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Mongolia — Education spending
Government Education Spending (% of GDP) for Mongolia, 1997–2024.
Latest value · 2024
5.21%
Government Education Spending (% of GDP) · % of GDP · +32.0% since 1997
Education spending for Mongolia was 5.21% in 2024, according to the latest World Bank data. The series covers 18 years, from 1997 to 2024. The highest recorded value was 7.21% in 2002. The lowest was 3.66% in 2023 (about 1.4× the low point). Across that span the compound annual growth rate works out to 1.03% per year.
Mongolia ranks 49 of 172 economies on this measure (1 = highest), putting it in the top 28%. The median for East Asia & Pacific is 4.25%, so Mongolia sits above it. It peaked in 2002 and has fallen 28% since. Over the last decade (2014–2024) the figure moved up 11%.
Key figures
Latest (2024)
5.21%
First (1997)
3.95%
Change
+32.0%
Highest
7.21%
in 2002
Lowest
3.66%
in 2023
Average
4.89%
Annual growth (CAGR)
1.03%
Years of data
18
Recent years
| Year | % of GDP |
|---|---|
| 2024 | 5.21% |
| 2023 | 3.66% |
| 2017 | 4.07% |
| 2016 | 5.18% |
| 2015 | 4.22% |
| 2014 | 4.71% |
| 2013 | 4.94% |
| 2012 | 5.2% |
| 2011 | 4.61% |
| 2010 | 4.65% |
| 2009 | 5.14% |
| 2007 | 4.69% |
Reading this correctly. Total general government expenditure on education, expressed as a percentage of GDP. Includes both current and capital spending. Figures are in % of GDP. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
SE.XPD.TOTL.GD.ZS — Government Education Spending (% of GDP). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.