Mongolia: Government spending, in dollars

* indicates monthly or quarterly data series
 Mongolia

Government spending, billion USD

 Latest value 2.64
 Year 2023
 Measure billion U.S. dollars
 Data availability 1981 - 2023
 Average 0.87
 Min - Max 0.14 - 2.64
 Source The World Bank
The latest value from 2023 is 2.64 billion U.S. dollars, an increase from 2.39 billion U.S. dollars in 2022. In comparison, the world average is 69.63 billion U.S. dollars, based on data from 131 countries. Historically, the average for Mongolia from 1981 to 2023 is 0.87 billion U.S. dollars. The minimum value, 0.14 billion U.S. dollars, was reached in 1997 while the maximum of 2.64 billion U.S. dollars was recorded in 2023. 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, in dollars - Recent values chart

Historical series
Mongolia - Government spending, in dollars - historical chart - 1981-2023




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. Data are in current U.S. dollars.

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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 2,921.99 Q3/2024 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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