Mongolia Current Account Balance: % of GDP

Key information about Mongolia Current Account Balance: % of GDP

• Mongolia Current Account deficit accounted for 4.9 % of the country's Nominal GDP in Dec 2023, compared with a 1.8 % surplus in the previous quarter.
• Mongolia Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 2000 to Dec 2023, with an average value of -9.0 %.
• The data reached an all-time high of 15.1 % in Sep 2006 and a record low of -56.5 % in Mar 2012.

• In the latest reports of Mongolia, Current Account recorded a deficit of 309.6 USD mn in Jan 2024.
• Foreign Direct Investment (FDI) increased by 267.1 USD mn in Jan 2024.
• Mongolia Direct Investment Abroad expanded by 3.1 USD mn in Jan 2024.
• Its Foreign Portfolio Investment fell by 509.5 USD mn in Dec 2023.
• The country's Nominal GDP was reported at 3.9 USD bn in Mar 2023.

View Mongolia's Current Account Balance: % of GDP from Mar 2000 to Dec 2023 in the chart:

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What was Mongolia's Current Account Balance: % of GDP in Dec 2023?

Mongolia Current Account deficit accounted for 4.9 % of the country's Nominal GDP in Dec 2023, compared with a 1.8 % surplus in the previous quarter. See the table below for more data.

Current Account Balance: % of GDP by Country Comparison

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