Expense in Mongolia
Mongolia: Expense was 13.81 trillion current LCU in 2021. ◆ Volatile
Expense in Mongolia, 1992–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for expense in Mongolia is 13.81 trillion current LCU, measured in 2021. That is the highest value across all 28 years on record.
Compared with earlier readings it is up 11.1% on the previous year and up 329.0% over ten years.
Over the whole period, expense in Mongolia peaked at 13.81 trillion current LCU in 2021 and was at its lowest, 9.36 billion current LCU, in 1992.
Mongolia ranks 23rd of 157 countries on this measure, in the top quarter.
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 | 100.21 billion current LCU | 9.36 billion current LCU | 204.35 billion current LCU | 8 |
| 2000s | 858.86 billion current LCU | 274.06 billion current LCU | 1.74 trillion current LCU | 8 |
| 2010s | 5.56 trillion current LCU | 2.23 trillion current LCU | 9.69 trillion current LCU | 10 |
| 2020s | 13.12 trillion current LCU | 12.43 trillion current LCU | 13.81 trillion current LCU | 2 |
Countries ranked near Mongolia
- 20 Democratic Republic of Congo 17.59 trillion current LCU compare
- 21 Lebanon 17.12 trillion current LCU compare
- 22 Myanmar 15.52 trillion current LCU compare
- 24 Costa Rica 13.60 trillion current LCU compare
- 25 Turkey 8.95 trillion current LCU compare
- 26 Cote d'Ivoire 8.76 trillion current LCU compare
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 expense in Mongolia?
- Expense in Mongolia was 13.81 trillion current LCU in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Mongolia?
- The highest recorded value was 13.81 trillion current LCU in 2021.
- What is the lowest expense recorded in Mongolia?
- The lowest recorded value was 9.36 billion current LCU in 1992.
- How does Mongolia rank for expense?
- Mongolia ranks 23rd out of 157 countries with data for 2021.
- Is expense rising or falling in Mongolia?
- Over the last ten years it is up 329.0%. 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 Expense (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Expense is a decrease in net worth resulting from a transaction. 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.