Gross national expenditure in Mongolia

Mongolia: Gross national expenditure was 24.74 billion current US$ in 2025. ◆ Volatile

Latest (2025)
24.74 billion current US$
Change on year
up 3.5%
World rank
122nd
of 186 countries
All-time high
24.74 billion current US$
in 2025
All-time low
653.03 million current US$
in 1993
Years of data
45
1981–2025

Gross national expenditure in Mongolia, 1981–2025

05.0B10.0B15.0B20.0B25.0B1981200320251981: 3.4B current US$1982: 3.5B current US$1983: 3.7B current US$1984: 2.9B current US$1985: 3.1B current US$1986: 4.3B current US$1987: 4.3B current US$1988: 4.4B current US$1989: 4.5B current US$1990: 2.7B current US$1991: 2.5B current US$1992: 1.2B current US$1993: 653.0M current US$1994: 785.2M current US$1995: 1.3B current US$1996: 1.3B current US$1997: 1.1B current US$1998: 1.2B current US$1999: 1.1B current US$2000: 1.4B current US$2001: 1.5B current US$2002: 1.6B current US$2003: 1.9B current US$2004: 2.2B current US$2005: 2.6B current US$2006: 3.2B current US$2007: 4.3B current US$2008: 6.4B current US$2009: 4.9B current US$2010: 7.9B current US$2011: 12.7B current US$2012: 15.1B current US$2013: 15.4B current US$2014: 12.8B current US$2015: 11.8B current US$2016: 11.1B current US$2017: 11.2B current US$2018: 14.5B current US$2019: 15.1B current US$2020: 13.1B current US$2021: 16.0B current US$2022: 18.5B current US$2023: 18.6B current US$2024: 23.9B current US$2025: 24.7B current US$

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.

Analysis

In 2025, gross national expenditure in Mongolia stood at 24.74 billion current US$. That is the highest value across all 45 years on record.

That represents a change of up 3.5% on the previous year and up 110.2% over ten years.

Over the whole period, gross national expenditure in Mongolia peaked at 24.74 billion current US$ in 2025 and was at its lowest, 653.03 million current US$, in 1993.

Mongolia ranks 122nd of 186 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.

Gross national expenditure in Mongolia, year by year

Annual values for Gross national expenditure (current US$) in Mongolia, 1981 to 2025.
Year current US$ Change
1981 3.40 billion current US$ —
1982 3.53 billion current US$ +3.8%
1983 3.70 billion current US$ +4.9%
1984 2.85 billion current US$ -23.0%
1985 3.09 billion current US$ +8.5%
1986 4.35 billion current US$ +40.6%
1987 4.29 billion current US$ -1.4%
1988 4.42 billion current US$ +3.0%
1989 4.47 billion current US$ +1.2%
1990 2.67 billion current US$ -40.3%
1991 2.55 billion current US$ -4.6%
1992 1.18 billion current US$ -53.5%
1993 653.03 million current US$ -44.8%
1994 785.19 million current US$ +20.2%
1995 1.33 billion current US$ +69.1%
1996 1.31 billion current US$ -1.4%
1997 1.08 billion current US$ -17.7%
1998 1.18 billion current US$ +9.1%
1999 1.11 billion current US$ -5.8%
2000 1.36 billion current US$ +22.5%
2001 1.49 billion current US$ +9.8%
2002 1.65 billion current US$ +10.5%
2003 1.86 billion current US$ +13.0%
2004 2.20 billion current US$ +18.3%
2005 2.65 billion current US$ +20.2%
2006 3.24 billion current US$ +22.4%
2007 4.25 billion current US$ +31.3%
2008 6.44 billion current US$ +51.4%
2009 4.90 billion current US$ -23.8%
2010 7.91 billion current US$ +61.3%
2011 12.69 billion current US$ +60.5%
2012 15.05 billion current US$ +18.6%
2013 15.42 billion current US$ +2.4%
2014 12.82 billion current US$ -16.9%
2015 11.77 billion current US$ -8.2%
2016 11.10 billion current US$ -5.7%
2017 11.21 billion current US$ +0.9%
2018 14.50 billion current US$ +29.4%
2019 15.05 billion current US$ +3.8%
2020 13.14 billion current US$ -12.7%
2021 15.99 billion current US$ +21.8%
2022 18.54 billion current US$ +15.9%
2023 18.58 billion current US$ +0.2%
2024 23.90 billion current US$ +28.6%
2025 24.74 billion current US$ +3.5%

Mongolia compared with similar countries

  • Mongolia's 24.74 billion current US$ is below the median for upper middle income countries, which is 60.77 billion current US$, 41% of the median. (52 countries reporting)
  • Mongolia's 24.74 billion current US$ is above the median for East Asia & Pacific, which is 24.74 billion current US$, 1.0× the median. (29 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 3.79 billion current US$ 2.85 billion current US$ 4.47 billion current US$ 9
1990s 1.38 billion current US$ 653.03 million current US$ 2.67 billion current US$ 10
2000s 3.00 billion current US$ 1.36 billion current US$ 6.44 billion current US$ 10
2010s 12.75 billion current US$ 7.91 billion current US$ 15.42 billion current US$ 10
2020s 19.15 billion current US$ 13.14 billion current US$ 24.74 billion current US$ 6

Countries ranked near Mongolia

  1. 119 Mozambique 25.54 billion current US$ compare
  2. 120 Benin 25.31 billion current US$ compare
  3. 121 Nicaragua 25.19 billion current US$ compare
  4. 123 Jordan 23.53 billion current US$ compare
  5. 124 Palestine 22.87 billion current US$ compare
  6. 125 Malta 22.44 billion current US$ compare

See the full ranking of 229 places →

More economy & growth data for Mongolia

All data for Mongolia →

Frequently asked questions

What is gross national expenditure in Mongolia?
Gross national expenditure in Mongolia was 24.74 billion current US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross national expenditure recorded in Mongolia?
The highest recorded value was 24.74 billion current US$ in 2025.
What is the lowest gross national expenditure recorded in Mongolia?
The lowest recorded value was 653.03 million current US$ in 1993.
How does Mongolia rank for gross national expenditure?
Mongolia ranks 122nd out of 186 countries with data for 2025.
Is gross national expenditure rising or falling in Mongolia?
Over the last ten years it is up 110.2%. The long-run trend across the full record is volatile.
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 Gross national expenditure (current US$). Statizoid updates them automatically from the source API.

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Gross national expenditure in Mongolia. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 27 September 2026, from https://economy.statizoid.com/stat/gross-national-expenditure-current-us/mongolia/

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About this data

Indicator
Gross national expenditure (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
229 places, 10,855 data points, 1960–2025
Last refreshed

Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.