Mongolia Military Spending/Defense Budget 1987-2024

Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country).
  • Mongolia military spending/defense budget for 2021 was $0.11B, a 3.49% decline from 2020.
  • Mongolia military spending/defense budget for 2020 was $0.11B, a 12.48% increase from 2019.
  • Mongolia military spending/defense budget for 2019 was $0.10B, a 3.81% increase from 2018.
  • Mongolia military spending/defense budget for 2018 was $0.10B, a 9.78% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
India $76.60B
Pakistan $11.30B
Indonesia $8.26B
Ukraine $5.94B
Morocco $5.38B
Egypt $5.17B
Bangladesh $4.88B
Nigeria $4.47B
Philippines $4.09B
Myanmar $2.11B
Sri Lanka $1.56B
Tunisia $1.25B
Kenya $1.11B
Angola $0.98B
Cambodia $0.64B
Bolivia $0.63B
Cameroon $0.44B
Honduras $0.44B
El Salvador $0.38B
Sudan $0.38B
Republic of Congo $0.31B
Georgia $0.30B
Ghana $0.30B
Zambia $0.28B
Mauritania $0.23B
Kyrgyz Republic $0.12B
Mongolia $0.11B
Papua New Guinea $0.09B
Eswatini $0.08B
Kosovo $0.08B
Nicaragua $0.08B
Moldova $0.05B
Timor-Leste $0.04B
Lesotho $0.04B
Cabo Verde $0.01B
Mongolia Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2021 $0.11B 0.66%
2020 $0.11B 0.77%
2019 $0.10B 0.71%
2018 $0.10B 0.73%
2017 $0.09B 0.77%
2016 $0.10B 0.86%
2015 $0.10B 0.87%
2014 $0.11B 0.86%
2013 $0.10B 0.82%
2012 $0.11B 0.92%
2011 $0.09B 0.84%
2010 $0.05B 0.76%
2009 $0.04B 0.63%
2008 $0.07B 0.82%
2007 $0.06B 1.05%
2006 $0.04B 0.96%
2005 $0.03B 1.02%
2004 $0.03B 1.38%
2003 $0.02B 1.51%
2002 $0.03B 1.80%
2001 $0.02B 1.78%
2000 $0.02B 2.02%
1999 $0.02B 1.84%
1998 $0.02B 1.91%
1997 $0.02B 1.64%
1996 $0.02B 1.78%
1995 $0.02B 1.62%
1994 $0.02B 1.65%
1993 $0.01B 1.71%
1992 $0.03B 1.91%
1991 $0.11B 3.23%
1990 $0.00B 4.28%
1989 $0.00B 6.25%
1988 $0.00B 6.34%
1987 $0.00B 5.83%