Mongolia External Debt: % of GDP

1992 - 2022 | Yearly | % | CEIC Data

Key information about Mongolia External Debt: % of GDP

  • Mongolia External Debt accounted for 199.5 % of the country's Nominal GDP in 2022, compared with the ratio of 221.1 % in the previous year.
  • Mongolia External Debt: % of Nominal GDP data is updated yearly, available from Dec 1992 to Dec 2022.
  • 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.


Related information about Mongolia External Debt: % of GDP

  • In the latest reports of Mongolia, Current Account recorded a surplus of 49.5 USD mn in Jan 2023.
  • Foreign Direct Investment (FDI) increased by 106.7 USD mn in Jan 2023.
  • Mongolia Direct Investment Abroad expanded by 0.3 USD mn in Jan 2023.
  • Its Foreign Portfolio Investment fell by 237.8 USD mn in Dec 2022.
  • The country's External Debt reached 33,585.8 in Dec 2022.
  • The country's Nominal GDP was reported at 5.2 USD bn in Dec 2022.

View Mongolia's External Debt: % of GDP from 1992 to 2022 in the chart:

Mongolia External Debt: % of GDP

What was Mongolia's External Debt: % of GDP in 2022?

Mongolia External Debt accounted for 199.5 % of the country's Nominal GDP in 2022, compared with the ratio of 221.1 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
199.5 2022 221.1 2021 26.9 1992 370.6 2000 % yearly 1992 - 2022

