Revenue, excluding grants in Mongolia
Mongolia: Revenue, excluding grants was 31.6% in 2024. ▲ Rising
Revenue, excluding grants in Mongolia, 1992–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Mongolia recorded 31.6% for revenue, excluding grants in 2024.
Compared with earlier readings it is up 9.2% on the previous year and up 25.7% over ten years.
Over the whole period, revenue, excluding grants in Mongolia peaked at 37.7% in 2006 and was at its lowest, 15.4%, in 1992.
That places Mongolia 40th out of 157 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Revenue, excluding grants in Mongolia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1992 | 15.4% | — |
| 1993 | 19.9% | +29.1% |
| 1994 | 16.1% | -19.5% |
| 1995 | 16.1% | +0.2% |
| 1996 | 16.2% | +1.0% |
| 1997 | 17.3% | +6.5% |
| 1998 | 18.1% | +4.6% |
| 1999 | 18.2% | +0.6% |
| 2000 | 24.4% | +33.9% |
| 2001 | 25.4% | +4.4% |
| 2002 | 24.8% | -2.6% |
| 2003 | 30.2% | +22.1% |
| 2006 | 37.7% | +24.6% |
| 2007 | 37.6% | -0.3% |
| 2008 | 30.8% | -18.0% |
| 2009 | 26.8% | -12.9% |
| 2010 | 29.0% | +8.2% |
| 2011 | 28.6% | -1.5% |
| 2012 | 25.6% | -10.4% |
| 2013 | 27.7% | +8.1% |
| 2014 | 25.2% | -9.1% |
| 2015 | 22.8% | -9.3% |
| 2016 | 21.1% | -7.3% |
| 2017 | 24.8% | +17.4% |
| 2018 | 28.5% | +14.8% |
| 2019 | 30.7% | +7.7% |
| 2020 | 29.2% | -4.8% |
| 2021 | 29.0% | -0.8% |
| 2022 | 29.8% | +2.9% |
| 2023 | 28.9% | -3.0% |
| 2024 | 31.6% | +9.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17.2% | 15.4% | 19.9% | 8 |
| 2000s | 29.7% | 24.4% | 37.7% | 8 |
| 2010s | 26.4% | 21.1% | 30.7% | 10 |
| 2020s | 29.7% | 28.9% | 31.6% | 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)
- Manufacturing, value added (constant LCU), per capita 727,348 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 4.13 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.3725 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 2,648 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 8.89 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 1,321 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 9.39 million current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 10.98 % change on previous year (2025)
Frequently asked questions
- What is revenue, excluding grants in Mongolia?
- Revenue, excluding grants in Mongolia was 31.6% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest revenue, excluding grants recorded in Mongolia?
- The highest recorded value was 37.7% in 2006.
- What is the lowest revenue, excluding grants recorded in Mongolia?
- The lowest recorded value was 15.4% in 1992.
- How does Mongolia rank for revenue, excluding grants?
- Mongolia ranks 40th out of 157 countries with data for 2024.
- Is revenue, excluding grants rising or falling in Mongolia?
- Over the last ten years it is up 25.7%. The long-run trend across the full record is rising.
- Where does this Mongolia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Revenue, excluding grants (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.