Mongolia vs Russian Federation: Taxes on income, profits and capital gains
Taxes on income, profits and capital gains over time
- Mongolia
- Russian Federation
How they compare
Mongolia currently reports 4.45 trillion current LCU against 3.17 trillion current LCU in Russian Federation, a difference of 1.28 trillion current LCU.
That makes Mongolia's figure about 1.4 times Russian Federation's.
The two have swapped places 6 times across 27 shared years of data; in 1994 it was Mongolia ahead.
Mongolia ranks 19th and Russian Federation ranks 21st of 153 countries.
Across the 4 decades both report, Mongolia averaged higher in 2 and Russian Federation in 2.
Head to head by decade
| Decade | Mongolia | Russian Federation | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 22.11 billion current LCU | 50.50 billion current LCU | 28.39 billion current LCU | Russian Federation |
| 2000s | 270.15 billion current LCU | 340.23 billion current LCU | 70.08 billion current LCU | Russian Federation |
| 2010s | 902.36 billion current LCU | 412.15 billion current LCU | 490.21 billion current LCU | Mongolia |
| 2020s | 2.64 trillion current LCU | 2.36 trillion current LCU | 287.42 billion current LCU | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Mongolia or Russian Federation?
- Mongolia, at 4.45 trillion current LCU against 3.17 trillion current LCU in Russian Federation as of 2024.
- What is the difference in taxes on income, profits and capital gains between Mongolia and Russian Federation?
- 1.28 trillion current LCU, with Mongolia ahead.
- How many years of comparable data are there for Mongolia and Russian Federation?
- 27 years are reported by both, from 1994 to 2024.
- How do Mongolia and Russian Federation rank globally for taxes on income, profits and capital gains?
- Mongolia ranks 19th and Russian Federation ranks 21st of 153 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on income, profits and capital gains (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. 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.