The Personal Income Tax Rate in Mongolia stands at 20 percent. Personal Income Tax Rate in Mongolia averaged 13.08 percent from 2013 until 2026, reaching an all time high of 20.00 percent in 2023 and a record low of 10.00 percent in 2014. source: General Department of National Taxation

Personal Income Tax Rate in Mongolia is expected to reach 20.00 percent by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mongolia Personal Income Tax Rate is projected to trend around 20.00 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
Corporate Tax Rate 25.00 25.00 percent Dec 2026
Personal Income Tax Rate 20.00 20.00 percent Dec 2026
Sales Tax Rate 10.00 10.00 percent Dec 2026
Social Security Rate 26.00 26.00 percent Dec 2026
Social Security Rate For Companies 14.50 14.50 percent Dec 2026
Social Security Rate For Employees 11.50 11.50 percent Dec 2026


Mongolia Personal Income Tax Rate
In Mongolia, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labor, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Mongolia.
Actual Previous Highest Lowest Dates Unit Frequency
20.00 20.00 20.00 10.00 2013 - 2026 percent Yearly