Net primary income in Mongolia
Mongolia: Net primary income was -2.67 billion BoP, current US$ in 2024. ◆ Volatile
Net primary income in Mongolia, 1981–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Mongolia recorded -2.67 billion BoP, current US$ for net primary income in 2024. That is the lowest value across all 44 years on record.
Compared with earlier readings it is down 19.6% on the previous year and down 174.6% over ten years.
Over the whole period, net primary income in Mongolia peaked at 400,000 BoP, current US$ in 1998 and was at its lowest, -2.67 billion BoP, current US$, in 2024.
That places Mongolia 140th out of 198 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -26.94 million BoP, current US$ | -48.90 million BoP, current US$ | -1.70 million BoP, current US$ | 9 |
| 1990s | -16.52 million BoP, current US$ | -43.60 million BoP, current US$ | 400,000 BoP, current US$ | 10 |
| 2000s | -59.57 million BoP, current US$ | -195.43 million BoP, current US$ | -2.04 million BoP, current US$ | 10 |
| 2010s | -1.14 billion BoP, current US$ | -1.61 billion BoP, current US$ | -597.55 million BoP, current US$ | 10 |
| 2020s | -2.00 billion BoP, current US$ | -2.67 billion BoP, current US$ | -1.25 billion BoP, current US$ | 5 |
Countries ranked near Mongolia
- 137 Mozambique -2.52 billion BoP, current US$ compare
- 138 Myanmar -2.53 billion BoP, current US$ compare
- 139 Sri Lanka -2.60 billion BoP, current US$ compare
- 141 Morocco -2.72 billion BoP, current US$ compare
- 142 Zambia -2.75 billion BoP, current US$ compare
- 143 Malta -2.90 billion BoP, current US$ compare
More economy & growth data for Mongolia
- External balance on goods and services as a percent of GDP 5.4% (2025)
- Inflation of consumer prices 8.6% (2025)
- GDP per capita 4,882 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 5.9% (2025)
- Gross domestic product (GDP) 17.42 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 4,882 constant 2015 US$ (2025)
- DEC alternative conversion factor 3,545 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.26 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 355.63 million current US$ (2025)
- Taxes less subsidies on products 8.52 trillion current LCU (2025)
Frequently asked questions
- What is net primary income in Mongolia?
- Net primary income in Mongolia was -2.67 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net primary income recorded in Mongolia?
- The highest recorded value was 400,000 BoP, current US$ in 1998.
- What is the lowest net primary income recorded in Mongolia?
- The lowest recorded value was -2.67 billion BoP, current US$ in 2024.
- How does Mongolia rank for net primary income?
- Mongolia ranks 140th out of 198 countries with data for 2024.
- Is net primary income rising or falling in Mongolia?
- Over the last ten years it is down 174.6%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net primary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Net primary income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.