COUNTRY / INDICATOR
Mongolia Government Expense
Mongolia government expense: latest available value for 2021, historical series from 2016, ranking context and source documentation.
Series overview
GC.XPN.TOTL.GD.ZS| Year | Value | Change |
|---|---|---|
| 2021 | 31,70 | -1,48 |
| 2020 | 33,18 | 7,56 |
| 2019 | 25,62 | 3,12 |
| 2018 | 22,50 | -1,20 |
| 2017 | 23,70 | -3,70 |
| 2016 | 27,40 | — |
Source methodology
World Development IndicatorsIndicator note: Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source organization: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD)
Metadata fetched: 2026-08-01 01:31:09. Open original metadata response.
Country-specific interpretation
Automatically derived from the displayed seriesMongolia recorded 31,70 percent of GDP in 2021, the latest year available in this series.
Compared with 2020, the government expense decreased by 1,48.
Across the latest five-year comparison window, the series shows an upward direction.
Across 6 observations from 2016 to 2021, the average was 27,35; the minimum was 22,50 in 2018 and the maximum was 33,18 in 2020.
Mongolia ranks 52 out of 149 countries with a current value in the portal ranking.
The latest value is below the available average for East Asia & Pacific.
It is also above the available average for the Upper middle income group.
Ongoing fiscal expenditure intensity.