Deficit, Percent of own spending in Mongolia
Mongolia: Deficit, Percent of own spending was -0.2941 in 2020. ◆ Volatile
Deficit, Percent of own spending in Mongolia, 1992–2020
Source: International Monetary Fund.
Analysis
Mongolia recorded -0.2941 for deficit, percent of own spending in 2020.
That represents a change of down 836.1% on the previous year and down 461.9% over ten years.
Over the whole period, deficit, percent of own spending in Mongolia peaked at 0.5077 in 1993 and was at its lowest, -0.5933, in 2016.
That places Mongolia 34th out of 66 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Deficit, Percent of own spending in Mongolia, year by year
| Year | Value | Change |
|---|---|---|
| 1992 | 0.2048 | — |
| 1993 | 0.5077 | +147.9% |
| 1994 | 0.3086 | -39.2% |
| 1995 | 0.5074 | +64.4% |
| 1996 | 0.2537 | -50.0% |
| 1997 | 0.0902 | -64.4% |
| 1998 | 0.0437 | -51.5% |
| 1999 | -0.1108 | -353.3% |
| 2000 | 0.1306 | -217.9% |
| 2001 | 0.1378 | +5.5% |
| 2002 | -0.1257 | -191.2% |
| 2003 | -0.0383 | -69.5% |
| 2006 | 0.2043 | -632.9% |
| 2007 | 0.2291 | +12.2% |
| 2008 | -0.1313 | -157.3% |
| 2009 | -0.1693 | +29.0% |
| 2010 | 0.0813 | -148.0% |
| 2011 | -0.1366 | -268.1% |
| 2012 | -0.2861 | +109.4% |
| 2013 | -0.127 | -55.6% |
| 2014 | -0.2032 | +60.0% |
| 2015 | -0.2602 | +28.0% |
| 2016 | -0.5933 | +128.0% |
| 2017 | -0.1974 | -66.7% |
| 2018 | 0.149 | -175.4% |
| 2019 | 0.04 | -73.2% |
| 2020 | -0.2941 | -836.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2257 | -0.1108 | 0.5077 | 8 |
| 2000s | 0.0296 | -0.1693 | 0.2291 | 8 |
| 2010s | -0.1534 | -0.5933 | 0.149 | 10 |
| 2020s | -0.2941 | -0.2941 | -0.2941 | 1 |
Countries ranked near Mongolia
More public sector data for Mongolia
- Arms imports 3.00 million SIPRI trend indicator values (2022)
- Arms imports (SIPRI trend indicator values), per capita 0.8737 SIPRI trend indicator values per person (2022)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2022)
- Arms imports (SIPRI trend indicator values), annual growth rate -88 % change on previous year (2022)
- Arms imports (SIPRI trend indicator values), gaps filled 3.00 million SIPRI trend indicator values (2022)
- Military expenditure (current USD), per capita 51.31 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0076 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 62.24 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 180.84 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 1.93 SIPRI trend indicator values per square kilometre (2022)
Frequently asked questions
- What is deficit, percent of own spending in Mongolia?
- Deficit, percent of own spending in Mongolia was -0.2941 in 2020, according to International Monetary Fund.
- What is the highest deficit, percent of own spending recorded in Mongolia?
- The highest recorded value was 0.5077 in 1993.
- What is the lowest deficit, percent of own spending recorded in Mongolia?
- The lowest recorded value was -0.5933 in 2016.
- How does Mongolia rank for deficit, percent of own spending?
- Mongolia ranks 34th out of 66 countries with data for 2020.
- Is deficit, percent of own spending rising or falling in Mongolia?
- Over the last ten years it is down 461.9%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from International Monetary Fund, published as part of Deficit, Percent of own spending (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.