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 (%) 53.7 Jun 2024 quarterly Sep 2010 - Jun 2024
    Algeria (%) 48.9 2023 yearly 1997 - 2023
    Argentina (%) 80.3 Mar 2023 quarterly Dec 2004 - Mar 2023
    Armenia (%) 48.9 Sep 2024 quarterly Dec 2013 - Sep 2024
    Australia (%) 38.0 2023 yearly 1999 - 2023
    Austria (%) 83.0 Jun 2024 quarterly Mar 2000 - Jun 2024
    Azerbaijan (%) 16.8 2021 yearly 2008 - 2021
    Bahrain (%) 88.7 Jun 2024 quarterly Dec 2007 - Jun 2024
    Bangladesh (%) 26.4 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 (%) 17.2 Jun 2023 quarterly Jun 2014 - Jun 2023
    Brazil (%) 78.2 Sep 2024 quarterly Dec 2006 - Sep 2024
    Bulgaria (%) 22.1 Jun 2024 quarterly Mar 2007 - Jun 2024
    Cambodia (%) 25.3 2022 yearly 2013 - 2022
    Canada (%) 68.6 2024 yearly 1962 - 2024
    Chile (%) 40.9 Jun 2024 quarterly Mar 2002 - Jun 2024
    China (%) 24.6 Jun 2024 quarterly Mar 2014 - Jun 2024
    Colombia (%) 62.2 Jun 2024 quarterly Dec 2005 - Jun 2024
    Croatia (%) 60.1 Jun 2024 quarterly Dec 1995 - Jun 2024
    Cyprus (%) 69.7 Sep 2024 quarterly Dec 2010 - Sep 2024
    Czech Republic (%) 42.6 Jun 2024 quarterly Mar 2000 - Jun 2024
    Denmark (%) 33.6 Jun 2024 quarterly Mar 2000 - Jun 2024
    Ecuador (%) 66.9 Jun 2024 quarterly Dec 2005 - Jun 2024
    Egypt (%) 68.6 Jun 2020 quarterly Jun 2006 - Jun 2020
    Estonia (%) 23.8 Jun 2024 quarterly Mar 2000 - Jun 2024
    European Union (%) 81.5 Jun 2024 quarterly Mar 2000 - Jun 2024
    Finland (%) 81.5 Sep 2024 quarterly Mar 2000 - Sep 2024
    France (%) 110.6 Dec 2023 quarterly Dec 1995 - Dec 2023
    Georgia (%) 38.3 Jun 2024 quarterly Mar 2006 - Jun 2024
    Germany (%) 62.0 Jun 2024 quarterly Mar 2000 - Jun 2024
    Ghana (%) 72.3 2023 yearly 2006 - 2023
    Greece (%) 160.0 Jun 2024 quarterly Dec 1999 - Jun 2024
    Hong Kong SAR, China (%) 50.2 2023 yearly 2003 - 2023
    Hungary (%) 76.0 Sep 2024 quarterly Dec 1990 - Sep 2024
    Iceland (%) 64.2 2023 yearly 1998 - 2023
    India (%) 58.3 Jun 2024 quarterly Mar 2012 - Jun 2024
    Indonesia (%) 38.9 Sep 2024 quarterly Jun 2015 - Sep 2024
    Iran (%) 7.5 Dec 2023 quarterly Mar 1998 - Dec 2023
    Ireland (%) 42.7 Jun 2024 quarterly Mar 2000 - Jun 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 (%) 217.0 Sep 2024 quarterly Dec 1994 - Sep 2024
    Jordan (%) 89.5 Jun 2024 quarterly Mar 2002 - Jun 2024
    Kazakhstan (%) 21.7 Dec 2023 quarterly Mar 2005 - Dec 2023
    Kenya (%) 67.2 Jun 2024 quarterly Dec 2009 - Jun 2024
    South Korea (%) 46.1 Jun 2024 quarterly Sep 2002 - Jun 2024
    Kosovo (%) 19.9 2022 yearly 2009 - 2022
    Kuwait (%) 0.3 Jun 2024 quarterly Dec 2010 - Jun 2024
    Kyrgyzstan (%) 41.7 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 (%) 37.4 Jun 2024 quarterly Mar 2000 - Jun 2024
    Luxembourg (%) 26.8 Jun 2024 quarterly Dec 1997 - Jun 2024
    North Macedonia (%) 54.5 Jun 2024 quarterly Dec 2009 - Jun 2024
    Malawi (%) 66.0 2014 yearly 2010 - 2014
    Malaysia (%) 65.0 Sep 2024 quarterly Dec 2010 - Sep 2024
    Malta (%) 46.4 Jun 2024 quarterly Mar 2000 - Jun 2024
    Mauritius (%) 69.3 Dec 2023 quarterly Jun 2003 - Dec 2023
