Government expenditure on tertiary education, constant US$ in Mongolia

Mongolia: Government expenditure on tertiary education, constant US$ was 28.36 millions in 2024. ◆ Volatile

Latest (2024)
28.36 millions
Change on year
up 47.0%
World rank
140th
of 159 countries
All-time high
125.4 millions
in 2012
All-time low
19.29 millions
in 2023
Years of data
13
1997–2024

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

2550751001251997201020241997: 29.2 millions2002: 60.1 millions2004: 50.9 millions2010: 29.1 millions2011: 19.4 millions2012: 125.4 millions2013: 111.8 millions2014: 100.2 millions2015: 73.6 millions2016: 87.8 millions2017: 42.6 millions2023: 19.3 millions2024: 28.4 millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

In 2024, government expenditure on tertiary education, constant us$ in Mongolia stood at 28.36 millions.

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 us$ in Mongolia peaked at 125.4 millions in 2012 and was at its lowest, 19.29 millions, in 2023.

Mongolia ranks 140th of 159 countries on this measure, 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 US$ in Mongolia, year by year

Annual values for Government expenditure on tertiary education, constant US$ (millions) in Mongolia, 1997 to 2024.
Year millions Change
1997 29.21 millions
2002 60.11 millions +105.8%
2004 50.9 millions -15.3%
2010 29.09 millions -42.8%
2011 19.39 millions -33.3%
2012 125.4 millions +546.7%
2013 111.77 millions -10.9%
2014 100.16 millions -10.4%
2015 73.6 millions -26.5%
2016 87.78 millions +19.3%
2017 42.56 millions -51.5%
2023 19.29 millions -54.7%
2024 28.36 millions +47.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 29.21 millions 29.21 millions 29.21 millions 1
2000s 55.5 millions 50.9 millions 60.11 millions 2
2010s 73.72 millions 19.39 millions 125.4 millions 8
2020s 23.82 millions 19.29 millions 28.36 millions 2

Countries ranked near Mongolia

  1. 137 Tajikistan 34.23 millions compare
  2. 138 Burundi 34.12 millions compare
  3. 139 Aruba 33.18 millions compare
  4. 141 Cambodia 23.4 millions compare
  5. 142 Haiti 17.35 millions
  6. 143 Seychelles 15.71 millions compare

See the full ranking of 159 places →

More education data for Mongolia

All data for Mongolia →

Frequently asked questions

What is government expenditure on tertiary education, constant us$ in Mongolia?
Government expenditure on tertiary education, constant us$ in Mongolia was 28.36 millions in 2024, according to UNESCO Institute for Statistics.
What is the highest government expenditure on tertiary education, constant us$ recorded in Mongolia?
The highest recorded value was 125.4 millions in 2012.
What is the lowest government expenditure on tertiary education, constant us$ recorded in Mongolia?
The lowest recorded value was 19.29 millions in 2023.
How does Mongolia rank for government expenditure on tertiary education, constant us$?
Mongolia ranks 140th out of 159 countries with data for 2024.
Is government expenditure on tertiary education, constant us$ 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 US$ (millions). Statizoid updates them automatically from the source API.

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Government expenditure on tertiary education, constant US$ in Mongolia. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 23 August 2026, from https://education.statizoid.com/stat/government-expenditure-on-tertiary-education-constant-us-millions-2/mongolia/

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About this data

Indicator
Government expenditure on tertiary education, constant US$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
159 places, 3,551 data points, 1970–2024
Last refreshed

February 2026 Data Release