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

Latest (2024)
25.19 % change on previous year
Change on year
up 49.0%
World rank
30th
of 156 countries
All-time high
322.04 % change on previous year
in 1993
All-time low
-23.01 % change on previous year
in 2007
Years of data
27
1993–2024

Taxes on goods and services (current LCU), annual growth rate in Mongolia, 1993–2024

01002003001993200820241993: 322 % change on previous year1994: 25.9 % change on previous year1997: 70.2 % change on previous year1998: 24.2 % change on previous year1999: 41.3 % change on previous year2000: 35.4 % change on previous year2001: 33.1 % change on previous year2002: -6 % change on previous year2003: 49.5 % change on previous year2007: -23 % change on previous year2008: 31.3 % change on previous year2009: 11.4 % change on previous year2010: 49.3 % change on previous year2011: 68.2 % change on previous year2012: 14.3 % change on previous year2013: 19 % change on previous year2014: -4 % change on previous year2015: -9.2 % change on previous year2016: 8.3 % change on previous year2017: 20.5 % change on previous year2018: 36.8 % change on previous year2019: 13.4 % change on previous year2020: -11.1 % change on previous year2021: 35.2 % change on previous year2022: 16.4 % change on previous year2023: 16.9 % change on previous year2024: 25.2 % change on previous year

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

Annual values for Taxes on goods and services (current LCU), annual growth rate in Mongolia, 1993 to 2024.
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%

Averages by decade

DecadeAverage LowestHighest 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

  1. 27 Brazil 26.36 % change on previous year compare
  2. 28 Ukraine 25.96 % change on previous year compare
  3. 29 India 25.33 % change on previous year compare
  4. 31 Ethiopia 23.97 % change on previous year compare
  5. 32 Seychelles 23.76 % change on previous year compare
  6. 33 Bangladesh 23.69 % change on previous year compare

See the full ranking of 156 places →

More public sector data for Mongolia

All data for Mongolia →

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.

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Taxes on goods and services (current LCU), annual growth rate in Mongolia. Statizoid, drawing on Statizoid (derived). Retrieved 26 August 2026, from https://public-sector.statizoid.com/stat/taxes-on-goods-and-services-current-lcu-annual-growth-rate/mongolia/

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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

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

Indicator
Taxes on goods and services (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
156 places, 4,397 data points, 1973–2024
Last refreshed

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.