Total Expenditure (general government) — Value US$ (general US) in Mongolia

Mongolia: Total Expenditure (general government) — Value US$ (general US) was 8,847 million USD in 2024. ◆ Volatile

Latest (2024)
8,847 million USD
Change on year
up 44.8%
World rank
86th
of 122 countries
All-time high
8,847 million USD
in 2024
All-time low
404.5 million USD
in 2001
Years of data
24
2001–2024

Total Expenditure (general government) — Value US$ in Mongolia, 2001–2024

02.0k4.0k6.0k8.0k2001201220242001: 404.5 million USD2002: 452.6 million USD2003: 527.6 million USD2004: 673.7 million USD2005: 592.7 million USD2006: 1.3k million USD2007: 1.4k million USD2008: 2.1k million USD2009: 1.6k million USD2010: 2.2k million USD2011: 3.6k million USD2012: 4.5k million USD2013: 4.1k million USD2014: 3.5k million USD2015: 3.6k million USD2016: 4.4k million USD2017: 3.7k million USD2018: 3.9k million USD2019: 5.2k million USD2020: 5.5k million USD2021: 6.3k million USD2022: 5.8k million USD2023: 6.1k million USD2024: 8.8k million USD

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

Analysis

In 2024, total expenditure (general government) — value us$ in Mongolia stood at 8,847 million USD. That is the highest value across all 24 years on record.

That represents a change of up 44.8% on the previous year and up 154.6% over ten years.

Over the whole period, total expenditure (general government) — value us$ in Mongolia peaked at 8,847 million USD in 2024 and was at its lowest, 404.5 million USD, in 2001.

Mongolia ranks 86th of 122 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.

Total Expenditure (general government) — Value US$ (general US) in Mongolia, year by year

Annual values for Total Expenditure (general government) — Value US$ in Mongolia, 2001 to 2024.
Year million USD Change
2001 404.5 million USD —
2002 452.65 million USD +11.9%
2003 527.56 million USD +16.5%
2004 673.68 million USD +27.7%
2005 592.69 million USD -12.0%
2006 1,278 million USD +115.6%
2007 1,423 million USD +11.4%
2008 2,077 million USD +46.0%
2009 1,606 million USD -22.7%
2010 2,163 million USD +34.7%
2011 3,620 million USD +67.4%
2012 4,477 million USD +23.7%
2013 4,061 million USD -9.3%
2014 3,475 million USD -14.4%
2015 3,623 million USD +4.3%
2016 4,436 million USD +22.5%
2017 3,658 million USD -17.6%
2018 3,912 million USD +6.9%
2019 5,168 million USD +32.1%
2020 5,539 million USD +7.2%
2021 6,284 million USD +13.4%
2022 5,788 million USD -7.9%
2023 6,110 million USD +5.6%
2024 8,847 million USD +44.8%

Mongolia compared with similar countries

  • Mongolia's 8,847 million USD is below the median for upper middle income countries, which is 17,402 million USD, 51% of the median. (32 countries reporting)
  • Mongolia's 8,847 million USD is below the median for East Asia & Pacific, which is 62,155 million USD, 14% of the median. (12 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 1,004 million USD 404.5 million USD 2,077 million USD 9
2010s 3,859 million USD 2,163 million USD 5,168 million USD 10
2020s 6,514 million USD 5,539 million USD 8,847 million USD 5

Countries ranked near Mongolia

  1. 83 Malta 9,352 million USD compare
  2. 84 Afghanistan 9,096 million USD compare
  3. 85 Uganda 9,000 million USD compare
  4. 87 Bosnia and Herzegovina 8,313 million USD compare
  5. 88 Albania 7,819 million USD compare
  6. 89 Armenia 7,591 million USD compare

See the full ranking of 123 places →

More economy & growth data for Mongolia

All data for Mongolia →

Frequently asked questions

What is total expenditure (general government) — value us$ in Mongolia?
Total expenditure (general government) — value us$ in Mongolia was 8,847 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest total expenditure (general government) — value us$ recorded in Mongolia?
The highest recorded value was 8,847 million USD in 2024.
What is the lowest total expenditure (general government) — value us$ recorded in Mongolia?
The lowest recorded value was 404.5 million USD in 2001.
How does Mongolia rank for total expenditure (general government) — value us$?
Mongolia ranks 86th out of 122 countries with data for 2024.
Is total expenditure (general government) — value us$ rising or falling in Mongolia?
Over the last ten years it is up 154.6%. 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 (general government) — Value US$. Statizoid updates them automatically from the source API.

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Total Expenditure (general government) — Value US$ in Mongolia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 15 November 2026, from https://economy.statizoid.com/stat/total-expenditure-general-government-value-us/mongolia/

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About this data

Indicator
Total Expenditure (general government) — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
123 places, 2,235 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.