Mongolia recorded a government budget deficit of 1069473.40 MNT Million in June of 2021. source: National Statistical Office of Mongolia

Government Budget Value in Mongolia averaged -249550.27 MNT Million from 2000 until 2021, reaching an all time high of 549723.50 MNT Million in August of 2019 and a record low of -4539140.30 MNT Million in December of 2020. This page provides - Mongolia Government Budget Value- actual values, historical data, forecast, chart, statistics, economic calendar and news. Mongolia Government Budget Value - values, historical data and charts - was last updated on July of 2021.

Government Budget Value in Mongolia is expected to be -840000.00 MNT Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Mongolia to stand at -840000.00 in 12 months time. In the long-term, the Mongolia Government Budget Value is projected to trend around -840000.00 MNT Million in 2022, according to our econometric models.

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Mongolia Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-1069473.40 -866327.50 549723.50 -4539140.30 2000 - 2021 MNT Million Monthly

Mongolia Government Last Previous Highest Lowest Unit
Government Debt to GDP 55.00 66.00 95.73 20.62 percent of GDP [+]
Government Budget -11.50 0.90 6.40 -17.00 percent of GDP [+]
Government Revenues 7106131.10 5854143.20 11936637.60 13474.40 MNT Million [+]
Military Expenditure 107.00 100.00 128.90 32.00 USD Million [+]
Government Spending 616331.80 978001.90 978001.90 244037.90 MNT Million [+]
Government Budget Value -1069473.40 -866327.50 549723.50 -4539140.30 MNT Million [+]
Fiscal Expenditure 7498163.80 6172103.44 13960787.50 21398.70 MNT Million [+]
Credit Rating 28.00 [+]

Mongolia Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.