Mongolia Military Spending
Mongolia spends an estimated 0.7% of GDP on its military in 2026; its most recent reported expenditure in US dollars is $214 million (2025).
Defense budget and military expenditure data (1987–2027)
Data updated: July 7, 2026
Key Facts (2026 estimate)
Military Expenditure
$220 million
Ranked #122 of 153 countries worldwide
Percent of GDP
0.7%
Ranked #145 of 163 countries by % of GDP
Year-over-Year Change
+2.8%
From $214M in 2025
Historical Peak Spending
$214 million
Reached in 2025
How the 2026 figures are produced. Neither figure is a researched budget estimate. The share-of-GDP figure is the arithmetic mean of Mongolia’s last 3 reported years (2023–2025), carried across both estimate years unchanged. The dollar figure is not a per-country forecast — it is the actual SIPRI figure for 2025 raised by a flat 3%, the same rate applied to every country in this group, so it can rise even where the share-of-GDP path falls. Actual SIPRI figures for Mongolia run to 2025.
Mongolia Defense Budget Summary
In 2026, Mongolia is estimated to have spent $220 million on military and defense, representing 0.7% of the country's Gross Domestic Product (GDP). This budget covers the armed forces including army, navy, and air force expenditures. Mongolia is the #122 highest military spender in the world by absolute spending.
Compared to the previous year (2025), defense spending increased by 2.8%, from $214 million to $220 million. This change in the military budget reflects growing defense priorities.
The highest percentage of GDP allocated to defense spending was 6.3% in 1988. The historical average military budget is 1.6% of GDP.
Data source: SIPRI Military Expenditure Database. Values are in constant 2024 US dollars. Data for 2026 is an estimate based on government budget announcements.
Historical Military Spending
Military Spending (% of GDP)
Military Spending (USD Billions, 2024 prices)
Historical Data
| Year | Percent of GDP | USD (millions) |
|---|---|---|
| 2027(estimate) | 0.73% | $227M |
| 2026(estimate) | 0.73% | $220M |
| 2025 | 0.88% | $214M |
| 2024 | 0.76% | $179M |
| 2023 | 0.54% | $121M |
| 2022 | 0.51% | $98M |
| 2021 | 0.62% | $110M |
| 2020 | 0.71% | $115M |
| 2019 | 0.66% | $111M |
| 2018 | 0.67% | $104M |
| 2017 | 0.76% | $109M |
| 2016 | 0.86% | $110M |
| 2015 | 0.88% | $107M |
| 2014 | 0.86% | $108M |
| 2013 | 0.82% | $100M |
| 2012 | 0.92% | $108M |
| 2011 | 0.84% | $88M |
| 2010 | 0.76% | $65M |
| 2009 | 0.63% | $52M |
| 2008 | 0.82% | $80M |
| 2007 | 1.05% | $87M |
| 2006 | 0.96% | $67M |
| 2005 | 1.02% | $54M |
| 2004 | 1.38% | $56M |
| 2003 | 1.51% | $52M |
| 2002 | 1.80% | $55M |
| 2001 | 1.78% | $50M |
| 2000 | 2.02% | $54M |
| 1999 | 1.84% | $43M |
| 1998 | 1.91% | $42M |
| 1997 | 1.64% | $40M |
| 1996 | 1.78% | $44M |
| 1995 | 1.62% | $52M |
| 1994 | 1.65% | $37M |
| 1993 | 1.71% | $43M |
| 1992 | 1.91% | $45M |
| 1991 | 3.23% | $102M |
| 1990 | 4.28% | $150M |
| 1989 | 6.25% | — |
| 1988 | 6.34% | — |
| 1987 | 5.83% | — |