Consumer Spending in Mongolia increased to 2715087.30 MNT Million in the second quarter of 2019 from 2498387.80 MNT Million in the first quarter of 2019. Consumer Spending in Mongolia averaged 2044195.67 MNT Million from 2010 until 2019, reaching an all time high of 2715087.30 MNT Million in the second quarter of 2019 and a record low of 1280815.70 MNT Million in the first quarter of 2010.
Consumer Spending in Mongolia is expected to be 2496683.03 MNT Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in Mongolia to stand at 2572076.00 in 12 months time. In the long-term, the Mongolia Consumer Spending is projected to trend around 2849114.59 MNT Million in 2020, according to our econometric models.