Mongolia Household Debt: % of GDP

Key information about Mongolia Household Debt: % of GDP

• Mongolia household debt accounted for 22.3 % of the country's Nominal GDP in Dec 2023, compared with the ratio of 22.7 % in the previous quarter.
• Mongolia household debt to GDP ratio is updated quarterly, available from Mar 2004 to Dec 2023.
• The data reached an all-time high of 27.4 % in Dec 2018 and a record low of 8.4 % in Mar 2004.

• In the latest reports, Mongolia Household Debt reached 4.7 USD bn in Jan 2024.
• Money Supply M2 in Mongolia increased 26.1 % YoY in Jan 2024.
• Mongolia Foreign Exchange Reserves was measured at 4.3 USD bn in Dec 2023.
• The Foreign Exchange Reserves equaled 4.9 Months of Import in Dec 2023.
• Mongolia Domestic Credit reached 8.5 USD bn in Jan 2024, representing an increased of 16.9 % YoY.
• The country's Non Performing Loans Ratio stood at 7.4 % in Jan 2024, compared with the ratio of 7.4 % in the previous month.

View Mongolia's Household Debt: % of GDP from Mar 2004 to Dec 2023 in the chart:

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What was Mongolia's Household Debt: % of GDP in Dec 2023?

Mongolia household debt accounted for 22.3 % of the country's Nominal GDP in Dec 2023, compared with the ratio of 22.7 % in the previous quarter. See the table below for more data.

Household Debt: % of GDP by Country Comparison

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