Mongolia - Military expenditure (current LCU)

The value for Military expenditure (current LCU) in Mongolia was 261,271,000,000 as of 2019. As the graph below shows, over the past 32 years this indicator reached a maximum value of 261,271,000,000 in 2019 and a minimum value of 592,000,000 in 1990.

Definition: Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.)

Source: Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.

Year Value
1987 793,000,000
1988 900,000,000
1989 850,000,000
1990 592,000,000
1991 888,000,000
1992 1,184,000,000
1993 4,147,000,000
1994 6,766,000,000
1995 9,547,000,000
1996 11,850,000,000
1997 14,767,000,000
1998 16,750,000,000
1999 18,416,000,000
2000 26,126,000,000
2001 25,384,000,000
2002 28,071,000,000
2003 27,899,000,000
2004 32,891,000,000
2005 35,914,000,000
2006 46,232,000,000
2007 66,200,000,000
2008 77,817,000,000
2009 54,109,800,000
2010 74,442,500,000
2011 110,300,000,000
2012 154,252,000,000
2013 157,672,000,000
2014 191,092,000,000
2015 200,446,000,000
2016 206,746,000,000
2017 213,485,000,000
2018 237,064,000,000
2019 261,271,000,000

Periodicity: Annual

General Comments: Data for some countries are based on partial or uncertain data or rough estimates. For additional details please refer to the military expenditure database on the SIPRI website: https://sipri.org/databases/milex

Classification

Topic: Public Sector Indicators

Sub-Topic: Defense & arms trade