Mongolia Government Debt: % of GDP

2017 - 2021 | Quarterly | % | CEIC Data

Key information about Mongolia Government Debt: % of GDP

  • Mongolia Government debt accounted for 59.4 % of the country's Nominal GDP in Dec 2021, compared with the ratio of 63.3 % in the previous quarter.
  • Mongolia government debt to GDP ratio data is updated quarterly, available from Dec 2017 to Dec 2021.

CEIC calculated quarterly Government Debt as % of Nominal GDP from quarterly Government Debt and quarterly Nominal GDP. The World Bank provides Government Debt in local currency. The National Statistics Office of Mongolia provides Nominal GDP in local currency. Government Debt covers Central Government only.
  • The country's Nominal GDP reached 3.9 USD bn in Mar 2023.
  • View Mongolia's Government Debt: % of GDP from Dec 2017 to Dec 2021 in the chart:

    Mongolia Government Debt: % of GDP

    What was Mongolia's Government Debt: % of GDP in Dec 2021?

    Mongolia Government debt accounted for 59.4 % of the country's Nominal GDP in Dec 2021, compared with the ratio of 63.3 % in the previous quarter. See the table below for more data.

    Last Previous Min Max Unit Frequency Range
    59.4 Dec 2021 63.3 Sep 2021 0.0 - 0.0 - % quarterly Dec 2017 - Dec 2021

