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.

Mongolia Government Spending
Forecast Data Chart
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Mongolia Government Last Previous Highest Lowest Unit
Government Debt to GDP 66.00 79.40 95.73 20.62 percent [+]
Government Budget -3.40 -1.90 6.40 -17.00 percent of GDP [+]
Government Revenues 6785946.00 5548766.80 10062542.40 13474.40 MNT Million [+]
Military Expenditure 90.00 83.00 121.80 30.20 USD Million [+]
Credit Rating 36.25 [+]
Government Spending 739948.60 547197.80 739948.60 244037.90 MNT Million [+]
Government Budget Value 535290.50 192155.70 1458869.50 -3667830.20 MNT Million [+]
Fiscal Expenditure 5499756.00 4598386.80 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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
739948.60 547197.80 739948.60 244037.90 2010 - 2019 MNT Million Quarterly
Constant prices, 2010=100

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