Taxes on goods and services (current LCU), annual growth rate in Mongolia
Mongolia: Taxes on goods and services (current LCU), annual growth rate was 25.19 % change on previous year in 2024. ◆ Volatile
Taxes on goods and services (current LCU), annual growth rate in Mongolia, 1993–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Mongolia recorded 25.19 % change on previous year for taxes on goods and services (current lcu), annual growth rate in 2024.
Compared with earlier readings it is up 49.0% on the previous year and up 735.8% over ten years.
Over the whole period, taxes on goods and services (current lcu), annual growth rate in Mongolia peaked at 322.04 % change on previous year in 1993 and was at its lowest, -23.01 % change on previous year, in 2007.
Mongolia ranks 30th of 156 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services (current LCU), annual growth rate in Mongolia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1993 | 322.04 % change on previous year | — |
| 1994 | 25.86 % change on previous year | -92.0% |
| 1997 | 70.2 % change on previous year | +171.5% |
| 1998 | 24.22 % change on previous year | -65.5% |
| 1999 | 41.3 % change on previous year | +70.5% |
| 2000 | 35.4 % change on previous year | -14.3% |
| 2001 | 33.06 % change on previous year | -6.6% |
| 2002 | -6.01 % change on previous year | -118.2% |
| 2003 | 49.49 % change on previous year | -923.1% |
| 2007 | -23.01 % change on previous year | -146.5% |
| 2008 | 31.34 % change on previous year | -236.2% |
| 2009 | 11.45 % change on previous year | -63.5% |
| 2010 | 49.34 % change on previous year | +331.1% |
| 2011 | 68.17 % change on previous year | +38.2% |
| 2012 | 14.33 % change on previous year | -79.0% |
| 2013 | 18.97 % change on previous year | +32.4% |
| 2014 | -3.96 % change on previous year | -120.9% |
| 2015 | -9.2 % change on previous year | +132.3% |
| 2016 | 8.32 % change on previous year | -190.4% |
| 2017 | 20.51 % change on previous year | +146.5% |
| 2018 | 36.77 % change on previous year | +79.3% |
| 2019 | 13.44 % change on previous year | -63.4% |
| 2020 | -11.06 % change on previous year | -182.3% |
| 2021 | 35.25 % change on previous year | -418.7% |
| 2022 | 16.44 % change on previous year | -53.4% |
| 2023 | 16.9 % change on previous year | +2.8% |
| 2024 | 25.19 % change on previous year | +49.0% |
Mongolia compared with similar countries
- Mongolia's 25.19 % change on previous year is above the median for upper middle income countries, which is 11.51 % change on previous year, 2.2× the median. (48 countries reporting)
- Mongolia's 25.19 % change on previous year is above the median for East Asia & Pacific, which is 8.44 % change on previous year, 3.0× the median. (26 countries reporting)
Biggest year-on-year movements
Years where Taxes on goods and services (current LCU), annual growth rate 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 |
|---|---|---|---|
| 2003 | +923.1% | -6.01 % change on previous year | 49.49 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 96.72 % change on previous year | 24.22 % change on previous year | 322.04 % change on previous year | 5 |
| 2000s | 18.82 % change on previous year | -23.01 % change on previous year | 49.49 % change on previous year | 7 |
| 2010s | 21.67 % change on previous year | -9.2 % change on previous year | 68.17 % change on previous year | 10 |
| 2020s | 16.54 % change on previous year | -11.06 % change on previous year | 35.25 % change on previous year | 5 |
Countries ranked near Mongolia
- 27 Brazil 26.36 % change on previous year compare
- 28 Ukraine 25.96 % change on previous year compare
- 29 India 25.33 % change on previous year compare
- 31 Ethiopia 23.97 % change on previous year compare
- 32 Seychelles 23.76 % change on previous year compare
- 33 Bangladesh 23.69 % change on previous year compare
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)
- 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)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, 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 taxes on goods and services (current lcu), annual growth rate in Mongolia?
- Taxes on goods and services (current lcu), annual growth rate in Mongolia was 25.19 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), annual growth rate recorded in Mongolia?
- The highest recorded value was 322.04 % change on previous year in 1993.
- What is the lowest taxes on goods and services (current lcu), annual growth rate recorded in Mongolia?
- The lowest recorded value was -23.01 % change on previous year in 2007.
- How does Mongolia rank for taxes on goods and services (current lcu), annual growth rate?
- Mongolia ranks 30th out of 156 countries with data for 2024.
- Is taxes on goods and services (current lcu), annual growth rate rising or falling in Mongolia?
- Over the last ten years it is up 735.8%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.