External Debt: % of GDP by Country Comparison

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Includes External Debt: % of GDP on 109 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 63.2 2021 yearly 1991 - 2021
Algeria (%) 1.9 2021 yearly 1970 - 2021
Argentina (%) 56.6 2021 yearly 1994 - 2021
Armenia (%) 99.9 2021 yearly 2000 - 2021
Australia (%) 115.9 2022 yearly 1988 - 2022
Austria (%) 163.3 2021 yearly 1997 - 2021
Azerbaijan (%) 14.9 Dec 2021 quarterly Dec 2001 - Dec 2021
Bangladesh (%) 11.4 2017 yearly 1997 - 2017
Belarus (%) 57.7 Sep 2022 quarterly Dec 2000 - Sep 2022
Belgium (%) 258.5 2021 yearly 2007 - 2021
Bolivia (%) 38.8 2020 yearly 2006 - 2020
Bosnia and Herzegovina (%) 24.1 2021 yearly 1999 - 2021
Botswana (%) 8.0 2022 yearly 1995 - 2022
Brazil (%) 34.4 2021 yearly 1992 - 2021
Bulgaria (%) 52.0 2022 yearly 1999 - 2022
Cambodia (%) 75.1 2021 yearly 2010 - 2021
Canada (%) 135.5 2021 yearly 1990 - 2021
Chile (%) 77.4 2022 yearly 1971 - 2022
China (%) 15.4 2021 yearly 1985 - 2021
Colombia (%) 53.4 2022 yearly 1970 - 2022
Croatia (%) 77.5 2021 yearly 1998 - 2021
Cyprus (%) 699.5 2021 yearly 2004 - 2021
Czech Republic (%) 73.2 2021 yearly 1995 - 2021
Denmark (%) 151.0 2021 yearly 2005 - 2021
Ecuador (%) 54.1 2021 yearly 1970 - 2021
Egypt (%) 32.4 Sep 2022 quarterly Jun 1999 - Sep 2022
Estonia (%) 84.7 2021 yearly 1996 - 2021
European Union (%) 129.2 2021 yearly 2008 - 2021
Finland (%) 213.5 2022 yearly 1991 - 2022
France (%) 256.2 2021 yearly 2004 - 2021
Georgia (%) 117.8 2021 yearly 1999 - 2021
Germany (%) 169.4 2021 yearly 1999 - 2021
Ghana (%) 35.9 2021 yearly 1999 - 2021
Greece (%) 305.3 2021 yearly 2003 - 2021
Hong Kong SAR, China (%) 502.2 2022 yearly 2001 - 2022
Hungary (%) 157.7 2021 yearly 2006 - 2021
Iceland (%) 79.2 2022 yearly 1989 - 2022
India (%) 20.0 2022 yearly 1970 - 2022
Indonesia (%) 30.1 2022 yearly 2003 - 2022
Iran (%) 0.9 2021 yearly 1994 - 2021
Ireland (%) 559.9 2022 yearly 2002 - 2022
Israel (%) 33.1 2021 yearly 1998 - 2021
Italy (%) 137.8 2021 yearly 2002 - 2021
Ivory Coast (%) 31.4 2021 yearly 1994 - 2021
Japan (%) 101.8 2022 yearly 2003 - 2022
Jordan (%) 85.7 2021 yearly 1970 - 2021
Kazakhstan (%) 74.7 Sep 2022 quarterly Mar 2002 - Sep 2022
Kenya (%) 34.5 2021 yearly 2006 - 2021
South Korea (%) 39.9 2022 yearly 1994 - 2022
Kosovo (%) 37.4 2021 yearly 2007 - 2021
Kuwait (%) 58.5 2020 yearly 2014 - 2020
Kyrgyzstan (%) 103.7 2021 yearly 2003 - 2021
Laos (%) 53.8 2021 yearly 1996 - 2021
Latvia (%) 100.5 Dec 2022 quarterly Mar 2000 - Dec 2022
Lebanon (%) 53.0 2020 yearly 2007 - 2020
Lithuania (%) 77.0 2021 yearly 1996 - 2021
Luxembourg (%) 4,874.0 2021 yearly 2002 - 2021
North Macedonia (%) 81.9 2021 yearly 2004 - 2021
Malawi (%) 60.1 2021 yearly 2006 - 2021
Malaysia (%) 64.0 2022 yearly 2009 - 2022
Malta (%) 620.0 2021 yearly 2004 - 2021
Mauritius (%) 2,070.9 2021 yearly 2009 - 2021
Mexico (%) 47.1 2021 yearly 2002 - 2021
Moldova (%) 64.1 2021 yearly 2000 - 2021
Mongolia (%) 199.5 2022 yearly 1992 - 2022
Montenegro (%) 180.1 2021 yearly 2006 - 2021
Morocco (%) 47.0 2021 yearly 1970 - 2021
Mozambique (%) 71.7 2020 yearly 1985 - 2020
Myanmar (%) 16.7 2020 yearly 2018 - 2020
Nepal (%) 17.3 2016 yearly 2001 - 2016
Netherlands (%) 412.2 2021 yearly 2003 - 2021
New Zealand (%) 87.2 2021 yearly 1993 - 2021
Nigeria (%) 8.8 2021 yearly 1985 - 2021
Norway (%) 135.6 2022 yearly 2003 - 2022
Pakistan (%) 34.5 2022 yearly 2000 - 2022
Palestinian Territory (%) 11.9 2021 yearly 2012 - 2021
Panama (%) 167.4 2021 yearly 2014 - 2021
Paraguay (%) 51.9 2021 yearly 2000 - 2021
Peru (%) 41.8 2022 yearly 1980 - 2022
Philippines (%) 27.0 2021 yearly 1990 - 2021
Poland (%) 56.6 2021 yearly 1995 - 2021
Portugal (%) 191.3 2021 yearly 1996 - 2021
Qatar (%) 106.1 2018 yearly 2000 - 2018
Romania (%) 49.8 2022 yearly 1995 - 2022
Russia (%) 26.2 2021 yearly 1993 - 2021
Serbia (%) 68.5 2021 yearly 2000 - 2021
Singapore (%) 419.9 2021 yearly 2003 - 2021
Slovakia (%) 135.1 2021 yearly 1995 - 2021
Slovenia (%) 87.8 2022 yearly 2001 - 2022
South Africa (%) 38.3 2021 yearly 1985 - 2021
Spain (%) 192.9 2021 yearly 1995 - 2021
Sri Lanka (%) 57.7 2020 yearly 1998 - 2020
Sudan (%) 202.2 2021 yearly 2001 - 2021
Sweden (%) 172.1 2022 yearly 1997 - 2022
Switzerland (%) 295.8 2021 yearly 1999 - 2021
Taiwan (%) 26.5 2022 yearly 1999 - 2022
Tajikistan (%) 40.6 2020 yearly 2000 - 2020
Thailand (%) 37.0 Sep 2022 quarterly Mar 2005 - Sep 2022
Tunisia (%) 94.6 2021 yearly 2002 - 2021
Turkey (%) 54.2 2021 yearly 1989 - 2021

