Adjusted savings: education expenditure in Mongolia
Mongolia: Adjusted savings: education expenditure was 597.34 million current US$ in 2021. ◆ Volatile
Adjusted savings: education expenditure in Mongolia, 1981–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2021, adjusted savings: education expenditure in Mongolia stood at 597.34 million current US$.
That represents a change of up 8.3% on the previous year and up 50.0% over ten years.
Over the whole period, adjusted savings: education expenditure in Mongolia peaked at 732.79 million current US$ in 2012 and was at its lowest, 30.40 million current US$, in 1993.
Mongolia ranks 121st of 195 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 256.44 million current US$ | 181.26 million current US$ | 364.70 million current US$ | 9 |
| 1990s | 75.48 million current US$ | 30.40 million current US$ | 186.27 million current US$ | 10 |
| 2000s | 124.90 million current US$ | 62.59 million current US$ | 233.61 million current US$ | 10 |
| 2010s | 532.86 million current US$ | 288.18 million current US$ | 732.79 million current US$ | 10 |
| 2020s | 574.42 million current US$ | 551.50 million current US$ | 597.34 million current US$ | 2 |
Countries ranked near Mongolia
More economy & growth data for Mongolia
- DEC alternative conversion factor 3,545 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.26 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 355.63 million current US$ (2025)
- Taxes less subsidies on products 8.52 trillion current LCU (2025)
- Taxes less subsidies on products 2.40 billion current US$ (2025)
- Net primary income (Net income from abroad) -10.09 trillion current LCU (2025)
- Net primary income (Net income from abroad) -2.85 billion current US$ (2025)
- GNI per capita 22.37 million current LCU (2025)
- GNI per capita, Atlas method 6,210 current US$ (2025)
- GNI 79.84 trillion current LCU (2025)
Frequently asked questions
- What is adjusted savings: education expenditure in Mongolia?
- Adjusted savings: education expenditure in Mongolia was 597.34 million current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Mongolia?
- The highest recorded value was 732.79 million current US$ in 2012.
- What is the lowest adjusted savings: education expenditure recorded in Mongolia?
- The lowest recorded value was 30.40 million current US$ in 1993.
- How does Mongolia rank for adjusted savings: education expenditure?
- Mongolia ranks 121st out of 195 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Mongolia?
- Over the last ten years it is up 50.0%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: education expenditure (current US$). Statizoid updates them automatically from the source API.
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About this data
Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.