Initial government funding per tertiary student, constant PPP$ in Mongolia

Mongolia: Initial government funding per tertiary student, constant PPP$ was 581.94 in 2024. β—† Volatile

Latest (2024)
581.94
Change on year
up 42.1%
World rank
118th
of 119 countries
All-time high
2,224
in 2012
All-time low
349.33
in 2011
Years of data
13
1997–2024

Initial government funding per tertiary student, constant PPP$ in Mongolia, 1997–2024

5001.0k1.5k2.0k1997201020241997: 2.0k2002: 2.1k2004: 1.4k2010: 541.12011: 349.32012: 2.2k2013: 2.0k2014: 1.8k2015: 1.3k2016: 1.7k2017: 5112023: 409.42024: 581.9

Source: UNESCO Institute for Statistics.

Analysis

In 2024, initial government funding per tertiary student, constant ppp$ in Mongolia stood at 581.94.

That represents a change of up 42.1% on the previous year and down 67.0% over ten years.

Over the whole period, initial government funding per tertiary student, constant ppp$ in Mongolia peaked at 2,224 in 2012 and was at its lowest, 349.33, in 2011.

That places Mongolia 118th out of 119 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.

Averages by decade

DecadeAverage LowestHighest Years
1990s 2,043 2,043 2,043 1
2000s 1,748 1,443 2,053 2
2010s 1,284 349.33 2,224 8
2020s 495.69 409.45 581.94 2

Countries ranked near Mongolia

  1. 115 Kyrgyz Republic 726.89 compare
  2. 116 Philippines 683.46 compare
  3. 117 Tajikistan, Republic of 641.37 compare
  4. 119 Monaco 0

See the full ranking of 119 places β†’

More education data for Mongolia

All data for Mongolia β†’

Frequently asked questions

What is initial government funding per tertiary student, constant ppp$ in Mongolia?
Initial government funding per tertiary student, constant ppp$ in Mongolia was 581.94 in 2024, according to UNESCO Institute for Statistics.
What is the highest initial government funding per tertiary student, constant ppp$ recorded in Mongolia?
The highest recorded value was 2,224 in 2012.
What is the lowest initial government funding per tertiary student, constant ppp$ recorded in Mongolia?
The lowest recorded value was 349.33 in 2011.
How does Mongolia rank for initial government funding per tertiary student, constant ppp$?
Mongolia ranks 118th out of 119 countries with data for 2024.
Is initial government funding per tertiary student, constant ppp$ rising or falling in Mongolia?
Over the last ten years it is down 67.0%. 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 Initial government funding per tertiary student, constant PPP$. Statizoid updates them automatically from the source API.

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Initial government funding per tertiary student, constant PPP$ in Mongolia. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 19 August 2026, from https://education.statizoid.com/stat/initial-government-funding-per-tertiary-student-constant-ppp-2/mongolia/

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About this data

Indicator
Initial government funding per tertiary student, constant PPP$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
119 places, 1,703 data points, 1970–2024
Last refreshed

February 2026 Data Release