Personal remittances, paid in Mongolia
Mongolia: Personal remittances, paid was 187.47 million current US$ in 2024. ◆ Volatile
Personal remittances, paid in Mongolia, 1998–2024
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
The most recent figure for personal remittances, paid in Mongolia is 187.47 million current US$, measured in 2024.
Compared with earlier readings it is up 15.3% on the previous year and down 44.4% over ten years.
Over the whole period, personal remittances, paid in Mongolia peaked at 531.38 million current US$ in 2012 and was at its lowest, 1.89 million current US$, in 1999.
Mongolia ranks 113th of 194 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.44 million current US$ | 1.89 million current US$ | 3.00 million current US$ | 2 |
| 2000s | 55.85 million current US$ | 4.60 million current US$ | 172.19 million current US$ | 10 |
| 2010s | 282.28 million current US$ | 169.10 million current US$ | 531.38 million current US$ | 10 |
| 2020s | 153.75 million current US$ | 128.98 million current US$ | 187.47 million current US$ | 5 |
Countries ranked near Mongolia
More economy & growth data for Mongolia
- External balance on goods and services as a percent of gdp 5.43 (2025)
- Inflation of consumer prices 8.61 (2025)
- Gdp per capita worldbank constant usd 4,882 (2025)
- Manufacturing value added to gdp 5.88 (2025)
- Gdp worldbank constant usd 17.42 billion (2025)
- Gdp per capita in international and market dollars 4,882 (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 personal remittances, paid in Mongolia?
- Personal remittances, paid in Mongolia was 187.47 million current US$ in 2024, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, paid recorded in Mongolia?
- The highest recorded value was 531.38 million current US$ in 2012.
- What is the lowest personal remittances, paid recorded in Mongolia?
- The lowest recorded value was 1.89 million current US$ in 1999.
- How does Mongolia rank for personal remittances, paid?
- Mongolia ranks 113th out of 194 countries with data for 2024.
- Is personal remittances, paid rising or falling in Mongolia?
- Over the last ten years it is down 44.4%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, paid (current US$). Statizoid updates them automatically from the source API.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.