Current account balance (BoP, current US$), annual growth rate in Mongolia
Mongolia: Current account balance (BoP, current US$), annual growth rate was 105.26 % change on previous year in 2023. ◆ Volatile
Current account balance (BoP, current US$), annual growth rate in Mongolia, 1982–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Mongolia recorded 105.26 % change on previous year for current account balance (bop, current us$), annual growth rate in 2023.
Compared with earlier readings it is up 1,237.8% on the previous year and up 772.9% over ten years.
Over the whole period, current account balance (bop, current us$), annual growth rate in Mongolia peaked at 325.27 % change on previous year in 2006 and was at its lowest, -502.09 % change on previous year, in 2008.
That places Mongolia 11th out of 198 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (BoP, current US$), annual growth rate in Mongolia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1982 | -4.71 % change on previous year | — |
| 1983 | 2.53 % change on previous year | -153.8% |
| 1984 | 10.21 % change on previous year | +303.2% |
| 1985 | -9.93 % change on previous year | -197.3% |
| 1986 | -30.37 % change on previous year | +205.8% |
| 1987 | 6.6 % change on previous year | -121.7% |
| 1988 | -4.31 % change on previous year | -165.3% |
| 1989 | -15.21 % change on previous year | +252.8% |
| 1990 | 48 % change on previous year | -415.7% |
| 1991 | 84.74 % change on previous year | +76.6% |
| 1992 | 48.93 % change on previous year | -42.3% |
| 1993 | 179.71 % change on previous year | +267.3% |
| 1994 | 20.26 % change on previous year | -88.7% |
| 1995 | -15.87 % change on previous year | -178.3% |
| 1996 | -194.86 % change on previous year | +1127.6% |
| 1997 | 284.23 % change on previous year | -245.9% |
| 1998 | -211.21 % change on previous year | -174.3% |
| 1999 | 23.56 % change on previous year | -111.2% |
| 2000 | -20.9 % change on previous year | -188.7% |
| 2001 | 11.69 % change on previous year | -155.9% |
| 2002 | -70.44 % change on previous year | -702.5% |
| 2003 | 6.17 % change on previous year | -108.8% |
| 2004 | 163.85 % change on previous year | +2555.0% |
| 2005 | 38.9 % change on previous year | -76.3% |
| 2006 | 325.27 % change on previous year | +736.3% |
| 2007 | -53.84 % change on previous year | -116.6% |
| 2008 | -502.09 % change on previous year | +832.6% |
| 2009 | 50.52 % change on previous year | -110.1% |
| 2010 | -159.07 % change on previous year | -414.9% |
| 2011 | -409.58 % change on previous year | +157.5% |
| 2012 | -19.25 % change on previous year | -95.3% |
| 2013 | 12.06 % change on previous year | -162.6% |
| 2014 | 59.12 % change on previous year | +390.3% |
| 2015 | 50.97 % change on previous year | -13.8% |
| 2016 | 26.23 % change on previous year | -48.5% |
| 2017 | -65.14 % change on previous year | -348.3% |
| 2018 | -64.66 % change on previous year | -0.7% |
| 2019 | -13.62 % change on previous year | -78.9% |
| 2020 | 68.79 % change on previous year | -605.0% |
| 2021 | -212.54 % change on previous year | -409.0% |
| 2022 | -9.25 % change on previous year | -95.6% |
| 2023 | 105.26 % change on previous year | -1237.8% |
Mongolia compared with similar countries
- Mongolia's 105.26 % change on previous year is above the median for upper middle income countries, which is -7.99 % change on previous year. (56 countries reporting)
- Mongolia's 105.26 % change on previous year is above the median for East Asia & Pacific, which is 22.26 % change on previous year, 4.7× the median. (32 countries reporting)
Biggest year-on-year movements
Years where Current account balance (BoP, current US$), annual growth rate in Mongolia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2004 | +2555.0% | 6.17 % change on previous year | 163.85 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -5.65 % change on previous year | -30.37 % change on previous year | 10.21 % change on previous year | 8 |
| 1990s | 26.75 % change on previous year | -211.21 % change on previous year | 284.23 % change on previous year | 10 |
| 2000s | -5.09 % change on previous year | -502.09 % change on previous year | 325.27 % change on previous year | 10 |
| 2010s | -58.29 % change on previous year | -409.58 % change on previous year | 59.12 % change on previous year | 10 |
| 2020s | -11.93 % change on previous year | -212.54 % change on previous year | 105.26 % change on previous year | 4 |
Countries ranked near Mongolia
- 8 Honduras 157.92 % change on previous year compare
- 9 Ireland 136.88 % change on previous year compare
- 10 Liberia 123.71 % change on previous year compare
- 12 Myanmar 102.64 % change on previous year compare
- 13 Sao Tome and Principe 98.63 % change on previous year compare
- 14 Trinidad and Tobago 93.41 % change on previous year compare
More economy & growth data for Mongolia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.08 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.17 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 55.47 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0023 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 15.74 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 2.78 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 23.79 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1169 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 789.32 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 27.16 % change on previous year (2025)
Frequently asked questions
- What is current account balance (bop, current us$), annual growth rate in Mongolia?
- Current account balance (bop, current us$), annual growth rate in Mongolia was 105.26 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest current account balance (bop, current us$), annual growth rate recorded in Mongolia?
- The highest recorded value was 325.27 % change on previous year in 2006.
- What is the lowest current account balance (bop, current us$), annual growth rate recorded in Mongolia?
- The lowest recorded value was -502.09 % change on previous year in 2008.
- How does Mongolia rank for current account balance (bop, current us$), annual growth rate?
- Mongolia ranks 11th out of 198 countries with data for 2023.
- Is current account balance (bop, current us$), annual growth rate rising or falling in Mongolia?
- Over the last ten years it is up 772.9%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from Statizoid (derived), published as part of Current account balance (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 42 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Current account balance (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Current account balance Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Current account balance (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.