Mongolia recorded a Government Budget deficit equal to 3.40 percent of the country's Gross Domestic Product in 2018.
Government Budget in Mongolia averaged -5.33 percent of GDP from 1990 until 2018, reaching an all time high of 6.40 percent of GDP in 2006 and a record low of -17 percent of GDP in 2016. This page provides - Mongolia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mongolia Government Budget - values, historical data and charts - was last updated on May of 2020.
Government Budget in Mongolia is expected to reach -4.80 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mongolia Government Budget is projected to trend around -5.60 percent of GDP in 2021 and -5.00 percent of GDP in 2022, according to our econometric models.