Taxes less subsidies on products in Mongolia

Mongolia: Taxes less subsidies on products was 8.52 trillion current LCU in 2025. ◆ Volatile

Latest (2025)
8.52 trillion current LCU
Change on year
up 3.2%
World rank
22nd
of 198 countries
All-time high
8.52 trillion current LCU
in 2025
All-time low
0 current LCU
in 1981
Years of data
45
1981–2025

Taxes less subsidies on products in Mongolia, 1981–2025

02.0T4.0T6.0T8.0T1981200320251981: 0 current LCU1982: 0 current LCU1983: 0 current LCU1984: 0 current LCU1985: 0 current LCU1986: 0 current LCU1987: 0 current LCU1988: 0 current LCU1989: 0 current LCU1990: 381.5M current LCU1991: 2.2B current LCU1992: 3.4B current LCU1993: 17.5B current LCU1994: 23.5B current LCU1995: 34.5B current LCU1996: 45.1B current LCU1997: 66.9B current LCU1998: 71.7B current LCU1999: 95.3B current LCU2000: 136.9B current LCU2001: 178.6B current LCU2002: 186.1B current LCU2003: 204.6B current LCU2004: 269.2B current LCU2005: 311.7B current LCU2006: 405.3B current LCU2007: 491.9B current LCU2008: 672.8B current LCU2009: 591.8B current LCU2010: 998.4B current LCU2011: 1.7T current LCU2012: 1.9T current LCU2013: 2.2T current LCU2014: 2.1T current LCU2015: 1.9T current LCU2016: 2.0T current LCU2017: 2.5T current LCU2018: 3.5T current LCU2019: 4.0T current LCU2020: 3.6T current LCU2021: 4.4T current LCU2022: 5.8T current LCU2023: 6.7T current LCU2024: 8.2T current LCU2025: 8.5T current LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.

Analysis

Mongolia recorded 8.52 trillion current LCU for taxes less subsidies on products in 2025. That is the highest value across all 45 years on record.

The figure is up 3.2% on the previous year and up 351.7% over ten years.

Over the whole period, taxes less subsidies on products in Mongolia peaked at 8.52 trillion current LCU in 2025 and was at its lowest, 0 current LCU, in 1981.

Mongolia ranks 22nd of 198 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

DecadeAverage LowestHighest Years
1980s 0 current LCU 0 current LCU 0 current LCU 9
1990s 36.06 billion current LCU 381.50 million current LCU 95.33 billion current LCU 10
2000s 344.89 billion current LCU 136.89 billion current LCU 672.82 billion current LCU 10
2010s 2.27 trillion current LCU 998.36 billion current LCU 4.01 trillion current LCU 10
2020s 6.20 trillion current LCU 3.56 trillion current LCU 8.52 trillion current LCU 6

Countries ranked near Mongolia

  1. 19 Nigeria 10.36 trillion current LCU compare
  2. 20 Kazakhstan 9.90 trillion current LCU compare
  3. 21 Democratic Republic of Congo 9.51 trillion current LCU compare
  4. 23 Turkey 7.15 trillion current LCU compare
  5. 24 Pakistan 6.82 trillion current LCU compare
  6. 25 Madagascar 6.72 trillion current LCU compare

See the full ranking of 198 places →

More economy & growth data for Mongolia

All data for Mongolia →

Frequently asked questions

What is taxes less subsidies on products in Mongolia?
Taxes less subsidies on products in Mongolia was 8.52 trillion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest taxes less subsidies on products recorded in Mongolia?
The highest recorded value was 8.52 trillion current LCU in 2025.
What is the lowest taxes less subsidies on products recorded in Mongolia?
The lowest recorded value was 0 current LCU in 1981.
How does Mongolia rank for taxes less subsidies on products?
Mongolia ranks 22nd out of 198 countries with data for 2025.
Is taxes less subsidies on products rising or falling in Mongolia?
Over the last ten years it is up 351.7%. The long-run trend across the full record is volatile.
Where does this Mongolia data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Taxes less subsidies on products (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
198 places, 8,448 data points, 1960–2025
Last refreshed

Taxes less subsidies on products are taxes payable per unit of a good or service. 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.