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Mongolia Government Revenue

General government revenue as % of GDP  GGR_NGDP

Mongolia's government revenue was 34.90% in 2025, ranked 55th globally. This represents a 10.3% decrease from 2024. Data from IMF WEO, covering 1981–2025.

34.90% −4.00% (-10.3%)
Year 2025 Rank #55 Global Peak 43.91% (1985) Source IMF WEO

Mongolia Government Revenue (1981–2025)

Overview

Mongolia's government revenue stood at 34.90% in 2025, a decline of +4.00% from 2024. The IMF projects 34.90% by 2025. Mongolia ranked 55th globally.

Mongolia's government revenue has fluctuated significantly over the past four and a half decades, with a notable downward trend following the country's economic collapse in the early 1990s. The all-time low of 21.02 in 1992 was a stark contrast to the peak of 43.91 in 1985, when Mongolia's economy was heavily reliant on state-controlled industries. Since then, government revenue has slowly increased, reaching 34.90 in 2025, placing Mongolia at number 55 globally. This growth is comparable to that of its peer, the Russian Federation, which ranks slightly higher at 35.10. While still below the pre-1992 average of 41.92, Mongolia's government revenue has demonstrated resilience in the face of economic challenges. However, a significant increase in domestic revenue or a boost to the country's mining sector, which currently accounts for a substantial portion of government revenue, would be required to push Mongolia's ranking higher and sustain long-term economic growth.

Data & projection

Year Government Revenue YoY change Rank
2030* IMF 32.60% - -
2029* IMF 32.46% - -
2028* IMF 32.37% - -
2027* IMF 32.98% - -
2026* IMF 34.26% - -
2025* IMF 34.90% - -
2025 34.90% −4.00% #55
2024 38.90% +4.28% #46
2023 34.62% +0.23% #57
2022 34.39% +1.55% #60
2021 32.85% +4.96% #64
2020 27.88% −3.94% #83
2019 31.82% +0.56% #70
2018 31.26% +2.80% #68
2017 28.46% +4.08% #77
2016 24.38% −1.75% #104
2015 26.13% −2.28% #93
2014 28.42% −2.81% #88
2013 31.22% +1.41% #79
2012 29.82% −4.10% #87
2011 33.92% +1.92% #63
Show all years (1981-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +44.6% GDP growth 7.4% C/A balance 0.6%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Mongolia matched the Export Boom Cycle pattern in 2023. Historically, 71% of countries showing this pattern (546 out of 768) saw government revenue improve within 24 months. View full analysis →

Frequently Asked Questions

What is Mongolia's government revenue?▾

Mongolia's government revenue was 34.90% in 2025. Ranked 55th globally. This represents a 10.3% decrease from the previous year.

What was the highest government revenue in Mongolia?▾

Mongolia's government revenue peaked at 43.91% in 1985.

What was the lowest government revenue in Mongolia?▾

The lowest government revenue in Mongolia was 21.02% in 1992.

How does Mongolia rank in government revenue?▾

Mongolia ranks 55th globally in government revenue as of 2025.

What is the World Bank indicator code for government revenue?▾

The World Bank indicator code is GGR_NGDP. Data sourced from IMF WEO.

What is the projected government revenue of Mongolia in 2025?▾

Mongolia's government revenue is projected to reach 34.90% by 2025 based on IMF projection.

What is the government revenue of Mongolia in 2025?▾

The government revenue of Mongolia in 2025 was 34.90%. This ranks 55th in the world.

Cite this page

APA
Mongolia Government Revenue. HistorySaid. Retrieved October 29, 2026, from https://historysaid.com/mongolia/government-revenue/
BibTeX
@misc{historysaid_mongolia_government-revenue, title = {Mongolia Government Revenue}, url = {https://historysaid.com/mongolia/government-revenue/}, publisher = {HistorySaid}, year = {2026} }
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