Mongolia recorded a Government Budget surplus equal to 0.20 percent of the country's Gross Domestic Product in 2024. Government Budget in Mongolia averaged -4.30 percent of GDP from 1990 until 2024, reaching an all time high of 6.40 percent of GDP in 2006 and a record low of -17.00 percent of GDP in 2016. source: Mongolbank

Related	Last	Previous	Unit	Reference
Credit Rating	35.00			Feb 2026
Fiscal Expenditure	2130610.10	3910366.40	MNT Million	Jan 2026
Government Budget	0.20	3.10	percent of GDP	Dec 2024
Government Budget Value	-425061.60	-1231538.20	MNT Million	Jan 2026
Government Debt to GDP	33.00	40.00	percent of GDP	Dec 2024
Government Revenues	1827551.90	5029377.30	MNT Million	Jan 2026
Government Spending	1699057.30	1434463.80	MNT Million	Dec 2025
Holidays
Military Expenditure	180.80	111.50	USD Million	Dec 2024

Mongolia Government Budget

The Government Budget to GDP ratio is an itemized accounting of the payments received by the government (taxes and other fees) and the payments made by the government (purchases and transfer payments) relative to GDP. A budget deficit occurs when a government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.