Social contributions in Mongolia
Mongolia: Social contributions was 19.3% in 2024. ▲ Rising
Social contributions in Mongolia, 1992–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Mongolia recorded 19.3% for social contributions in 2024.
The figure is up 13.8% on the previous year and down 2.5% over ten years.
Over the whole period, social contributions in Mongolia peaked at 24.4% in 2016 and was at its lowest, 5.3%, in 1993.
Mongolia ranks 45th of 112 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Social contributions in Mongolia, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1992 | 11.9% | — |
| 1993 | 5.3% | -55.0% |
| 1994 | 9.6% | +79.9% |
| 1995 | 14.6% | +51.8% |
| 1996 | 16.6% | +13.9% |
| 1997 | 18.3% | +10.1% |
| 1998 | 21.7% | +18.6% |
| 1999 | 18.9% | -12.9% |
| 2000 | 17.8% | -5.9% |
| 2001 | 16.9% | -5.1% |
| 2002 | 17.3% | +2.7% |
| 2003 | 15.8% | -9.2% |
| 2006 | 7.3% | -53.4% |
| 2007 | 8.7% | +17.8% |
| 2008 | 13.7% | +58.2% |
| 2009 | 16.6% | +21.4% |
| 2010 | 13.1% | -20.9% |
| 2011 | 14.2% | +8.2% |
| 2012 | 17.3% | +21.8% |
| 2013 | 18.8% | +8.7% |
| 2014 | 19.8% | +5.0% |
| 2015 | 21.9% | +10.7% |
| 2016 | 24.4% | +11.3% |
| 2017 | 21.4% | -12.1% |
| 2018 | 18.8% | -12.2% |
| 2019 | 17.7% | -5.7% |
| 2020 | 16.6% | -6.2% |
| 2021 | 19.0% | +14.2% |
| 2022 | 16.4% | -13.6% |
| 2023 | 16.9% | +3.3% |
| 2024 | 19.3% | +13.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.6% | 5.3% | 21.7% | 8 |
| 2000s | 14.3% | 7.3% | 17.8% | 8 |
| 2010s | 18.7% | 13.1% | 24.4% | 10 |
| 2020s | 17.6% | 16.4% | 19.3% | 5 |
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 social contributions in Mongolia?
- Social contributions in Mongolia was 19.3% 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 24.4% in 2016.
- What is the lowest social contributions recorded in Mongolia?
- The lowest recorded value was 5.3% in 1993.
- How does Mongolia rank for social contributions?
- Mongolia ranks 45th out of 112 countries with data for 2024.
- Is social contributions rising or falling in Mongolia?
- Over the last ten years it is down 2.5%. The long-run trend across the full record is rising.
- 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 (% of revenue). Statizoid updates them automatically from the source API.
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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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.