Annual growth of general government final consumption expenditure in Mongolia
Mongolia: Annual growth of general government final consumption expenditure was 3.25 in 2023. ◆ Volatile
Annual growth of general government final consumption expenditure in Mongolia, 2011–2023
Source: Our World in Data.
Analysis
Mongolia recorded 3.25 for annual growth of general government final consumption expenditure in 2023.
The figure is down 53.1% on the previous year and down 79.4% over ten years.
Over the whole period, annual growth of general government final consumption expenditure in Mongolia peaked at 19.87 in 2012 and was at its lowest, -4.71, in 2015.
Mongolia ranks 55th of 167 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.
Annual growth of general government final consumption expenditure in Mongolia, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | 15.33 | — |
| 2012 | 19.87 | +29.6% |
| 2013 | 15.81 | -20.4% |
| 2014 | 12.2 | -22.8% |
| 2015 | -4.71 | -138.6% |
| 2016 | 13.27 | -381.7% |
| 2017 | -2.35 | -117.7% |
| 2018 | 1.09 | -146.4% |
| 2019 | 12.25 | +1023.9% |
| 2020 | 14.62 | +19.3% |
| 2021 | 9.18 | -37.2% |
| 2022 | 6.93 | -24.5% |
| 2023 | 3.25 | -53.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 9.2 | -4.71 | 19.87 | 9 |
| 2020s | 8.49 | 3.25 | 14.62 | 4 |
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)
- Services, value added (current US$), annual growth rate 6.62 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.4434 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 3,152 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 11.5 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 1,572 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 11.17 million current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 2.02 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.3362 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is annual growth of general government final consumption expenditure in Mongolia?
- Annual growth of general government final consumption expenditure in Mongolia was 3.25 in 2023, according to Our World in Data.
- What is the highest annual growth of general government final consumption expenditure recorded in Mongolia?
- The highest recorded value was 19.87 in 2012.
- What is the lowest annual growth of general government final consumption expenditure recorded in Mongolia?
- The lowest recorded value was -4.71 in 2015.
- How does Mongolia rank for annual growth of general government final consumption expenditure?
- Mongolia ranks 55th out of 167 countries with data for 2023.
- Is annual growth of general government final consumption expenditure rising or falling in Mongolia?
- Over the last ten years it is down 79.4%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from Our World in Data, published as part of Annual growth of general government final consumption expenditure. Statizoid updates them automatically from the source API.
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