Value-added tax (VAT), Ratio of this level of government's revenue in Mongolia
Mongolia: Value-added tax (VAT), Ratio of this level of government's revenue was 1 in 2020. ▲ Rising
Value-added tax (VAT), Ratio of this level of government's revenue in Mongolia, 2002–2020
Source: International Monetary Fund.
Analysis
Mongolia recorded 1 for value-added tax (vat), ratio of this level of government's revenue in 2020. That is the highest value across all 17 years on record.
That represents a change of unchanged over ten years.
Over the whole period, value-added tax (vat), ratio of this level of government's revenue in Mongolia peaked at 1 in 2003 and was at its lowest, 0.6741, in 2002.
That places Mongolia 3rd out of 70 countries with data for 2020, putting it in the top 10%.
The long-run direction has been consistently rising across the 17 years of available data.
Value-added tax (VAT), Ratio of this level of government's revenue in Mongolia, year by year
| Year | Value | Change |
|---|---|---|
| 2002 | 0.6741 | — |
| 2003 | 1 | +48.3% |
| 2006 | 0.9331 | -6.7% |
| 2007 | 0.9482 | +1.6% |
| 2008 | 0.9163 | -3.4% |
| 2009 | 1 | +9.1% |
| 2010 | 1 | +0.0% |
| 2011 | 1 | +0.0% |
| 2012 | 1 | +0.0% |
| 2013 | 1 | +0.0% |
| 2014 | 1 | +0.0% |
| 2015 | 1 | +0.0% |
| 2016 | 1 | +0.0% |
| 2017 | 1 | +0.0% |
| 2018 | 1 | +0.0% |
| 2019 | 1 | +0.0% |
| 2020 | 1 | +0.0% |
Mongolia compared with similar countries
- Mongolia's 1 is above the median for upper middle income countries, which is 1, 1.0× the median. (26 countries reporting)
- Mongolia's 1 is above the median for East Asia & Pacific, which is 0.9487, 1.1× the median. (8 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.912 | 0.6741 | 1 | 6 |
| 2010s | 1 | 1 | 1 | 10 |
| 2020s | 1 | 1 | 1 | 1 |
Countries ranked near Mongolia
- 1 North Macedonia 1 compare
- 2 Guatemala 1 compare
- 3 Albania 1 compare
- 3 Armenia 1 compare
- 3 Australia 1 compare
- 3 Austria 1 compare
- 3 Belgium 1 compare
- 3 Bulgaria 1 compare
- 3 Switzerland 1 compare
- 3 Chile 1 compare
- 3 Cape Verde 1 compare
- 3 Cyprus 1 compare
- 3 Denmark 1 compare
- 3 Estonia 1 compare
- 3 Finland 1 compare
- 3 United Kingdom of Great Britain and Northern Ireland 1 compare
- 3 Georgia 1 compare
- 3 Greece 1 compare
- 3 Honduras 1 compare
- 3 Croatia 1 compare
- 3 Hungary 1 compare
- 3 Indonesia 1 compare
- 3 Ireland 1 compare
- 3 Iceland 1 compare
- 3 Israel 1 compare
- 3 Italy 1 compare
- 3 Kazakhstan 1 compare
- 3 Kenya 1 compare
- 3 Kyrgyzstan 1 compare
- 3 Kiribati 1 compare
- 3 Lithuania 1 compare
- 3 Luxembourg 1 compare
- 3 Latvia 1 compare
- 3 Mexico 1 compare
- 3 Malta 1 compare
- 3 Mauritius 1 compare
- 3 Netherlands 1 compare
- 3 Norway 1 compare
- 3 Peru 1 compare
- 3 Poland 1 compare
- 3 Paraguay 1 compare
- 3 Romania 1 compare
- 3 Rwanda 1 compare
- 3 El Salvador 1 compare
- 3 Serbia 1 compare
- 3 Slovakia 1 compare
- 3 Slovenia 1 compare
- 3 Sweden 1 compare
- 3 Türkiye 1 compare
- 3 Uganda 1 compare
- 3 Ukraine 1 compare
- 3 South Africa 1 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 value-added tax (vat), ratio of this level of government's revenue in Mongolia?
- Value-added tax (vat), ratio of this level of government's revenue in Mongolia was 1 in 2020, according to International Monetary Fund.
- What is the highest value-added tax (vat), ratio of this level of government's revenue recorded in Mongolia?
- The highest recorded value was 1 in 2003.
- What is the lowest value-added tax (vat), ratio of this level of government's revenue recorded in Mongolia?
- The lowest recorded value was 0.6741 in 2002.
- How does Mongolia rank for value-added tax (vat), ratio of this level of government's revenue?
- Mongolia ranks 3rd out of 70 countries with data for 2020.
- Is value-added tax (vat), ratio of this level of government's revenue rising or falling in Mongolia?
- Over the last ten years it is unchanged. The long-run trend across the full record is rising.
- Where does this Mongolia data come from?
- The figures come from International Monetary Fund, published as part of Value-added tax (VAT), Ratio of this level of government's revenue from this item to total general government revenue from this item, Percent (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.