Expense in Mongolia
Mongolia: Expense was 31.7% in 2021. ▲ Rising
Expense in Mongolia, 1992–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for expense in Mongolia is 31.7%, measured in 2021.
The figure is down 4.5% on the previous year and up 29.7% over ten years.
Over the whole period, expense in Mongolia peaked at 33.2% in 2020 and was at its lowest, 11.7%, in 1995.
Mongolia ranks 54th of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 28 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.5% | 11.7% | 18.9% | 8 |
| 2000s | 23.7% | 21.7% | 26.5% | 8 |
| 2010s | 24.5% | 22.5% | 27.4% | 10 |
| 2020s | 32.4% | 31.7% | 33.2% | 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 expense in Mongolia?
- Expense in Mongolia was 31.7% 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 33.2% in 2020.
- What is the lowest expense recorded in Mongolia?
- The lowest recorded value was 11.7% in 1995.
- How does Mongolia rank for expense?
- Mongolia ranks 54th out of 157 countries with data for 2021.
- Is expense rising or falling in Mongolia?
- Over the last ten years it is up 29.7%. The long-run trend across the full record is rising.
- 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 (% of GDP). Statizoid updates them automatically from the source API.
Download this data
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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.