Mongolia - Gross national expenditure (constant LCU)

The value for Gross national expenditure (constant LCU) in Mongolia was 29,612,600,000,000 as of 2020. As the graph below shows, over the past 10 years this indicator reached a maximum value of 33,117,700,000,000 in 2019 and a minimum value of 15,781,200,000,000 in 2010.

Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2010 15,781,200,000,000
2011 20,913,700,000,000
2012 24,188,400,000,000
2013 26,415,400,000,000
2014 24,290,000,000,000
2015 23,189,100,000,000
2016 23,792,100,000,000
2017 26,062,700,000,000
2018 31,650,100,000,000
2019 33,117,700,000,000
2020 29,612,600,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts