Mongolia Gross Savings Rate

2005 - 2022 | Quarterly | % | CEIC Data

Key information about Mongolia Gross Savings Rate

  • Mongolia Gross Savings Rate was measured at 35.8% in Dec 2022, compared with 35.8% in the previous quarter.
  • Mongolia Gross Savings Rate is updated quarterly, with data available from Mar 2005 to Dec 2022, and an average rate of 35.8%.
  • The data reached an all-time high of 35.8% 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 expanded 7.7% YoY in Dec 2022.
  • Mongolia Nominal GDP reached 5,182.4 USD mn in Dec 2022. Its GDP deflator (implicit price deflator) increased 20.1% in Dec 2022.
  • Mongolia GDP Per Capita reached 4,482.9 USD in Dec 2021.

View Mongolia's Gross Savings Rate from Mar 2005 to Dec 2022 in the chart:

Mongolia Gross Savings Rate

What was Mongolia's Gross Savings Rate in Dec 2022?

Mongolia Gross Savings Rate was measured at 35.8% in Dec 2022, compared with 35.8% in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
35.8 Dec 2022 43.5 Sep 2022 -4.7 Mar 2009 55.2 Jun 2007 % quarterly Mar 2005 - Dec 2022

Gross Savings Rate by Country Comparison

country/region Last Frequency Range
Albania (%) 17.3 Sep 2022 quarterly Mar 2008 - Sep 2022
Algeria (%) 36.1 2021 yearly 2000 - 2021
Argentina (%) 11.0 Mar 2023 quarterly Mar 2004 - Mar 2023
Armenia (%) 29.9 Dec 2024 quarterly Dec 1994 - Dec 2024
Australia (%) 29.6 Dec 2022 quarterly Sep 1959 - Dec 2022
Austria (%) 24.4 Dec 2024 quarterly Mar 1995 - Dec 2024
Azerbaijan (%) 29.9 Sep 2024 quarterly Mar 2001 - Sep 2024
Bahrain (%) 38.1 2022 yearly 1989 - 2022
Bangladesh (%) 30.4 2021 yearly 2006 - 2021
Belarus (%) 28.3 Sep 2024 quarterly Mar 1992 - Sep 2024
Belgium (%) 22.1 Sep 2024 quarterly Mar 1980 - Sep 2024
Bolivia (%) 14.8 Sep 2024 quarterly Mar 1990 - Sep 2024
Bosnia and Herzegovina (%) 24.2 Sep 2024 quarterly Mar 2008 - Sep 2024
Botswana (%) 20.1 Sep 2024 quarterly Mar 1994 - Sep 2024
Brazil (%) 11.9 Dec 2024 quarterly Mar 1991 - Dec 2024
Brunei (%) 60.0 Sep 2022 quarterly Mar 2004 - Sep 2022
Bulgaria (%) 20.1 Dec 2024 quarterly Mar 1995 - Dec 2024
Cambodia (%) 34.1 2022 yearly 1993 - 2022
Canada (%) 25.2 Sep 2024 quarterly Mar 1961 - Sep 2024