    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 (%) 62.1 Jun 2024 quarterly Dec 2010 - Jun 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 (%) 42.6 Jun 2024 quarterly Dec 2006 - Jun 2024
    Nigeria (%) 52.8 Jun 2024 quarterly Dec 2010 - Jun 2024
    Norway (%) 44.3 2023 yearly 1995 - 2023
    Oman (%) 36.5 2023 yearly 1990 - 2023
    Pakistan (%) 72.4 2023 yearly 2000 - 2023
    Palestinian Territory (%) 126.9 Jun 2024 quarterly Dec 2010 - Jun 2024
    Panama (%) 61.6 Sep 2024 quarterly Dec 2007 - Sep 2024
    Paraguay (%) 36.2 Jun 2024 quarterly Dec 2014 - Jun 2024
    Peru (%) 32.6 Sep 2024 quarterly Mar 1999 - Sep 2024
    Philippines (%) 61.3 Sep 2024 quarterly Mar 1993 - Sep 2024
    Poland (%) 52.3 Jun 2024 quarterly Dec 2002 - Jun 2024
    Portugal (%) 97.4 Sep 2024 quarterly Dec 1995 - Sep 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 (%) 28.4 Jun 2024 quarterly Dec 2016 - Jun 2024
    Serbia (%) 47.4 Sep 2024 quarterly Sep 2004 - Sep 2024
    Singapore (%) 173.0 Sep 2024 quarterly Mar 1990 - Sep 2024
    Slovakia (%) 60.5 Mar 2024 quarterly Mar 2000 - Mar 2024
    Slovenia (%) 69.5 Jun 2024 quarterly Dec 1999 - Jun 2024
    South Africa (%) 75.1 Sep 2024 quarterly Dec 1960 - Sep 2024
    Spain (%) 104.4 Sep 2024 quarterly Mar 1995 - Sep 2024
    Sri Lanka (%) 98.8 Jun 2024 quarterly Mar 2014 - Jun 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 (%) 55.9 Sep 2024 quarterly Dec 1997 - Sep 2024
    Tunisia (%) 79.7 Dec 2021 monthly Apr 2011 - Dec 2021
    Turkey (%) 26.1 Jun 2024 quarterly Dec 2001 - Jun 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 (%) 0.1 Sep 2024 quarterly Dec 2000 - Sep 2024
    Consolidated Fiscal Balance (USD mn) -44.052 Nov 2024 monthly Jan 2000 - Nov 2024
    Tax Revenue (USD mn) 495.058 Nov 2024 monthly Jan 2000 - Nov 2024
    Tax Revenue: % of GDP (%) 29.0 Sep 2024 quarterly Mar 2000 - Sep 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: Net Lending (MNT mn) 334,797.320 Nov 2024 monthly Dec 1999 - Nov 2024
    General Government Expenditure & NL: ytd: Expenditure: Capital (MNT mn) 5,178,968.689 Nov 2024 monthly Dec 1999 - Nov 2024
    General Government Balance: ytd (MNT mn) 1,372,659.990 Nov 2024 monthly Dec 1999 - Nov 2024
    General Government Revenue & Grants: ytd: Tax: Value Added Tax (MNT mn) 5,170,239.141 Nov 2024 monthly Dec 1999 - Nov 2024
    General Government Revenue & Grants: ytd: Tax: Excises (MNT mn) 1,010,380.321 Nov 2024 monthly Dec 1999 - Nov 2024
    General Government Expenditure & NL: ytd: Expenditure: Current (MNT mn) 19,190,650.839 Nov 2024 monthly Dec 1999 - Nov 2024
    General Government Expenditure & NL: ytd: Expenditure (MNT mn) 22,038,355.570 Oct 2024 monthly Dec 1999 - Oct 2024
    Foreign Trade Last Frequency Range
    Forecast: Exports of Goods Growth (%) 1.185 2028 yearly 1981 - 2028
    Trade Balance (USD mn) 444.6 Oct 2024 monthly Jan 1997 - Oct 2024
    Total Exports (USD mn) 1,425.9 Oct 2024 monthly Jan 1997 - Oct 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) 981.3 Oct 2024 monthly Jan 1997 - Oct 2024
    Total Imports Growth (%) 22.0 Oct 2024 monthly Jan 1998 - Oct 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) 3.210 Oct 2024 monthly Dec 1999 - Oct 2024
    Total Imports from USA (USD mn) 48.664 Oct 2024 monthly Dec 1999 - Oct 2024
