Mongolia: Government spending, percent of GDP

* indicates monthly or quarterly data series
 Mongolia

Government spending as percent of GDP

 Latest value 13.27
 Year 2023
 Measure percent
 Data availability 1981 - 2023
 Average 16.83
 Min - Max 11.10 - 26.30
 Source The World Bank
The latest value from 2023 is 13.27 percent, a decline from 13.92 percent in 2022. In comparison, the world average is 16.14 percent, based on data from 130 countries. Historically, the average for Mongolia from 1981 to 2023 is 16.83 percent. The minimum value, 11.1 percent, was reached in 1995 while the maximum of 26.3 percent was recorded in 1987. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Mongolia - Government spending, percent of GDP - Recent values chart

Historical series
Mongolia - Government spending, percent of GDP - historical chart - 1981-2023




The government size of Mongolia and other countries is calculated as the total government spending as percent of GDP.
Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.

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 Related indicators Latest Reference Measure
 Government spending, percent of GDP 13.27 2023 percent
 Government spending, in dollars 2.64 2023 billion U.S. dollars
 Fiscal balance, percent of GDP -6.10 2023 percent
 Government expenditure 3,739.69 Q2/2024 billion
 Tax revenue 16.91 2021 percent
 Commercial tax rate 25.70 2019 percent
 Tax preparation time 134 2019 hours
 Number of taxes 19 2019 taxes
 Taxes on goods and services 38.61 2021 percent
 Taxes on international trade 8.75 2021 percent
 Income and profits taxes 20.60 2021 percent
 Foreign aid 284.55 2022 million U.S. dollars
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