    Government Debt: % of GDP by Country Comparison

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    Includes Government Debt: % of GDP on 108 economies standardised by CEIC. Instant access to full history data in excel.
    country/region Last Frequency Range
    Albania (%) 61.2 Jun 2023 quarterly Sep 2010 - Jun 2023
    Algeria (%) 62.1 2022 yearly 1997 - 2022
    Argentina (%) 80.3 Mar 2023 quarterly Dec 2004 - Mar 2023
    Armenia (%) 50.5 Dec 2023 quarterly Dec 2013 - Dec 2023
    Australia (%) 41.8 2022 yearly 1999 - 2022
    Austria (%) 77.8 Dec 2023 quarterly Mar 2000 - Dec 2023
    Azerbaijan (%) 16.8 2021 yearly 2008 - 2021
    Bahrain (%) 90.9 Sep 2023 quarterly Dec 2007 - Sep 2023
    Bangladesh (%) 23.9 2023 yearly 2010 - 2023
    Belarus (%) 35.9 Mar 2022 quarterly Dec 2003 - Mar 2022
    Belgium (%) 108.0 Sep 2023 quarterly Dec 1980 - Sep 2023
    Bolivia (%) 27.2 2014 yearly 1998 - 2014
    Bosnia and Herzegovina (%) 20.7 2022 yearly 2007 - 2022
    Botswana (%) 17.2 Jun 2023 quarterly Jun 2014 - Jun 2023
    Brazil (%) 74.3 Dec 2023 quarterly Dec 2006 - Dec 2023
    Bulgaria (%) 21.0 Sep 2023 quarterly Mar 2007 - Sep 2023
    Cambodia (%) 33.7 2022 yearly 2013 - 2022
    Canada (%) 67.8 2023 yearly 1962 - 2023
    Chile (%) 39.9 Dec 2023 quarterly Mar 2002 - Dec 2023
    China (%) 22.7 Sep 2023 quarterly Mar 2014 - Sep 2023
    Colombia (%) 59.0 Sep 2023 quarterly Dec 2005 - Sep 2023
    Croatia (%) 67.8 Dec 2022 quarterly Dec 1995 - Dec 2022
    Cyprus (%) 77.4 Dec 2023 quarterly Dec 2010 - Dec 2023
    Czech Republic (%) 44.0 Dec 2023 quarterly Mar 2000 - Dec 2023
    Denmark (%) 29.3 Dec 2023 quarterly Mar 2000 - Dec 2023
    Ecuador (%) 67.0 Dec 2023 quarterly Dec 2005 - Dec 2023
    Egypt (%) 68.6 Jun 2020 quarterly Jun 2006 - Jun 2020
    Estonia (%) 19.6 Dec 2023 quarterly Mar 2000 - Dec 2023
    European Union (%) 82.4 Sep 2023 quarterly Mar 2000 - Sep 2023
    Finland (%) 75.8 Dec 2023 quarterly Mar 2000 - Dec 2023
    France (%) 1.1 Dec 2023 quarterly Dec 1995 - Dec 2023
    Georgia (%) 39.1 Dec 2023 quarterly Mar 2006 - Dec 2023
    Germany (%) 63.6 Dec 2023 quarterly Mar 2000 - Dec 2023
    Ghana (%) 70.7 2022 yearly 2006 - 2022
    Greece (%) 165.5 Sep 2023 quarterly Dec 1999 - Sep 2023
    Hong Kong SAR, China (%) 50.1 2023 yearly 2003 - 2023
    Hungary (%) 71.2 Sep 2023 quarterly Dec 1990 - Sep 2023
    Iceland (%) 64.8 2023 yearly 1998 - 2023
    India (%) 59.0 Dec 2023 quarterly Mar 2012 - Dec 2023
    Indonesia (%) 39.0 Dec 2023 quarterly Jun 2015 - Dec 2023
    Iran (%) 8.3 Sep 2023 quarterly Mar 1998 - Sep 2023
    Ireland (%) 43.5 Sep 2023 quarterly Mar 2000 - Sep 2023
    Israel (%) 60.3 2023 yearly 1995 - 2023
    Italy (%) 137.3 Dec 2023 quarterly Dec 1995 - Dec 2023
    Ivory Coast (%) 8.6 2015 yearly 1975 - 2015
    Japan (%) 217.3 Dec 2023 quarterly Dec 1994 - Dec 2023
    Jordan (%) 89.2 Sep 2023 quarterly Mar 2002 - Sep 2023
    Kazakhstan (%) 23.1 Sep 2023 quarterly Mar 2005 - Sep 2023
