Mongolia vs Russia: Taxes on income, profits and capital gains (current LCU)
Taxes on income, profits and capital gains (current LCU) over time
- Mongolia
- Russia
How they compare
Mongolia currently reports 4.45 trillion current LCU against 3.17 trillion current LCU in Russia, a difference of 1.28 trillion current LCU.
That makes Mongolia's figure about 1.4 times Russia's.
The two have swapped places 6 times across 27 shared years of data; in 1994 it was Mongolia ahead.
Mongolia ranks 19th and Russia ranks 21st of 153 countries.
Across the 4 decades both report, Mongolia averaged higher in 2 and Russia in 2.
Head to head by decade
| Decade | Mongolia | Russia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 22.11 billion current LCU | 50.50 billion current LCU | 28.39 billion current LCU | Russia |
| 2000s | 270.15 billion current LCU | 340.23 billion current LCU | 70.08 billion current LCU | Russia |
| 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 Russia?
- Mongolia, at 4.45 trillion current LCU against 3.17 trillion current LCU in Russia as of 2024.
- What is the difference in taxes on income, profits and capital gains between Mongolia and Russia?
- 1.28 trillion current LCU, with Mongolia ahead.
- How many years of comparable data are there for Mongolia and Russia?
- 27 years are reported by both, from 1994 to 2024.
- How do Mongolia and Russia rank globally for taxes on income, profits and capital gains?
- Mongolia ranks 19th and Russia 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.