Mongolia - Expense

Expense (current LCU)

The value for Expense (current LCU) in Mongolia was 7,331,300,000,000 as of 2018. As the graph below shows, over the past 26 years this indicator reached a maximum value of 7,331,300,000,000 in 2018 and a minimum value of 9,357,000,000 in 1992.

Definition: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1992 9,357,000,000
1993 33,299,000,000
1994 54,387,000,000
1995 76,041,000,000
1996 98,341,000,000
1997 152,327,000,000
1998 173,561,000,000
1999 204,355,000,000
2000 274,057,000,000
2001 306,927,000,000
2002 336,438,000,000
2003 449,959,000,000
2006 940,350,000,000
2007 1,150,270,000,000
2008 1,669,120,000,000
2009 1,743,780,000,000
2010 2,234,820,000,000
2011 3,218,440,000,000
2012 4,518,360,000,000
2013 4,538,320,000,000
2014 5,275,200,000,000
2015 5,566,430,000,000
2016 6,556,840,000,000
2017 6,638,960,000,000
2018 7,331,300,000,000

Expense (% of GDP)

Expense (% of GDP) in Mongolia was 22.50 as of 2018. Its highest value over the past 26 years was 27.40 in 2016, while its lowest value was 11.67 in 1995.

Definition: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1992 16.67
1993 14.63
1994 14.23
1995 11.67
1996 13.33
1997 16.33
1998 18.36
1999 18.91
2000 22.39
2001 22.05
2002 21.70
2003 24.60
2006 23.35
2007 23.21
2008 25.46
2009 26.46
2010 22.91
2011 24.43
2012 27.07
2013 23.67
2014 23.73
2015 24.31
2016 27.40
2017 23.70
2018 22.50

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance