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

    country/region Last Frequency Range
    Albania (%) 52.6 Sep 2024 quarterly Sep 2010 - Sep 2024
    Algeria (%) 48.9 2023 yearly 1997 - 2023
    Argentina (%) 80.3 Mar 2023 quarterly Dec 2004 - Mar 2023
    Armenia (%) 50.3 Dec 2024 quarterly Dec 2013 - Dec 2024
    Australia (%) 38.0 2023 yearly 1999 - 2023
    Austria (%) 83.2 Sep 2024 quarterly Mar 2000 - Sep 2024
    Azerbaijan (%) 16.8 2021 yearly 2008 - 2021
    Bahrain (%) 90.7 Sep 2024 quarterly Dec 2007 - Sep 2024
    Bangladesh (%) 26.6 2024 yearly 2010 - 2024
    Belarus (%) 35.9 Mar 2022 quarterly Dec 2003 - Mar 2022
    Belgium (%) 106.5 Mar 2024 quarterly Dec 1980 - Mar 2024
    Bolivia (%) 27.2 2014 yearly 1998 - 2014
    Bosnia and Herzegovina (%) 19.1 2023 yearly 2007 - 2023
    Botswana (%) 17.3 Jun 2023 quarterly Jun 2014 - Jun 2023
    Brazil (%) 76.1 Dec 2024 quarterly Dec 2006 - Dec 2024
    Bulgaria (%) 22.1 Jun 2024 quarterly Mar 2007 - Jun 2024
    Cambodia (%) 25.3 2022 yearly 2013 - 2022
    Canada (%) 69.4 2024 yearly 1962 - 2024
    Chile (%) 44.0 Sep 2024 quarterly Mar 2002 - Sep 2024
    China (%) 25.1 Sep 2024 quarterly Mar 2014 - Sep 2024
    Colombia (%) 61.8 Jun 2024 quarterly Dec 2005 - Jun 2024
    Croatia (%) 59.7 Sep 2024 quarterly Dec 1995 - Sep 2024
    Cyprus (%) 69.7 Sep 2024 quarterly Dec 2010 - Sep 2024
    Czech Republic (%) 43.6 Sep 2024 quarterly Mar 2000 - Sep 2024
    Denmark (%) 33.6 Sep 2024 quarterly Mar 2000 - Sep 2024
    Ecuador (%) 67.4 Sep 2024 quarterly Dec 2005 - Sep 2024
    Egypt (%) 68.6 Jun 2020 quarterly Jun 2006 - Jun 2020
    Estonia (%) 24.0 Sep 2024 quarterly Mar 2000 - Sep 2024
    European Union (%) 81.6 Sep 2024 quarterly Mar 2000 - Sep 2024
    Finland (%) 81.5 Sep 2024 quarterly Mar 2000 - Sep 2024
    France (%) 110.6 Dec 2023 quarterly Dec 1995 - Dec 2023
    Georgia (%) 37.2 Sep 2024 quarterly Mar 2006 - Sep 2024
    Germany (%) 62.4 Sep 2024 quarterly Mar 2000 - Sep 2024
    Ghana (%) 72.3 2023 yearly 2006 - 2023
    Greece (%) 158.2 Sep 2024 quarterly Dec 1999 - Sep 2024
    Hong Kong SAR, China (%) 49.1 2024 yearly 2003 - 2024
    Hungary (%) 73.6 Dec 2024 quarterly Dec 1990 - Dec 2024
    Iceland (%) 64.2 2023 yearly 1998 - 2023
    India (%) 58.3 Sep 2024 quarterly Mar 2012 - Sep 2024
    Indonesia (%) 38.9 Sep 2024 quarterly Jun 2015 - Sep 2024
    Iran (%) 7.5 Dec 2023 quarterly Mar 1998 - Dec 2023
    Ireland (%) 42.2 Sep 2024 quarterly Mar 2000 - Sep 2024
    Israel (%) 60.3 2023 yearly 1995 - 2023
    Italy (%) 138.3 Sep 2024 quarterly Dec 1995 - Sep 2024
    Ivory Coast (%) 8.6 2015 yearly 1975 - 2015
    Japan (%) 216.3 Dec 2024 quarterly Dec 1994 - Dec 2024
    Jordan (%) 91.2 Sep 2024 quarterly Mar 2002 - Sep 2024
    Kazakhstan (%) 21.7 Dec 2023 quarterly Mar 2005 - Dec 2023
    Kenya (%) 67.6 Sep 2024 quarterly Dec 2009 - Sep 2024
    South Korea (%) 45.7 Sep 2024 quarterly Sep 2002 - Sep 2024
    Kosovo (%) 19.9 2022 yearly 2009 - 2022
    Kuwait (%) 0.3 Jun 2024 quarterly Dec 2010 - Jun 2024
    Kyrgyzstan (%) 40.5 Sep 2024 quarterly Mar 2011 - Sep 2024
    Latvia (%) 46.4 Jun 2024 quarterly Mar 2000 - Jun 2024
