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
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

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 3506734.80 2433092.80 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 194346.40 302057.40 1458869.50 -3667830.20 MNT Million [+]
Fiscal Expenditure 1969076.10 1152282.80 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 August 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

Country Last Previous
Argentina 90795.00 Mar/19
Australia 90142.00 Mar/19
Brazil 104275.00 Jun/19
Canada 422881.00 Mar/19
China 220906.00 Dec/18
Euro Area 546.04 Mar/19
France 136911.00 Jun/19
Germany 143.22 Mar/19
India 3686.66 Mar/19
Indonesia 209394.41 Jun/19
Italy 78566.20 Mar/19
Japan 108825.60 Jun/19
Mexico 2143950.00 Mar/19
Netherlands 45100.00 Jun/19
Russia 4035.60 Mar/19
Saudi Arabia 151611.00 Mar/19
Singapore 12496.60 Jun/19
South Africa 645563.00 Mar/19
South Korea 75957.40 Jun/19
Spain 57636.00 Jun/19
Switzerland 19991.24 Mar/19
Turkey 57997834.60 Mar/19
United Kingdom 94259.00 Jun/19
United States 3297.90 Jun/19