Mongolia vs Nigeria: Taxes less subsidies on products

Mongolia
8.52 trillion current LCU
in 2025
Nigeria
10.36 trillion current LCU
in 2025
Mongolia rank
22nd
Nigeria rank
19th

Taxes less subsidies on products over time

  • Mongolia
  • Nigeria
02.5T5.0T7.5T10.0T198120032025

How they compare

Nigeria currently reports 10.36 trillion current LCU against 8.52 trillion current LCU in Mongolia, a difference of 1.84 trillion current LCU.

That makes Nigeria's figure about 1.2 times Mongolia's.

The two have swapped places 2 times across 45 shared years of data; in 1981 it was Nigeria ahead.

Mongolia ranks 22nd and Nigeria ranks 19th of 197 countries.

Across the 5 decades both report, Mongolia averaged higher in 4 and Nigeria in 1.

Head to head by decade

Decade Mongolia Nigeria Difference Ahead
1980s 0 current LCU 2.17 billion current LCU 2.17 billion current LCU Nigeria
1990s 36.06 billion current LCU 26.96 billion current LCU 9.10 billion current LCU Mongolia
2000s 344.89 billion current LCU 236.53 billion current LCU 108.36 billion current LCU Mongolia
2010s 2.27 trillion current LCU 988.93 billion current LCU 1.28 trillion current LCU Mongolia
2020s 6.20 trillion current LCU 5.10 trillion current LCU 1.10 trillion current 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 10.36 trillion current LCU against 8.52 trillion current LCU in Mongolia as of 2025.
What is the difference in taxes less subsidies on products between Mongolia and Nigeria?
1.84 trillion current LCU, with Nigeria ahead.
How many years of comparable data are there for Mongolia and Nigeria?
45 years are reported by both, from 1981 to 2025.
How do Mongolia and Nigeria rank globally for taxes less subsidies on products?
Mongolia ranks 22nd and Nigeria ranks 19th of 197 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Taxes less subsidies on products (current 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 02 September 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-current-lcu/mongolia/nigeria/

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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.