Mongolia Government Spending2022 Data - 2023 Forecast - 2015-2021 Historical

Name: Mongolia Government Spending
Creator: TRADING ECONOMICS
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Keywords: Mongolia,Government Spending,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Government Spending in Mongolia increased to 2066072.80 MNT Million in the fourth quarter of 2021 from 985060.50 MNT Million in the third quarter of 2021. source: National Statistical Office of Mongolia

Government Spending in Mongolia averaged 1042248.23 MNT Million from 2015 until 2021, reaching an all time high of 2066072.80 MNT Million in the fourth quarter of 2021 and a record low of 744351.60 MNT Million in the first quarter of 2015. This page provides - Mongolia Government Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news. Mongolia Government Spending - values, historical data and charts - was last updated on June of 2022.

Government Spending in Mongolia is expected to be 972563.00 MNT Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mongolia Government Spending is projected to trend around 2310489.00 MNT Million in 2023 and 2449119.00 MNT Million in 2024, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Government Revenues	3915546.30	2580502.40	MNT Million	Mar 2022
Government Budget Value	-254654.30	32134.50	MNT Million	Mar 2022
Fiscal Expenditure	3822679.00	2436130.40	MNT Million	Mar 2022
Government Spending	2066072.80	985060.50	MNT Million	Dec 2021

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.