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Mongolia Key Series

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Includes 213 key indicators for Mongolia, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -1.9 Dec 2022 quarterly Dec 2000 - Dec 2022
Consolidated Fiscal Balance (USD mn) 15.449 Feb 2023 monthly Jan 2000 - Feb 2023
Tax Revenue (USD mn) 381.659 Feb 2023 monthly Jan 2000 - Feb 2023
Tax Revenue: % of GDP (%) 22.6 Dec 2022 quarterly Mar 2000 - Dec 2022
Government Debt: % of GDP (%) 59.4 Dec 2021 quarterly Dec 2017 - Dec 2021
Forecast: Government Expenditure (MNT bn) 34,916.360 2027 yearly 1981 - 2027
Forecast: Government Net Debt (MNT bn) 0.000 yearly -
Forecast: Government Revenue (MNT bn) 31,879.380 2027 yearly 1981 - 2027
General Government Expenditure & NL: ytd: Expenditure: Capital (MNT mn) 221,265.100 Feb 2023 monthly Dec 1999 - Feb 2023
General Government Expenditure & NL: ytd: Net Lending (MNT mn) 4,583.295 Jan 2023 monthly Dec 1999 - Jan 2023
General Government Revenue & Grants: ytd: Tax: Value Added Tax (MNT mn) 598,972.600 Feb 2023 monthly Dec 1999 - Feb 2023
General Government Balance: ytd (MNT mn) -31,621.440 Jan 2023 monthly Dec 1999 - Jan 2023
General Government Expenditure & NL: ytd: Expenditure: Current (MNT mn) 2,532,801.000 Feb 2023 monthly Dec 1999 - Feb 2023
General Government Revenue & Grants: ytd: Tax: Excises (MNT mn) 94,882.500 Feb 2023 monthly Dec 1999 - Feb 2023
General Government Expenditure & NL: ytd: Expenditure (MNT mn) 2,754,066.073 Feb 2023 monthly Dec 1999 - Feb 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.664 2027 yearly 1981 - 2027
Trade Balance (USD mn) 655.6 Feb 2023 monthly Jan 1997 - Feb 2023
Total Exports (USD mn) 1,165.8 Feb 2023 monthly Jan 1997 - Feb 2023
Total Exports Growth (%) 99.7 Jan 2023 monthly Jan 1998 - Jan 2023
Aluminum: Exports (USD th) 5,984.587 2021 yearly 1995 - 2021
Exports: Medicament (USD th) 148.806 2021 yearly 1995 - 2021
Exports: Medicinal and Pharmaceutical Product (USD th) 130.854 2021 yearly 1995 - 2021
Total Imports (USD mn) 510.2 Feb 2023 monthly Jan 1997 - Feb 2023
Total Imports Growth (%) 23.6 Jan 2023 monthly Jan 1998 - Jan 2023
Imports: Medicament (USD th) 148,737.013 2021 yearly 1995 - 2021
Imports: Medicinal and Pharmaceutical Product (USD th) 137,997.034 2021 yearly 1995 - 2021
Total Exports to USA (USD mn) 0.591 Feb 2023 monthly Dec 1999 - Feb 2023
Total Imports from USA (USD mn) 22.443 Jan 2023 monthly Dec 1999 - Jan 2023
Total Exports to China (USD mn) 1,100.855 Feb 2023 monthly Dec 1999 - Feb 2023
Total Imports from China (USD mn) 246.219 Jan 2023 monthly Dec 1999 - Jan 2023
Exports: Live Animals and Products of Animal Origin (USD th) 13,012.989 Jan 2023 monthly Dec 1999 - Jan 2023
Exports: Textiles and Textile Articles (USD th) 12,379.026 Jan 2023 monthly Dec 1999 - Jan 2023
Exports: Mineral Products (USD th) 875,583.078 Jan 2023 monthly Dec 1999 - Jan 2023
Exports: Base Metals and Articles Thereof (USD th) 5,374.900 Mar 2019 monthly Dec 1999 - Mar 2019
