Mongolia Military Spending
Defense budget and military expenditure data (1987–2026)
Key Facts (2026 estimate)
Military Expenditure
$176 million
Ranked #124 of 148 countries worldwide
Percent of GDP
0.6%
Ranked #143 of 157 countries by % of GDP
Year-over-Year Change
+2.9%
From $171M in 2025
Historical Peak Spending
$176 million
Reached in 2026
Mongolia Defense Budget Summary
In 2026, Mongolia is estimated to have spent $176 million on military and defense, representing 0.6% of the country's Gross Domestic Product (GDP). This budget covers the armed forces including army, navy, and air force expenditures. Mongolia is the #124 highest military spender in the world by absolute spending.
Compared to the previous year (2025), defense spending increased by 2.9%, from $171 million to $176 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 2023 US dollars. Data for 2026 is an estimate based on government budget announcements.
Historical Military Spending
Military Spending (% of GDP)
Military Spending (USD Billions, 2023 prices)
Historical Data
| Year | Percent of GDP | USD (millions) |
|---|---|---|
| 2026(estimate) | 0.60% | $176M |
| 2025(estimate) | 0.60% | $171M |
| 2024 | 0.74% | $166M |
| 2023 | 0.54% | $111M |
| 2022 | 0.51% | $90M |
| 2021 | 0.62% | $102M |
| 2020 | 0.71% | $106M |
| 2019 | 0.66% | $102M |
| 2018 | 0.67% | $96M |
| 2017 | 0.76% | $100M |
| 2016 | 0.86% | $101M |
| 2015 | 0.88% | $99M |
| 2014 | 0.86% | $99M |
| 2013 | 0.82% | $92M |
| 2012 | 0.92% | $100M |
| 2011 | 0.84% | $81M |
| 2010 | 0.76% | $60M |
| 2009 | 0.63% | $48M |
| 2008 | 0.82% | $74M |
| 2007 | 1.05% | $80M |