Taxes on goods and services (current LCU), per unit of GDP in Mongolia
Mongolia: Taxes on goods and services (current LCU), per unit of GDP was 297.99 current LCU per US$ of GDP in 2024. ◆ Volatile
Taxes on goods and services (current LCU), per unit of GDP in Mongolia, 1992–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Mongolia recorded 297.99 current LCU per US$ of GDP for taxes on goods and services (current lcu), per unit of gdp in 2024. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 6.9% on the previous year and up 93.7% over ten years.
Over the whole period, taxes on goods and services (current lcu), per unit of gdp in Mongolia peaked at 297.99 current LCU per US$ of GDP in 2024 and was at its lowest, 2.04 current LCU per US$ of GDP, in 1992.
That places Mongolia 6th out of 157 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.
Taxes on goods and services (current LCU), per unit of GDP in Mongolia, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1992 | 2.04 current LCU per US$ of GDP | — |
| 1993 | 14.73 current LCU per US$ of GDP | +623.7% |
| 1994 | 15.39 current LCU per US$ of GDP | +4.5% |
| 1996 | 20.07 current LCU per US$ of GDP | +30.4% |
| 1997 | 38.92 current LCU per US$ of GDP | +93.9% |
| 1998 | 50.77 current LCU per US$ of GDP | +30.5% |
| 1999 | 76.29 current LCU per US$ of GDP | +50.3% |
| 2000 | 96.07 current LCU per US$ of GDP | +25.9% |
| 2001 | 114.62 current LCU per US$ of GDP | +19.3% |
| 2002 | 97.81 current LCU per US$ of GDP | -14.7% |
| 2003 | 128 current LCU per US$ of GDP | +30.9% |
| 2006 | 149.04 current LCU per US$ of GDP | +16.4% |
| 2007 | 92.5 current LCU per US$ of GDP | -37.9% |
| 2008 | 91.5 current LCU per US$ of GDP | -1.1% |
| 2009 | 125.09 current LCU per US$ of GDP | +36.7% |
| 2010 | 119.11 current LCU per US$ of GDP | -4.8% |
| 2011 | 138.34 current LCU per US$ of GDP | +16.1% |
| 2012 | 133.93 current LCU per US$ of GDP | -3.2% |
| 2013 | 155.68 current LCU per US$ of GDP | +16.2% |
| 2014 | 153.86 current LCU per US$ of GDP | -1.2% |
| 2015 | 146.99 current LCU per US$ of GDP | -4.5% |
| 2016 | 165.47 current LCU per US$ of GDP | +12.6% |
| 2017 | 194.2 current LCU per US$ of GDP | +17.4% |
| 2018 | 231.39 current LCU per US$ of GDP | +19.2% |
| 2019 | 243.48 current LCU per US$ of GDP | +5.2% |
| 2020 | 231.09 current LCU per US$ of GDP | -5.1% |
| 2021 | 272.2 current LCU per US$ of GDP | +17.8% |
| 2022 | 282.56 current LCU per US$ of GDP | +3.8% |
| 2023 | 278.66 current LCU per US$ of GDP | -1.4% |
| 2024 | 297.99 current LCU per US$ of GDP | +6.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 31.17 current LCU per US$ of GDP | 2.04 current LCU per US$ of GDP | 76.29 current LCU per US$ of GDP | 7 |
| 2000s | 111.83 current LCU per US$ of GDP | 91.5 current LCU per US$ of GDP | 149.04 current LCU per US$ of GDP | 8 |
| 2010s | 168.25 current LCU per US$ of GDP | 119.11 current LCU per US$ of GDP | 243.48 current LCU per US$ of GDP | 10 |
| 2020s | 272.5 current LCU per US$ of GDP | 231.09 current LCU per US$ of GDP | 297.99 current LCU per US$ of GDP | 5 |
Countries ranked near Mongolia
- 3 Uzbekistan 745.81 current LCU per US$ of GDP compare
- 4 Paraguay 520.02 current LCU per US$ of GDP compare
- 5 Indonesia 474.91 current LCU per US$ of GDP compare
- 7 Colombia 292.13 current LCU per US$ of GDP compare
- 8 Madagascar 269.55 current LCU per US$ of GDP compare
- 9 Cambodia 256.68 current LCU per US$ of GDP compare
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 taxes on goods and services (current lcu), per unit of gdp in Mongolia?
- Taxes on goods and services (current lcu), per unit of gdp in Mongolia was 297.99 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), per unit of gdp recorded in Mongolia?
- The highest recorded value was 297.99 current LCU per US$ of GDP in 2024.
- What is the lowest taxes on goods and services (current lcu), per unit of gdp recorded in Mongolia?
- The lowest recorded value was 2.04 current LCU per US$ of GDP in 1992.
- How does Mongolia rank for taxes on goods and services (current lcu), per unit of gdp?
- Mongolia ranks 6th out of 157 countries with data for 2024.
- Is taxes on goods and services (current lcu), per unit of gdp rising or falling in Mongolia?
- Over the last ten years it is up 93.7%. 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), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes on goods and services (current LCU) ÷ GDP (current US$)
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.