    Lebanon (%) 150.6 2020 yearly 1998 - 2020
    Lithuania (%) 38.4 Sep 2024 quarterly Mar 2000 - Sep 2024
    Luxembourg (%) 26.6 Sep 2024 quarterly Dec 1997 - Sep 2024
    North Macedonia (%) 50.4 Sep 2024 quarterly Dec 2009 - Sep 2024
    Malawi (%) 66.0 2014 yearly 2010 - 2014
    Malaysia (%) 64.6 Dec 2024 quarterly Dec 2010 - Dec 2024
    Malta (%) 45.3 Sep 2024 quarterly Mar 2000 - Sep 2024
    Mauritius (%) 77.0 Dec 2024 quarterly Jun 2003 - Dec 2024
    Mexico (%) 47.7 Sep 2024 quarterly Dec 2005 - Sep 2024
    Moldova (%) 34.7 Sep 2024 quarterly Mar 2007 - Sep 2024
    Mongolia (%) 59.4 Dec 2021 quarterly Dec 2017 - Dec 2021
    Montenegro (%) 59.8 Sep 2024 quarterly Dec 2010 - Sep 2024
    Morocco (%) 71.5 2022 yearly 1994 - 2022
    Nepal (%) 39.9 2021 yearly 1990 - 2021
    Netherlands (%) 43.2 Jun 2024 quarterly Dec 1999 - Jun 2024
    New Zealand (%) 44.3 Sep 2024 quarterly Dec 2006 - Sep 2024
    Nigeria (%) 53.8 Sep 2024 quarterly Dec 2010 - Sep 2024
    Norway (%) 44.5 2023 yearly 1995 - 2023
    Oman (%) 37.5 2023 yearly 1990 - 2023
    Pakistan (%) 65.2 2024 yearly 2000 - 2024
    Palestinian Territory (%) 116.8 Sep 2024 quarterly Dec 2010 - Sep 2024
    Panama (%) 61.6 Sep 2024 quarterly Dec 2007 - Sep 2024
    Paraguay (%) 36.6 Sep 2024 quarterly Dec 2014 - Sep 2024
    Peru (%) 32.7 Dec 2024 quarterly Mar 1999 - Dec 2024
    Philippines (%) 60.7 Dec 2024 quarterly Mar 1993 - Dec 2024
    Poland (%) 53.5 Sep 2024 quarterly Dec 2002 - Sep 2024
    Portugal (%) 95.3 Dec 2024 quarterly Dec 1995 - Dec 2024
    Qatar (%) 15.0 2012 yearly 2006 - 2012
    Romania (%) 53.1 Sep 2024 quarterly Dec 2011 - Sep 2024
    Russia (%) 14.6 Mar 2024 quarterly Dec 2011 - Mar 2024
    Saudi Arabia (%) 28.5 Sep 2024 quarterly Dec 2016 - Sep 2024
    Serbia (%) 47.4 Sep 2024 quarterly Sep 2004 - Sep 2024
    Singapore (%) 173.1 Dec 2024 quarterly Mar 1990 - Dec 2024
    Slovakia (%) 60.5 Mar 2024 quarterly Mar 2000 - Mar 2024
    Slovenia (%) 66.7 Sep 2024 quarterly Dec 1999 - Sep 2024
    South Africa (%) 75.1 Sep 2024 quarterly Dec 1960 - Sep 2024
    Spain (%) 104.3 Sep 2024 quarterly Mar 1995 - Sep 2024
    Sri Lanka (%) 96.9 Sep 2024 quarterly Mar 2014 - Sep 2024
    Sweden (%) 32.0 Jun 2024 quarterly Mar 1996 - Jun 2024
    Switzerland (%) 23.3 2028 yearly 1990 - 2028
    Taiwan (%) 29.0 2023 yearly 1996 - 2023
    Tajikistan (%) 36.3 2021 yearly 1999 - 2021
    Thailand (%) 56.6 Dec 2024 quarterly Dec 1997 - Dec 2024
    Tunisia (%) 79.8 2024 yearly 2016 - 2024
    Turkey (%) 25.6 Sep 2024 quarterly Dec 2001 - Sep 2024
    Ukraine (%) 79.4 Dec 2023 quarterly Dec 2010 - Dec 2023

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    Mongolia Key Series

    Government and Public Finance Last Frequency Range
    Consolidated Fiscal Balance: % of GDP (%) -1.0 Dec 2024 quarterly Dec 2000 - Dec 2024
    Consolidated Fiscal Balance (USD mn) -143.592 Jan 2025 monthly Jan 2000 - Jan 2025
    Tax Revenue (USD mn) 721.583 Dec 2024 monthly Jan 2000 - Dec 2024
    Tax Revenue: % of GDP (%) 24.3 Dec 2024 quarterly Mar 2000 - Dec 2024
    Government Debt: % of GDP (%) 59.4 Dec 2021 quarterly Dec 2017 - Dec 2021
