Social contributions in Mongolia
Mongolia: Social contributions was 5.28 trillion current LCU in 2024. ◆ Volatile
Social contributions in Mongolia, 1992–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for social contributions in Mongolia is 5.28 trillion current LCU, measured in 2024. That is the highest value across all 31 years on record.
The figure is up 27.1% on the previous year and up 362.2% over ten years.
Over the whole period, social contributions in Mongolia peaked at 5.28 trillion current LCU in 2024 and was at its lowest, 1.18 billion current LCU, in 1992.
That places Mongolia 11th out of 112 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Social contributions in Mongolia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1992 | 1.18 billion current LCU | — |
| 1993 | 2.59 billion current LCU | +120.1% |
| 1994 | 6.21 billion current LCU | +140.0% |
| 1995 | 16.04 billion current LCU | +158.2% |
| 1996 | 20.66 billion current LCU | +28.8% |
| 1997 | 30.35 billion current LCU | +46.9% |
| 1998 | 38.98 billion current LCU | +28.4% |
| 1999 | 38.46 billion current LCU | -1.3% |
| 2000 | 53.94 billion current LCU | +40.3% |
| 2001 | 61.31 billion current LCU | +13.7% |
| 2002 | 69.92 billion current LCU | +14.0% |
| 2003 | 90.84 billion current LCU | +29.9% |
| 2006 | 111.93 billion current LCU | +23.2% |
| 2007 | 165.84 billion current LCU | +48.2% |
| 2008 | 278.56 billion current LCU | +68.0% |
| 2009 | 315.80 billion current LCU | +13.4% |
| 2010 | 394.31 billion current LCU | +24.9% |
| 2011 | 565.07 billion current LCU | +43.3% |
| 2012 | 799.22 billion current LCU | +41.4% |
| 2013 | 1.02 trillion current LCU | +27.5% |
| 2014 | 1.14 trillion current LCU | +12.1% |
| 2015 | 1.19 trillion current LCU | +4.1% |
| 2016 | 1.32 trillion current LCU | +10.7% |
| 2017 | 1.54 trillion current LCU | +17.4% |
| 2018 | 1.81 trillion current LCU | +17.3% |
| 2019 | 2.26 trillion current LCU | +25.0% |
| 2020 | 1.87 trillion current LCU | -17.3% |
| 2021 | 2.55 trillion current LCU | +36.4% |
| 2022 | 3.19 trillion current LCU | +24.8% |
| 2023 | 4.15 trillion current LCU | +30.3% |
| 2024 | 5.28 trillion current LCU | +27.1% |
Mongolia compared with similar countries
- Mongolia's 5.28 trillion current LCU is above the median for upper middle income countries, which is 36.26 billion current LCU, 145.5× the median. (37 countries reporting)
- Mongolia's 5.28 trillion current LCU is above the median for East Asia & Pacific, which is 130.23 billion current LCU, 40.5× the median. (11 countries reporting)
Biggest year-on-year movements
Years where Social contributions in Mongolia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | +158.2% | 6.21 billion current LCU | 16.04 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 19.31 billion current LCU | 1.18 billion current LCU | 38.98 billion current LCU | 8 |
| 2000s | 143.52 billion current LCU | 53.94 billion current LCU | 315.80 billion current LCU | 8 |
| 2010s | 1.20 trillion current LCU | 394.31 billion current LCU | 2.26 trillion current LCU | 10 |
| 2020s | 3.41 trillion current LCU | 1.87 trillion current LCU | 5.28 trillion current LCU | 5 |
Countries ranked near Mongolia
More public sector data for Mongolia
- Democracy, 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)
- Elected parliament, 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)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is social contributions in Mongolia?
- Social contributions in Mongolia was 5.28 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in Mongolia?
- The highest recorded value was 5.28 trillion current LCU in 2024.
- What is the lowest social contributions recorded in Mongolia?
- The lowest recorded value was 1.18 billion current LCU in 1992.
- How does Mongolia rank for social contributions?
- Mongolia ranks 11th out of 112 countries with data for 2024.
- Is social contributions rising or falling in Mongolia?
- Over the last ten years it is up 362.2%. The long-run trend across the full record is volatile.
- 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 Social contributions (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. 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.