Taxes on income, profits and capital gains in Mongolia
Mongolia: Taxes on income, profits and capital gains was 4.45 trillion current LCU in 2024. ◆ Volatile
Taxes on income, profits and capital gains 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 taxes on income, profits and capital gains in Mongolia is 4.45 trillion current LCU, measured in 2024. That is the highest value across all 31 years on record.
That represents a change of up 58.5% on the previous year and up 616.6% over ten years.
Over the whole period, taxes on income, profits and capital gains in Mongolia peaked at 4.45 trillion current LCU in 2024 and was at its lowest, 2.09 billion current LCU, in 1992.
Mongolia ranks 19th of 153 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 income, profits and capital gains in Mongolia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1992 | 2.09 billion current LCU | — |
| 1993 | 21.98 billion current LCU | +952.4% |
| 1994 | 21.16 billion current LCU | -3.7% |
| 1995 | 34.48 billion current LCU | +62.9% |
| 1996 | 29.15 billion current LCU | -15.5% |
| 1997 | 42.23 billion current LCU | +44.9% |
| 1998 | 18.96 billion current LCU | -55.1% |
| 1999 | 13.84 billion current LCU | -27.0% |
| 2000 | 35.83 billion current LCU | +158.8% |
| 2001 | 27.88 billion current LCU | -22.2% |
| 2002 | 45.96 billion current LCU | +64.9% |
| 2003 | 93.09 billion current LCU | +102.5% |
| 2006 | 539.88 billion current LCU | +479.9% |
| 2007 | 282.88 billion current LCU | -47.6% |
| 2008 | 743.71 billion current LCU | +162.9% |
| 2009 | 391.93 billion current LCU | -47.3% |
| 2010 | 813.75 billion current LCU | +107.6% |
| 2011 | 601.48 billion current LCU | -26.1% |
| 2012 | 524.38 billion current LCU | -12.8% |
| 2013 | 660.16 billion current LCU | +25.9% |
| 2014 | 621.24 billion current LCU | -5.9% |
| 2015 | 688.50 billion current LCU | +10.8% |
| 2016 | 519.96 billion current LCU | -24.5% |
| 2017 | 962.14 billion current LCU | +85.0% |
| 2018 | 1.60 trillion current LCU | +66.4% |
| 2019 | 2.03 trillion current LCU | +26.8% |
| 2020 | 1.40 trillion current LCU | -30.9% |
| 2021 | 2.22 trillion current LCU | +58.2% |
| 2022 | 2.33 trillion current LCU | +5.0% |
| 2023 | 2.81 trillion current LCU | +20.4% |
| 2024 | 4.45 trillion current LCU | +58.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 22.99 billion current LCU | 2.09 billion current LCU | 42.23 billion current LCU | 8 |
| 2000s | 270.15 billion current LCU | 27.88 billion current LCU | 743.71 billion current LCU | 8 |
| 2010s | 902.36 billion current LCU | 519.96 billion current LCU | 2.03 trillion current LCU | 10 |
| 2020s | 2.64 trillion current LCU | 1.40 trillion current LCU | 4.45 trillion current LCU | 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 taxes on income, profits and capital gains in Mongolia?
- Taxes on income, profits and capital gains in Mongolia was 4.45 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Mongolia?
- The highest recorded value was 4.45 trillion current LCU in 2024.
- What is the lowest taxes on income, profits and capital gains recorded in Mongolia?
- The lowest recorded value was 2.09 billion current LCU in 1992.
- How does Mongolia rank for taxes on income, profits and capital gains?
- Mongolia ranks 19th out of 153 countries with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in Mongolia?
- Over the last ten years it is up 616.6%. 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 Taxes on income, profits and capital gains (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. 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.