Final consumption expenditure in Mongolia
Mongolia: Final consumption expenditure was 31.37 trillion constant LCU in 2025. ▲ Rising
Final consumption expenditure in Mongolia, 2010–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Mongolia recorded 31.37 trillion constant LCU for final consumption expenditure in 2025. That is the highest value across all 16 years on record.
That represents a change of up 5.7% on the previous year and up 78.5% over ten years.
Over the whole period, final consumption expenditure in Mongolia peaked at 31.37 trillion constant LCU in 2025 and was at its lowest, 10.15 trillion constant LCU, in 2010.
Mongolia ranks 25th of 177 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 16 years of available data.
Final consumption expenditure in Mongolia, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2010 | 10.15 trillion constant LCU | — |
| 2011 | 11.74 trillion constant LCU | +15.7% |
| 2012 | 13.42 trillion constant LCU | +14.3% |
| 2013 | 15.50 trillion constant LCU | +15.5% |
| 2014 | 16.66 trillion constant LCU | +7.5% |
| 2015 | 17.58 trillion constant LCU | +5.5% |
| 2016 | 18.28 trillion constant LCU | +4.0% |
| 2017 | 18.81 trillion constant LCU | +2.9% |
| 2018 | 20.61 trillion constant LCU | +9.6% |
| 2019 | 22.06 trillion constant LCU | +7.0% |
| 2020 | 23.05 trillion constant LCU | +4.5% |
| 2021 | 22.44 trillion constant LCU | -2.7% |
| 2022 | 24.19 trillion constant LCU | +7.8% |
| 2023 | 26.17 trillion constant LCU | +8.2% |
| 2024 | 29.68 trillion constant LCU | +13.4% |
| 2025 | 31.37 trillion constant LCU | +5.7% |
Mongolia compared with similar countries
- Mongolia's 31.37 trillion constant LCU is above the median for upper middle income countries, which is 1.54 trillion constant LCU, 20.4× the median. (48 countries reporting)
- Mongolia's 31.37 trillion constant LCU is above the median for East Asia & Pacific, which is 780.84 billion constant LCU, 40.2× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 16.48 trillion constant LCU | 10.15 trillion constant LCU | 22.06 trillion constant LCU | 10 |
| 2020s | 26.15 trillion constant LCU | 22.44 trillion constant LCU | 31.37 trillion constant LCU | 6 |
Countries ranked near Mongolia
- 22 Hungary 40.71 trillion constant LCU compare
- 23 Costa Rica 40.39 trillion constant LCU compare
- 24 Cote d'Ivoire 34.02 trillion constant LCU compare
- 26 Bangladesh 25.51 trillion constant LCU compare
- 27 Cameroon 23.14 trillion constant LCU compare
- 28 Mexico 21.10 trillion constant LCU compare
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 final consumption expenditure in Mongolia?
- Final consumption expenditure in Mongolia was 31.37 trillion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in Mongolia?
- The highest recorded value was 31.37 trillion constant LCU in 2025.
- What is the lowest final consumption expenditure recorded in Mongolia?
- The lowest recorded value was 10.15 trillion constant LCU in 2010.
- How does Mongolia rank for final consumption expenditure?
- Mongolia ranks 25th out of 177 countries with data for 2025.
- Is final consumption expenditure rising or falling in Mongolia?
- Over the last ten years it is up 78.5%. The long-run trend across the full record is rising.
- Where does this Mongolia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Final consumption expenditure (constant LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.