Vertical fiscal imbalance, Percent (Central government) in Mongolia
Mongolia: Vertical fiscal imbalance, Percent (Central government) was 0.1037 in 2020. ◆ Volatile
Vertical fiscal imbalance, Percent in Mongolia, 1992–2020
Source: International Monetary Fund.
Analysis
In 2020, vertical fiscal imbalance, percent in Mongolia stood at 0.1037.
The figure is up 145.9% on the previous year and up 213.3% over ten years.
Over the whole period, vertical fiscal imbalance, percent in Mongolia peaked at 0.2933 in 2016 and was at its lowest, -0.8928, in 1993.
Mongolia ranks 25th of 64 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Vertical fiscal imbalance, Percent (Central government) in Mongolia, year by year
| Year | Value | Change |
|---|---|---|
| 1992 | -0.3968 | — |
| 1993 | -0.8928 | +125.0% |
| 1994 | -0.5132 | -42.5% |
| 1995 | -0.7381 | +43.8% |
| 1996 | -0.5029 | -31.9% |
| 1997 | -0.327 | -35.0% |
| 1998 | -0.2278 | -30.3% |
| 1999 | -0.1076 | -52.8% |
| 2000 | -0.4489 | +317.1% |
| 2001 | -0.3787 | -15.6% |
| 2002 | -0.1322 | -65.1% |
| 2003 | 0.026 | -119.7% |
| 2006 | -0.2296 | -981.5% |
| 2007 | -0.2067 | -10.0% |
| 2008 | 0.0769 | -137.2% |
| 2009 | 0.1814 | +136.0% |
| 2010 | -0.0915 | -150.4% |
| 2011 | 0.1325 | -244.8% |
| 2012 | 0.256 | +93.2% |
| 2013 | -0.2493 | -197.4% |
| 2014 | -0.0891 | -64.3% |
| 2015 | -0.0196 | -78.0% |
| 2016 | 0.2933 | -1596.3% |
| 2017 | -0.0791 | -127.0% |
| 2018 | -0.4818 | +509.0% |
| 2019 | -0.2261 | -53.1% |
| 2020 | 0.1037 | -145.9% |
Mongolia compared with similar countries
- Mongolia's 0.1037 is above the median for upper middle income countries, which is -0.0208. (26 countries reporting)
- Mongolia's 0.1037 is above the median for East Asia & Pacific, which is 0.0889, 1.2× the median. (10 countries reporting)
Biggest year-on-year movements
Years where Vertical fiscal imbalance, Percent (Central government) 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 |
|---|---|---|---|
| 2016 | +1596.3% | -0.0196 | 0.2933 |
| 2006 | -981.5% | 0.026 | -0.2296 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.4633 | -0.8928 | -0.1076 | 8 |
| 2000s | -0.139 | -0.4489 | 0.1814 | 8 |
| 2010s | -0.0555 | -0.4818 | 0.2933 | 10 |
| 2020s | 0.1037 | 0.1037 | 0.1037 | 1 |
Countries ranked near Mongolia
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)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- 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)
Frequently asked questions
- What is vertical fiscal imbalance, percent in Mongolia?
- Vertical fiscal imbalance, percent in Mongolia was 0.1037 in 2020, according to International Monetary Fund.
- What is the highest vertical fiscal imbalance, percent recorded in Mongolia?
- The highest recorded value was 0.2933 in 2016.
- What is the lowest vertical fiscal imbalance, percent recorded in Mongolia?
- The lowest recorded value was -0.8928 in 1993.
- How does Mongolia rank for vertical fiscal imbalance, percent?
- Mongolia ranks 25th out of 64 countries with data for 2020.
- Is vertical fiscal imbalance, percent rising or falling in Mongolia?
- Over the last ten years it is up 213.3%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from International Monetary Fund, published as part of Vertical fiscal imbalance, 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.