Mongolia Tax Revenue
Tax revenue as % of GDP GC.TAX.TOTL.GD.ZS
Mongolia's tax revenue was 16.44% in 2025, ranked 66th globally. This represents a 2.5% decrease from 2024. Data from World Bank, covering 1992–2025.
Overview
Mongolia's tax revenue stood at 16.44% in 2025, a decline of +0.42% from 2024. Based on recent trends, this figure is projected to reach 16.44% by 2025. Mongolia ranked 66th globally.
Mongolia’s tax revenue as a share of GDP reached 16.44 percent in 2025, placing the country 66th in the world and slightly above Spain’s 16.37 percent and just below Korea’s 16.62 percent. The indicator has risen markedly since the early transition period, climbing from 11.08 percent in 1992 to a post‑crisis high of 28.71 percent in 2006, before falling to a trough of 8.36 percent in 1998 amid the Asian financial shock and domestic fiscal consolidation. Over the 32‑year series, the upward trajectory after the late‑1990s trough reflects structural reforms, expanding extractive industries and improved tax administration, yet the recent level remains well below the 2006 peak. The modest increase to 16.44 percent in 2025 suggests that further diversification of the tax base and sustained reforms in customs and corporate taxation will be critical to close the gap with higher‑ranking peers and sustain a more robust revenue trajectory.
Data & projection
| Year | Tax Revenue | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 17.00% | - | - |
| 2026* trend | 16.72% | - | - |
| 2025* trend | 16.44% | - | - |
| 2025 | 16.44% | −0.42% | #66 |
| 2024 | 16.85% | +2.56% | #14 |
| 2023 | 14.30% | −1.48% | #36 |
| 2022 | 15.77% | −1.13% | #51 |
| 2021 | 16.91% | +2.76% | #68 |
| 2020 | 14.15% | −2.70% | #60 |
| 2019 | 16.85% | +0.16% | #71 |
| 2018 | 16.69% | +3.14% | #71 |
| 2017 | 13.55% | +2.20% | #53 |
| 2016 | 11.35% | −0.54% | #28 |
| 2015 | 11.89% | −1.01% | #33 |
| 2014 | 12.90% | −2.83% | #40 |
| 2013 | 15.73% | +0.42% | #63 |
| 2012 | 15.31% | −3.15% | #60 |
| 2011 | 18.47% | −1.13% | #88 |
Detected Pattern
Analysis
Mongolia matched the Export Boom Cycle pattern in 2023. Historically, 71% of countries showing this pattern (546 out of 768) saw tax revenue improve within 24 months. View full analysis →
Frequently Asked Questions
Mongolia's tax revenue was 16.44% in 2025. Ranked 66th globally. This represents a 2.5% decrease from the previous year.
Mongolia's tax revenue peaked at 28.71% in 2006.
The lowest tax revenue in Mongolia was 8.36% in 1998.
Mongolia ranks 66th globally in tax revenue as of 2025.
The World Bank indicator code is GC.TAX.TOTL.GD.ZS. Data sourced from World Bank.
Mongolia's tax revenue is projected to reach 16.44% by 2025 based on trend extrapolation.
The tax revenue of Mongolia in 2025 was 16.44%. This ranks 66th in the world.
Cite this page
@misc{historysaid_mongolia_tax-revenue,
title = {Mongolia Tax Revenue},
url = {https://historysaid.com/mongolia/tax-revenue/},
publisher = {HistorySaid},
year = {2026}
}