    Kenya (%) 68.3 Mar 2023 quarterly Dec 2009 - Mar 2023
    South Korea (%) 49.9 Sep 2023 quarterly Sep 2002 - Sep 2023
    Kosovo (%) 19.9 2022 yearly 2009 - 2022
    Kuwait (%) 0.4 Sep 2023 quarterly Dec 2010 - Sep 2023
    Kyrgyzstan (%) 45.6 Dec 2023 quarterly Mar 2011 - Dec 2023
    Latvia (%) 39.5 Jun 2023 quarterly Mar 2000 - Jun 2023
    Lebanon (%) 150.6 2020 yearly 1998 - 2020
    Lithuania (%) 37.4 Sep 2023 quarterly Mar 2000 - Sep 2023
    Luxembourg (%) 25.8 Sep 2023 quarterly Dec 1997 - Sep 2023
    North Macedonia (%) 53.1 Dec 2023 quarterly Dec 2009 - Dec 2023
    Malawi (%) 66.0 2014 yearly 2010 - 2014
    Malaysia (%) 64.3 Dec 2023 quarterly Dec 2010 - Dec 2023
    Malta (%) 49.6 Sep 2023 quarterly Dec 2000 - Sep 2023
    Mauritius (%) 69.3 Dec 2023 quarterly Jun 2003 - Dec 2023
    Mexico (%) 49.7 Dec 2023 quarterly Dec 2005 - Dec 2023
    Moldova (%) 34.9 Dec 2023 quarterly Mar 2007 - Dec 2023
    Mongolia (%) 59.4 Dec 2021 quarterly Dec 2017 - Dec 2021
    Montenegro (%) 59.7 Sep 2023 quarterly Dec 2010 - Sep 2023
    Morocco (%) 71.6 2022 yearly 1994 - 2022
    Nepal (%) 27.2 2019 yearly 1990 - 2019
    Netherlands (%) 46.5 Dec 2023 quarterly Dec 1999 - Dec 2023
    New Zealand (%) 38.7 Dec 2023 quarterly Dec 2006 - Dec 2023
    Nigeria (%) 39.8 Dec 2023 quarterly Dec 2010 - Dec 2023
    Norway (%) 44.3 2023 yearly 1995 - 2023
    Oman (%) 41.2 2022 yearly 1990 - 2022
    Pakistan (%) 71.6 2022 yearly 2000 - 2022
    Palestinian Territory (%) 72.6 Sep 2023 quarterly Dec 2010 - Sep 2023
    Panama (%) 56.4 Dec 2023 quarterly Dec 2007 - Dec 2023
    Paraguay (%) 34.8 Dec 2023 quarterly Dec 2014 - Dec 2023
    Peru (%) 32.9 Dec 2023 quarterly Mar 1999 - Dec 2023
    Philippines (%) 60.2 Dec 2023 quarterly Mar 1993 - Dec 2023
    Poland (%) 49.8 Dec 2023 quarterly Dec 2002 - Dec 2023
    Portugal (%) 99.0 Dec 2023 quarterly Dec 1995 - Dec 2023
    Qatar (%) 15.0 2012 yearly 2006 - 2012
    Romania (%) 48.9 Dec 2023 quarterly Dec 2011 - Dec 2023
    Russia (%) 15.7 Sep 2023 quarterly Dec 2011 - Sep 2023
    Saudi Arabia (%) 26.2 Dec 2023 quarterly Dec 2016 - Dec 2023
    Serbia (%) 52.0 Dec 2023 quarterly Sep 2004 - Dec 2023
    Singapore (%) 170.8 Dec 2023 quarterly Mar 1990 - Dec 2023
    Slovakia (%) 59.5 Jun 2023 quarterly Mar 2000 - Jun 2023
    Slovenia (%) 70.4 Jun 2023 quarterly Dec 1999 - Jun 2023
    South Africa (%) 73.9 Dec 2023 quarterly Dec 1960 - Dec 2023
    Spain (%) 107.7 Dec 2023 quarterly Mar 1995 - Dec 2023
    Sri Lanka (%) 104.4 Sep 2023 quarterly Mar 2014 - Sep 2023
    Sweden (%) 30.4 Sep 2023 quarterly Mar 1996 - Sep 2023
    Switzerland (%) 23.1 2027 yearly 1990 - 2027
    Taiwan (%) 29.7 2022 yearly 1996 - 2022
    Tajikistan (%) 36.3 2021 yearly 1999 - 2021
    Thailand (%) 54.3 Dec 2023 quarterly Dec 1997 - Dec 2023
    Tunisia (%) 79.7 Dec 2021 monthly Apr 2011 - Dec 2021
    Turkey (%) 29.5 Dec 2023 quarterly Dec 2001 - Dec 2023
    Ukraine (%) 79.4 Dec 2023 quarterly Dec 2010 - Dec 2023

