 2022 US$ per US$ of GDP
in 1984
All-time low
0.0076 constant 2022 US$ per US$ of GDP
in 2023
Years of data
44
1980–2023

Military spending, per unit of GDP in Mongolia, 1980–2023

00.050.10.150.21980200120231980: 0.206 constant 2022 US$ per US$ of GDP1981: 0.2 constant 2022 US$ per US$ of GDP1982: 0.207 constant 2022 US$ per US$ of GDP1983: 0.176 constant 2022 US$ per US$ of GDP1984: 0.217 constant 2022 US$ per US$ of GDP1985: 0.18 constant 2022 US$ per US$ of GDP1986: 0.163 constant 2022 US$ per US$ of GDP1987: 0.167 constant 2022 US$ per US$ of GDP1988: 0.154 constant 2022 US$ per US$ of GDP1989: 0.13 constant 2022 US$ per US$ of GDP1990: 0.139 constant 2022 US$ per US$ of GDP1991: 0.112 constant 2022 US$ per US$ of GDP1992: 0.158 constant 2022 US$ per US$ of GDP1993: 0.054 constant 2022 US$ per US$ of GDP1994: 0.039 constant 2022 US$ per US$ of GDP1995: 0.024 constant 2022 US$ per US$ of GDP1996: 0.023 constant 2022 US$ per US$ of GDP1997: 0.029 constant 2022 US$ per US$ of GDP1998: 0.029 constant 2022 US$ per US$ of GDP1999: 0.031 constant 2022 US$ per US$ of GDP2000: 0.031 constant 2022 US$ per US$ of GDP2001: 0.03 constant 2022 US$ per US$ of GDP2002: 0.026 constant 2022 US$ per US$ of GDP2003: 0.017 constant 2022 US$ per US$ of GDP2004: 0.015 constant 2022 US$ per US$ of GDP2005: 0.014 constant 2022 US$ per US$ of GDP2006: 0.014 constant 2022 US$ per US$ of GDP2007: 0.014 constant 2022 US$ per US$ of GDP2008: 0.011 constant 2022 US$ per US$ of GDP2009: 0.012 constant 2022 US$ per US$ of GDP2010: 0.009 constant 2022 US$ per US$ of GDP2011: 0.009 constant 2022 US$ per US$ of GDP2012: 0.01 constant 2022 US$ per US$ of GDP2013: 0.01 constant 2022 US$ per US$ of GDP2014: 0.01 constant 2022 US$ per US$ of GDP2015: 0.01 constant 2022 US$ per US$ of GDP2016: 0.011 constant 2022 US$ per US$ of GDP2017: 0.01 constant 2022 US$ per US$ of GDP2018: 0.009 constant 2022 US$ per US$ of GDP2019: 0.009 constant 2022 US$ per US$ of GDP2020: 0.01 constant 2022 US$ per US$ of GDP2021: 0.009 constant 2022 US$ per US$ of GDP2022: 0.008 constant 2022 US$ per US$ of GDP2023: 0.008 constant 2022 US$ per US$ of GDP

Source: Statizoid (derived). Measured in constant 2022 US$ per US$ of GDP.

Analysis

In 2023, military spending, per unit of gdp in Mongolia stood at 0.0076 constant 2022 US$ per US$ of GDP. That is the lowest value across all 44 years on record.

Compared with earlier readings it is down 5.4% on the previous year and down 27.2% over ten years.

Over the whole period, military spending, per unit of gdp in Mongolia peaked at 0.2174 constant 2022 US$ per US$ of GDP in 1984 and was at its lowest, 0.0076 constant 2022 US$ per US$ of GDP, in 2023.

Mongolia ranks 146th 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.

