Government Spending in Mongolia increased to 739948.60 MNT Million in the second quarter of 2019 from 547197.80 MNT Million in the first quarter of 2019. Government Spending in Mongolia averaged 498602.47 MNT Million from 2010 until 2019, reaching an all time high of 739948.60 MNT Million in the second quarter of 2019 and a record low of 244037.90 MNT Million in the third quarter of 2010.
Government Spending in Mongolia is expected to be 515334.60 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 693622.00 in 12 months time. In the long-term, the Mongolia Government Spending is projected to trend around 768332.76 MNT Million in 2020, according to our econometric models.