Total Expenditure (central government) — Value Standard Local Currency in Mongolia
Mongolia: Total Expenditure (central government) — Value Standard Local Currency was 20.90 million million SLC in 2024. ◆ Volatile
Total Expenditure (central government) — Value Standard Local Currency in Mongolia, 2001–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Mongolia recorded 20.90 million million SLC for total expenditure (central government) — value standard local currency in 2024. That is the highest value across all 22 years on record.
That represents a change of up 21.9% on the previous year and up 392.5% over ten years.
Over the whole period, total expenditure (central government) — value standard local currency in Mongolia peaked at 20.90 million million SLC in 2024 and was at its lowest, 275,752 million SLC, in 2001.
Mongolia ranks 19th of 174 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total Expenditure (central government) — Value Standard Local Currency in Mongolia, year by year
| Year | million SLC | Change |
|---|---|---|
| 2001 | 275,752 million SLC | — |
| 2002 | 371,146 million SLC | +34.6% |
| 2003 | 515,743 million SLC | +39.0% |
| 2006 | 1.27 million million SLC | +146.0% |
| 2007 | 1.56 million million SLC | +22.8% |
| 2008 | 2.01 million million SLC | +28.7% |
| 2009 | 1.78 million million SLC | -11.5% |
| 2010 | 2.42 million million SLC | +36.6% |
| 2011 | 3.91 million million SLC | +61.4% |
| 2012 | 5.15 million million SLC | +31.7% |
| 2013 | 4.83 million million SLC | -6.3% |
| 2014 | 4.24 million million SLC | -12.1% |
| 2015 | 5.31 million million SLC | +25.0% |
| 2016 | 8.15 million million SLC | +53.6% |
| 2017 | 7.10 million million SLC | -12.9% |
| 2018 | 7.05 million million SLC | -0.7% |
| 2019 | 8.80 million million SLC | +24.8% |
| 2020 | 11.88 million million SLC | +35.1% |
| 2021 | 13.35 million million SLC | +12.3% |
| 2022 | 11.35 million million SLC | -15.0% |
| 2023 | 17.14 million million SLC | +51.1% |
| 2024 | 20.90 million million SLC | +21.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.11 million million SLC | 275,752 million SLC | 2.01 million million SLC | 7 |
| 2010s | 5.70 million million SLC | 2.42 million million SLC | 8.80 million million SLC | 10 |
| 2020s | 14.92 million million SLC | 11.35 million million SLC | 20.90 million million SLC | 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)
- GNI (current US$), annual growth rate 6.61 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.8878 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 6,311 current US$ per person (2025)
- GNI (current LCU), annual growth rate 11.49 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 3,147 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 22.37 million current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual -6.65 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual -11.53 % change on previous year (2025)
Frequently asked questions
- What is total expenditure (central government) — value standard local currency in Mongolia?
- Total expenditure (central government) — value standard local currency in Mongolia was 20.90 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value standard local currency recorded in Mongolia?
- The highest recorded value was 20.90 million million SLC in 2024.
- What is the lowest total expenditure (central government) — value standard local currency recorded in Mongolia?
- The lowest recorded value was 275,752 million SLC in 2001.
- How does Mongolia rank for total expenditure (central government) — value standard local currency?
- Mongolia ranks 19th out of 174 countries with data for 2024.
- Is total expenditure (central government) — value standard local currency rising or falling in Mongolia?
- Over the last ten years it is up 392.5%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (central government) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.