Government finances

Central government data (World Bank WDI). Not directly comparable with EU Maastricht figures which use general government.

Government debt
43.3% GDP
2024
Govt expenditure
31.7% GDP
2021
Budget surplus
1.8% GDP
2024

Price level

Mongolia is 65.8% cheaper than the USA overall (2025). Index: USA = 100.

Overall price level
34.2(USA=100)
2025

Source: World Bank WDI (PA.NUS.PPP / PA.NUS.FCRF × 100). GDP price level only.

Government debt since 1995

YearDebt (% GDP)Change
199537.1—
199649.5+12.4
199754.6+5.1
199871.6+16.9
199983.9+12.3
200078.4-5.5
200169.1-9.3
201866-3.1
201960.8-5.1
202073.9+13.1
202167.6-6.4
202443.3-24.2

Data sources

DatasetSourceCoverage
Govt debt / expenditure / revenue / surplusWorld Bank WDI (GC.* indicators)2000–2024
Price level index (USA=100)World Bank WDI PPP/XR ratio1990–2023
Labour tax wedgeEurostat earn_nt_taxrateEEA/EU only
Statutory tax ratesOECD / EC Taxation Trends 2024EU+EFTA only
Mongolia — nstate — nstate