Total Expenditure (central government) β€” Value US$ in Mongolia

Mongolia: Total Expenditure (central government) β€” Value US$ was 6,166 million USD in 2024. β—† Volatile

Latest (2024)
6,166 million USD
Change on year
up 24.6%
World rank
112th
of 185 countries
All-time high
6,166 million USD
in 2024
All-time low
251.21 million USD
in 2001
Years of data
22
2001–2024

Total Expenditure (central government) β€” Value US$ in Mongolia, 2001–2024

02.0k4.0k6.0k2001201220242001: 251.2 million USD2002: 334.3 million USD2003: 449.8 million USD2006: 1.1k million USD2007: 1.3k million USD2008: 1.7k million USD2009: 1.2k million USD2010: 1.8k million USD2011: 3.1k million USD2012: 3.8k million USD2013: 3.2k million USD2014: 2.3k million USD2015: 2.7k million USD2016: 3.8k million USD2017: 2.9k million USD2018: 2.9k million USD2019: 3.3k million USD2020: 4.2k million USD2021: 4.7k million USD2022: 3.6k million USD2023: 4.9k million USD2024: 6.2k million USD

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

Analysis

In 2024, total expenditure (central government) β€” value us$ in Mongolia stood at 6,166 million USD. That is the highest value across all 22 years on record.

The figure is up 24.6% on the previous year and up 164.1% over ten years.

Over the whole period, total expenditure (central government) β€” value us$ in Mongolia peaked at 6,166 million USD in 2024 and was at its lowest, 251.21 million USD, in 2001.

Mongolia ranks 112th of 185 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 913.84 million USD 251.21 million USD 1,720 million USD 7
2010s 2,974 million USD 1,786 million USD 3,807 million USD 10
2020s 4,727 million USD 3,613 million USD 6,166 million USD 5

Countries ranked near Mongolia

  1. 109 Democratic Republic of the Congo 6,565 million USD compare
  2. 110 Botswana 6,294 million USD compare
  3. 111 Burkina Faso 6,249 million USD compare
  4. 113 North Macedonia 6,122 million USD compare
  5. 114 Albania 5,776 million USD compare
  6. 115 Sudan 5,628 million USD compare

See the full ranking of 188 places β†’

More economy & growth data for Mongolia

All data for Mongolia β†’

Frequently asked questions

What is total expenditure (central government) β€” value us$ in Mongolia?
Total expenditure (central government) β€” value us$ in Mongolia was 6,166 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest total expenditure (central government) β€” value us$ recorded in Mongolia?
The highest recorded value was 6,166 million USD in 2024.
What is the lowest total expenditure (central government) β€” value us$ recorded in Mongolia?
The lowest recorded value was 251.21 million USD in 2001.
How does Mongolia rank for total expenditure (central government) β€” value us$?
Mongolia ranks 112th out of 185 countries with data for 2024.
Is total expenditure (central government) β€” value us$ rising or falling in Mongolia?
Over the last ten years it is up 164.1%. 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) β€” Value US$. Statizoid updates them automatically from the source API.

Download this data

CSV Β· JSON β€” 22 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).

About this data

Indicator
Total Expenditure (central government) β€” Value US$
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.