Chile (%) 20.7 Sep 2024 quarterly Mar 1996 - Sep 2024
China (%) 44.3 2023 yearly 1952 - 2023
Colombia (%) 8.6 Dec 2022 quarterly Mar 2005 - Dec 2022
Croatia (%) 12.0 Dec 2024 quarterly Mar 1995 - Dec 2024
Cyprus (%) 16.9 Dec 2024 quarterly Mar 1995 - Dec 2024
Czech Republic (%) 30.4 Dec 2024 quarterly Mar 1995 - Dec 2024
Denmark (%) 34.9 Dec 2024 quarterly Mar 1990 - Dec 2024
Ecuador (%) 21.1 Sep 2024 quarterly Mar 1991 - Sep 2024
Egypt (%) 7.8 2023 yearly 1969 - 2023
Estonia (%) 29.7 Dec 2022 quarterly Mar 1993 - Dec 2022
European Union (%) 25.7 Dec 2024 quarterly Mar 1995 - Dec 2024
Finland (%) 23.6 Dec 2024 quarterly Mar 1990 - Dec 2024
France (%) 14.2 Dec 2017 quarterly Mar 1949 - Dec 2017
Georgia (%) 26.3 Sep 2024 quarterly Mar 1996 - Sep 2024
Germany (%) 29.6 Mar 2023 quarterly Mar 1991 - Mar 2023
Ghana (%) 9.9 2023 yearly 2006 - 2023
Greece (%) 14.1 Dec 2024 quarterly Mar 1995 - Dec 2024
Hong Kong SAR, China (%) 30.2 Sep 2024 quarterly Mar 1999 - Sep 2024
Hungary (%) 31.0 Dec 2024 quarterly Mar 1995 - Dec 2024
Iceland (%) 23.5 Dec 2024 quarterly Mar 1995 - Dec 2024
India (%) 30.7 2024 yearly 1951 - 2024
Indonesia (%) 35.0 Dec 2024 quarterly Mar 2010 - Dec 2024
Iran (%) 26.4 Mar 2024 quarterly Jun 1988 - Mar 2024
Ireland (%) 58.8 Dec 2024 quarterly Mar 1995 - Dec 2024
Israel (%) 27.7 Dec 2024 quarterly Mar 1995 - Dec 2024
Italy (%) 25.0 Dec 2024 quarterly Mar 1995 - Dec 2024
Ivory Coast (%) 23.9 2023 yearly 1960 - 2023
Japan (%) 28.8 Mar 2022 quarterly Mar 1980 - Mar 2022
Jordan (%) 3.0 2023 yearly 1963 - 2023
Kazakhstan (%) 44.9 Sep 2022 quarterly Mar 1994 - Sep 2022
Kenya (%) 11.9 2023 yearly 2006 - 2023
South Korea (%) 34.0 Dec 2022 quarterly Mar 1970 - Dec 2022
Kosovo (%) 21.9 Sep 2024 quarterly Mar 2010 - Sep 2024
Kuwait (%) 44.9 2022 yearly 1970 - 2022
Kyrgyzstan (%) -4.1 Dec 2022 quarterly Mar 2000 - Dec 2022
Laos (%) 18.4 2016 yearly 2000 - 2016
Latvia (%) 21.4 Dec 2024 quarterly Mar 1995 - Dec 2024
Lebanon (%) -25.5 2021 yearly 1990 - 2021
Lithuania (%) 29.6 Sep 2024 quarterly Mar 1995 - Sep 2024
Luxembourg (%) 52.5 Sep 2022 quarterly Mar 1995 - Sep 2022
