Mongolia - Taxes on income

Taxes on income, profits and capital gains (current LCU)

The value for Taxes on income, profits and capital gains (current LCU) in Mongolia was 1,601,210,000,000 as of 2018. As the graph below shows, over the past 26 years this indicator reached a maximum value of 1,601,210,000,000 in 2018 and a minimum value of 2,089,000,000 in 1992.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

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

Year Value
1992 2,089,000,000
1993 21,985,000,000
1994 21,164,000,000
1995 34,484,000,000
1996 29,147,000,000
1997 42,225,000,000
1998 18,964,000,000
1999 13,843,000,000
2000 35,832,000,000
2001 27,875,000,000
2002 45,964,450,000
2003 93,092,400,000
2006 539,885,000,000
2007 282,881,000,000
2008 743,706,000,000
2009 391,930,000,000
2010 813,754,000,000
2011 601,482,000,000
2012 524,382,000,000
2013 660,159,000,000
2014 621,237,000,000
2015 688,497,000,000
2016 519,959,000,000
2017 962,145,000,000
2018 1,601,210,000,000

Taxes on income, profits and capital gains (% of revenue)

Taxes on income, profits and capital gains (% of revenue) in Mongolia was 16.61 as of 2018. Its highest value over the past 26 years was 45.40 in 1993, while its lowest value was 6.80 in 1999.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

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

See also:

Year Value
1992 21.11
1993 45.40
1994 32.76
1995 31.40
1996 23.46
1997 25.47
1998 10.56
1999 6.80
2000 11.82
2001 7.68
2002 11.40
2003 16.14
2006 35.41
2007 14.75
2008 36.53
2009 20.61
2010 27.12
2011 15.14
2012 11.36
2013 12.20
2014 10.76
2015 12.69
2016 9.63
2017 13.34
2018 16.61

Taxes on income, profits and capital gains (% of total taxes)

Taxes on income, profits and capital gains (% of total taxes) in Mongolia was 29.45 as of 2018. Its highest value over the past 26 years was 55.12 in 1993, while its lowest value was 13.06 in 1999.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

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

See also:

Year Value
1992 33.59
1993 55.12
1994 48.91
1995 54.16
1996 41.13
1997 42.81
1998 24.00
1999 13.06
2000 21.04
2001 13.66
2002 22.17
2003 28.21
2006 46.69
2007 24.31
2008 52.40
2009 35.95
2010 42.57
2011 24.72
2012 20.52
2013 21.89
2014 21.66
2015 25.28
2016 19.14
2017 25.36
2018 29.45

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance