Mongolia Consolidated Fiscal Balance: % of GDP

2000 - 2023 | Quarterly | % | CEIC Data

Key information about Mongolia Consolidated Fiscal Balance: % of GDP

  • Mongolia Consolidated Fiscal Balance registered a surplus equal to 1.1 % of its Nominal GDP in Dec 2023, compared with a surplus equal to 3.2 % in the previous quarter
  • Mongolia Consolidated Fiscal Balance to GDP data is updated quarterly, available from Dec 2000 to Dec 2023, with an average ratio of -3.9 %
  • The data reached an all-time high of 16.1 % in Jun 2006 and a record low of -15.3 % in Dec 2016
CEIC calculates quarterly Consolidated Fiscal Balance as % of Nominal GDP from monthly Consolidated Fiscal Balance and quarterly Nominal GDP. The Ministry of Finance Mongolia provides year-to-date Consolidated Fiscal Balance in local currency. The National Statistics Office of Mongolia provides Nominal GDP in local currency. Nominal GDP prior to Q4 2010 is based on SNA 1993

View Mongolia's Consolidated Fiscal Balance: % of GDP from Dec 2000 to Dec 2023 in the chart:

Mongolia Consolidated Fiscal Balance: % of GDP

What was Mongolia's Consolidated Fiscal Balance: % of GDP in Dec 2023?

Mongolia Consolidated Fiscal Balance registered a surplus equal to 1.1 % of its Nominal GDP in Dec 2023, compared with a surplus equal to 3.2 % in the previous quarter See the table below for more data.

Last Previous Min Max Unit Frequency Range
1.1 Dec 2023 3.2 Sep 2023 -15.3 Dec 2016 16.1 Jun 2006 % quarterly Dec 2000 - Dec 2023

