India vs Mongolia: Taxes on goods and services
Taxes on goods and services over time
- India
- Mongolia
How they compare
India currently reports 7.99 trillion current LCU against 7.09 trillion current LCU in Mongolia, a difference of 899.53 billion current LCU.
That makes India's figure about 1.1 times Mongolia's.
Across all 25 years both countries report, India has been ahead every year.
India ranks 16th and Mongolia ranks 17th 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 | 461.73 billion current LCU | 34.14 billion current LCU | 427.59 billion current LCU | India |
| 2000s | 1.30 trillion current LCU | 322.98 billion current LCU | 973.66 billion current LCU | India |
| 2010s | 5.05 trillion current LCU | 1.85 trillion current LCU | 3.21 trillion current LCU | India |
| 2020s | 7.99 trillion current LCU | 4.84 trillion current LCU | 3.15 trillion current LCU | India |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, India or Mongolia?
- India, at 7.99 trillion current LCU against 7.09 trillion current LCU in Mongolia as of 2022.
- What is the difference in taxes on goods and services between India and Mongolia?
- 899.53 billion current LCU, with India ahead.
- How many years of comparable data are there for India and Mongolia?
- 25 years are reported by both, from 1992 to 2022.
- How do India and Mongolia rank globally for taxes on goods and services?
- India ranks 16th 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.