    Forecast: Government Expenditure (MNT bn) 56,654.300 2029 yearly 1981 - 2029
    Forecast: Government Net Debt (MNT bn) 73,520.949 2029 yearly 2006 - 2029
    Forecast: Government Revenue (MNT bn) 53,969.915 2029 yearly 1981 - 2029
    General Government Expenditure & NL: ytd: Expenditure: Capital (MNT mn) 7,924,167.600 Dec 2024 monthly Dec 1999 - Dec 2024
    General Government Expenditure & NL: ytd: Net Lending (MNT mn) 6,007.785 Jan 2025 monthly Dec 1999 - Jan 2025
    General Government Revenue & Grants: ytd: Tax: Value Added Tax (MNT mn) 296,288.913 Jan 2025 monthly Dec 1999 - Jan 2025
    General Government Balance: ytd (MNT mn) -492,703.800 Jan 2025 monthly Dec 1999 - Jan 2025
    General Government Expenditure & NL: ytd: Expenditure: Current (MNT mn) 22,066,910.300 Dec 2024 monthly Dec 1999 - Dec 2024
    General Government Expenditure & NL: ytd: Expenditure (MNT mn) 2,154,886.548 Jan 2025 monthly Dec 1999 - Jan 2025
    General Government Revenue & Grants: ytd: Tax: Excises (MNT mn) 113,203.269 Jan 2025 monthly Dec 1999 - Jan 2025
    Foreign Trade Last Frequency Range
    Forecast: Exports of Goods Growth (%) 1.185 2028 yearly 1981 - 2028
    Trade Balance (USD mn) 159.3 Dec 2024 monthly Jan 1997 - Dec 2024
    Total Exports (USD mn) 1,184.4 Dec 2024 monthly Jan 1997 - Dec 2024
    Total Exports Growth (%) 48.0 Apr 2023 monthly Jan 1998 - Apr 2023
    Aluminum: Exports (USD th) 14,124.169 2023 yearly 1995 - 2023
    Exports: Medicament (USD th) 104.261 2023 yearly 1995 - 2023
    Exports: Medicinal and Pharmaceutical Product (USD th) 4,949.388 2023 yearly 1995 - 2023
    Total Imports (USD mn) 1,025.1 Dec 2024 monthly Jan 1997 - Dec 2024
    Total Imports Growth (%) 17.2 Dec 2024 monthly Jan 1998 - Dec 2024
    Imports: Medicament (USD th) 149,447.781 2023 yearly 1995 - 2023
    Imports: Medicinal and Pharmaceutical Product (USD th) 98,630.694 2023 yearly 1995 - 2023
    Total Exports to USA (USD mn) 1.239 Dec 2024 monthly Dec 1999 - Dec 2024
    Total Imports from USA (USD mn) 58.878 Dec 2024 monthly Dec 1999 - Dec 2024
    Total Exports to China (USD mn) 1,094.322 Dec 2024 monthly Dec 1999 - Dec 2024
    Total Imports from China (USD mn) 383.672 Dec 2024 monthly Dec 1999 - Dec 2024
    Exports: Textiles and Textile Articles (USD th) 15,103.405 Dec 2024 monthly Dec 1999 - Dec 2024
    Exports: Mineral Products (USD th) 1,044,784.075 Dec 2024 monthly Dec 1999 - Dec 2024
    Exports: Live Animals and Products of Animal Origin (USD th) 17,462.446 Dec 2024 monthly Dec 1999 - Dec 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) 959.147 Dec 2024 monthly Dec 1999 - Dec 2024
    Exports: Asia: North Eastern: ow China (USD th) 1,094,610.483 Dec 2024 monthly Dec 1999 - Dec 2024
    Exports: America: USA (USD th) 486.100 Dec 2018 monthly Dec 1999 - Dec 2018
    Imports: Mineral Products (USD th) 240,801.861 Dec 2024 monthly Dec 1999 - Dec 2024
    Imports: Auto, Air and Water Transport Vehicles and Their Spare Parts (USD th) 170,345.118 Dec 2024 monthly Dec 1999 - Dec 2024
    Imports: Machinery, Equipment, Electric Appliances, Recorders, TV Sets and Spare... (USD th) 265,316.173 Dec 2024 monthly Dec 1999 - Dec 2024
