Where Does the Money Go?

Mongolia's 2024 national budget totals 27.4 trillion tugriks in expenditure — and the 2025 budget, approved in December 2024, is Mongolia's first-ever deficit-free budget at 33.5 trillion. But the headline numbers hide enormous variation: social protection takes the largest share at 21.7%, followed by education at 19.5%, while defense sits at just 4.7%. This database lets you explore every major line item — filter by category, sort by amount, and see where the money goes.

Two trends stand out. First, infrastructure spending has surged 32% year-over-year, driven by new road construction and the Ulaanbaatar metro project. Second, administrative costs across ministries have grown faster than the programs they are meant to manage — a pattern that suggests bureaucratic expansion is outpacing service delivery. Debt service now consumes nearly 12% of the total budget, crowding out discretionary spending.