    Total Exports to China (USD mn) 1,225.659 Oct 2024 monthly Dec 1999 - Oct 2024
    Total Imports from China (USD mn) 393.871 Oct 2024 monthly Dec 1999 - Oct 2024
    Exports: Live Animals and Products of Animal Origin (USD th) 35,340.880 Oct 2024 monthly Dec 1999 - Oct 2024
    Exports: Textiles and Textile Articles (USD th) 18,327.776 Oct 2024 monthly Dec 1999 - Oct 2024
    Exports: Mineral Products (USD th) 1,179,717.491 Oct 2024 monthly Dec 1999 - Oct 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) 613.925 Oct 2024 monthly Dec 1999 - Oct 2024
    Exports: Asia: North Eastern: ow China (USD th) 1,227,048.350 Oct 2024 monthly Dec 1999 - Oct 2024
    Exports: America: USA (USD th) 486.100 Dec 2018 monthly Dec 1999 - Dec 2018
    Imports: Mineral Products (USD th) 185,809.135 Oct 2024 monthly Dec 1999 - Oct 2024
    Imports: Auto, Air and Water Transport Vehicles and Their Spare Parts (USD th) 191,661.633 Oct 2024 monthly Dec 1999 - Oct 2024
    Imports: Base Metals and Articles Thereof (USD th) 67,425.329 Oct 2024 monthly Dec 1999 - Oct 2024
    Imports: Food Products (USD th) 87,959.975 Oct 2024 monthly Dec 1999 - Oct 2024
    Imports: Machinery, Equipment, Electric Appliances, Recorders, TV Sets and Spare... (USD th) 246,701.542 Oct 2024 monthly Dec 1999 - Oct 2024
    Imports: America: ow USA (USD th) 48,664.374 Oct 2024 monthly Dec 1999 - Oct 2024
    Imports: Asia: North Eastern: ow Republic of Korea (USD th) 41,083.097 Oct 2024 monthly Dec 1999 - Oct 2024
    Imports: Europe: Others: ow Russian Federation (USD th) 211,322.203 Oct 2024 monthly Dec 1999 - Oct 2024
    Imports: Asia: North Eastern: ow China (USD th) 398,501.225 Oct 2024 monthly Dec 1999 - Oct 2024
    Imports: Asia: North Eastern: ow Japan (USD th) 115,003.521 Oct 2024 monthly Dec 1999 - Oct 2024
    Export Value Index (2015=100) 198.040 2021 yearly 1980 - 2021
    Import Value Index (2015=100) 180.345 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
    Balance of Payments Last Frequency Range
    Direct Investment Abroad (USD mn) 1.2 Sep 2024 monthly Jan 2009 - Sep 2024
    Current Account Balance (USD mn) -524.3 Sep 2024 monthly Jan 2009 - Sep 2024
    Current Account Balance: % of GDP (%) -14.1 Sep 2024 quarterly Mar 2000 - Sep 2024
    Foreign Direct Investment (USD mn) 177.5 Sep 2024 monthly Jan 2009 - Sep 2024
    Foreign Direct Investment: % of GDP (%) 9.7 Sep 2024 quarterly Mar 2000 - Sep 2024
    Foreign Portfolio Investment (USD mn) 52.834 Sep 2024 quarterly Mar 1998 - Sep 2024
    Foreign Portfolio Investment: % of GDP (%) 1.0 Sep 2024 quarterly Mar 2000 - Sep 2024
    Foreign Portfolio Investment: Equity Securities (USD mn) 2.6 Sep 2024 quarterly Mar 1998 - Sep 2024
    Foreign Portfolio Investment: Debt Securities (USD mn) 50.259 Sep 2024 quarterly Mar 1998 - Sep 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) -42,853.261 Sep 2024 quarterly Dec 2010 - Sep 2024
    Balance of Payments (BoP): Current Account (CA) (USD mn) -127.606 Oct 2024 monthly Jan 2009 - Oct 2024
    BoP: CA: Goods & Services: Goods (USD mn) 336.685 Oct 2024 monthly Jan 2009 - Oct 2024
    BoP: CA: Goods & Services: Services (USD mn) -248.232 Oct 2024 monthly Jan 2009 - Oct 2024
    BoP: FA: Direct Investment (USD mn) -209.109 Oct 2024 monthly Jan 2009 - Oct 2024
