Mongolia—Military Spending (% of govt expenditure)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #136 of 151Updated April 2026
Latest Value
2.0%
2024
YoY Change
+17.1%
2023 → 2024
Global Rank
#136
of 151 countries
Maximum
6.2%
2000
Minimum
1.6%
2022
CAGR
-4.6%
25 years
Last
2.0%
Previous
1.7%
Highest
6.2%
Lowest
1.6%
Source
World Bank World Development Indicators
Mongolia's military spending (% of govt expenditure) was 2.0% in 2024, ranking #136 out of 151 countries. This represents a +17.1% change from 2023. Over the past 25 years, the highest recorded value was 6.2% (2000) and the lowest was 1.6% (2022). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 2.0% | +17.1% |
| 2023 | 1.7% | +10.7% |
| 2022 | 1.6% | -38.7% |
| 2021 | 2.5% | +31.0% |
| 2020 | 1.9% | -9.9% |
| 2019 | 2.1% | -8.9% |
| 2018 | 2.4% | -0.6% |
| 2017 | 2.4% | +8.8% |
| 2016 | 2.2% | -22.5% |
| 2015 | 2.8% | +5.0% |
| 2014 | 2.7% | +4.6% |
| 2013 | 2.6% | -0.2% |
| 2012 | 2.6% | +16.1% |
| 2011 | 2.2% | -8.7% |
| 2010 | 2.4% | +4.3% |
| 2009 | 2.3% | -26.6% |
| 2008 | 3.2% | -16.6% |
| 2007 | 3.8% | -13.7% |
| 2006 | 4.4% | -6.8% |
| 2005 | 4.7% | +7.4% |
| 2004 | 4.4% | -3.4% |
| 2003 | 4.5% | -11.1% |
| 2002 | 5.1% | -1.6% |
| 2001 | 5.2% | -16.1% |
| 2000 | 6.2% |
Top Countries — Military Spending (% of govt expenditure)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Ukraine | 54.0% | 2024 |
| 2 | Belarus | 50.7% | 2024 |
| 3 | Myanmar | 29.1% | 2024 |
| 4 | Qatar | 26.9% | 2022 |
| 5 | Saudi Arabia | 22.3% | 2024 |
| 6 | Somalia, Fed. Rep. | 21.6% | 2024 |
| 7 | Algeria | 21.4% | 2024 |
| 8 | Oman | 20.1% | 2024 |
| 9 | Singapore | 20.1% | 2024 |
| 10 | Israel | 20.0% | 2024 |