Education Spending: Mongolia
Mongolia's education spending is currently 5.212 % of GDP as of 2024. # Mongolia Education Spending Mongolia allocated 5.
Current (2024)
5.212 % of GDP
+42.5% y/y
Peak (2002)
7.211 % of GDP
Low (2023)
3.658 % of GDP
Source
World Bank World Development Indicators
1997–2024 · 18 pts
Education Spending — Mongolia
1997 — 2024
Education Spending — Mongolia
Analysis# Mongolia Education Spending
Mongolia allocated 5.212% of its GDP to education in 2024, representing a significant recovery from 2023's record low of 3.658%. The country's educational investment peaked at 7.211% in 2002, nearly 2 percentage points above current levels. Over the 27-year period from 1997 to 2024, education spending has grown 32.0%, though the trajectory remains volatile rather than consistently upward.
The most striking recent shift occurred between 2023 and 2024, when Mongolia increased education spending by 1.554 percentage points—the sharpest year-over-year jump in the available data. Prior to 2023's dramatic dip, spending had fluctuated between 4% and 5.2% throughout the 2010s. The 2024 rebound suggests renewed commitment to education funding, though whether this marks sustained policy change or temporary adjustment remains unclear.
Historical Data
18 Rows| Year | Value | Change % |
|---|---|---|
| 2024 | 5.212 % of GDP | +42.48% |
| 2023 | 3.658 % of GDP | -10.10% |
| 2017 | 4.069 % of GDP | -21.49% |
| 2016 | 5.183 % of GDP | +22.70% |
| 2015 | 4.224 % of GDP | -10.41% |
| 2014 | 4.715 % of GDP | -4.57% |
| 2013 | 4.941 % of GDP | -4.89% |
| 2012 | 5.195 % of GDP | +12.71% |
| 2011 | 4.609 % of GDP | -0.78% |
| 2010 | 4.645 % of GDP | -9.72% |
| 2009 | 5.145 % of GDP | +9.70% |
| 2007 | 4.69 % of GDP | +8.41% |
| 2004 | 4.326 % of GDP | -40.01% |
| 2002 | 7.211 % of GDP | +29.93% |
| 2000 | 5.55 % of GDP | +7.85% |
| 1999 | 5.146 % of GDP | -6.32% |
| 1998 | 5.493 % of GDP | +39.10% |
| 1997 | 3.949 % of GDP | — |
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