Mongolia - Military Expenditure
Since 2014, Mongolia Military Expenditure decreased by 1.1% year on year. With $99,729,483.17 in 2019, the country was ranked number 129 comparing other countries in Military Expenditure. Mongolia is overtaken by Venezuela, which was ranked number 128 at $110,411,964.55 and is followed by Montenegro with $89,296,909.99. United States topped the ranking with $731,751,400,000 in 2019, an increase of 7.2% versus 2018. China, India and Russia respectively ranked number 2, 3 and 4 in this ranking. Bulgaria recorded the best 5 years average growth at +23.3% per year, while Venezuela witnessed the worst performance at -55.3% per year.
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| Date | US Dollars |
|---|---|
| 2019 | 99,729,483.17 |
| 2018 | 96,067,489.86 |
| 2017 | 87,511,743.50 |
| 2016 | 96,366,789.84 |
| 2015 | 101,733,069.81 |
Download all data from 1991 to 2019
How does Mongolia rank in Military Expenditure?
| # | 156 Countries | US Dollars | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
731,751,400,000.00 | 2019 | +7.2 % | +2.5 % | View data | |
| 2 |
#2
China
|
261,081,940,426.67 | 2019 | +3.0 % | +5.4 % | View data | |
| 128 |
#128
Venezuela
|
110,411,964.55 | 2018 | -76.3 % | -55.3 % | View data | |
| 129 |
#129
Mongolia
|
99,729,483.17 | 2019 | +3.8 % | -1.1 % | View data | |
| 130 |
#130
Montenegro
|
89,296,909.99 | 2019 | +13.2 % | +5.7 % | View data | |