Government Spending in Mongolia decreased to 500082.10 MNT Million in the third quarter of 2018 from 623568.90 MNT Million in the second quarter of 2018. Government Spending in Mongolia averaged 485832.84 MNT Million from 2010 until 2018, reaching an all time high of 709843.90 MNT Million in the fourth quarter of 2014 and a record low of 244037.90 MNT Million in the third quarter of 2010.

Government Spending in Mongolia is expected to be 649264.00 MNT Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Mongolia to stand at 661607.00 in 12 months time. In the long-term, the Mongolia Government Spending is projected to trend around 724676.00 MNT Million in 2020, according to our econometric models.

Mongolia Government Spending
Forecast Data Chart
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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 Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Mongolia Government Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news. Mongolia Government Spending - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
500082.10 623568.90 709843.90 244037.90 2010 - 2018 MNT Million Quarterly
Constant prices, 2010=100

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