Mongolia vs Nigeria: Taxes less subsidies on products

Mongolia
4.38 trillion constant LCU
in 2025
Nigeria
4.97 trillion constant LCU
in 2025
Mongolia rank
17th
Nigeria rank
16th

Taxes less subsidies on products over time

  • Mongolia
  • Nigeria
02.0T4.0T198120032025

How they compare

Nigeria currently reports 4.97 trillion constant LCU against 4.38 trillion constant LCU in Mongolia, a difference of 588.00 billion constant LCU.

That makes Nigeria's figure about 1.1 times Mongolia's.

The two have swapped places 1 time across 14 shared years of data; in 2012 it was Mongolia ahead.

Mongolia ranks 17th and Nigeria ranks 16th of 189 countries.

Mongolia has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Mongolia Nigeria Difference Ahead
2010s 2.46 trillion constant LCU 686.69 billion constant LCU 1.77 trillion constant LCU Mongolia
2020s 3.70 trillion constant LCU 3.15 trillion constant LCU 550.72 billion constant LCU Mongolia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products, Mongolia or Nigeria?
Nigeria, at 4.97 trillion constant LCU against 4.38 trillion constant LCU in Mongolia as of 2025.
What is the difference in taxes less subsidies on products between Mongolia and Nigeria?
588.00 billion constant LCU, with Nigeria ahead.
How many years of comparable data are there for Mongolia and Nigeria?
14 years are reported by both, from 2012 to 2025.
How do Mongolia and Nigeria rank globally for taxes less subsidies on products?
Mongolia ranks 17th and Nigeria ranks 16th of 189 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Taxes less subsidies on products (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Mongolia vs Nigeria: Taxes less subsidies on products. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 05 September 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-constant-lcu/mongolia/nigeria/

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About this data

Indicator
Taxes less subsidies on products (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 7,356 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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.