China vs Mongolia: Taxes on goods and services (current LCU)
Taxes on goods and services (current LCU) over time
- China
- Mongolia
How they compare
Mongolia currently reports 7.09 trillion current LCU against 5.69 trillion current LCU in China, a difference of 1.40 trillion current LCU.
That makes Mongolia's figure about 1.2 times China's.
The two have swapped places 1 time across 19 shared years of data; in 2006 it was China ahead.
China ranks 19th and Mongolia ranks 17th of 157 countries.
China has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | China | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.90 trillion current LCU | 497.13 billion current LCU | 1.40 trillion current LCU | China |
| 2010s | 4.04 trillion current LCU | 2.01 trillion current LCU | 2.04 trillion current LCU | China |
| 2020s | 5.47 trillion current LCU | 4.97 trillion current LCU | 501.38 billion current LCU | China |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, China or Mongolia?
- Mongolia, at 7.09 trillion current LCU against 5.69 trillion current LCU in China as of 2024.
- What is the difference in taxes on goods and services between China and Mongolia?
- 1.40 trillion current LCU, with Mongolia ahead.
- How many years of comparable data are there for China and Mongolia?
- 19 years are reported by both, from 2006 to 2024.
- How do China and Mongolia rank globally for taxes on goods and services?
- China ranks 19th and Mongolia ranks 17th of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on goods and services (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. 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.