Total Expenditure (central government) — Value US$, 2015 prices in Mongolia

Mongolia: Total Expenditure (central government) — Value US$, 2015 prices was 4,334 million USD in 2024. ▲ Rising

Latest (2024)
4,334 million USD
Change on year
up 12.6%
World rank
110th
of 173 countries
All-time high
4,334 million USD
in 2024
All-time low
678.98 million USD
in 2001
Years of data
22
2001–2024

Total Expenditure (central government) — Value US$, 2015 prices in Mongolia, 2001–2024

1.0k2.0k3.0k4.0k2001201220242001: 679 million USD2002: 859.1 million USD2003: 1.1k million USD2006: 1.6k million USD2007: 1.7k million USD2008: 1.8k million USD2009: 1.6k million USD2010: 1.8k million USD2011: 2.5k million USD2012: 2.9k million USD2013: 2.7k million USD2014: 2.2k million USD2015: 2.7k million USD2016: 4.0k million USD2017: 3.2k million USD2018: 2.9k million USD2019: 3.3k million USD2020: 4.3k million USD2021: 4.2k million USD2022: 3.0k million USD2023: 3.8k million USD2024: 4.3k million USD

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

The most recent figure for total expenditure (central government) — value us$, 2015 prices in Mongolia is 4,334 million USD, measured in 2024. That is the highest value across all 22 years on record.

Compared with earlier readings it is up 12.6% on the previous year and up 97.8% over ten years.

Over the whole period, total expenditure (central government) — value us$, 2015 prices in Mongolia peaked at 4,334 million USD in 2024 and was at its lowest, 678.98 million USD, in 2001.

That places Mongolia 110th out of 173 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 22 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 1,327 million USD 678.98 million USD 1,817 million USD 7
2010s 2,819 million USD 1,797 million USD 4,016 million USD 10
2020s 3,946 million USD 3,043 million USD 4,334 million USD 5

Countries ranked near Mongolia

  1. 107 Mauritius 4,672 million USD compare
  2. 108 Armenia 4,600 million USD compare
  3. 109 North Macedonia 4,398 million USD compare
  4. 111 Guyana 4,266 million USD compare
  5. 112 Mali 4,137 million USD compare
  6. 113 Brunei Darussalam 4,089 million USD compare

See the full ranking of 188 places →

More economy & growth data for Mongolia

All data for Mongolia →

Frequently asked questions

What is total expenditure (central government) — value us$, 2015 prices in Mongolia?
Total expenditure (central government) — value us$, 2015 prices in Mongolia was 4,334 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest total expenditure (central government) — value us$, 2015 prices recorded in Mongolia?
The highest recorded value was 4,334 million USD in 2024.
What is the lowest total expenditure (central government) — value us$, 2015 prices recorded in Mongolia?
The lowest recorded value was 678.98 million USD in 2001.
How does Mongolia rank for total expenditure (central government) — value us$, 2015 prices?
Mongolia ranks 110th out of 173 countries with data for 2024.
Is total expenditure (central government) — value us$, 2015 prices rising or falling in Mongolia?
Over the last ten years it is up 97.8%. The long-run trend across the full record is rising.
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 US$, 2015 prices. Statizoid updates them automatically from the source API.

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Total Expenditure (central government) — Value US$, 2015 prices in Mongolia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 21 August 2026, from https://economy.statizoid.com/stat/total-expenditure-central-government-value-us-2015-prices/mongolia/

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About this data

Indicator
Total Expenditure (central government) — Value US$, 2015 prices
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
188 places, 3,857 data points, 2001–2024
Last refreshed

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.