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    Mongolia Key Series

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    Includes 212 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 (%) 1.1 Dec 2023 quarterly Dec 2000 - Dec 2023
    Consolidated Fiscal Balance (USD mn) 196.620 Feb 2024 monthly Jan 2000 - Feb 2024
    Tax Revenue (USD mn) 582.910 Feb 2024 monthly Jan 2000 - Feb 2024
    Tax Revenue: % of GDP (%) 19.8 Dec 2023 quarterly Mar 2000 - Dec 2023
    Government Debt: % of GDP (%) 59.4 Dec 2021 quarterly Dec 2017 - Dec 2021
    Forecast: Government Expenditure (MNT bn) 42,528.460 2028 yearly 1981 - 2028
    Forecast: Government Net Debt (MNT bn) 90,114.430 2028 yearly 2006 - 2028
    Forecast: Government Revenue (MNT bn) 39,675.330 2028 yearly 1981 - 2028
    General Government Expenditure & NL: ytd: Net Lending (MNT mn) 34,495.933 Feb 2024 monthly Dec 1999 - Feb 2024
    General Government Revenue & Grants: ytd: Tax: Value Added Tax (MNT mn) 859,511.784 Feb 2024 monthly Dec 1999 - Feb 2024
    General Government Balance: ytd (MNT mn) 1,342,943.738 Feb 2024 monthly Dec 1999 - Feb 2024
    General Government Revenue & Grants: ytd: Tax: Excises (MNT mn) 200,874.250 Feb 2024 monthly Dec 1999 - Feb 2024
    General Government Expenditure & NL: ytd: Expenditure (MNT mn) 3,724,681.023 Feb 2024 monthly Dec 1999 - Feb 2024
    General Government Expenditure & NL: ytd: Expenditure: Current (MNT mn) 3,078,412.654 Feb 2024 monthly Dec 1999 - Feb 2024
    General Government Expenditure & NL: ytd: Expenditure: Capital (MNT mn) 646,268.369 Feb 2024 monthly Dec 1999 - Feb 2024
    Foreign Trade Last Frequency Range
    Forecast: Exports of Goods Growth (%) 1.185 2028 yearly 1981 - 2028
    Trade Balance (USD mn) 252.4 Feb 2024 monthly Jan 1997 - Feb 2024
    Total Exports (USD mn) 913.0 Feb 2024 monthly Jan 1997 - Feb 2024
    Total Exports Growth (%) 48.0 Apr 2023 monthly Jan 1998 - Apr 2023
    Aluminum: Exports (USD th) 7,160.872 2022 yearly 1995 - 2022
    Exports: Medicament (USD th) 100.343 2022 yearly 1995 - 2022
    Exports: Medicinal and Pharmaceutical Product (USD th) 83.518 2022 yearly 1995 - 2022
    Total Imports (USD mn) 660.6 Feb 2024 monthly Jan 1997 - Feb 2024
    Total Imports Growth (%) 29.6 Feb 2024 monthly Jan 1998 - Feb 2024
    Imports: Medicament (USD th) 140,968.073 2022 yearly 1995 - 2022
    Imports: Medicinal and Pharmaceutical Product (USD th) 71,770.506 2022 yearly 1995 - 2022
    Total Exports to USA (USD mn) 0.307 Feb 2024 monthly Dec 1999 - Feb 2024
    Total Imports from USA (USD mn) 22.150 Feb 2024 monthly Dec 1999 - Feb 2024
    Total Exports to China (USD mn) 1,198.029 Jan 2024 monthly Dec 1999 - Jan 2024
    Total Imports from China (USD mn) 184.224 Feb 2024 monthly Dec 1999 - Feb 2024
    Exports: Live Animals and Products of Animal Origin (USD th) 7,508.623 Feb 2024 monthly Dec 1999 - Feb 2024
    Exports: Textiles and Textile Articles (USD th) 7,249.815 Feb 2024 monthly Dec 1999 - Feb 2024
    Exports: Mineral Products (USD th) 875,134.166 Feb 2024 monthly Dec 1999 - Feb 2024
