Mongolia recorded a Government Budget deficit equal to 17 percent of the country's Gross Domestic Product in 2016. Government Budget in Mongolia averaged -5.53 percent of GDP from 1990 until 2016, reaching an all time high of 6.40 percent of GDP in 2006 and a record low of -17 percent of GDP in 2016.

Government Budget in Mongolia is expected to be -5.30 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mongolia Government Budget is projected to trend around -2.10 percent of GDP in 2020, according to our econometric models.

Mongolia Government Budget
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Mongolia Government Last Previous Highest Lowest Unit
Government Debt to GDP 79.40 77.40 95.73 20.62 percent [+]
Government Budget -17.00 -8.50 6.40 -17.00 percent of GDP [+]
Government Revenues 8268066.60 7181662.50 8268066.60 13474.40 MNT Million [+]
Military Expenditure 90.20 96.40 127.00 31.50 USD Million [+]
Credit Rating 36.25 [+]
Government Spending 500082.10 623568.90 709843.90 244037.90 MNT Million [+]
Government Budget Value 100215.80 -169137.80 297145.72 -3667830.20 MNT Million [+]
Fiscal Expenditure 7177585.80 6274973.90 9519906.10 21398.70 MNT Million [+]


Mongolia Government Budget

Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Mongolia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mongolia Government Budget - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-17.00 -8.50 6.40 -17.00 1990 - 2016 percent of GDP Yearly




Country Last
Argentina -3.90 Dec/17
Australia -1.90 Dec/17
Brazil -7.80 Dec/17
Canada -0.90 Dec/17
China -3.50 Dec/17
Euro Area -0.90 Dec/17
France -2.60 Dec/17
Germany 1.30 Dec/17
India -3.53 Dec/17
Indonesia -2.50 Dec/17
Italy -2.30 Dec/17
Japan -4.50 Dec/17
Mexico -2.90 Dec/17
Netherlands 1.10 Dec/17
Russia -1.50 Dec/17
Saudi Arabia -8.90 Dec/17
Singapore 0.30 Dec/17
South Africa -4.60 Dec/17
South Korea -2.00 Dec/17
Spain -3.10 Dec/17
Switzerland 1.20 Dec/17
Turkey -1.50 Dec/17
United Kingdom -2.30 Dec/17
United States -3.50 Dec/17


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