Government Spending in Mongolia decreased to 547197.80 MNT Million in the first quarter of 2019 from 655597.80 MNT Million in the fourth quarter of 2018. Government Spending in Mongolia averaged 492079.60 MNT Million from 2010 until 2019, reaching an all time high of 709843.90 MNT Million in the fourth quarter of 2014 and a record low of 244037.90 MNT Million in the third quarter of 2010.
Government Spending in Mongolia is expected to be 641341.00 MNT Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Mongolia to stand at 693622.00 in 12 months time. In the long-term, the Mongolia Government Spending is projected to trend around 780041.00 MNT Million in 2020, according to our econometric models.