External debt stocks in Mongolia
Mongolia: External debt stocks was 181.9% in 2024. ◆ Volatile
External debt stocks in Mongolia, 1992–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
In 2024, external debt stocks in Mongolia stood at 181.9%.
Compared with earlier readings it is down 6.1% on the previous year and down 9.9% over ten years.
Over the whole period, external debt stocks in Mongolia peaked at 301.2% in 2017 and was at its lowest, 27.5%, in 1992.
Mongolia ranks 3rd of 121 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
External debt stocks in Mongolia, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1992 | 27.5% | — |
| 1993 | 52.3% | +90.2% |
| 1994 | 51.2% | -2.0% |
| 1995 | 37.2% | -27.3% |
| 1996 | 40.1% | +7.7% |
| 1997 | 51.9% | +29.3% |
| 1998 | 64.6% | +24.6% |
| 1999 | 92.8% | +43.6% |
| 2000 | 84.8% | -8.6% |
| 2001 | 74.7% | -11.9% |
| 2002 | 79.2% | +5.9% |
| 2003 | 97.5% | +23.2% |
| 2004 | 80.4% | -17.5% |
| 2005 | 56.5% | -29.8% |
| 2006 | 44.3% | -21.5% |
| 2007 | 42.1% | -4.9% |
| 2008 | 40.1% | -4.8% |
| 2009 | 68.1% | +69.8% |
| 2010 | 89.7% | +31.7% |
| 2011 | 100.8% | +12.4% |
| 2012 | 140.0% | +38.9% |
| 2013 | 169.8% | +21.3% |
| 2014 | 201.7% | +18.8% |
| 2015 | 226.4% | +12.2% |
| 2016 | 257.5% | +13.7% |
| 2017 | 301.2% | +17.0% |
| 2018 | 264.7% | -12.1% |
| 2019 | 263.6% | -0.4% |
| 2020 | 270.8% | +2.7% |
| 2021 | 267.8% | -1.1% |
| 2022 | 217.4% | -18.8% |
| 2023 | 193.6% | -10.9% |
| 2024 | 181.9% | -6.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 52.2% | 27.5% | 92.8% | 8 |
| 2000s | 66.8% | 40.1% | 97.5% | 10 |
| 2010s | 201.6% | 89.7% | 301.2% | 10 |
| 2020s | 226.3% | 181.9% | 270.8% | 5 |
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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 12.44 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 3,209 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 22.81 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 7.87 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.5992 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 4,259 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 7.87 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 1,181 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is external debt stocks in Mongolia?
- External debt stocks in Mongolia was 181.9% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks recorded in Mongolia?
- The highest recorded value was 301.2% in 2017.
- What is the lowest external debt stocks recorded in Mongolia?
- The lowest recorded value was 27.5% in 1992.
- How does Mongolia rank for external debt stocks?
- Mongolia ranks 3rd out of 121 countries with data for 2024.
- Is external debt stocks rising or falling in Mongolia?
- Over the last ten years it is down 9.9%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of External debt stocks (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Total external debt stocks to gross national income. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.