Education spending in Mongolia

Mongolia: Education spending was 5.21 in 2024. ▼ Falling

Latest (2024)
5.21
Change on year
up 42.5%
World rank
56th
of 199 countries
All-time high
7.21
in 2002
All-time low
3.66
in 2023
Years of data
18
1997–2024

Education spending in Mongolia, 1997–2024

024681997201020241997: 3.91998: 5.51999: 5.12000: 5.62002: 7.22004: 4.32007: 4.72009: 5.12010: 4.62011: 4.62012: 5.22013: 4.92014: 4.72015: 4.22016: 5.22017: 4.12023: 3.72024: 5.2

Source: Our World in Data.

Analysis

The most recent figure for education spending in Mongolia is 5.21, measured in 2024.

The figure is up 42.5% on the previous year and up 10.6% over ten years.

Over the whole period, education spending in Mongolia peaked at 7.21 in 2002 and was at its lowest, 3.66, in 2023.

Mongolia ranks 56th of 199 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 18 years of available data.

Education spending in Mongolia, year by year

Annual values for Education spending in Mongolia, 1997 to 2024.
Year Value Change
1997 3.95 —
1998 5.49 +39.1%
1999 5.15 -6.3%
2000 5.55 +7.9%
2002 7.21 +29.9%
2004 4.33 -40.0%
2007 4.69 +8.4%
2009 5.14 +9.7%
2010 4.65 -9.7%
2011 4.61 -0.8%
2012 5.2 +12.7%
2013 4.94 -4.9%
2014 4.71 -4.6%
2015 4.22 -10.4%
2016 5.18 +22.7%
2017 4.07 -21.5%
2023 3.66 -10.1%
2024 5.21 +42.5%

Mongolia compared with similar countries

  • Mongolia's 5.21 is above the median for upper middle income countries, which is 4.25, 1.2× the median. (54 countries reporting)
  • Mongolia's 5.21 is above the median for East Asia & Pacific, which is 4.25, 1.2× the median. (31 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 4.86 3.95 5.49 3
2000s 5.38 4.33 7.21 5
2010s 4.7 4.07 5.2 8
2020s 4.43 3.66 5.21 2

Countries ranked near Mongolia

  1. 53 East Timor 5.24 compare
  2. 54 Germany 5.24 compare
  3. 55 New Zealand 5.21 compare
  4. 57 Estonia 5.21 compare
  5. 58 Netherlands 5.18 compare
  6. 59 Maldives 5.17 compare

See the full ranking of 199 places →

More education data for Mongolia

All data for Mongolia →

Frequently asked questions

What is education spending in Mongolia?
Education spending in Mongolia was 5.21 in 2024, according to Our World in Data.
What is the highest education spending recorded in Mongolia?
The highest recorded value was 7.21 in 2002.
What is the lowest education spending recorded in Mongolia?
The lowest recorded value was 3.66 in 2023.
How does Mongolia rank for education spending?
Mongolia ranks 56th out of 199 countries with data for 2024.
Is education spending rising or falling in Mongolia?
Over the last ten years it is up 10.6%. The long-run trend across the full record is falling.
Where does this Mongolia data come from?
The figures come from Our World in Data, published as part of Education spending. Statizoid updates them automatically from the source API.

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Education spending in Mongolia. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://education.statizoid.com/stat/education-spending/mongolia/

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About this data

Indicator
Education spending
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
199 places, 5,187 data points, 1870–2025
Last refreshed