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

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

Latest (2024)
8,847 million USD
Change on year
up 44.8%
World rank
85th
of 121 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) β€” 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) β€” 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) β€” 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 85th of 121 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 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. 82 Malta 9,352 million USD compare
  2. 83 Afghanistan 9,096 million USD compare
  3. 84 Uganda 9,000 million USD compare
  4. 86 Bosnia and Herzegovina 8,313 million USD compare
  5. 87 Albania 7,819 million USD compare
  6. 88 Armenia 7,591 million USD compare

See the full ranking of 123 places β†’

More economy & growth data for Mongolia

All data for Mongolia β†’

Frequently asked questions

What is total expenditure (general government) β€” value us$ in Mongolia?
Total expenditure (general government) β€” 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) β€” value us$ recorded in Mongolia?
The highest recorded value was 8,847 million USD in 2024.
What is the lowest total expenditure (general government) β€” 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) β€” value us$?
Mongolia ranks 85th out of 121 countries with data for 2024.
Is total expenditure (general government) β€” value us$ 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) β€” Value US$. Statizoid updates them automatically from the source API.

Download this data

CSV Β· JSON β€” 24 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).

About this data

Indicator
Total Expenditure (general 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
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.