Mongolia Gross Savings Rate
Mongolia Gross Savings Rate was measured at 32.9 % in Sep 2020, compared with 30.7 % in the previous quarter. Mongolia Gross Savings Rate is updated quarterly, available from Mar 2005 to Sep 2020, with an average rate of 33.7 %. The data reached an all-time high of 55.2 % in Jun 2007 and a record low of -4.7 % in Mar 2009. CEIC calculates Gross Domestic Savings Rate from quarterly Gross Domestic Savings and quarterly Nominal GDP. Gross Domestic Savings are calculated as Nominal GDP less Final Consumption Expenditure. The National Statistics Office of Mongolia provides Final Consumption Expenditure in local currency and Nominal GDP in local currency, based on SNA 2008. Gross Domestic Savings Rate prior to Q1 2010 is based on SNA 1993.
In the latest reports, Mongolia GDP contracted 3.1 % YoY in Sep 2020. Mongolia Nominal GDP reached 3.4 USD bn in Sep 2020. Its GDP deflator (implicit price deflator) increased 2.8 % in Sep 2020. Mongolia GDP Per Capita reached 4,245.4 USD in Dec 2019.
View Mongolia's Gross Savings Rate from Mar 2005 to Sep 2020 in the chart:
What was Mongolia's Gross Savings Rate in Sep 2020?
|32.9 Sep 2020||30.7 Jun 2020||-4.7 Mar 2009||55.2 Jun 2007||%||quarterly||Mar 2005 - Sep 2020|
Gross Savings Rate by Country Comparison
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|Albania (%)||8.8 Sep 2020||quarterly||Mar 2008 - Sep 2020|
|Algeria (%)||37.6 2016||yearly||2000 - 2016|
|Argentina (%)||22.8 Sep 2020||quarterly||Mar 2004 - Sep 2020|
|Armenia (%)||10.3 Sep 2020||quarterly||Dec 1994 - Sep 2020|
|Australia (%)||25.4 Sep 2020||quarterly||Sep 1959 - Sep 2020|
|Austria (%)||27.3 Sep 2020||quarterly||Mar 1995 - Sep 2020|
|Azerbaijan (%)||27.6 Mar 2020||quarterly||Mar 2001 - Mar 2020|
|Bahrain (%)||31.6 2018||yearly||1989 - 2018|
|Bangladesh (%)||30.1 2020||yearly||2006 - 2020|
|Belarus (%)||35.3 Sep 2020||quarterly||Mar 1992 - Sep 2020|
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Mongolia Key Series
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|Government and Public Finance||Last||Frequency||Range|
|Consolidated Fiscal Balance: % of GDP (%)||-10.6 Sep 2020||quarterly||Dec 2000 - Sep 2020|
|Consolidated Fiscal Balance (USD mn)||-182.129 Oct 2020||monthly||Jan 2000 - Oct 2020|
|Tax Revenue (USD mn)||273.522 Dec 2020||monthly||Jan 2000 - Dec 2020|
|Tax Revenue: % of GDP (%)||19.8 Sep 2020||quarterly||Mar 2000 - Sep 2020|
|Forecast: Government Expenditure (MNT bn)||23,933.774 2025||yearly||1981 - 2025|
|Forecast: Government Net Debt (MNT bn)||0.000||yearly||-|
|Forecast: Government Revenue (MNT bn)||21,668.052 2025||yearly||1981 - 2025|
|General Government Balance: ytd (MNT mn)||-4,539,200.000 Dec 2020||monthly||Dec 1999 - Dec 2020|
|General Government Revenue & Grants: ytd: Tax: Value Added Tax (MNT mn)||2,036,484.561 Nov 2020||monthly||Dec 1999 - Nov 2020|
|General Government Revenue & Grants: ytd: Tax: Excises (MNT mn)||708,659.294 Nov 2020||monthly||Dec 1999 - Nov 2020|
|General Government Expenditure & NL: ytd: Expenditure (MNT mn)||11,918,595.953 Nov 2020||monthly||Dec 1999 - Nov 2020|
|General Government Expenditure & NL: ytd: Expenditure: Current (MNT mn)||9,556,219.896 Nov 2020||monthly||Dec 1999 - Nov 2020|
|General Government Expenditure & NL: ytd: Expenditure: Capital (MNT mn)||2,362,376.057 Nov 2020||monthly||Dec 1999 - Nov 2020|
|General Government Expenditure & NL: ytd: Net Lending (MNT mn)||37,600.000 Dec 2020||monthly||Dec 1999 - Dec 2020|
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