Mongolia - Revenue, excluding grants (% of GDP)

Revenue, excluding grants (% of GDP) in Mongolia was 28.51 as of 2018. Its highest value over the past 26 years was 37.69 in 2006, while its lowest value was 15.45 in 1992.

Definition: Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here.

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

See also:

Year Value
1992 15.45
1993 19.94
1994 16.05
1995 16.08
1996 16.24
1997 17.30
1998 18.08
1999 18.19
2000 24.36
2001 25.42
2002 24.76
2003 30.24
2006 37.69
2007 37.58
2008 30.82
2009 26.83
2010 29.03
2011 28.59
2012 25.62
2013 27.69
2014 25.16
2015 22.82
2016 21.15
2017 24.82
2018 28.51

Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance