Goods and services expense (% of expense) in Mongolia
Mongolia: Goods and services expense (% of expense) was 11.8% in 2021. ▼ Falling
Goods and services expense in Mongolia, 1992–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2021, goods and services expense in Mongolia stood at 11.8%.
Compared with earlier readings it is down 20.7% on the previous year and down 38.0% over ten years.
Over the whole period, goods and services expense in Mongolia peaked at 37.2% in 2007 and was at its lowest, 11.1%, in 2015.
Mongolia ranks 93rd of 154 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 28 years of available data.
Goods and services expense (% of expense) in Mongolia, year by year
| Year | % of expense | Change |
|---|---|---|
| 1992 | 25.1% | — |
| 1993 | 22.2% | -11.3% |
| 1994 | 30.4% | +36.5% |
| 1995 | 29.6% | -2.5% |
| 1996 | 26.8% | -9.7% |
| 1997 | 26.6% | -0.5% |
| 1998 | 27.4% | +2.9% |
| 1999 | 24.6% | -10.3% |
| 2000 | 23.1% | -6.0% |
| 2001 | 29.0% | +25.4% |
| 2002 | 26.1% | -9.8% |
| 2003 | 35.9% | +37.3% |
| 2006 | 25.7% | -28.3% |
| 2007 | 37.2% | +44.5% |
| 2008 | 26.2% | -29.5% |
| 2009 | 19.6% | -25.2% |
| 2010 | 20.2% | +2.9% |
| 2011 | 19.0% | -5.8% |
| 2012 | 15.8% | -16.9% |
| 2013 | 12.9% | -18.5% |
| 2014 | 11.5% | -11.1% |
| 2015 | 11.1% | -2.7% |
| 2016 | 13.9% | +24.7% |
| 2017 | 12.2% | -12.6% |
| 2018 | 13.8% | +13.3% |
| 2019 | 15.1% | +9.7% |
| 2020 | 14.9% | -1.6% |
| 2021 | 11.8% | -20.7% |
Mongolia compared with similar countries
- Mongolia's 11.8% is below the median for upper middle income countries, which is 15.2%, 78% of the median. (46 countries reporting)
- Mongolia's 11.8% is below the median for East Asia & Pacific, which is 22.3%, 53% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 26.6% | 22.2% | 30.4% | 8 |
| 2000s | 27.9% | 19.6% | 37.2% | 8 |
| 2010s | 14.5% | 11.1% | 20.2% | 10 |
| 2020s | 13.3% | 11.8% | 14.9% | 2 |
Countries ranked near Mongolia
More public sector data for Mongolia
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- 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)
Frequently asked questions
- What is goods and services expense in Mongolia?
- Goods and services expense in Mongolia was 11.8% in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Mongolia?
- The highest recorded value was 37.2% in 2007.
- What is the lowest goods and services expense recorded in Mongolia?
- The lowest recorded value was 11.1% in 2015.
- How does Mongolia rank for goods and services expense?
- Mongolia ranks 93rd out of 154 countries with data for 2021.
- Is goods and services expense rising or falling in Mongolia?
- Over the last ten years it is down 38.0%. The long-run trend across the full record is falling.
- Where does this Mongolia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (% of expense). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.