Volume of remittances (in United States dollars) … total in Mongolia
Mongolia: Volume of remittances (in United States dollars) … total was 2.2% in 2024. ◆ Volatile
Volume of remittances (in United States dollars) as a proportion of in Mongolia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Mongolia recorded 2.2% for volume of remittances (in united states dollars) as a proportion of in 2024.
The figure is down 1.0% on the previous year and up 6.3% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Mongolia peaked at 10.2% in 2004 and was at its lowest, 0.1%, in 2000.
Mongolia ranks 109th of 205 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.
Volume of remittances (in United States dollars) … total in Mongolia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 0.1% | — |
| 2001 | 2.1% | +2072.5% |
| 2002 | 4.9% | +133.7% |
| 2003 | 5.0% | +1.1% |
| 2004 | 10.2% | +104.4% |
| 2005 | 7.0% | -31.0% |
| 2006 | 4.5% | -35.2% |
| 2007 | 4.2% | -7.5% |
| 2008 | 4.0% | -5.0% |
| 2009 | 4.4% | +9.0% |
| 2010 | 3.7% | -15.0% |
| 2011 | 2.4% | -35.2% |
| 2012 | 2.6% | +9.8% |
| 2013 | 2.0% | -22.4% |
| 2014 | 2.1% | +2.1% |
| 2015 | 2.2% | +7.6% |
| 2016 | 2.3% | +3.5% |
| 2017 | 2.4% | +2.4% |
| 2018 | 3.3% | +40.4% |
| 2019 | 3.9% | +18.1% |
| 2020 | 4.1% | +4.4% |
| 2021 | 3.1% | -25.2% |
| 2022 | 2.3% | -24.5% |
| 2023 | 2.2% | -3.8% |
| 2024 | 2.2% | -1.0% |
Mongolia compared with similar countries
- Mongolia's 2.2% is below the median for upper middle income countries, which is 3.6%, 61% of the median. (53 countries reporting)
- Mongolia's 2.2% is below the median for East Asia & Pacific, which is 3.8%, 59% of the median. (28 countries reporting)
Biggest year-on-year movements
Years where Volume of remittances (in United States dollars) … total 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 |
|---|---|---|---|
| 2001 | +2072.5% | 0.1% | 2.1% |
| 2002 | +133.7% | 2.1% | 4.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.6% | 0.1% | 10.2% | 10 |
| 2010s | 2.7% | 2.0% | 3.9% | 10 |
| 2020s | 2.8% | 2.2% | 4.1% | 5 |
Countries ranked near Mongolia
- 106 Bulgaria 2.3% compare
- 107 Bolivia (Plurinational State of) 2.3% compare
- 108 Belgium 2.3% compare
- 110 Slovakia 2.1% compare
- 111 Côte d'Ivoire 2.0% compare
- 111 Cote d'Ivoire 2.0% compare
More economy & growth data for Mongolia
- Real gdp growth, annual growth rate 33.62 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate -2.15 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0035 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 24.74 units per person (2025)
- SDRs holdings, SDR, annual growth rate -6.82 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0025 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 18.07 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -22.42 % change on previous year (2025)
Frequently asked questions
- What is volume of remittances (in united states dollars) as a proportion of in Mongolia?
- Volume of remittances (in united states dollars) as a proportion of in Mongolia was 2.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Mongolia?
- The highest recorded value was 10.2% in 2004.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Mongolia?
- The lowest recorded value was 0.1% in 2000.
- How does Mongolia rank for volume of remittances (in united states dollars) as a proportion of?
- Mongolia ranks 109th out of 205 countries with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Mongolia?
- Over the last ten years it is up 6.3%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
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