Consolidated Fiscal Balance: % of GDP by Country Comparison

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Includes Consolidated Fiscal Balance: % of GDP on 115 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) -3.7 2022 yearly 1997 - 2022
Algeria (%) -3.4 2022 yearly 1994 - 2022
Argentina (%) -4.4 Dec 2023 quarterly Dec 2004 - Dec 2023
Armenia (%) -1.9 Dec 2023 quarterly Dec 2002 - Dec 2023
Australia (%) -1.1 Dec 2023 quarterly Jun 2003 - Dec 2023
Austria (%) -2.7 Dec 2023 quarterly Dec 2001 - Dec 2023
Azerbaijan (%) 0.4 Jun 2021 monthly Dec 2004 - Jun 2021
Bahrain (%) -7.0 2021 yearly 1998 - 2021
Bangladesh (%) -5.1 2023 yearly 2006 - 2023
Belarus (%) -0.4 Sep 2021 quarterly Sep 2006 - Sep 2021
Belgium (%) -3.9 2022 yearly 1970 - 2022
Bolivia (%) -5.8 2022 yearly 1990 - 2022
Bosnia and Herzegovina (%) 3.9 Sep 2023 quarterly Dec 2008 - Sep 2023
Botswana (%) 2.5 Jun 2023 quarterly Mar 2004 - Jun 2023
Brazil (%) -7.1 Dec 2023 quarterly Dec 1997 - Dec 2023
Brunei (%) 1.3 2022 yearly 2010 - 2022
Bulgaria (%) -3.1 Dec 2023 quarterly Sep 2003 - Dec 2023
Cambodia (%) -0.2 2022 yearly 2007 - 2022
Canada (%) -2.1 Dec 2023 quarterly Jun 1993 - Dec 2023
Chile (%) -2.3 2023 yearly 1990 - 2023
China (%) -4.6 Dec 2023 quarterly Dec 1995 - Dec 2023
Colombia (%) 0.2 Sep 2023 quarterly Dec 2000 - Sep 2023
Croatia (%) -2.6 2021 yearly 2002 - 2021
Cyprus (%) 3.2 Sep 2023 quarterly Dec 1995 - Sep 2023
Czech Republic (%) -3.3 Dec 2023 quarterly Dec 1999 - Dec 2023
Denmark (%) 3.1 Dec 2023 quarterly Dec 1999 - Dec 2023
Ecuador (%) -3.6 Dec 2023 quarterly Dec 2000 - Dec 2023
Estonia (%) -3.4 Dec 2023 quarterly Dec 1999 - Dec 2023
European Union (%) -3.3 2022 yearly 1995 - 2022
Finland (%) -2.5 Dec 2023 quarterly Dec 1999 - Dec 2023
France (%) -5.1 Sep 2023 quarterly Dec 1949 - Sep 2023
Georgia (%) -2.4 Dec 2023 quarterly Dec 2006 - Dec 2023
Germany (%) -2.1 Dec 2023 quarterly Dec 1991 - Dec 2023
Ghana (%) -4.6 Jun 2023 quarterly Dec 2008 - Jun 2023
Greece (%) -1.3 Dec 2018 monthly Apr 1999 - Dec 2018
Hong Kong SAR, China (%) -6.5 Dec 2023 quarterly Sep 1999 - Dec 2023
Hungary (%) -6.7 Dec 2023 quarterly Dec 1999 - Dec 2023
Iceland (%) 0.6 Dec 2023 quarterly Mar 2002 - Dec 2023
India (%) -6.0 Dec 2023 quarterly Mar 2005 - Dec 2023
Indonesia (%) -1.7 Dec 2023 quarterly Dec 2014 - Dec 2023
Iran (%) -4.3 Mar 2021 quarterly Mar 2006 - Mar 2021
Ireland (%) 1.9 Sep 2023 quarterly Dec 2000 - Sep 2023
Israel (%) -4.1 Dec 2023 quarterly Dec 1999 - Dec 2023
Italy (%) -7.2 Dec 2023 quarterly Dec 1999 - Dec 2023
Ivory Coast (%) -5.3 2023 yearly 1960 - 2023
Japan (%) -6.2 2024 yearly 1996 - 2024
Jordan (%) 1.0 2018 yearly 1999 - 2018
Kazakhstan (%) -0.5 Dec 2023 quarterly Dec 2008 - Dec 2023
Kenya (%) -2.1 Mar 2023 quarterly Dec 2009 - Mar 2023
South Korea (%) -1.6 Dec 2023 quarterly Jun 2000 - Dec 2023
Kosovo (%) 0.2 Sep 2023 quarterly Dec 2010 - Sep 2023
Kuwait (%) 11.7 2022 yearly 1988 - 2022
Kyrgyzstan (%) 1.0 Dec 2023 monthly Jan 2007 - Dec 2023
Laos (%) -0.3 2022 yearly 2012 - 2022
Latvia (%) -3.0 Jun 2023 quarterly Dec 1999 - Jun 2023
Lebanon (%) -4.3 2020 yearly 1992 - 2020
Lithuania (%) -0.8 Dec 2023 quarterly Dec 1999 - Dec 2023
Luxembourg (%) -0.3 2022 yearly 1995 - 2022
Macau SAR, China (%) -5.1 Sep 2023 quarterly Dec 2003 - Sep 2023
North Macedonia (%) -4.5 2022 yearly 1993 - 2022
Malawi (%) -0.4 Jun 2023 monthly Apr 2005 - Jun 2023
Malaysia (%) -6.7 2022 yearly 1970 - 2022
Malta (%) -3.4 Sep 2023 quarterly Dec 2000 - Sep 2023
Mauritius (%) -5.4 Sep 2023 quarterly Dec 2010 - Sep 2023
Mexico (%) -3.3 Dec 2023 quarterly Dec 1980 - Dec 2023
Moldova (%) -5.2 2023 yearly 1998 - 2023
Mongolia (%) 1.1 Dec 2023 quarterly Dec 2000 - Dec 2023
Montenegro (%) 0.2 Dec 2023 quarterly Dec 2012 - Dec 2023
Morocco (%) -11.8 2022 yearly 1980 - 2022
Mozambique (%) -2.7 2016 yearly 1996 - 2016
Myanmar (%) -7.6 2021 yearly 1986 - 2021
Nepal (%) -10.0 2018 yearly 2012 - 2018
