External debt as a share of gni in Mongolia
Mongolia: External debt as a share of gni was 189.66 in 2023. ◆ Volatile
Latest (2023)
189.66
Change on year
down 14.6%
World rank
3rd
of 118 countries
All-time high
301.21
in 2017
All-time low
40.11
in 2008
Years of data
24
2000–2023
External debt as a share of gni in Mongolia, 2000–2023
Source: Our World in Data.
Analysis
Mongolia recorded 189.66 for external debt as a share of gni in 2023.
That represents a change of down 14.6% on the previous year and up 11.7% over ten years.
Over the whole period, external debt as a share of gni in Mongolia peaked at 301.21 in 2017 and was at its lowest, 40.11, in 2008.
Mongolia ranks 3rd of 118 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 66.79 | 40.11 | 97.53 | 10 |
| 2010s | 201.56 | 89.69 | 301.21 | 10 |
| 2020s | 237.08 | 189.66 | 270.76 | 4 |
Countries ranked near Mongolia
- 1 Mozambique 349.68 compare
- 2 Lebanon 332.76 compare
- 4 Lao People's Democratic Republic 138.57 compare
- 5 Senegal 133.99 compare
- 6 Suriname 129.11 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)
- Net primary income (Net income from abroad) (current LCU), annual -11.53 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate -1.28 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0947 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 673.13 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 3.24 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 335.72 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 2.39 million current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0002 (2025)
Frequently asked questions
- What is external debt as a share of gni in Mongolia?
- External debt as a share of gni in Mongolia was 189.66 in 2023, according to Our World in Data.
- What is the highest external debt as a share of gni recorded in Mongolia?
- The highest recorded value was 301.21 in 2017.
- What is the lowest external debt as a share of gni recorded in Mongolia?
- The lowest recorded value was 40.11 in 2008.
- How does Mongolia rank for external debt as a share of gni?
- Mongolia ranks 3rd out of 118 countries with data for 2023.
- Is external debt as a share of gni rising or falling in Mongolia?
- Over the last ten years it is up 11.7%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from Our World in Data, published as part of External debt as a share of gni. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).