Government spending as share of GDP in Mongolia
Mongolia: Government spending as share of GDP was 37.5% in 2024. ▬ Flat
Latest (2024)
37.5%
Change on year
up 17.6%
World rank
50th
of 151 countries
All-time high
46.0%
in 1991
All-time low
25.1%
in 2005
Years of data
34
1991–2024
Government spending as share of GDP in Mongolia, 1991–2024
Source: International Monetary Fund (2025) – with minor processing by Our World in Data. Measured in % of GDP.
Analysis
Mongolia recorded 37.5% for government spending as share of gdp in 2024.
The figure is up 17.6% on the previous year and up 16.7% over ten years.
Over the whole period, government spending as share of gdp in Mongolia peaked at 46.0% in 1991 and was at its lowest, 25.1%, in 2005.
That places Mongolia 50th out of 151 countries with data for 2024, putting it in the middle of the range.
Government spending as share of GDP in Mongolia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1991 | 46.0% | — |
| 1992 | 29.1% | -36.7% |
| 1993 | 38.3% | +31.5% |
| 1994 | 32.2% | -16.0% |
| 1995 | 26.6% | -17.3% |
| 1996 | 28.6% | +7.6% |
| 1997 | 30.8% | +7.7% |
| 1998 | 36.2% | +17.4% |
| 1999 | 33.2% | -8.3% |
| 2000 | 34.5% | +4.0% |
| 2001 | 35.2% | +1.9% |
| 2002 | 35.5% | +0.9% |
| 2003 | 33.7% | -5.2% |
| 2004 | 31.8% | -5.5% |
| 2005 | 25.1% | -21.1% |
| 2006 | 26.2% | +4.3% |
| 2007 | 35.3% | +34.8% |
| 2008 | 37.6% | +6.6% |
| 2009 | 35.5% | -5.8% |
| 2010 | 31.6% | -10.9% |
| 2011 | 37.9% | +20.1% |
| 2012 | 36.1% | -4.9% |
| 2013 | 32.2% | -10.8% |
| 2014 | 32.1% | -0.0% |
| 2015 | 31.2% | -3.0% |
| 2016 | 39.7% | +27.3% |
| 2017 | 32.2% | -18.9% |
| 2018 | 28.4% | -11.7% |
| 2019 | 30.8% | +8.5% |
| 2020 | 37.1% | +20.5% |
| 2021 | 35.9% | -3.3% |
| 2022 | 33.7% | -6.0% |
| 2023 | 31.9% | -5.4% |
| 2024 | 37.5% | +17.6% |
Mongolia compared with similar countries
- Mongolia's 37.5% is above the median for upper middle income countries, which is 30.9%, 1.2× the median. (44 countries reporting)
- Mongolia's 37.5% is above the median for East Asia & Pacific, which is 30.8%, 1.2× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 33.5% | 26.6% | 46.0% | 9 |
| 2000s | 33.0% | 25.1% | 37.6% | 10 |
| 2010s | 33.2% | 28.4% | 39.7% | 10 |
| 2020s | 35.2% | 31.9% | 37.5% | 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)
- 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 government spending as share of gdp in Mongolia?
- Government spending as share of gdp in Mongolia was 37.5% in 2024, according to International Monetary Fund (2025) – with minor processing by Our World in Data.
- What is the highest government spending as share of gdp recorded in Mongolia?
- The highest recorded value was 46.0% in 1991.
- What is the lowest government spending as share of gdp recorded in Mongolia?
- The lowest recorded value was 25.1% in 2005.
- How does Mongolia rank for government spending as share of gdp?
- Mongolia ranks 50th out of 151 countries with data for 2024.
- Is government spending as share of gdp rising or falling in Mongolia?
- Over the last ten years it is up 16.7%. The long-run trend across the full record is flat.
- Where does this Mongolia data come from?
- The figures come from International Monetary Fund (2025) – with minor processing by Our World in Data, published as part of Government spending as share of GDP. Statizoid updates them automatically from the source API.
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About this data
Sum of all the money spent by the government on goods and services, as a percentage of GDP. It includes interest paid on government debt.