Customs and other import duties in Mongolia
Mongolia: Customs and other import duties was 1.79 trillion current LCU in 2024. ◆ Volatile
Customs and other import duties in Mongolia, 1992–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for customs and other import duties in Mongolia is 1.79 trillion current LCU, measured in 2024. That is the highest value across all 31 years on record.
That represents a change of up 22.3% on the previous year and up 404.7% over ten years.
Over the whole period, customs and other import duties in Mongolia peaked at 1.79 trillion current LCU in 2024 and was at its lowest, 749.00 million current LCU, in 1998.
Mongolia ranks 14th of 152 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.48 billion current LCU | 749.00 million current LCU | 12.88 billion current LCU | 8 |
| 2000s | 64.09 billion current LCU | 17.15 billion current LCU | 142.06 billion current LCU | 8 |
| 2010s | 422.90 billion current LCU | 193.13 billion current LCU | 790.17 billion current LCU | 10 |
| 2020s | 1.24 trillion current LCU | 738.73 billion current LCU | 1.79 trillion current LCU | 5 |
Countries ranked near Mongolia
More public sector data for Mongolia
- Arms imports 3.00 million SIPRI trend indicator values (2022)
- Tax revenue 16.9% (2024)
- Taxes on income, profits and capital gains 16.3% (2024)
- Taxes on goods and services 25.9% (2024)
- Net investment in nonfinancial assets 6.3% (2024)
- Net lending (+) / net borrowing (-) 1.8% (2024)
- Interest payments 4.3% (2024)
- Grants and other revenue 31.0% (2024)
- Interest payments 6.0% (2021)
- Other taxes 1.0% (2024)
Frequently asked questions
- What is customs and other import duties in Mongolia?
- Customs and other import duties in Mongolia was 1.79 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest customs and other import duties recorded in Mongolia?
- The highest recorded value was 1.79 trillion current LCU in 2024.
- What is the lowest customs and other import duties recorded in Mongolia?
- The lowest recorded value was 749.00 million current LCU in 1998.
- How does Mongolia rank for customs and other import duties?
- Mongolia ranks 14th out of 152 countries with data for 2024.
- Is customs and other import duties rising or falling in Mongolia?
- Over the last ten years it is up 404.7%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Customs and other import duties (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes and duties on imports are taxes on goods and services that become payable at the moment when goods enter the economic territory or when services are delivered by non-resident producers to residents. 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.