Macau SAR, China (%) 16.6 Dec 2022 quarterly Mar 2001 - Dec 2022
North Macedonia (%) 17.0 Dec 2024 quarterly Mar 2000 - Dec 2024
Malawi (%) 11.2 2019 yearly 1977 - 2019
Malaysia (%) 26.9 Dec 2022 quarterly Mar 2010 - Dec 2022
Malta (%) 32.5 Dec 2024 quarterly Mar 1992 - Dec 2024
Mauritius (%) 19.0 Sep 2024 quarterly Mar 1999 - Sep 2024
Mexico (%) 18.0 Sep 2024 quarterly Mar 1993 - Sep 2024
Moldova (%) -7.1 Dec 2024 quarterly Mar 1995 - Dec 2024
Mongolia (%) 35.8 Dec 2022 quarterly Mar 2005 - Dec 2022
Montenegro (%) -5.1 Dec 2024 quarterly Mar 2010 - Dec 2024
Morocco (%) 28.6 2023 yearly 1975 - 2023
Mozambique (%) 4.8 2023 yearly 1969 - 2022
Myanmar (%) 28.7 2018 yearly 1996 - 2018
Nepal (%) 35.6 2024 yearly 2001 - 2024
Netherlands (%) 28.9 Sep 2024 quarterly Mar 1995 - Sep 2024
New Zealand (%) 20.3 Sep 2022 quarterly Jun 1987 - Sep 2022
Nigeria (%) 34.6 2023 yearly 1981 - 2023
Norway (%) 39.1 Dec 2024 quarterly Mar 1978 - Dec 2024
Oman (%) 30.7 2023 yearly 1980 - 2023
Pakistan (%) 6.3 2024 yearly 2000 - 2024
Palestinian Territory (%) 1.3 Sep 2024 quarterly Mar 2011 - Sep 2024
Panama (%) 41.1 2023 yearly 1960 - 2023
Paraguay (%) 18.4 Sep 2024 quarterly Mar 1994 - Sep 2024
Peru (%) 27.3 Dec 2024 quarterly Mar 1990 - Dec 2024
Philippines (%) 10.8 Dec 2022 quarterly Mar 1981 - Dec 2022
Poland (%) 27.3 Dec 2024 quarterly Mar 1995 - Dec 2024
Portugal (%) 26.9 Sep 2024 quarterly Mar 1999 - Sep 2024
Qatar (%) 66.3 Dec 2022 quarterly Mar 2013 - Dec 2022
Romania (%) 18.3 Dec 2024 quarterly Mar 1995 - Dec 2024
Russia (%) 30.4 Sep 2024 quarterly Mar 1993 - Sep 2024
Saudi Arabia (%) 33.2 Sep 2024 quarterly Mar 2003 - Sep 2024
Serbia (%) 20.5 Dec 2024 quarterly Mar 1995 - Dec 2024
Singapore (%) 47.5 2024 yearly 1960 - 2024
Slovakia (%) 15.9 Dec 2024 quarterly Mar 1995 - Dec 2024
Slovenia (%) 28.0 Jun 2024 quarterly Mar 1995 - Jun 2024
South Africa (%) 13.7 Sep 2024 quarterly Mar 1960 - Sep 2024
Spain (%) 23.7 Sep 2024 quarterly Mar 1999 - Sep 2024
Sri Lanka (%) 26.1 Sep 2022 quarterly Mar 2010 - Sep 2022
Sudan (%) 13.7 2014 yearly 1960 - 2014
Sweden (%) 30.2 Dec 2024 quarterly Mar 1980 - Dec 2024
Switzerland (%) 31.7 Dec 2024 quarterly Mar 1990 - Dec 2024

