Personal remittances, paid (current US$), per unit of GDP in Mongolia
Mongolia: Personal remittances, paid (current US$), per unit of GDP was 0.0079 current US$ per US$ of GDP in 2024. ◆ Volatile
Personal remittances, paid (current US$), per unit of GDP in Mongolia, 1998–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for personal remittances, paid (current us$), per unit of gdp in Mongolia is 0.0079 current US$ per US$ of GDP, measured in 2024.
Compared with earlier readings it is down 1.5% on the previous year and down 71.4% over ten years.
Over the whole period, personal remittances, paid (current us$), per unit of gdp in Mongolia peaked at 0.0432 current US$ per US$ of GDP in 2012 and was at its lowest, 0.0018 current US$ per US$ of GDP, in 1999.
Mongolia ranks 99th of 195 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.
Personal remittances, paid (current US$), per unit of GDP in Mongolia, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1998 | 0.0027 current US$ per US$ of GDP | — |
| 1999 | 0.0018 current US$ per US$ of GDP | -33.1% |
| 2000 | 0.004 current US$ per US$ of GDP | +126.6% |
| 2001 | 0.005 current US$ per US$ of GDP | +24.7% |
| 2002 | 0.0118 current US$ per US$ of GDP | +133.7% |
| 2003 | 0.0119 current US$ per US$ of GDP | +1.1% |
| 2004 | 0.0246 current US$ per US$ of GDP | +106.8% |
| 2005 | 0.016 current US$ per US$ of GDP | -35.0% |
| 2006 | 0.0224 current US$ per US$ of GDP | +40.0% |
| 2007 | 0.0213 current US$ per US$ of GDP | -4.9% |
| 2008 | 0.0306 current US$ per US$ of GDP | +43.6% |
| 2009 | 0.0182 current US$ per US$ of GDP | -40.6% |
| 2010 | 0.0235 current US$ per US$ of GDP | +29.2% |
| 2011 | 0.03 current US$ per US$ of GDP | +27.5% |
| 2012 | 0.0432 current US$ per US$ of GDP | +44.1% |
| 2013 | 0.0351 current US$ per US$ of GDP | -18.8% |
| 2014 | 0.0276 current US$ per US$ of GDP | -21.4% |
| 2015 | 0.0196 current US$ per US$ of GDP | -28.9% |
| 2016 | 0.0153 current US$ per US$ of GDP | -21.9% |
| 2017 | 0.0159 current US$ per US$ of GDP | +4.3% |
| 2018 | 0.0165 current US$ per US$ of GDP | +3.2% |
| 2019 | 0.0164 current US$ per US$ of GDP | -0.1% |
| 2020 | 0.011 current US$ per US$ of GDP | -33.3% |
| 2021 | 0.0094 current US$ per US$ of GDP | -14.1% |
| 2022 | 0.0075 current US$ per US$ of GDP | -20.1% |
| 2023 | 0.008 current US$ per US$ of GDP | +6.3% |
| 2024 | 0.0079 current US$ per US$ of GDP | -1.5% |
Mongolia compared with similar countries
- Mongolia's 0.0079 current US$ per US$ of GDP is below the median for upper middle income countries, which is 0.0083 current US$ per US$ of GDP, 95% of the median. (54 countries reporting)
- Mongolia's 0.0079 current US$ per US$ of GDP is below the median for East Asia & Pacific, which is 0.0086 current US$ per US$ of GDP, 92% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0022 current US$ per US$ of GDP | 0.0018 current US$ per US$ of GDP | 0.0027 current US$ per US$ of GDP | 2 |
| 2000s | 0.0166 current US$ per US$ of GDP | 0.004 current US$ per US$ of GDP | 0.0306 current US$ per US$ of GDP | 10 |
| 2010s | 0.0243 current US$ per US$ of GDP | 0.0153 current US$ per US$ of GDP | 0.0432 current US$ per US$ of GDP | 10 |
| 2020s | 0.0088 current US$ per US$ of GDP | 0.0075 current US$ per US$ of GDP | 0.011 current US$ per US$ of GDP | 5 |
Countries ranked near Mongolia
- 96 Honduras 0.0083 current US$ per US$ of GDP compare
- 97 Indonesia 0.0081 current US$ per US$ of GDP compare
- 98 Uzbekistan 0.0079 current US$ per US$ of GDP compare
- 100 Korea 0.0076 current US$ per US$ of GDP compare
- 101 Slovenia 0.0075 current US$ per US$ of GDP compare
- 102 Albania 0.0074 current US$ per US$ of GDP 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$), annual growth rate 27.16 % change on previous year (2025)
Frequently asked questions
- What is personal remittances, paid (current us$), per unit of gdp in Mongolia?
- Personal remittances, paid (current us$), per unit of gdp in Mongolia was 0.0079 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest personal remittances, paid (current us$), per unit of gdp recorded in Mongolia?
- The highest recorded value was 0.0432 current US$ per US$ of GDP in 2012.
- What is the lowest personal remittances, paid (current us$), per unit of gdp recorded in Mongolia?
- The lowest recorded value was 0.0018 current US$ per US$ of GDP in 1999.
- How does Mongolia rank for personal remittances, paid (current us$), per unit of gdp?
- Mongolia ranks 99th out of 195 countries with data for 2024.
- Is personal remittances, paid (current us$), per unit of gdp rising or falling in Mongolia?
- Over the last ten years it is down 71.4%. 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 Personal remittances, paid (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Personal remittances, paid (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Personal remittances, paid (current US$) ÷ GDP (current US$)
Computed from
- Personal remittances, paid IMF balance of payments data, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Personal remittances, paid (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.