Personal remittances, received (current US$), annual growth rate in Mongolia
Mongolia: Personal remittances, received (current US$), annual growth rate was 15.91 % change on previous year in 2024. ◆ Volatile
Personal remittances, received (current US$), annual growth rate in Mongolia, 1999–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, personal remittances, received (current us$), annual growth rate in Mongolia stood at 15.91 % change on previous year.
The figure is up 13.3% on the previous year and up 2,131.7% over ten years.
Over the whole period, personal remittances, received (current us$), annual growth rate in Mongolia peaked at 157.44 % change on previous year in 2002 and was at its lowest, -86.01 % change on previous year, in 2000.
Mongolia ranks 41st of 192 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, received (current US$), annual growth rate in Mongolia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1999 | 43.16 % change on previous year | — |
| 2000 | -86.01 % change on previous year | -299.3% |
| 2002 | 157.44 % change on previous year | -283.0% |
| 2003 | 15.52 % change on previous year | -90.1% |
| 2004 | 155.19 % change on previous year | +900.1% |
| 2005 | -12.62 % change on previous year | -108.1% |
| 2006 | -12.3 % change on previous year | -2.6% |
| 2007 | 14.72 % change on previous year | -219.7% |
| 2008 | 26.16 % change on previous year | +77.7% |
| 2009 | -11.12 % change on previous year | -142.5% |
| 2010 | 33.38 % change on previous year | -400.1% |
| 2011 | -6.23 % change on previous year | -118.7% |
| 2012 | 29.72 % change on previous year | -576.7% |
| 2013 | -20.6 % change on previous year | -169.3% |
| 2014 | -0.7829 % change on previous year | -96.2% |
| 2015 | 2.27 % change on previous year | -389.8% |
| 2016 | -0.3967 % change on previous year | -117.5% |
| 2017 | 5.19 % change on previous year | -1408.5% |
| 2018 | 61.16 % change on previous year | +1078.3% |
| 2019 | 27.32 % change on previous year | -55.3% |
| 2020 | -2.16 % change on previous year | -107.9% |
| 2021 | -14.15 % change on previous year | +556.2% |
| 2022 | -15.27 % change on previous year | +7.9% |
| 2023 | 14.04 % change on previous year | -192.0% |
| 2024 | 15.91 % change on previous year | +13.3% |
Mongolia compared with similar countries
- Mongolia's 15.91 % change on previous year is above the median for upper middle income countries, which is 4.98 % change on previous year, 3.2× the median. (55 countries reporting)
- Mongolia's 15.91 % change on previous year is above the median for East Asia & Pacific, which is 2.57 % change on previous year, 6.2× the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 43.16 % change on previous year | 43.16 % change on previous year | 43.16 % change on previous year | 1 |
| 2000s | 27.44 % change on previous year | -86.01 % change on previous year | 157.44 % change on previous year | 9 |
| 2010s | 13.1 % change on previous year | -20.6 % change on previous year | 61.16 % change on previous year | 10 |
| 2020s | -0.3264 % change on previous year | -15.27 % change on previous year | 15.91 % change on previous year | 5 |
Countries ranked near Mongolia
- 38 Kuwait 17.36 % change on previous year compare
- 39 Bermuda 16 % change on previous year compare
- 40 Pakistan 15.94 % change on previous year compare
- 42 Burundi 15.27 % change on previous year compare
- 43 Namibia 15.06 % change on previous year compare
- 44 Ireland 14.97 % change on previous year 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$), annual growth rate 27.16 % change on previous year (2025)
Frequently asked questions
- What is personal remittances, received (current us$), annual growth rate in Mongolia?
- Personal remittances, received (current us$), annual growth rate in Mongolia was 15.91 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest personal remittances, received (current us$), annual growth rate recorded in Mongolia?
- The highest recorded value was 157.44 % change on previous year in 2002.
- What is the lowest personal remittances, received (current us$), annual growth rate recorded in Mongolia?
- The lowest recorded value was -86.01 % change on previous year in 2000.
- How does Mongolia rank for personal remittances, received (current us$), annual growth rate?
- Mongolia ranks 41st out of 192 countries with data for 2024.
- Is personal remittances, received (current us$), annual growth rate rising or falling in Mongolia?
- Over the last ten years it is up 2,131.7%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from Statizoid (derived), published as part of Personal remittances, received (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Personal remittances, received (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Personal remittances, received IMF balance of payments data, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Personal remittances, received (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.