Government spending vs. GDP in Mongolia

Mongolia: Government spending vs. GDP was 3.21 billion constant 2015 US$ in 2025. ▲ Rising

Latest (2025)
3.21 billion constant 2015 US$
Change on year
down 6.1%
World rank
109th
of 166 countries
All-time high
3.42 billion constant 2015 US$
in 2024
All-time low
1.01 billion constant 2015 US$
in 2010
Years of data
16
2010–2025

Government spending vs. GDP in Mongolia, 2010–2025

1.0B1.5B2.0B2.5B3.0B3.5B2010201720252010: 1.0B constant 2015 US$2011: 1.2B constant 2015 US$2012: 1.4B constant 2015 US$2013: 1.6B constant 2015 US$2014: 1.8B constant 2015 US$2015: 1.7B constant 2015 US$2016: 2.0B constant 2015 US$2017: 1.9B constant 2015 US$2018: 1.9B constant 2015 US$2019: 2.2B constant 2015 US$2020: 2.5B constant 2015 US$2021: 2.7B constant 2015 US$2022: 2.9B constant 2015 US$2023: 3.0B constant 2015 US$2024: 3.4B constant 2015 US$2025: 3.2B constant 2015 US$

Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in constant 2015 US$.

Analysis

The most recent figure for government spending vs. gdp in Mongolia is 3.21 billion constant 2015 US$, measured in 2025.

Compared with earlier readings it is down 6.1% on the previous year and up 85.9% over ten years.

Over the whole period, government spending vs. gdp in Mongolia peaked at 3.42 billion constant 2015 US$ in 2024 and was at its lowest, 1.01 billion constant 2015 US$, in 2010.

That places Mongolia 109th out of 166 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently rising across the 16 years of available data.

Government spending vs. GDP in Mongolia, year by year

Annual values for Government spending vs. GDP in Mongolia, 2010 to 2025.
Year constant 2015 US$ Change
2010 1.01 billion constant 2015 US$
2011 1.16 billion constant 2015 US$ +15.3%
2012 1.40 billion constant 2015 US$ +19.9%
2013 1.62 billion constant 2015 US$ +15.8%
2014 1.81 billion constant 2015 US$ +12.2%
2015 1.73 billion constant 2015 US$ -4.7%
2016 1.96 billion constant 2015 US$ +13.3%
2017 1.91 billion constant 2015 US$ -2.4%
2018 1.93 billion constant 2015 US$ +1.1%
2019 2.17 billion constant 2015 US$ +12.3%
2020 2.49 billion constant 2015 US$ +14.6%
2021 2.71 billion constant 2015 US$ +9.2%
2022 2.90 billion constant 2015 US$ +6.9%
2023 3.00 billion constant 2015 US$ +3.2%
2024 3.42 billion constant 2015 US$ +14.2%
2025 3.21 billion constant 2015 US$ -6.1%

Mongolia compared with similar countries

  • Mongolia's 3.21 billion constant 2015 US$ is below the median for upper middle income countries, which is 9.30 billion constant 2015 US$, 35% of the median. (45 countries reporting)
  • Mongolia's 3.21 billion constant 2015 US$ is below the median for East Asia & Pacific, which is 4.18 billion constant 2015 US$, 77% of the median. (24 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 1.67 billion constant 2015 US$ 1.01 billion constant 2015 US$ 2.17 billion constant 2015 US$ 10
2020s 2.96 billion constant 2015 US$ 2.49 billion constant 2015 US$ 3.42 billion constant 2015 US$ 6

Countries ranked near Mongolia

  1. 106 Yemen 3.50 billion constant 2015 US$ compare
  2. 107 Malta 3.48 billion constant 2015 US$ compare
  3. 108 Equatorial Guinea 3.47 billion constant 2015 US$ compare
  4. 110 Brunei 3.18 billion constant 2015 US$ compare
  5. 111 Nepal 3.02 billion constant 2015 US$ compare
  6. 112 Guinea 2.71 billion constant 2015 US$ compare

See the full ranking of 166 places →

More economy & growth data for Mongolia

All data for Mongolia →

Frequently asked questions

What is government spending vs. gdp in Mongolia?
Government spending vs. gdp in Mongolia was 3.21 billion constant 2015 US$ in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
What is the highest government spending vs. gdp recorded in Mongolia?
The highest recorded value was 3.42 billion constant 2015 US$ in 2024.
What is the lowest government spending vs. gdp recorded in Mongolia?
The lowest recorded value was 1.01 billion constant 2015 US$ in 2010.
How does Mongolia rank for government spending vs. gdp?
Mongolia ranks 109th out of 166 countries with data for 2025.
Is government spending vs. gdp rising or falling in Mongolia?
Over the last ten years it is up 85.9%. The long-run trend across the full record is rising.
Where does this Mongolia data come from?
The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Government spending vs. GDP. Statizoid updates them automatically from the source API.

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Government spending vs. GDP in Mongolia. Statizoid, drawing on National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Retrieved 22 September 2026, from https://economy.statizoid.com/stat/government-expenditure-vs-gdp/mongolia/

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About this data

Indicator
Government spending vs. GDP
Unit
constant 2015 US$
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
166 places, 7,062 data points, 1960–2025
Last refreshed

General government final consumption expenditure includes all government current expenditures for purchases of goods and services (including compensation of employees). Both measures are expressed in constant 2015 US$.