Government expenditure on tertiary education, constant PPP$ in Mongolia

Mongolia: Government expenditure on tertiary education, constant PPP$ was 87.45 millions in 2024. ◆ Volatile

Latest (2024)
87.45 millions
Change on year
up 47.0%
World rank
126th
of 146 countries
All-time high
386.7 millions
in 2012
All-time low
59.48 millions
in 2023
Years of data
13
1997–2024

Government expenditure on tertiary education, constant PPP$ in Mongolia, 1997–2024

1002003004001997201020241997: 90.1 millions2002: 185.4 millions2004: 157 millions2010: 89.7 millions2011: 59.8 millions2012: 386.7 millions2013: 344.7 millions2014: 308.9 millions2015: 227 millions2016: 270.7 millions2017: 131.2 millions2023: 59.5 millions2024: 87.5 millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

Mongolia recorded 87.45 millions for government expenditure on tertiary education, constant ppp$ in 2024.

The figure is up 47.0% on the previous year and down 71.7% over ten years.

Over the whole period, government expenditure on tertiary education, constant ppp$ in Mongolia peaked at 386.7 millions in 2012 and was at its lowest, 59.48 millions, in 2023.

That places Mongolia 126th out of 146 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Government expenditure on tertiary education, constant PPP$ in Mongolia, year by year

Annual values for Government expenditure on tertiary education, constant PPP$ (millions) in Mongolia, 1997 to 2024.
Year millions Change
1997 90.06 millions
2002 185.37 millions +105.8%
2004 156.95 millions -15.3%
2010 89.7 millions -42.8%
2011 59.79 millions -33.3%
2012 386.7 millions +546.7%
2013 344.68 millions -10.9%
2014 308.88 millions -10.4%
2015 226.96 millions -26.5%
2016 270.7 millions +19.3%
2017 131.25 millions -51.5%
2023 59.48 millions -54.7%
2024 87.45 millions +47.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 90.06 millions 90.06 millions 90.06 millions 1
2000s 171.16 millions 156.95 millions 185.37 millions 2
2010s 227.33 millions 59.79 millions 386.7 millions 8
2020s 73.47 millions 59.48 millions 87.45 millions 2

Countries ranked near Mongolia

  1. 123 Chad 118.76 millions compare
  2. 124 Eswatini 106.24 millions compare
  3. 125 Fiji 98.18 millions compare
  4. 127 Maldives 79.78 millions compare
  5. 128 Cambodia 71.55 millions compare
  6. 129 Barbados 66.08 millions compare

See the full ranking of 146 places →

More education data for Mongolia

All data for Mongolia →

Frequently asked questions

What is government expenditure on tertiary education, constant ppp$ in Mongolia?
Government expenditure on tertiary education, constant ppp$ in Mongolia was 87.45 millions in 2024, according to UNESCO Institute for Statistics.
What is the highest government expenditure on tertiary education, constant ppp$ recorded in Mongolia?
The highest recorded value was 386.7 millions in 2012.
What is the lowest government expenditure on tertiary education, constant ppp$ recorded in Mongolia?
The lowest recorded value was 59.48 millions in 2023.
How does Mongolia rank for government expenditure on tertiary education, constant ppp$?
Mongolia ranks 126th out of 146 countries with data for 2024.
Is government expenditure on tertiary education, constant ppp$ rising or falling in Mongolia?
Over the last ten years it is down 71.7%. The long-run trend across the full record is volatile.
Where does this Mongolia data come from?
The figures come from UNESCO Institute for Statistics, published as part of Government expenditure on tertiary education, constant PPP$ (millions). Statizoid updates them automatically from the source API.

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Government expenditure on tertiary education, constant PPP$ in Mongolia. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 22 August 2026, from https://education.statizoid.com/stat/government-expenditure-on-tertiary-education-constant-ppp-millions-2/mongolia/

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About this data

Indicator
Government expenditure on tertiary education, constant PPP$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
146 places, 2,483 data points, 1984–2024
Last refreshed

February 2026 Data Release