Mongolia's customs and other import duties (% of tax revenue) was 13.18% in 2024, the latest year in the World Bank's World Development Indicators. That is up 0.8 percentage points from 12.38% in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 13.18% | 2024 |
| Five years earlier | 12.39% | 2019 |
| Ten years earlier | 12.38% | 2014 |
| Highest | 23.3% | 1992 |
| Lowest | 0.95% | 1998 |
| Average since 2015 | 13.16% | 2015–2024 |
| First recorded | 23.3% | 1992 |
What the numbers say
In 2024, Mongolia's customs and other import duties (% of tax revenue) fell 1.37 percentage points on 2023 (from 14.55% to 13.18%).
Across the 28 yearly changes before that (1993 to 2023), the average change was −0.18 percentage points and a typical year strayed about 3.39 percentage points from that (the standard deviation). This year's change was 0.4 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 4.58 percentage points in 1999 and the biggest yearly fall was 10.84 percentage points in 1997. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about 0.23 percentage points a year. A straight line explains 48% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Mongolia had the 9th highest value of the 65 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Mongolia in the 2024 ranking
- Tanzania — 6th of 65: 19.52%
- Madagascar — 7th of 65: 19.26%
- Belarus — 8th of 65: 15.43%
- Burkina Faso — 10th of 65: 13.11%
- Kyrgyz Republic — 11th of 65: 12.49%
- Fiji — 12th of 65: 11.72%
What this measures
Taxes and duties on imports are taxes on goods and services that become payable at the moment when goods enter the economic territory or when services are delivered by non-resident producers to residents. This indicator is expressed as a percentage of tax revenue which includes compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.
Limitations: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD).
All 31 values
| Year | Customs and other import duties (% of tax revenue) |
|---|---|
| 2024 | 13.18 |
| 2023 | 14.55 |
| 2022 | 14.78 |
| 2021 | 12.81 |
| 2020 | 13.94 |
| 2019 | 12.39 |
| 2018 | 12.57 |
| 2017 | 13.5 |
| 2016 | 12.09 |
| 2015 | 11.77 |
| 2014 |
Customs and other import duties (% of tax revenue) in nearby economies
- Australia — 3.08% (2022)
- Cambodia — 11.23% (2023)
- China — 2.65% (2024)
- Fiji — 11.72% (2024)
- Kiribati — 2.32% (2023)
- Korea, Rep. — 2.07% (2024)
- Lao PDR — 8.29% (2022)
- Malaysia — 1.28% (2024)
- Marshall Islands — 22.34% (2020)
- Micronesia, Fed. Sts.
More public sector data for Mongolia
- Military expenditure (current LCU) — 784.57 billion (2025)
- Military expenditure (% of GDP) — 0.88% (2025)
- Military expenditure (% of general government expenditure) — 2.47% (2025)
- Arms imports (SIPRI trend indicator values) — 3 million (2022)
- Military expenditure (current USD) — 221.32 million (2025)
- Armed forces personnel, total — 18,000 (2020)
- Net acquisition of financial assets (current LCU) — 1.88 trillion (2024)
- Net acquisition of financial assets (% of GDP) — 2.34% (2024)
- Net incurrence of liabilities, total (current LCU) — 420.26 billion (2024)
Reading data like this
Questions people ask
- What is Mongolia's customs and other import duties (% of tax revenue)?
- 13.18% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1992?
- It is down 10.11 percentage points from 23.3% in 1992. The highest value was 23.3% in 1992 and the lowest 0.95% in 1998.
- How does Mongolia rank?
- 9th highest of 65 economies with data for 2024.
- Is the latest change in customs and other import duties (% of tax revenue) unusual for Mongolia?
- In 2024, Mongolia's customs and other import duties (% of tax revenue) fell 1.37 percentage points on 2023 (from 14.55% to 13.18%). Across the 28 yearly changes before that (1993 to 2023), the average change was −0.18 percentage points and a typical year strayed about 3.39 percentage points from that (the standard deviation). This year's change was 0.4 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator GC.TAX.IMPT.ZS, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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