    Imports: Food Products (USD th) 79,897.146 Dec 2024 monthly Dec 1999 - Dec 2024
    Imports: Base Metals and Articles Thereof (USD th) 55,298.623 Dec 2024 monthly Dec 1999 - Dec 2024
    Imports: America: ow USA (USD th) 58,878.256 Dec 2024 monthly Dec 1999 - Dec 2024
    Imports: Asia: North Eastern: ow China (USD th) 385,098.646 Dec 2024 monthly Dec 1999 - Dec 2024
    Imports: Europe: Others: ow Russian Federation (USD th) 279,688.820 Dec 2024 monthly Dec 1999 - Dec 2024
    Imports: Asia: North Eastern: ow Republic of Korea (USD th) 39,562.233 Dec 2024 monthly Dec 1999 - Dec 2024
    Imports: Asia: North Eastern: ow Japan (USD th) 73,689.099 Dec 2024 monthly Dec 1999 - Dec 2024
    Export Value Index (2015=100) 198.040 2021 yearly 1980 - 2021
    Export Volume Index (2015=100) 109.807 2021 yearly 2000 - 2021
    Import Volume Index (2015=100) 147.693 2021 yearly 2000 - 2021
    Import Value Index (2015=100) 180.345 2021 yearly 1980 - 2021
    Balance of Payments Last Frequency Range
    Direct Investment Abroad (USD mn) 8.6 Dec 2024 monthly Jan 2009 - Dec 2024
    Current Account Balance (USD mn) -759.9 Dec 2024 monthly Jan 2009 - Dec 2024
    Current Account Balance: % of GDP (%) -11.3 Dec 2024 quarterly Mar 2000 - Dec 2024
    Foreign Direct Investment (USD mn) 504.0 Dec 2024 monthly Jan 2009 - Dec 2024
    Foreign Direct Investment: % of GDP (%) 8.6 Dec 2024 quarterly Mar 2000 - Dec 2024
    Foreign Portfolio Investment (USD mn) 857.589 Dec 2024 quarterly Mar 1998 - Dec 2024
    Foreign Portfolio Investment: % of GDP (%) 12.1 Dec 2024 quarterly Mar 2000 - Dec 2024
    Foreign Portfolio Investment: Equity Securities (USD mn) -3.1 Dec 2024 quarterly Mar 1998 - Dec 2024
    Foreign Portfolio Investment: Debt Securities (USD mn) 860.696 Dec 2024 quarterly Mar 1998 - Dec 2024
    External Debt (USD mn) 34,867.3 Jun 2024 quarterly Mar 2000 - Jun 2024
    External Debt: % of GDP (%) 170.1 2023 yearly 1992 - 2023
    External Debt: Short Term (USD mn) 1,888.9 Jun 2024 quarterly Mar 2000 - Jun 2024
    External Debt: Short Term: % of GDP (%) 9.3 2023 yearly 1992 - 2023
    Forecast: Current Account Balance (USD bn) -3.388 2029 yearly 1991 - 2029
    Net International Investment Position (USD mn) -43,390.758 Dec 2024 quarterly Dec 2010 - Dec 2024
    Balance of Payments (BoP): Current Account (CA) (USD mn) -759.943 Dec 2024 monthly Jan 2009 - Dec 2024
    BoP: CA: Goods & Services: Goods (USD mn) 16.388 Dec 2024 monthly Jan 2009 - Dec 2024
    BoP: CA: Primary Income (USD mn) -234.379 Dec 2024 monthly Jan 2009 - Dec 2024
    BoP: CA: Goods & Services: Services (USD mn) -540.009 Dec 2024 monthly Jan 2009 - Dec 2024
    BoP: CA: Secondary Income (USD mn) -1.943 Dec 2024 monthly Jan 2009 - Dec 2024
    BoP: Financial Account (FA) (USD mn) -1,305.345 Dec 2024 monthly Jan 2009 - Dec 2024
    BoP: FA: Direct Investment: Asset (USD mn) 8.627 Dec 2024 monthly Jan 2009 - Dec 2024
    BoP: FA: Direct Investment (USD mn) -495.353 Dec 2024 monthly Jan 2009 - Dec 2024
    BoP: FA: Direct Investment: Liabilities (USD mn) 503.980 Dec 2024 monthly Jan 2009 - Dec 2024