Exports: Europe: European Union: ow United Kingdom (USD th) 335.962 Jan 2023 monthly Dec 1999 - Jan 2023
Exports: Asia: North Eastern: ow China (USD th) 931,132.660 Jan 2023 monthly Dec 1999 - Jan 2023
Exports: America: USA (USD th) 486.100 Dec 2018 monthly Dec 1999 - Dec 2018
Imports: Auto, Air and Water Transport Vehicles and Their Spare Parts (USD th) 87,852.185 Feb 2023 monthly Dec 1999 - Feb 2023
Imports: Mineral Products (USD th) 180,179.786 Jan 2023 monthly Dec 1999 - Jan 2023
Imports: Machinery, Equipment, Electric Appliances, Recorders, TV Sets and Spare... (USD th) 104,530.588 Jan 2023 monthly Dec 1999 - Jan 2023
Imports: Base Metals and Articles Thereof (USD th) 47,313.331 Jan 2023 monthly Dec 1999 - Jan 2023
Imports: Food Products (USD th) 54,602.338 Jan 2023 monthly Dec 1999 - Jan 2023
Imports: America: ow USA (USD th) 22,443.130 Jan 2023 monthly Dec 1999 - Jan 2023
Imports: Asia: North Eastern: ow Japan (USD th) 66,746.261 Jan 2023 monthly Dec 1999 - Jan 2023
Imports: Asia: North Eastern: ow China (USD th) 247,545.323 Jan 2023 monthly Dec 1999 - Jan 2023
Imports: Europe: Others: ow Russian Federation (USD th) 201,146.565 Jan 2023 monthly Dec 1999 - Jan 2023
Imports: Asia: North Eastern: ow Republic of Korea (USD th) 24,320.776 Jan 2023 monthly Dec 1999 - Jan 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 0.3 Jan 2023 monthly Jan 2009 - Jan 2023
Current Account Balance (USD mn) 49.5 Jan 2023 monthly Jan 2009 - Jan 2023
Current Account Balance: % of GDP (%) -4.8 Dec 2022 quarterly Mar 2000 - Dec 2022
Foreign Direct Investment (USD mn) 106.7 Jan 2023 monthly Jan 2009 - Jan 2023
Foreign Direct Investment: % of GDP (%) 5.8 Dec 2022 quarterly Mar 2000 - Dec 2022
Foreign Portfolio Investment (USD mn) -237.780 Dec 2022 quarterly Mar 1998 - Dec 2022
Foreign Portfolio Investment: % of GDP (%) -4.6 Dec 2022 quarterly Mar 2000 - Dec 2022
Foreign Portfolio Investment: Equity Securities (USD mn) -5.0 Dec 2022 quarterly Mar 1998 - Dec 2022
Foreign Portfolio Investment: Debt Securities (USD mn) -232.740 Dec 2022 quarterly Mar 1998 - Dec 2022
External Debt (USD mn) 33,585.8 Dec 2022 quarterly Mar 2000 - Dec 2022
External Debt: % of GDP (%) 199.5 2022 yearly 1992 - 2022
External Debt: Short Term (USD mn) 3,468.4 Dec 2022 quarterly Mar 2000 - Dec 2022
External Debt: Short Term: % of GDP (%) 20.5 2022 yearly 1992 - 2022
Forecast: Current Account Balance (USD bn) -2.375 2027 yearly 1991 - 2027
Net International Investment Position (USD mn) -42,534.240 Dec 2022 quarterly Dec 2010 - Dec 2022
Balance of Payments (BoP): Current Account (CA) (USD mn) 49.500 Jan 2023 monthly Jan 2009 - Jan 2023
BoP: CA: Goods & Services: Goods (USD mn) 372.660 Jan 2023 monthly Jan 2009 - Jan 2023
BoP: CA: Goods & Services: Services (USD mn) -207.450 Jan 2023 monthly Jan 2009 - Jan 2023
BoP: Capital Account (USD mn) 6.330 Jan 2023 monthly Jan 2009 - Jan 2023
BoP: CA: Secondary Income (USD mn) 7.700 Jan 2023 monthly Jan 2009 - Jan 2023
BoP: CA: Primary Income (USD mn) -123.410 Jan 2023 monthly Jan 2009 - Jan 2023
