Mongolia vs United States: Taxes on income, profits and capital gains (current LCU)
Taxes on income, profits and capital gains (current LCU) over time
- Mongolia
- United States
How they compare
Mongolia currently reports 4.45 trillion current LCU against 2.93 trillion current LCU in United States, a difference of 1.52 trillion current LCU.
That makes Mongolia's figure about 1.5 times United States's.
The two have swapped places 3 times across 31 shared years of data; in 1992 it was United States ahead.
Mongolia ranks 19th and United States ranks 22nd of 153 countries.
Across the 4 decades both report, Mongolia averaged higher in 1 and United States in 3.
Head to head by decade
| Decade | Mongolia | United States | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 22.99 billion current LCU | 808.22 billion current LCU | 785.23 billion current LCU | United States |
| 2000s | 270.15 billion current LCU | 1.21 trillion current LCU | 937.35 billion current LCU | United States |
| 2010s | 902.36 billion current LCU | 1.68 trillion current LCU | 780.31 billion current LCU | United States |
| 2020s | 2.64 trillion current LCU | 2.64 trillion current LCU | 438.00 million 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 United States?
- Mongolia, at 4.45 trillion current LCU against 2.93 trillion current LCU in United States as of 2024.
- What is the difference in taxes on income, profits and capital gains between Mongolia and United States?
- 1.52 trillion current LCU, with Mongolia ahead.
- How many years of comparable data are there for Mongolia and United States?
- 31 years are reported by both, from 1992 to 2024.
- How do Mongolia and United States rank globally for taxes on income, profits and capital gains?
- Mongolia ranks 19th and United States ranks 22nd 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.