    BoP: FA: Portfolio Investment (USD mn) -393.403 Dec 2024 monthly Jan 2009 - Dec 2024
    BoP: FA: Portfolio Investment: Liabilities (USD mn) 382.944 Dec 2024 monthly Jan 2009 - Dec 2024
    BoP: Capital Account (USD mn) 28.568 Dec 2024 monthly Jan 2009 - Dec 2024
    BoP: FA: Portfolio Investment: Asset (USD mn) -10.459 Dec 2024 monthly Jan 2009 - Dec 2024
    BoP: FA: Financial Derivatives: Liabilities (USD mn) 2.024 Dec 2024 monthly Jan 2009 - Dec 2024
    BoP: FA: Other Investment (OI) (USD mn) -418.743 Dec 2024 monthly Jan 2009 - Dec 2024
    BoP: FA: Financial Derivatives: Asset (USD mn) 4.178 Dec 2024 monthly Jan 2009 - Dec 2024
    BoP: FA: OI: Liabilities (USD mn) 331.451 Dec 2024 monthly Jan 2009 - Dec 2024
    BoP: Net Errors & Omissions (USD mn) 10.692 Dec 2024 monthly Jan 2009 - Dec 2024
    BoP: Reserves: Assets (USD mn) 584.662 Dec 2024 monthly Jan 2009 - Dec 2024
    BoP: FA: OI: Asset (USD mn) -87.292 Dec 2024 monthly Jan 2009 - Dec 2024
    BoP: FA: Financial Derivatives (USD mn) 2.154 Dec 2024 monthly Jan 2009 - Dec 2024
    Monetary Last Frequency Range
    Non Performing Loans Ratio (%) 5.2 Jan 2025 monthly Dec 1996 - Jan 2025
    Household Debt: % of GDP (%) 27.5 Dec 2024 quarterly Mar 2004 - Dec 2024
    Non-Performing Loans (USD mn) 560.438 Jan 2025 monthly Dec 1996 - Jan 2025
    Money Supply M1 (USD mn) 3,141.363 Jan 2025 monthly Dec 1996 - Jan 2025
    Money Supply M2 (USD mn) 12,130.036 Jan 2025 monthly Dec 1996 - Jan 2025
    M2 Growth (%) 11.6 Jan 2025 monthly Dec 1997 - Jan 2025
    Reserve Requirement Ratio (%) 11.0 Jan 2025 monthly Jan 2005 - Jan 2025
    Foreign Exchange Reserves (USD mn) 4,118.2 Jan 2025 monthly Dec 1992 - Jan 2025
    Foreign Exchange Reserves: % of GDP (%) 20.332 Dec 2024 quarterly Dec 2010 - Dec 2024
    Foreign Exchange Reserves: Months of Import (NA) 4.2 Jan 2025 monthly Jan 1997 - Jan 2025
    Gold Reserves (USD mn) 668.568 Jan 2025 monthly Dec 1980 - Jan 2025
    Total Deposits (USD mn) 7,685.080 Jan 2025 monthly Jan 2000 - Jan 2025
    Total Deposits Growth (%) 19.9 Jan 2025 monthly Jan 2001 - Jan 2025
    Domestic Credit (USD mn) 10,474.5 Jan 2025 monthly Dec 1992 - Jan 2025
    Domestic Credit Growth (%) 24.7 Jan 2025 monthly Dec 1993 - Jan 2025
    Household Debt (USD mn) 6,505.6 Jan 2025 monthly Jan 2004 - Jan 2025
    Total Loans (USD mn) 10,841.092 Jan 2025 monthly Dec 1996 - Jan 2025
    Total Loans Growth (%) 34.84 Jan 2025 monthly Dec 1997 - Jan 2025
    Private Debt: % of Nominal GDP (%) 44.68 Dec 2024 quarterly Dec 2010 - Dec 2024
    Money Supply: M2: M1 (MNT mn) 10,832,174.537 Jan 2025 monthly Dec 1990 - Jan 2025
    International Reserves: Gross (USD mn) 4,964.960 Nov 2024 monthly Jan 2006 - Nov 2024
    Deposits (MNT tn) 26.500 Jan 2025 monthly Jan 2000 - Jan 2025
    Deposits: Corporate (MNT tn) 4.200 Jan 2025 monthly May 2018 - Jan 2025
    Deposits: Individual (MNT tn) 22.300 Jan 2025 monthly May 2018 - Jan 2025
    Loans: Outstanding Amounts: Non Performing Loans (MNT mn) 1,932,525.472 Jan 2025 monthly Dec 1996 - Jan 2025

    More Indicators for Mongolia

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