Adjusted savings: education expenditure in Mongolia
Mongolia: Adjusted savings: education expenditure was 597.34 million current US$ in 2021. ◆ Volatile
Latest (2021)
597.34 million current US$
Change on year
up 8.3%
World rank
121st
of 195 countries
All-time high
732.79 million current US$
in 2012
All-time low
30.40 million current US$
in 1993
Years of data
41
1981–2021
Adjusted savings: education expenditure in Mongolia, 1981–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2021, adjusted savings: education expenditure in Mongolia stood at 597.34 million current US$.
That represents a change of up 8.3% on the previous year and up 50.0% over ten years.
Over the whole period, adjusted savings: education expenditure in Mongolia peaked at 732.79 million current US$ in 2012 and was at its lowest, 30.40 million current US$, in 1993.
Mongolia ranks 121st of 195 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: education expenditure in Mongolia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1981 | 202.33 million current US$ | — |
| 1982 | 222.82 million current US$ | +10.1% |
| 1983 | 237.13 million current US$ | +6.4% |
| 1984 | 181.26 million current US$ | -23.6% |
| 1985 | 188.45 million current US$ | +4.0% |
| 1986 | 314.65 million current US$ | +67.0% |
| 1987 | 302.96 million current US$ | -3.7% |
| 1988 | 293.71 million current US$ | -3.1% |
| 1989 | 364.70 million current US$ | +24.2% |
| 1990 | 186.27 million current US$ | -48.9% |
| 1991 | 168.56 million current US$ | -9.5% |
| 1992 | 64.54 million current US$ | -61.7% |
| 1993 | 30.40 million current US$ | -52.9% |
| 1994 | 36.26 million current US$ | +19.3% |
| 1995 | 52.74 million current US$ | +45.5% |
| 1996 | 55.92 million current US$ | +6.0% |
| 1997 | 46.76 million current US$ | -16.4% |
| 1998 | 60.19 million current US$ | +28.7% |
| 1999 | 53.21 million current US$ | -11.6% |
| 2000 | 62.59 million current US$ | +17.6% |
| 2001 | 78.56 million current US$ | +25.5% |
| 2002 | 95.77 million current US$ | +21.9% |
| 2003 | 87.03 million current US$ | -9.1% |
| 2004 | 81.42 million current US$ | -6.4% |
| 2005 | 102.74 million current US$ | +26.2% |
| 2006 | 141.71 million current US$ | +37.9% |
| 2007 | 175.84 million current US$ | +24.1% |
| 2008 | 233.61 million current US$ | +32.8% |
| 2009 | 189.71 million current US$ | -18.8% |
| 2010 | 288.18 million current US$ | +51.9% |
| 2011 | 398.32 million current US$ | +38.2% |
| 2012 | 732.79 million current US$ | +84.0% |
| 2013 | 659.35 million current US$ | -10.0% |
| 2014 | 663.66 million current US$ | +0.7% |
| 2015 | 509.78 million current US$ | -23.2% |
| 2016 | 500.25 million current US$ | -1.9% |
| 2017 | 451.71 million current US$ | -9.7% |
| 2018 | 546.50 million current US$ | +21.0% |
| 2019 | 578.10 million current US$ | +5.8% |
| 2020 | 551.50 million current US$ | -4.6% |
| 2021 | 597.34 million current US$ | +8.3% |
Mongolia compared with similar countries
- Mongolia's 597.34 million current US$ is below the median for upper middle income countries, which is 1.29 billion current US$, 46% of the median. (55 countries reporting)
- Mongolia's 597.34 million current US$ is above the median for East Asia & Pacific, which is 597.34 million current US$, 1.0× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 256.44 million current US$ | 181.26 million current US$ | 364.70 million current US$ | 9 |
| 1990s | 75.48 million current US$ | 30.40 million current US$ | 186.27 million current US$ | 10 |
| 2000s | 124.90 million current US$ | 62.59 million current US$ | 233.61 million current US$ | 10 |
| 2010s | 532.86 million current US$ | 288.18 million current US$ | 732.79 million current US$ | 10 |
| 2020s | 574.42 million current US$ | 551.50 million current US$ | 597.34 million current US$ | 2 |
Countries ranked near Mongolia
More economy & growth data for Mongolia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.08 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.17 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 55.47 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0023 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 15.74 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 2.78 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 23.79 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1169 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 789.32 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 27.16 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: education expenditure in Mongolia?
- Adjusted savings: education expenditure in Mongolia was 597.34 million current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Mongolia?
- The highest recorded value was 732.79 million current US$ in 2012.
- What is the lowest adjusted savings: education expenditure recorded in Mongolia?
- The lowest recorded value was 30.40 million current US$ in 1993.
- How does Mongolia rank for adjusted savings: education expenditure?
- Mongolia ranks 121st out of 195 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Mongolia?
- Over the last ten years it is up 50.0%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: education expenditure (current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.