Annual growth of the general government final consumption expenditure in Mongolia
Mongolia: Annual growth of the general government final consumption expenditure was 14.2% in 2024. ◆ Volatile
Annual growth of the general government final consumption expenditure in Mongolia, 2011–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Mongolia recorded 14.2% for annual growth of the general government final consumption expenditure in 2024.
The figure is up 338.0% on the previous year and up 16.7% over ten years.
Over the whole period, annual growth of the general government final consumption expenditure in Mongolia peaked at 19.9% in 2012 and was at its lowest, -4.7%, in 2015.
That places Mongolia 7th out of 181 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the general government final consumption expenditure in Mongolia, year by year
| Year | % | Change |
|---|---|---|
| 2011 | 15.3% | — |
| 2012 | 19.9% | +29.6% |
| 2013 | 15.8% | -20.4% |
| 2014 | 12.2% | -22.9% |
| 2015 | -4.7% | -138.6% |
| 2016 | 13.3% | -381.9% |
| 2017 | -2.4% | -117.7% |
| 2018 | 1.1% | -146.2% |
| 2019 | 12.3% | +1028.3% |
| 2020 | 14.6% | +19.3% |
| 2021 | 9.2% | -37.2% |
| 2022 | 6.9% | -24.6% |
| 2023 | 3.2% | -53.1% |
| 2024 | 14.2% | +338.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 9.2% | -4.7% | 19.9% | 9 |
| 2020s | 9.6% | 3.2% | 14.6% | 5 |
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)
- Gross capital formation (current US$), annual growth rate -5.78 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.3141 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 2,233 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate -1.46 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 1,114 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 7.92 million current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate -7.24 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.291 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is annual growth of the general government final consumption expenditure in Mongolia?
- Annual growth of the general government final consumption expenditure in Mongolia was 14.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the general government final consumption expenditure recorded in Mongolia?
- The highest recorded value was 19.9% in 2012.
- What is the lowest annual growth of the general government final consumption expenditure recorded in Mongolia?
- The lowest recorded value was -4.7% in 2015.
- How does Mongolia rank for annual growth of the general government final consumption expenditure?
- Mongolia ranks 7th out of 181 countries with data for 2024.
- Is annual growth of the general government final consumption expenditure rising or falling in Mongolia?
- Over the last ten years it is up 16.7%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the general government final consumption expenditure (%). Statizoid updates them automatically from the source API.
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