Taxes on goods and services as share of GDP in Mongolia
Mongolia: Taxes on goods and services as share of GDP was 6.7% in 2022. ▲ Rising
Taxes on goods and services as share of GDP in Mongolia, 1993–2022
Source: UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Measured in % of GDP.
Analysis
Mongolia recorded 6.7% for taxes on goods and services as share of gdp in 2022.
The figure is down 20.5% on the previous year and down 30.6% over ten years.
Over the whole period, taxes on goods and services as share of gdp in Mongolia peaked at 11.3% in 2001 and was at its lowest, 4.3%, in 1995.
That places Mongolia 105th out of 187 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently rising across the 28 years of available data.
Taxes on goods and services as share of GDP in Mongolia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1993 | 6.2% | — |
| 1994 | 5.1% | -17.8% |
| 1995 | 4.3% | -15.5% |
| 1996 | 5.0% | +16.9% |
| 1997 | 6.8% | +34.6% |
| 1998 | 8.1% | +19.9% |
| 1999 | 8.1% | -0.9% |
| 2000 | 9.6% | +18.8% |
| 2001 | 11.3% | +18.2% |
| 2002 | 11.0% | -3.1% |
| 2003 | 9.9% | -10.0% |
| 2004 | 9.9% | +0.2% |
| 2005 | 8.5% | -13.5% |
| 2008 | 8.3% | -2.6% |
| 2009 | 7.5% | -10.2% |
| 2010 | 8.7% | +16.2% |
| 2011 | 10.7% | +23.0% |
| 2012 | 9.6% | -9.8% |
| 2013 | 9.8% | +1.9% |
| 2014 | 8.2% | -16.4% |
| 2015 | 7.2% | -12.7% |
| 2016 | 7.4% | +3.2% |
| 2017 | 7.6% | +3.2% |
| 2018 | 9.1% | +18.6% |
| 2019 | 8.8% | -2.3% |
| 2020 | 8.0% | -9.9% |
| 2021 | 8.4% | +5.5% |
| 2022 | 6.7% | -20.5% |
Mongolia compared with similar countries
- Mongolia's 6.7% is below the median for upper middle income countries, which is 9.9%, 68% of the median. (53 countries reporting)
- Mongolia's 6.7% is above the median for East Asia & Pacific, which is 6.0%, 1.1× the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.2% | 4.3% | 8.1% | 7 |
| 2000s | 9.5% | 7.5% | 11.3% | 8 |
| 2010s | 8.7% | 7.2% | 10.7% | 10 |
| 2020s | 7.7% | 6.7% | 8.4% | 3 |
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 taxes on goods and services as share of gdp in Mongolia?
- Taxes on goods and services as share of gdp in Mongolia was 6.7% in 2022, according to UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data.
- What is the highest taxes on goods and services as share of gdp recorded in Mongolia?
- The highest recorded value was 11.3% in 2001.
- What is the lowest taxes on goods and services as share of gdp recorded in Mongolia?
- The lowest recorded value was 4.3% in 1995.
- How does Mongolia rank for taxes on goods and services as share of gdp?
- Mongolia ranks 105th out of 187 countries with data for 2022.
- Is taxes on goods and services as share of gdp rising or falling in Mongolia?
- Over the last ten years it is down 30.6%. The long-run trend across the full record is rising.
- Where does this Mongolia data come from?
- The figures come from UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as part of Taxes on goods and services as share of GDP. Statizoid updates them automatically from the source API.
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About this data
Tax revenue on goods and services (including sales taxes, value added taxes and excise duties) divided by gross domestic product, expressed as a percentage.