    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) 140.450 Feb 2024 monthly Dec 1999 - Feb 2024
    Exports: Asia: North Eastern: ow China (USD th) 887,716.060 Feb 2024 monthly Dec 1999 - Feb 2024
    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) 122,056.008 Feb 2024 monthly Dec 1999 - Feb 2024
    Imports: Mineral Products (USD th) 192,085.521 Feb 2024 monthly Dec 1999 - Feb 2024
    Imports: Food Products (USD th) 49,016.319 Feb 2024 monthly Dec 1999 - Feb 2024
    Imports: Machinery, Equipment, Electric Appliances, Recorders, TV Sets and Spare... (USD th) 132,229.588 Feb 2024 monthly Dec 1999 - Feb 2024
    Imports: Base Metals and Articles Thereof (USD th) 35,790.276 Feb 2024 monthly Dec 1999 - Feb 2024
    Imports: Asia: North Eastern: ow Republic of Korea (USD th) 29,531.059 Feb 2024 monthly Dec 1999 - Feb 2024
    Imports: Europe: Others: ow Russian Federation (USD th) 210,974.018 Feb 2024 monthly Dec 1999 - Feb 2024
    Imports: America: ow USA (USD th) 22,149.732 Feb 2024 monthly Dec 1999 - Feb 2024
    Imports: Asia: North Eastern: ow Japan (USD th) 73,506.240 Feb 2024 monthly Dec 1999 - Feb 2024
    Imports: Asia: North Eastern: ow China (USD th) 184,794.549 Feb 2024 monthly Dec 1999 - Feb 2024
    Balance of Payments Last Frequency Range
    Direct Investment Abroad (USD mn) 3.3 Feb 2024 monthly Jan 2009 - Feb 2024
    Current Account Balance (USD mn) -144.7 Feb 2024 monthly Jan 2009 - Feb 2024
    Current Account Balance: % of GDP (%) -4.9 Dec 2023 quarterly Mar 2000 - Dec 2023
    Foreign Direct Investment (USD mn) 267.1 Feb 2024 monthly Jan 2009 - Feb 2024
    Foreign Direct Investment: % of GDP (%) 11.6 Dec 2023 quarterly Mar 2000 - Dec 2023
    Foreign Portfolio Investment (USD mn) -509.520 Dec 2023 quarterly Mar 1998 - Dec 2023
    Foreign Portfolio Investment: % of GDP (%) -7.8 Dec 2023 quarterly Mar 2000 - Dec 2023
    Foreign Portfolio Investment: Equity Securities (USD mn) -0.1 Dec 2023 quarterly Mar 1998 - Dec 2023
    Foreign Portfolio Investment: Debt Securities (USD mn) -509.375 Dec 2023 quarterly Mar 1998 - Dec 2023
    External Debt (USD mn) 34,569.8 Dec 2023 quarterly Mar 2000 - Dec 2023
    External Debt: % of GDP (%) 174.0 2023 yearly 1992 - 2023
    External Debt: Short Term (USD mn) 2,388.2 Dec 2023 quarterly Mar 2000 - Dec 2023
    External Debt: Short Term: % of GDP (%) 11.7 2023 yearly 1992 - 2023
    Forecast: Current Account Balance (USD bn) -1.770 2028 yearly 1991 - 2028
    Net International Investment Position (USD mn) -41,852.420 Jun 2023 quarterly Dec 2010 - Jun 2023
    Balance of Payments (BoP): Current Account (CA) (USD mn) -144.653 Feb 2024 monthly Jan 2009 - Feb 2024
    BoP: CA: Primary Income (USD mn) -148.900 Feb 2024 monthly Jan 2009 - Feb 2024
    BoP: CA: Goods & Services: Services (USD mn) -270.867 Feb 2024 monthly Jan 2009 - Feb 2024
    BoP: Financial Account (FA) (USD mn) -310.619 Feb 2024 monthly Jan 2009 - Feb 2024
    BoP: CA: Secondary Income (USD mn) 132.315 Feb 2024 monthly Jan 2009 - Feb 2024
    BoP: FA: Direct Investment (USD mn) -263.832 Feb 2024 monthly Jan 2009 - Feb 2024
