Adjusted savings: net national savings in Mongolia
Mongolia: Adjusted savings: net national savings was 10.3% in 2021. ◆ Volatile
Adjusted savings: net national savings in Mongolia, 1981–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
In 2021, adjusted savings: net national savings in Mongolia stood at 10.3%.
Compared with earlier readings it is up 121.2% on the previous year and down 61.3% over ten years.
Over the whole period, adjusted savings: net national savings in Mongolia peaked at 38.9% in 2006 and was at its lowest, -14.2%, in 1988.
That places Mongolia 80th out of 177 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: net national savings in Mongolia, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1981 | 0.8% | — |
| 1982 | 9.7% | +1149.7% |
| 1983 | -0.6% | -106.0% |
| 1984 | -1.7% | +192.1% |
| 1985 | -3.2% | +86.0% |
| 1986 | -8.8% | +177.1% |
| 1987 | -14.0% | +59.6% |
| 1988 | -14.2% | +1.5% |
| 1989 | -6.8% | -52.4% |
| 1990 | 0.1% | -102.2% |
| 1991 | 15.0% | +9902.7% |
| 1992 | 29.6% | +97.2% |
| 1993 | 38.3% | +29.4% |
| 1994 | 34.5% | -9.8% |
| 1995 | 33.7% | -2.5% |
| 1996 | 28.4% | -15.7% |
| 1997 | 30.1% | +5.9% |
| 1998 | 21.2% | -29.4% |
| 1999 | 24.4% | +15.1% |
| 2000 | 7.7% | -68.3% |
| 2001 | 6.1% | -21.7% |
| 2002 | 5.6% | -7.5% |
| 2003 | 15.3% | +172.0% |
| 2004 | 25.8% | +68.9% |
| 2005 | 32.2% | +24.7% |
| 2006 | 38.9% | +21.1% |
| 2007 | 35.2% | -9.5% |
| 2008 | 24.2% | -31.5% |
| 2009 | 20.2% | -16.5% |
| 2010 | 21.3% | +5.7% |
| 2011 | 26.5% | +24.4% |
| 2012 | 23.0% | -13.5% |
| 2013 | 21.2% | -7.7% |
| 2014 | 17.2% | -19.0% |
| 2015 | 3.8% | -77.9% |
| 2016 | 3.2% | -16.2% |
| 2017 | 5.0% | +57.2% |
| 2018 | 12.0% | +140.1% |
| 2019 | 10.5% | -12.2% |
| 2020 | 4.6% | -56.0% |
| 2021 | 10.3% | +121.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -4.3% | -14.2% | 9.7% | 9 |
| 1990s | 25.5% | 0.1% | 38.3% | 10 |
| 2000s | 21.1% | 5.6% | 38.9% | 10 |
| 2010s | 14.4% | 3.2% | 26.5% | 10 |
| 2020s | 7.4% | 4.6% | 10.3% | 2 |
Countries ranked near Mongolia
More economy & growth data for Mongolia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.08 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.17 Percent per annum (2029)
- Imports of goods and services (constant 2015 US$), annual growth rate -1.05 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.6737 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 4,789 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth 670.31 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth 696.41 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 36.7 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 316.89 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 2.25 million current LCU per person (2025)
Frequently asked questions
- What is adjusted savings: net national savings in Mongolia?
- Adjusted savings: net national savings in Mongolia was 10.3% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Mongolia?
- The highest recorded value was 38.9% in 2006.
- What is the lowest adjusted savings: net national savings recorded in Mongolia?
- The lowest recorded value was -14.2% in 1988.
- How does Mongolia rank for adjusted savings: net national savings?
- Mongolia ranks 80th out of 177 countries with data for 2021.
- Is adjusted savings: net national savings rising or falling in Mongolia?
- Over the last ten years it is down 61.3%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: net national savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.