Netherlands (%) -0.1 Mar 2023 quarterly Dec 1999 - Mar 2023
New Zealand (%) -0.6 Dec 2023 quarterly Dec 1999 - Dec 2023
Nigeria (%) -4.8 Sep 2023 quarterly Dec 2010 - Sep 2023
Norway (%) 16.3 Dec 2023 quarterly Dec 2002 - Dec 2023
Oman (%) 2.2 Sep 2023 quarterly Dec 2005 - Sep 2023
Pakistan (%) -7.9 2022 yearly 2000 - 2022
Palestinian Territory (%) -4.0 2020 yearly 2010 - 2020
Panama (%) -3.0 2023 yearly 2003 - 2023
Paraguay (%) -1.5 Dec 2023 quarterly Dec 2003 - Dec 2023
Peru (%) -2.8 Dec 2023 quarterly Dec 1990 - Dec 2023
Philippines (%) -6.2 Dec 2023 quarterly Dec 1985 - Dec 2023
Poland (%) 5.1 2023 yearly 1995 - 2023
Portugal (%) 1.2 Dec 2023 quarterly Sep 1999 - Dec 2023
Qatar (%) 5.5 Jun 2023 quarterly Mar 2011 - Jun 2023
Romania (%) -5.6 Dec 2023 quarterly Dec 2004 - Dec 2023
Russia (%) -2.3 Dec 2023 quarterly Dec 1993 - Dec 2023
Saudi Arabia (%) 2.5 2022 yearly 1969 - 2022
Serbia (%) -2.2 Dec 2023 quarterly Dec 2005 - Dec 2023
Singapore (%) 1.5 Dec 2023 quarterly Mar 2012 - Dec 2023
Slovakia (%) -6.2 2020 yearly 1995 - 2020
Slovenia (%) -3.6 Dec 2023 quarterly Dec 2000 - Dec 2023
South Africa (%) -6.0 Dec 2023 quarterly Dec 1990 - Dec 2023
Spain (%) -3.6 Dec 2023 quarterly Dec 1995 - Dec 2023
Sri Lanka (%) -10.5 Sep 2023 quarterly Dec 2014 - Sep 2023
Sudan (%) -0.6 2021 yearly 2001 - 2021
Sweden (%) 0.7 2022 yearly 1995 - 2022
Switzerland (%) 0.5 2023 yearly 1990 - 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 Expenditure & NL: ytd: Expenditure: Capital (MNT mn) 646,268.369 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: Value Added Tax (MNT mn) 859,511.784 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 Revenue & Grants: ytd: Tax: Excises (MNT mn) 200,874.250 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
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: Mineral Products (USD th) 192,085.521 Feb 2024 monthly Dec 1999 - Feb 2024
Imports: Auto, Air and Water Transport Vehicles and Their Spare Parts (USD th) 122,056.008 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: Machinery, Equipment, Electric Appliances, Recorders, TV Sets and Spare... (USD th) 132,229.588 Feb 2024 monthly Dec 1999 - Feb 2024
Imports: Food Products (USD th) 49,016.319 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
Imports: America: ow USA (USD th) 22,149.732 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: Asia: North Eastern: ow Republic of Korea (USD th) 29,531.059 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
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: Goods & Services: Goods (USD mn) 142.799 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: CA: Goods & Services: Services (USD mn) -270.867 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: CA: Primary Income (USD mn) -148.900 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: Financial Account (FA) (USD mn) -310.619 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: FA: Direct Investment: Asset (USD mn) 3.286 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: FA: Portfolio Investment (USD mn) 33.165 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: Capital Account (USD mn) 10.392 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: Liabilities (USD mn) -5.469 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: Financial Derivatives (USD mn) -2.255 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: FA: OI: Liabilities (USD mn) -2.388 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: Other Investment (OI) (USD mn) -77.698 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: FA: OI: Asset (USD mn) -80.085 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: Reserves: Assets (USD mn) 125.115 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: Net Errors & Omissions (USD mn) -51.244 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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