Mongolia External Debt: % of GDP

Mongolia's External Debt accounted for 219.4 % of the country's Nominal GDP in 2019, compared with the ratio of 219.1 % in the previous year. Mongolia's External Debt: % of Nominal GDP data is updated yearly, available from Dec 1992 to Dec 2019. The data reached an all-time high of 370.6 % in Dec 2000 and a record low of 26.9 % in Dec 1992. CEIC calculates External Debt as % of Nominal GDP from quarterly External Debt and annual Nominal GDP. The Bank of Mongolia provides External Debt in USD. The National Statistics Office of Mongolia provides Nominal GDP in local currency. The Bank of Mongolia average market exchange rate is used for currency conversions. External Debt as % of Nominal GDP prior to 2010 is calculated from Nominal GDP based on SNA1993. External Debt as % of Nominal GDP prior to 2000 is calculated from External Debt and Nominal GDP, both sourced from the World Bank.

In the latest reports of Mongolia, Current Account recorded a deficit of 86.8 USD mn in Aug 2020. Foreign Direct Investment (FDI) increased by 46.8 USD mn in Aug 2020. Mongolia's Direct Investment Abroad expanded by 3.2 USD mn in Aug 2020. Its Foreign Portfolio Investment fell by 563.3 USD mn in Jun 2020. The country's External Debt reached 30,814.0 in Jun 2020. The country's Nominal GDP was reported at 3.3 USD bn in Jun 2020.

View Mongolia's External Debt: % of GDP from 1992 to 2019 in the chart:

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What was Mongolia's External Debt: % of GDP in 2019?

External Debt: % of GDP by Country Comparison

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