    BoP: FA: Direct Investment: Liabilities (USD mn) 267.118 Feb 2024 monthly Jan 2009 - Feb 2024
    BoP: FA: Portfolio Investment: Asset (USD mn) 27.697 Feb 2024 monthly Jan 2009 - Feb 2024
    BoP: FA: Portfolio Investment (USD mn) 33.165 Feb 2024 monthly Jan 2009 - Feb 2024
    BoP: FA: Portfolio Investment: Liabilities (USD mn) -5.469 Feb 2024 monthly Jan 2009 - Feb 2024
    BoP: FA: Financial Derivatives: Asset (USD mn) -2.282 Feb 2024 monthly Jan 2009 - Feb 2024
    BoP: FA: OI: Asset (USD mn) -80.085 Feb 2024 monthly Jan 2009 - Feb 2024
    BoP: FA: Financial Derivatives (USD mn) -2.255 Feb 2024 monthly Jan 2009 - Feb 2024
    BoP: Net Errors & Omissions (USD mn) -51.244 Feb 2024 monthly Jan 2009 - Feb 2024
    BoP: FA: Other Investment (OI) (USD mn) -77.698 Feb 2024 monthly Jan 2009 - Feb 2024
    BoP: FA: Financial Derivatives: Liabilities (USD mn) -0.026 Feb 2024 monthly Jan 2009 - Feb 2024
    BoP: FA: OI: Liabilities (USD mn) -2.388 Feb 2024 monthly Jan 2009 - Feb 2024
    BoP: FA: Direct Investment: Asset (USD mn) 3.286 Feb 2024 monthly Jan 2009 - Feb 2024
    BoP: Reserves: Assets (USD mn) 125.115 Feb 2024 monthly Jan 2009 - Feb 2024
    BoP: CA: Goods & Services: Goods (USD mn) 142.799 Feb 2024 monthly Jan 2009 - Feb 2024
    BoP: Capital Account (USD mn) 10.392 Feb 2024 monthly Jan 2009 - Feb 2024
    Monetary Last Frequency Range
    Non Performing Loans Ratio (%) 7.3 Feb 2024 monthly Dec 1996 - Feb 2024
    Household Debt: % of GDP (%) 22.3 Dec 2023 quarterly Mar 2004 - Dec 2023
    Non-Performing Loans (USD mn) 604.265 Feb 2024 monthly Dec 1996 - Feb 2024
    Money Supply M1 (USD mn) 2,800.237 Feb 2024 monthly Dec 1996 - Feb 2024
    Money Supply M2 (USD mn) 11,119.003 Feb 2024 monthly Dec 1996 - Feb 2024
    M2 Growth (%) 24.3 Feb 2024 monthly Dec 1997 - Feb 2024
    Reserve Requirement Ratio (%) 8.0 Mar 2024 monthly Jan 2005 - Mar 2024
    Foreign Exchange Reserves (USD mn) 4,293.4 Feb 2024 monthly Dec 1992 - Feb 2024
    Foreign Exchange Reserves: % of GDP (%) 21.476 Dec 2023 quarterly Dec 2010 - Dec 2023
    Foreign Exchange Reserves: Months of Import (NA) 6.5 Feb 2024 monthly Jan 1997 - Feb 2024
    Gold Reserves (USD mn) 569.051 Feb 2024 monthly Dec 1980 - Feb 2024
    Total Deposits (USD mn) 6,653.085 Feb 2024 monthly Jan 2000 - Feb 2024
    Total Deposits Growth (%) 20.3 Feb 2024 monthly Jan 2001 - Feb 2024
    Domestic Credit (USD mn) 8,409.9 Feb 2024 monthly Dec 1992 - Feb 2024
    Domestic Credit Growth (%) 12.1 Feb 2024 monthly Dec 1993 - Feb 2024
    Household Debt (USD mn) 4,834.2 Feb 2024 monthly Jan 2004 - Feb 2024
    Total Loans (USD mn) 8,292.988 Feb 2024 monthly Dec 1996 - Feb 2024
    Total Loans Growth (%) 23.91 Feb 2024 monthly Dec 1997 - Feb 2024
    Private Debt: % of Nominal GDP (%) 38.96 Dec 2023 quarterly Dec 2010 - Dec 2023
    Money Supply: M2: M1 (MNT mn) 9,470,094.647 Feb 2024 monthly Dec 1990 - Feb 2024
    International Reserves: Gross (USD mn) 5,249.820 Mar 2024 monthly Jan 2006 - Mar 2024
    Loans: Outstanding Amounts: Non Performing Loans (MNT mn) 2,043,556.267 Feb 2024 monthly Dec 1996 - Feb 2024

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