India vs Mongolia: Tax revenue
India
18.11 trillion current LCU
in 2022
Mongolia
13.60 trillion current LCU
in 2024
India rank
16th
Mongolia rank
19th
Tax revenue over time
- India
- Mongolia
How they compare
India currently reports 18.11 trillion current LCU against 13.60 trillion current LCU in Mongolia, a difference of 4.51 trillion current LCU.
That makes India's figure about 1.3 times Mongolia's.
Across all 26 years both countries report, India has been ahead every year.
India ranks 16th and Mongolia ranks 19th of 157 countries.
India has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | India | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.17 trillion current LCU | 63.44 billion current LCU | 1.11 trillion current LCU | India |
| 2000s | 3.93 trillion current LCU | 717.65 billion current LCU | 3.21 trillion current LCU | India |
| 2010s | 14.03 trillion current LCU | 3.05 trillion current LCU | 10.98 trillion current LCU | India |
| 2020s | 18.11 trillion current LCU | 8.49 trillion current LCU | 9.61 trillion current LCU | India |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, India or Mongolia?
- India, at 18.11 trillion current LCU against 13.60 trillion current LCU in Mongolia as of 2022.
- What is the difference in tax revenue between India and Mongolia?
- 4.51 trillion current LCU, with India ahead.
- How many years of comparable data are there for India and Mongolia?
- 26 years are reported by both, from 1992 to 2022.
- How do India and Mongolia rank globally for tax revenue?
- India ranks 16th and Mongolia ranks 19th of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Tax revenue (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.