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

Latest (2023)
3.25
Change on year
down 53.1%
World rank
55th
of 167 countries
All-time high
19.87
in 2012
All-time low
-4.71
in 2015
Years of data
13
2011–2023

Annual growth of general government final consumption expenditure in Mongolia, 2011–2023

-5051015202011201720232011: 15.32012: 19.92013: 15.82014: 12.22015: -4.72016: 13.32017: -2.42018: 1.12019: 12.22020: 14.62021: 9.22022: 6.92023: 3.2

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

Annual values for Annual growth of general government final consumption expenditure in Mongolia, 2011 to 2023.
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

DecadeAverage LowestHighest Years
2010s 9.2 -4.71 19.87 9
2020s 8.49 3.25 14.62 4

Countries ranked near Mongolia

  1. 52 Haiti 3.35 compare
  2. 53 Malaysia 3.32 compare
  3. 54 Guatemala 3.28 compare
  4. 56 El Salvador 3.22 compare
  5. 57 Peru 3.18 compare
  6. 58 Montenegro 3.08 compare

See the full ranking of 0 places →

More economy & growth data for Mongolia

All data for Mongolia →

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.

Download this data

CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (Our World in Data).

Share, cite or embed this page

Cite this page

Annual growth of general government final consumption expenditure in Mongolia. Statizoid, drawing on Our World in Data. Retrieved 01 September 2026, from https://economy.statizoid.com/stat/annual-growth-of-general-government-final-consumption-expenditure/mongolia/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Our World in Data); please keep the attribution.

<a href="https://economy.statizoid.com/stat/annual-growth-of-general-government-final-consumption-expenditure/mongolia/">Annual growth of general government final consumption expenditure in Mongolia</a> — Statizoid

About this data

Indicator
Annual growth of general government final consumption expenditure
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
0 places, 0 data points, 2000–2023
Last refreshed