    BoP: Capital Account (USD mn) 12.942 Oct 2024 monthly Jan 2009 - Oct 2024
    BoP: FA: Direct Investment: Asset (USD mn) 2.673 Oct 2024 monthly Jan 2009 - Oct 2024
    BoP: Financial Account (FA) (USD mn) -295.498 Oct 2024 monthly Jan 2009 - Oct 2024
    BoP: CA: Primary Income (USD mn) -222.492 Oct 2024 monthly Jan 2009 - Oct 2024
    BoP: FA: Portfolio Investment: Asset (USD mn) 2.983 Oct 2024 monthly Jan 2009 - Oct 2024
    BoP: FA: Financial Derivatives: Liabilities (USD mn) 4.997 Oct 2024 monthly Jan 2009 - Oct 2024
    BoP: CA: Secondary Income (USD mn) 6.433 Oct 2024 monthly Jan 2009 - Oct 2024
    BoP: FA: Other Investment (OI) (USD mn) -41.683 Oct 2024 monthly Jan 2009 - Oct 2024
    BoP: FA: Financial Derivatives (USD mn) -2.485 Oct 2024 monthly Jan 2009 - Oct 2024
    BoP: FA: OI: Asset (USD mn) 177.299 Oct 2024 monthly Jan 2009 - Oct 2024
    BoP: FA: Direct Investment: Liabilities (USD mn) 211.782 Oct 2024 monthly Jan 2009 - Oct 2024
    BoP: FA: Portfolio Investment (USD mn) -42.220 Oct 2024 monthly Jan 2009 - Oct 2024
    BoP: FA: Portfolio Investment: Liabilities (USD mn) 45.203 Oct 2024 monthly Jan 2009 - Oct 2024
    BoP: FA: Financial Derivatives: Asset (USD mn) 2.511 Oct 2024 monthly Jan 2009 - Oct 2024
    BoP: Net Errors & Omissions (USD mn) -187.447 Oct 2024 monthly Jan 2009 - Oct 2024
    BoP: FA: OI: Liabilities (USD mn) 218.982 Oct 2024 monthly Jan 2009 - Oct 2024
    BoP: Reserves: Assets (USD mn) -6.612 Oct 2024 monthly Jan 2009 - Oct 2024
    Monetary Last Frequency Range
    Non Performing Loans Ratio (%) 5.8 Nov 2024 monthly Dec 1996 - Nov 2024
    Household Debt: % of GDP (%) 26.4 Sep 2024 quarterly Mar 2004 - Sep 2024
    Non-Performing Loans (USD mn) 606.815 Nov 2024 monthly Dec 1996 - Nov 2024
    Money Supply M1 (USD mn) 3,226.624 Oct 2024 monthly Dec 1996 - Oct 2024
    Money Supply M2 (USD mn) 12,384.304 Oct 2024 monthly Dec 1996 - Oct 2024
    M2 Growth (%) 25.1 Oct 2024 monthly Dec 1997 - Oct 2024
    Reserve Requirement Ratio (%) 10.0 Nov 2024 monthly Jan 2005 - Nov 2024
    Foreign Exchange Reserves (USD mn) 3,949.9 Oct 2024 monthly Dec 1992 - Oct 2024
    Foreign Exchange Reserves: % of GDP (%) 17.057 Sep 2024 quarterly Dec 2010 - Sep 2024
    Foreign Exchange Reserves: Months of Import (NA) 4.0 Oct 2024 monthly Jan 1997 - Oct 2024
    Gold Reserves (USD mn) 649.730 Oct 2024 monthly Dec 1980 - Oct 2024
    Total Deposits (USD mn) 7,401.664 Oct 2024 monthly Jan 2000 - Oct 2024
    Total Deposits Growth (%) 24.1 Oct 2024 monthly Jan 2001 - Oct 2024
    Domestic Credit (USD mn) 10,083.4 Sep 2024 monthly Dec 1992 - Sep 2024
    Domestic Credit Growth (%) 28.2 Sep 2024 monthly Dec 1993 - Sep 2024
    Household Debt (USD mn) 6,213.8 Oct 2024 monthly Jan 2004 - Oct 2024
    Total Loans (USD mn) 10,498.477 Nov 2024 monthly Dec 1996 - Nov 2024
    Total Loans Growth (%) 33.55 Nov 2024 monthly Dec 1997 - Nov 2024
    Private Debt: % of Nominal GDP (%) 43.25 Sep 2024 quarterly Dec 2010 - Sep 2024
    Money Supply: M2: M1 (MNT mn) 10,985,491.530 Oct 2024 monthly Dec 1990 - Oct 2024
    International Reserves: Gross (USD mn) 4,964.960 Nov 2024 monthly Jan 2006 - Nov 2024

    More Indicators for Mongolia

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