Military spending, per unit of GDP in Mongolia, year by year

Year constant 2022 US$ per US$ of GDP Change
1980 0.2059 constant 2022 US$ per US$ of GDP —
1981 0.2002 constant 2022 US$ per US$ of GDP -2.8%
1982 0.2068 constant 2022 US$ per US$ of GDP +3.3%
1983 0.176 constant 2022 US$ per US$ of GDP -14.9%
1984 0.2174 constant 2022 US$ per US$ of GDP +23.5%
1985 0.1802 constant 2022 US$ per US$ of GDP -17.1%
1986 0.1629 constant 2022 US$ per US$ of GDP -9.6%
1987 0.1665 constant 2022 US$ per US$ of GDP +2.2%
1988 0.1537 constant 2022 US$ per US$ of GDP -7.7%
1989 0.1301 constant 2022 US$ per US$ of GDP -15.3%
1990 0.1394 constant 2022 US$ per US$ of GDP +7.2%
1991 0.1116 constant 2022 US$ per US$ of GDP -19.9%
1992 0.1577 constant 2022 US$ per US$ of GDP +41.3%
1993 0.0537 constant 2022 US$ per US$ of GDP -65.9%
1994 0.0387 constant 2022 US$ per US$ of GDP -27.9%
1995 0.0244 constant 2022 US$ per US$ of GDP -36.9%
1996 0.0233 constant 2022 US$ per US$ of GDP -4.5%
1997 0.0288 constant 2022 US$ per US$ of GDP +23.6%
1998 0.0293 constant 2022 US$ per US$ of GDP +1.8%
1999 0.0315 constant 2022 US$ per US$ of GDP +7.2%
2000 0.0313 constant 2022 US$ per US$ of GDP -0.6%
2001 0.0299 constant 2022 US$ per US$ of GDP -4.5%
2002 0.0261 constant 2022 US$ per US$ of GDP -12.7%
2003 0.0171 constant 2022 US$ per US$ of GDP -34.6%
2004 0.0151 constant 2022 US$ per US$ of GDP -11.6%
2005 0.0139 constant 2022 US$ per US$ of GDP -7.5%
2006 0.0137 constant 2022 US$ per US$ of GDP -1.5%
2007 0.0137 constant 2022 US$ per US$ of GDP -0.6%
2008 0.0111 constant 2022 US$ per US$ of GDP -18.5%
2009 0.0124 constant 2022 US$ per US$ of GDP +11.4%
2010 0.0091 constant 2022 US$ per US$ of GDP -26.9%
2011 0.0095 constant 2022 US$ per US$ of GDP +4.4%
2012 0.0098 constant 2022 US$ per US$ of GDP +4.1%
2013 0.0104 constant 2022 US$ per US$ of GDP +5.4%
2014 0.01 constant 2022 US$ per US$ of GDP -3.6%
2015 0.0101 constant 2022 US$ per US$ of GDP +0.9%
2016 0.0111 constant 2022 US$ per US$ of GDP +10.3%
2017 0.0101 constant 2022 US$ per US$ of GDP -9.0%
2018 0.0093 constant 2022 US$ per US$ of GDP -7.9%
2019 0.0094 constant 2022 US$ per US$ of GDP +1.2%
2020 0.01 constant 2022 US$ per US$ of GDP +6.4%
2021 0.0088 constant 2022 US$ per US$ of GDP -12.8%
2022 0.008 constant 2022 US$ per US$ of GDP -8.8%
2023 0.0076 constant 2022 US$ per US$ of GDP -5.4%

Mongolia compared with similar countries

  • Mongolia's 0.0076 constant 2022 US$ per US$ of GDP is below the median for upper middle income countries, which is 0.0152 constant 2022 US$ per US$ of GDP, 50% of the median. (49 countries reporting)
  • Mongolia's 0.0076 constant 2022 US$ per US$ of GDP is below the median for East Asia & Pacific, which is 0.016 constant 2022 US$ per US$ of GDP, 47% of the median. (19 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.18 constant 2022 US$ per US$ of GDP 0.1301 constant 2022 US$ per US$ of GDP 0.2174 constant 2022 US$ per US$ of GDP 10
1990s 0.0639 constant 2022 US$ per US$ of GDP 0.0233 constant 2022 US$ per US$ of GDP 0.1577 constant 2022 US$ per US$ of GDP 10
2000s 0.0184 constant 2022 US$ per US$ of GDP 0.0111 constant 2022 US$ per US$ of GDP 0.0313 constant 2022 US$ per US$ of GDP 10
2010s 0.0099 constant 2022 US$ per US$ of GDP 0.0091 constant 2022 US$ per US$ of GDP 0.0111 constant 2022 US$ per US$ of GDP 10
2020s 0.0086 constant 2022 US$ per US$ of GDP 0.0076 constant 2022 US$ per US$ of GDP 0.01 constant 2022 US$ per US$ of GDP 4

Countries ranked near Mongolia

  1. 143 Switzerland 0.008 constant 2022 US$ per US$ of GDP compare
  2. 144 Gambia 0.0078 constant 2022 US$ per US$ of GDP compare
  3. 145 Madagascar 0.0077 constant 2022 US$ per US$ of GDP compare
  4. 147 Luxembourg 0.0072 constant 2022 US$ per US$ of GDP compare
  5. 148 Benin 0.0072 constant 2022 US$ per US$ of GDP compare
  6. 149 Costa Rica 0.0069 constant 2022 US$ per US$ of GDP compare

See the full ranking of 170 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is military spending, per unit of gdp in Mongolia?
Military spending, per unit of gdp in Mongolia was 0.0076 constant 2022 US$ per US$ of GDP in 2023, according to Statizoid (derived).
What is the highest military spending, per unit of gdp recorded in Mongolia?
The highest recorded value was 0.2174 constant 2022 US$ per US$ of GDP in 1984.
What is the lowest military spending, per unit of gdp recorded in Mongolia?
The lowest recorded value was 0.0076 constant 2022 US$ per US$ of GDP in 2023.
How does Mongolia rank for military spending, per unit of gdp?
Mongolia ranks 146th out of 170 countries with data for 2023.
Is military spending, per unit of gdp rising or falling in Mongolia?
Over the last ten years it is down 27.2%. The long-run trend across the full record is volatile.
Where does this Mongolia data come from?
The figures come from Statizoid (derived), published as part of Military spending, per unit of GDP. Statizoid updates them automatically from the source API.

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Military spending, per unit of GDP in Mongolia. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-per-unit-of-gdp-2/mongolia/

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How this figure is calculated

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Military spending ÷ GDP (current US$)

Computed from

  • Military spending Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data
  • GDP Country official statistics, National Statistical Organizations and/or Central Banks

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, per unit of GDP
Unit
constant 2022 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
170 places, 9,064 data points, 1960–2023
Last refreshed

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.