Mongolia MN: Military Expenditure: % of Central Government Expenditure

1992 - 2016 | Yearly | % | World Bank

Mongolia MN: Military Expenditure: % of Central Government Expenditure data was reported at 2.091 % in 2017. This records a decrease from the previous number of 2.126 % for 2016. Mongolia MN: Military Expenditure: % of Central Government Expenditure data is updated yearly, averaging 4.796 % from Dec 1988 (Median) to 2017, with 30 observations. The data reached an all-time high of 13.451 % in 1988 and a record low of 2.051 % in 2013. Mongolia MN: Military Expenditure: % of Central Government Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mongolia – Table MN.World Bank.WDI: Defense and Official Development Assistance. 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.); ; Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.; Weighted average; Data for some countries are based on partial or uncertain data or rough estimates.

View Mongolia's Mongolia MN: Military Expenditure: % of Central Government Expenditure from 1992 to 2016 in the chart:

Mongolia Mongolia MN: Military Expenditure: % of Central Government Expenditure

What was Mongolia's Mongolia MN: Military Expenditure: % of Central Government Expenditure in 2016?

Last Previous Min Max Unit Frequency Range
3.15 2016 3.60 2015 3.10 2009 12.65 1992 % yearly 1992 - 2016

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Mongolia Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 18,550.600 2027 yearly 1990 - 2027
Forecast: Nominal GDP Per Capita (USD) 6,267.148 2028 yearly 1990 - 2028
Forecast: Real GDP Growth (%) 5.000 2028 yearly 1980 - 2028
GDP Deflator Growth (%) 20.1 Dec 2022 quarterly Mar 2001 - Dec 2022
GDP per Capita (USD) 4,482.907 2021 yearly 1991 - 2021
Gross Fixed Capital Formation (USD mn) 1,238.917 Jun 2024 quarterly Mar 2010 - Jun 2024
Gross Savings Rate (%) 35.8 Dec 2022 quarterly Mar 2005 - Dec 2022
Investment: % of GDP (%) 25.6 Jun 2024 quarterly Mar 2005 - Jun 2024
Nominal GDP (USD mn) 3,889.7 Mar 2023 quarterly Mar 2000 - Mar 2023
Nominal GDP Growth (%) 22.032 Jun 2024 quarterly Mar 2001 - Jun 2024
Private Consumption Expenditure (USD mn) 2,943.045 Jun 2024 quarterly Mar 2010 - Jun 2024
Private Consumption: % of GDP (%) 48.4 Jun 2024 quarterly Mar 2010 - Jun 2024
Public Consumption Expenditure (USD mn) 1,106.544 Jun 2024 quarterly Mar 2010 - Jun 2024
Public Consumption: % of GDP (%) 20.1 Dec 2022 quarterly Mar 2010 - Dec 2022
Real GDP Growth (%) 7.7 Dec 2022 quarterly Mar 2011 - Dec 2022
Total Trade of Goods & Services: % of Nominal GDP (%) 135.773 Jun 2024 quarterly Mar 2005 - Jun 2024
Gross National Product (GNP) (USD mn) 18,095.919 2023 yearly 1981 - 2023
Production Last Frequency Range
Gold Production (kg) 19,000.000 2022 yearly 1990 - 2022
Industrial Production Index Growth (%) 105.6 May 2023 monthly Jan 2010 - May 2023
Minerals Production (Metric Ton) 33,050,408.000 2022 yearly 2009 - 2022
Silver Production (Metric Ton) 59.000 2021 yearly 1996 - 2021
Construction and Properties Last Frequency Range
House Prices Growth (%) 11.2 Jun 2024 quarterly Mar 2023 - Jun 2024
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 0.7 Jun 2024 quarterly Dec 2000 - Jun 2024
Forecast: Government Expenditure (MNT bn) 51,520.173 2029 yearly 1981 - 2029
Forecast: Government Net Debt (MNT bn) 78,578.792 2029 yearly 2006 - 2029
Forecast: Government Revenue (MNT bn) 50,059.008 2029 yearly 1981 - 2029
Tax Revenue (USD mn) 471.959 Jun 2024 monthly Jan 2000 - Jun 2024
Government Debt: % of GDP (%) 59.4 Dec 2021 quarterly Dec 2017 - Dec 2021
Consolidated Fiscal Balance (USD mn) -219.029 Jun 2024 monthly Jan 2000 - Jun 2024
Tax Revenue: % of GDP (%) 25.0 Jun 2024 quarterly Mar 2000 - Jun 2024
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 1,347,144.000 Jun 2024 quarterly Sep 2006 - Jun 2024
Forecast: Population (Person mn) 3.759 2028 yearly 1990 - 2028
Forecast: Unemployment Rate (%) 5.000 2029 yearly 2007 - 2029
Labour Force Participation Rate (%) 62.2 Jun 2024 quarterly Sep 2006 - Jun 2024
Labour Productivity Growth (%) -1.37 Jun 2024 quarterly Sep 2007 - Jun 2024
Monthly Earnings (USD) 673 Mar 2024 quarterly Dec 2000 - Mar 2024
Population (Person mn) 3.5 2023 yearly 1935 - 2023
Unemployment Rate (%) 5.80 Jun 2024 quarterly Sep 2006 - Jun 2024

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