BoP: FA: Direct Investment: Asset (USD mn) 0.350 Jan 2023 monthly Jan 2009 - Jan 2023
BoP: FA: Direct Investment (USD mn) -106.350 Jan 2023 monthly Jan 2009 - Jan 2023
BoP: Financial Account (FA) (USD mn) -7.530 Jan 2023 monthly Jan 2009 - Jan 2023
BoP: FA: Direct Investment: Liabilities (USD mn) 106.710 Jan 2023 monthly Jan 2009 - Jan 2023
BoP: FA: Portfolio Investment (USD mn) -202.230 Jan 2023 monthly Jan 2009 - Jan 2023
BoP: FA: Portfolio Investment: Liabilities (USD mn) 228.010 Jan 2023 monthly Jan 2009 - Jan 2023
BoP: FA: Financial Derivatives (USD mn) -0.250 Jan 2023 monthly Jan 2009 - Jan 2023
BoP: FA: Financial Derivatives: Asset (USD mn) 0.220 Jan 2023 monthly Jan 2009 - Jan 2023
BoP: FA: Financial Derivatives: Liabilities (USD mn) 0.480 Jan 2023 monthly Jan 2009 - Jan 2023
BoP: FA: Portfolio Investment: Asset (USD mn) 25.780 Jan 2023 monthly Jan 2009 - Jan 2023
BoP: FA: Other Investment (OI) (USD mn) 301.310 Jan 2023 monthly Jan 2009 - Jan 2023
BoP: FA: OI: Liabilities (USD mn) -97.040 Jan 2023 monthly Jan 2009 - Jan 2023
BoP: FA: OI: Asset (USD mn) 204.260 Jan 2023 monthly Jan 2009 - Jan 2023
BoP: Net Errors & Omissions (USD mn) 125.210 Jan 2023 monthly Jan 2009 - Jan 2023
BoP: Reserves: Assets (USD mn) 188.560 Jan 2023 monthly Jan 2009 - Jan 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 9.0 Jan 2023 monthly Dec 1996 - Jan 2023
Household Debt: % of GDP (%) 22.3 Dec 2022 quarterly Mar 2004 - Dec 2022
Non-Performing Loans (USD mn) 580.178 Jan 2023 monthly Dec 1996 - Jan 2023
Money Supply M1 (USD mn) 1,900.824 Jan 2023 monthly Dec 1996 - Jan 2023
Money Supply M2 (USD mn) 8,513.290 Jan 2023 monthly Dec 1996 - Jan 2023
M2 Growth (%) 10.9 Jan 2023 monthly Dec 1997 - Jan 2023
Reserve Requirement Ratio (%) 8.0 Feb 2023 monthly Jan 2005 - Feb 2023
Foreign Exchange Reserves (USD mn) 2,237.8 Oct 2022 monthly Dec 1992 - Oct 2022
Foreign Exchange Reserves: % of GDP (%) 13.735 Sep 2022 quarterly Dec 2010 - Sep 2022
Foreign Exchange Reserves: Months of Import (NA) 2.8 Oct 2022 monthly Jan 1997 - Oct 2022
Gold Reserves (USD mn) 421.013 Oct 2022 monthly Dec 1980 - Oct 2022
Total Deposits (USD mn) 5,241.360 Jan 2023 monthly Jan 2000 - Jan 2023
Total Deposits Growth (%) 1.1 Feb 2023 monthly Jan 2001 - Feb 2023
Domestic Credit (USD mn) 6,775.6 Feb 2023 monthly Dec 1992 - Feb 2023
Domestic Credit Growth (%) -0.5 Jan 2023 monthly Dec 1993 - Jan 2023
Household Debt (USD mn) 3,478.8 Jan 2023 monthly Jan 2004 - Jan 2023
Total Loans (USD mn) 6,440.281 Jan 2023 monthly Dec 1996 - Jan 2023
Total Loans Growth (%) 7.02 Jan 2023 monthly Dec 1997 - Jan 2023
Private Debt: % of Nominal GDP (%) 41.03 Dec 2022 quarterly Dec 2010 - Dec 2022
Money Supply: M2: M1 (MNT mn) 7,201,328.931 Dec 2022 monthly Dec 1990 - Dec 2022
International Reserves: Gross (USD mn) 3,394.730 Feb 2023 monthly Jan 2006 - Feb 2023
Loans: Outstanding Amounts: Non Performing Loans (MNT mn) 2,025,666.738 Jan 2023 monthly Dec 1996 - Jan 2023

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