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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 Revenue & Grants: ytd: Tax: Excises (MNT mn) 113,203.269 Jan 2025 monthly Dec 1999 - Jan 2025
General Government Expenditure & NL: ytd: Net Lending (MNT mn) 6,007.785 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 Revenue & Grants: ytd: Tax: Value Added Tax (MNT mn) 296,288.913 Jan 2025 monthly Dec 1999 - Jan 2025
General Government Expenditure & NL: ytd: Expenditure (MNT mn) 2,154,886.548 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) 247.8 Feb 2025 monthly Jan 1997 - Feb 2025
Total Exports (USD mn) 985.6 Feb 2025 monthly Jan 1997 - Feb 2025
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) 737.7 Feb 2025 monthly Jan 1997 - Feb 2025
Total Imports Growth (%) 11.7 Feb 2025 monthly Jan 1998 - Feb 2025
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) 9.296 Feb 2025 monthly Dec 1999 - Feb 2025
Total Imports from USA (USD mn) 30.304 Feb 2025 monthly Dec 1999 - Feb 2025
Total Exports to China (USD mn) 863.486 Feb 2025 monthly Dec 1999 - Feb 2025
Total Imports from China (USD mn) 204.503 Feb 2025 monthly Dec 1999 - Feb 2025
Exports: Live Animals and Products of Animal Origin (USD th) 5,098.791 Feb 2025 monthly Dec 1999 - Feb 2025
Exports: Textiles and Textile Articles (USD th) 13,101.987 Feb 2025 monthly Dec 1999 - Feb 2025
Exports: Mineral Products (USD th) 838,352.397 Feb 2025 monthly Dec 1999 - Feb 2025
Exports: Base Metals and Articles Thereof (USD th) 5,374.900 Mar 2019 monthly Dec 1999 - Mar 2019
Exports: Asia: North Eastern: ow China (USD th) 863,547.687 Feb 2025 monthly Dec 1999 - Feb 2025
Exports: Europe: European Union: ow United Kingdom (USD th) 319.274 Feb 2025 monthly Dec 1999 - Feb 2025
Exports: America: USA (USD th) 486.100 Dec 2018 monthly Dec 1999 - Dec 2018
Imports: Food Products (USD th) 57,743.099 Feb 2025 monthly Dec 1999 - Feb 2025
Imports: Mineral Products (USD th) 209,490.684 Feb 2025 monthly Dec 1999 - Feb 2025
Imports: Machinery, Equipment, Electric Appliances, Recorders, TV Sets and Spare... (USD th) 146,491.254 Feb 2025 monthly Dec 1999 - Feb 2025
Imports: Auto, Air and Water Transport Vehicles and Their Spare Parts (USD th) 142,993.417 Feb 2025 monthly Dec 1999 - Feb 2025
Imports: Base Metals and Articles Thereof (USD th) 47,145.766 Feb 2025 monthly Dec 1999 - Feb 2025
Imports: Asia: North Eastern: ow China (USD th) 207,203.752 Feb 2025 monthly Dec 1999 - Feb 2025
Imports: Asia: North Eastern: ow Republic of Korea (USD th) 29,096.402 Feb 2025 monthly Dec 1999 - Feb 2025
Imports: Asia: North Eastern: ow Japan (USD th) 100,806.768 Feb 2025 monthly Dec 1999 - Feb 2025
Imports: America: ow USA (USD th) 30,303.696 Feb 2025 monthly Dec 1999 - Feb 2025
Imports: Europe: Others: ow Russian Federation (USD th) 236,393.169 Feb 2025 monthly Dec 1999 - Feb 2025
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) 15.9 Jan 2025 monthly Jan 2009 - Jan 2025
Current Account Balance (USD mn) -521.9 Jan 2025 monthly Jan 2009 - Jan 2025
Current Account Balance: % of GDP (%) -11.3 Dec 2024 quarterly Mar 2000 - Dec 2024
Foreign Direct Investment (USD mn) 94.8 Jan 2025 monthly Jan 2009 - Jan 2025
Foreign Direct Investment: % of GDP (%) 8.6 Dec 2024 quarterly Mar 2000 - Dec 2024
Foreign Portfolio Investment (USD mn) 881.865 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) -3.0 Dec 2024 quarterly Mar 1998 - Dec 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 884.839 Dec 2024 quarterly Mar 1998 - Dec 2024
External Debt (USD mn) 37,117.3 Dec 2024 quarterly Mar 2000 - Dec 2024
External Debt: % of GDP (%) 157.4 2024 yearly 1992 - 2024
External Debt: Short Term (USD mn) 2,348.1 Dec 2024 quarterly Mar 2000 - Dec 2024
External Debt: Short Term: % of GDP (%) 9.9 2024 yearly 1992 - 2024
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) -521.897 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: CA: Goods & Services: Services (USD mn) -320.947 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: CA: Primary Income (USD mn) -197.620 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: FA: Direct Investment: Asset (USD mn) 15.874 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: Financial Account (FA) (USD mn) 4.999 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: FA: Direct Investment (USD mn) -78.933 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: CA: Goods & Services: Goods (USD mn) -1.574 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: CA: Secondary Income (USD mn) -1.757 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: FA: Direct Investment: Liabilities (USD mn) 94.807 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: FA: Portfolio Investment: Liabilities (USD mn) 24.330 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: Capital Account (USD mn) 5.698 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: FA: Portfolio Investment (USD mn) -26.075 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: FA: Portfolio Investment: Asset (USD mn) -1.745 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: FA: OI: Asset (USD mn) -57.980 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: FA: Financial Derivatives: Asset (USD mn) -0.065 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: FA: Financial Derivatives (USD mn) 2.416 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: Reserves: Assets (USD mn) -680.711 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: FA: Financial Derivatives: Liabilities (USD mn) -2.481 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: FA: OI: Liabilities (USD mn) -165.570 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: Net Errors & Omissions (USD mn) -159.513 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: FA: Other Investment (OI) (USD mn) 107.590 Jan 2025 monthly Jan 2009 - Jan 2025
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 (%) 13.0 Feb 2025 monthly Jan 2005 - Feb 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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