Mongolia Military Spending
Mongolia military spending data with historical trend, latest available year, ranking, source notes and country comparison. Latest value: 0.74%.
Mongolia · Economic Stability Rating
Composite rating based on inflation, growth, debt, unemployment and current account.
Mongolia · military spending data as percent of GDP.
Countries by military spending
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Gerhard Merk Financial DictionaryLinks connect the economic dataset with related definitions in the Gerhard Merk financial terminology collection.
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Prices & Inflation3
Growth & Output9
Public Finance8
Labor Market6
External Sector5
Monetary & Financial7
Population & Society7
Energy & Environment2
Interpretation
Mongolia recorded 0.74% for Military Spending in 2024, the latest available observation in this dataset.
Compared with 2023, the indicator increased by 0.20 percentage points, from 0.54% to 0.74%.
The latest observation is above the average of the last 10 available observations (0.70%).
Across the five latest available observations (2020–2024), the pattern is higher overall, but uneven.
Within the last 10 available observations, the low was 0.51% in 2022 and the high was 0.88% in 2015.