Government Budget in Mongolia decreased to -11.50 percent of GDP in 2020 from 0.90 percent of GDP in 2019. source: Mongolbank
Government Budget in Mongolia averaged -5.18 percent of GDP from 1990 until 2020, reaching an all time high of 6.40 percent of GDP in 2006 and a record low of -17 percent of GDP in 2016. This page provides - Mongolia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mongolia Government Budget - values, historical data and charts - was last updated on May of 2021.
Government Budget in Mongolia is expected to reach -11.00 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mongolia Government Budget is projected to trend around -5.00 percent of GDP in 2022 and -4.00 percent of GDP in 2023, according to our econometric models.