India vs Mongolia: Taxes on goods and services

India

7.99 trillion current LCU

in 2022

Mongolia

7.09 trillion current LCU

in 2024

India rank

16th

Mongolia rank

17th

Taxes on goods and services over time

India
Mongolia

How they compare

India currently reports 7.99 trillion current LCU against 7.09 trillion current LCU in Mongolia, a difference of 899.53 billion current LCU.

That makes India's figure about 1.1 times Mongolia's.

Across all 25 years both countries report, India has been ahead every year.

Globally, India ranks 16th and Mongolia ranks 17th of 157 countries.

Individual pages

About this data

Indicator: Taxes on goods and services (current LCU)
Unit: current LCU
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 157 places, 4,635 data points, 1972–2024
Last refreshed: 06 August 2026

General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.