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Mongolia Tax revenue (% of GDP) 2026: Interactive Chart & Historical Data

Tax revenue (% of GDP) in Mongolia stood at 16.85% in 2024, according to World Bank. The latest value is up 2.56 percentage points from 14.3% in 2023. Ten years earlier, in 2014, the value was 12.9% (up 3.95 percentage points since). The highest value since 1992 was 28.71% in 2006, the lowest 8.36% in 1998. Mongolia ranked 72nd highest of the 111 countries in this dataset in 2023; Lesotho ranked first.

Data source: World Bank · Unit: % · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1972–2024
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What is Tax revenue (% of GDP)?

Tax revenue (% of GDP), measured in %, measures the total economic output of Mongolia. It represents the broadest indicator of economic activity, capturing production, income, and expenditure across all sectors — from manufacturing and services to agriculture and government. GDP can be calculated three ways: by adding up all expenditures (consumption + investment + government spending + net exports), by summing all incomes earned, or by totaling value added at each production stage. In Mongolia, the statistical agency compiles GDP data through comprehensive surveys of businesses, government records, and household expenditure patterns. While GDP per capita provides insight into average living standards, it does not capture income distribution, environmental costs, or unpaid work like caregiving. Nevertheless, GDP growth remains the most widely followed metric for assessing whether an economy is expanding or contracting.

Key facts

What is the latest Tax revenue (% of GDP) in Mongolia?

Tax revenue (% of GDP) in Mongolia stood at 16.85% in 2024, according to World Bank.

Is Tax revenue (% of GDP) in Mongolia rising or falling?

The latest value is up 2.56 percentage points from 14.3% in 2023. Ten years earlier, in 2014, the value was 12.9% (up 3.95 percentage points since).

How does Mongolia rank for Tax revenue (% of GDP)?

Mongolia ranked 72nd highest of the 111 countries in this dataset in 2023; Lesotho ranked first.

What is the highest Tax revenue (% of GDP) on record in Mongolia?

The highest value since 1992 was 28.71% in 2006, the lowest 8.36% in 1998.

Metadata for Tax revenue (% of GDP) in Mongolia
IndicatorTax revenue (% of GDP)
CountryMongolia
CategoryMacroeconomics
Unit%
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

Latest value: 16.85% (2024)

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Source:World Bank — series GC.TAX.TOTL.GD.ZS
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). Tax revenue (% of GDP) — Mongolia [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-gc-tax-totl-gd-zs/MNG. Original source: https://data.worldbank.org/indicator/GC.TAX.TOTL.GD.ZS

MLA

World Bank. "Tax revenue (% of GDP) — Mongolia." EconDash, 2026, https://econdash.org/chart/wdi-gc-tax-totl-gd-zs/MNG. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/GC.TAX.TOTL.GD.ZS.

Chicago

World Bank. 2026. "Tax revenue (% of GDP) — Mongolia." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-gc-tax-totl-gd-zs/MNG. Original source: https://data.worldbank.org/indicator/GC.TAX.TOTL.GD.ZS.

BibTeX
@misc{econdash_wdi_gc_tax_totl_gd_zs_mng,
  author = {{World Bank}},
  title = {{Tax revenue (\% of GDP) --- Mongolia}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/wdi-gc-tax-totl-gd-zs/MNG},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/GC.TAX.TOTL.GD.ZS}
}