China (People’s Republic of) vs Mongolia: Taxes on goods and services
Taxes on goods and services over time
- China (People’s Republic of)
- Mongolia
How they compare
Mongolia currently reports 7.09 trillion current LCU against 5.69 trillion current LCU in China (People’s Republic of), a difference of 1.40 trillion current LCU.
That makes Mongolia's figure about 1.2 times China (People’s Republic of)'s.
The two have swapped places 1 time across 19 shared years of data; in 2006 it was China (People’s Republic of) ahead.
China (People’s Republic of) ranks 19th and Mongolia ranks 17th of 157 countries.
China (People’s Republic of) has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | China (People’s Republic of) | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.90 trillion current LCU | 497.13 billion current LCU | 1.40 trillion current LCU | China (People’s Republic of) |
| 2010s | 4.04 trillion current LCU | 2.01 trillion current LCU | 2.04 trillion current LCU | China (People’s Republic of) |
| 2020s | 5.47 trillion current LCU | 4.97 trillion current LCU | 501.38 billion current LCU | China (People’s Republic of) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, China (People’s Republic of) or Mongolia?
- Mongolia, at 7.09 trillion current LCU against 5.69 trillion current LCU in China (People’s Republic of) as of 2024.
- What is the difference in taxes on goods and services between China (People’s Republic of) and Mongolia?
- 1.40 trillion current LCU, with Mongolia ahead.
- How many years of comparable data are there for China (People’s Republic of) and Mongolia?
- 19 years are reported by both, from 2006 to 2024.
- How do China (People’s Republic of) and Mongolia rank globally for taxes on goods and services?
- China (People’s Republic of) 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.
Individual pages
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.