Net secondary income in Mongolia
Mongolia: Net secondary income was 421.06 million BoP, current US$ in 2024. ◆ Volatile
Net secondary income in Mongolia, 1981–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net secondary income in Mongolia is 421.06 million BoP, current US$, measured in 2024.
The figure is up 5.9% on the previous year and up 181.3% over ten years.
Over the whole period, net secondary income in Mongolia peaked at 434.12 million BoP, current US$ in 2022 and was at its lowest, -400,000 BoP, current US$, in 1984.
Mongolia ranks 93rd of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net secondary income in Mongolia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1981 | -100,000 BoP, current US$ | — |
| 1982 | -100,000 BoP, current US$ | -0.0% |
| 1983 | -100,000 BoP, current US$ | -0.0% |
| 1984 | -400,000 BoP, current US$ | +300.0% |
| 1985 | -100,000 BoP, current US$ | -75.0% |
| 1986 | -200,000 BoP, current US$ | +100.0% |
| 1987 | -300,000 BoP, current US$ | +50.0% |
| 1988 | -300,000 BoP, current US$ | -0.0% |
| 1989 | 3.90 million BoP, current US$ | -1400.0% |
| 1990 | 7.40 million BoP, current US$ | +89.7% |
| 1991 | 41.60 million BoP, current US$ | +462.2% |
| 1992 | 35.20 million BoP, current US$ | -15.4% |
| 1993 | 70.90 million BoP, current US$ | +101.4% |
| 1994 | 77.80 million BoP, current US$ | +9.7% |
| 1995 | 77.10 million BoP, current US$ | -0.9% |
| 1996 | 69.80 million BoP, current US$ | -9.5% |
| 1997 | 51.90 million BoP, current US$ | -25.6% |
| 1998 | 55.70 million BoP, current US$ | +7.3% |
| 1999 | 69.20 million BoP, current US$ | +24.2% |
| 2000 | 94.31 million BoP, current US$ | +36.3% |
| 2001 | 132.44 million BoP, current US$ | +40.4% |
| 2002 | 137.55 million BoP, current US$ | +3.9% |
| 2003 | 161.53 million BoP, current US$ | +17.4% |
| 2004 | 269.45 million BoP, current US$ | +66.8% |
| 2005 | 225.20 million BoP, current US$ | -16.4% |
| 2006 | 211.44 million BoP, current US$ | -6.1% |
| 2007 | 212.31 million BoP, current US$ | +0.4% |
| 2008 | 220.68 million BoP, current US$ | +3.9% |
| 2009 | 185.66 million BoP, current US$ | -15.9% |
| 2010 | 187.00 million BoP, current US$ | +0.7% |
| 2011 | 248.32 million BoP, current US$ | +32.8% |
| 2012 | 241.79 million BoP, current US$ | -2.6% |
| 2013 | 148.93 million BoP, current US$ | -38.4% |
| 2014 | 149.68 million BoP, current US$ | +0.5% |
| 2015 | 174.06 million BoP, current US$ | +16.3% |
| 2016 | 212.07 million BoP, current US$ | +21.8% |
| 2017 | 179.54 million BoP, current US$ | -15.3% |
| 2018 | 284.22 million BoP, current US$ | +58.3% |
| 2019 | 240.70 million BoP, current US$ | -15.3% |
| 2020 | 273.31 million BoP, current US$ | +13.6% |
| 2021 | 429.12 million BoP, current US$ | +57.0% |
| 2022 | 434.12 million BoP, current US$ | +1.2% |
| 2023 | 397.64 million BoP, current US$ | -8.4% |
| 2024 | 421.06 million BoP, current US$ | +5.9% |
Mongolia compared with similar countries
- Mongolia's 421.06 million BoP, current US$ is below the median for upper middle income countries, which is 1.08 billion BoP, current US$, 39% of the median. (57 countries reporting)
- Mongolia's 421.06 million BoP, current US$ is above the median for East Asia & Pacific, which is 124.43 million BoP, current US$, 3.4× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Net secondary income in Mongolia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1989 | +1400.0% | -300,000 BoP, current US$ | 3.90 million BoP, current US$ |
| 1991 | +462.2% | 7.40 million BoP, current US$ | 41.60 million BoP, current US$ |
| 1984 | -300.0% | -100,000 BoP, current US$ | -400,000 BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 255,556 BoP, current US$ | -400,000 BoP, current US$ | 3.90 million BoP, current US$ | 9 |
| 1990s | 55.66 million BoP, current US$ | 7.40 million BoP, current US$ | 77.80 million BoP, current US$ | 10 |
| 2000s | 185.06 million BoP, current US$ | 94.31 million BoP, current US$ | 269.45 million BoP, current US$ | 10 |
| 2010s | 206.63 million BoP, current US$ | 148.93 million BoP, current US$ | 284.22 million BoP, current US$ | 10 |
| 2020s | 391.05 million BoP, current US$ | 273.31 million BoP, current US$ | 434.12 million BoP, current US$ | 5 |
Countries ranked near Mongolia
- 90 Montenegro 460.95 million BoP, current US$ compare
- 91 Iran 457.00 million BoP, current US$ compare
- 92 Malawi 454.65 million BoP, current US$ compare
- 94 Niger 420.92 million BoP, current US$ compare
- 95 Laos 390.44 million BoP, current US$ compare
- 96 Sierra Leone 387.60 million BoP, current US$ 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$), annual growth rate 27.16 % change on previous year (2025)
Frequently asked questions
- What is net secondary income in Mongolia?
- Net secondary income in Mongolia was 421.06 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net secondary income recorded in Mongolia?
- The highest recorded value was 434.12 million BoP, current US$ in 2022.
- What is the lowest net secondary income recorded in Mongolia?
- The lowest recorded value was -400,000 BoP, current US$ in 1984.
- How does Mongolia rank for net secondary income?
- Mongolia ranks 93rd out of 200 countries with data for 2024.
- Is net secondary income rising or falling in Mongolia?
- Over the last ten years it is up 181.3%. 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 secondary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. 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.