Debt service on external debt, public and publicly guaranteed (PPG) in Mongolia
Mongolia: Debt service on external debt, public and publicly guaranteed (PPG) was -28.92 % change on previous year in 2024. ◆ Volatile
Debt service on external debt, public and publicly guaranteed (PPG) in Mongolia, 1993–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Mongolia recorded -28.92 % change on previous year for debt service on external debt, public and publicly guaranteed (ppg) in 2024.
Compared with earlier readings it is down 174.0% on the previous year and down 243.2% over ten years.
Over the whole period, debt service on external debt, public and publicly guaranteed (ppg) in Mongolia peaked at 530.45 % change on previous year in 2003 and was at its lowest, -90.31 % change on previous year, in 2004.
That places Mongolia 113th out of 122 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service on external debt, public and publicly guaranteed (PPG) in Mongolia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1993 | -66.21 % change on previous year | — |
| 1994 | 94 % change on previous year | -242.0% |
| 1995 | -4.67 % change on previous year | -105.0% |
| 1996 | 2.6 % change on previous year | -155.7% |
| 1997 | 45.41 % change on previous year | +1647.6% |
| 1998 | -54.13 % change on previous year | -219.2% |
| 1999 | -42.61 % change on previous year | -21.3% |
| 2000 | 93.64 % change on previous year | -319.7% |
| 2001 | 21.29 % change on previous year | -77.3% |
| 2002 | 16.26 % change on previous year | -23.6% |
| 2003 | 530.45 % change on previous year | +3162.3% |
| 2004 | -90.31 % change on previous year | -117.0% |
| 2005 | 18.72 % change on previous year | -120.7% |
| 2006 | 26.38 % change on previous year | +40.9% |
| 2007 | 12.7 % change on previous year | -51.9% |
| 2008 | 41.31 % change on previous year | +225.2% |
| 2009 | 35.5 % change on previous year | -14.0% |
| 2010 | 61.9 % change on previous year | +74.4% |
| 2011 | -47.43 % change on previous year | -176.6% |
| 2012 | 21.19 % change on previous year | -144.7% |
| 2013 | 49.1 % change on previous year | +131.7% |
| 2014 | 20.2 % change on previous year | -58.9% |
| 2015 | -3.11 % change on previous year | -115.4% |
| 2016 | 25.64 % change on previous year | -924.7% |
| 2017 | 45.55 % change on previous year | +77.6% |
| 2018 | 206.45 % change on previous year | +353.2% |
| 2019 | -45.13 % change on previous year | -121.9% |
| 2020 | 137.03 % change on previous year | -403.6% |
| 2021 | 16.26 % change on previous year | -88.1% |
| 2022 | 61.65 % change on previous year | +279.0% |
| 2023 | -10.55 % change on previous year | -117.1% |
| 2024 | -28.92 % change on previous year | +174.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -3.66 % change on previous year | -66.21 % change on previous year | 94 % change on previous year | 7 |
| 2000s | 70.59 % change on previous year | -90.31 % change on previous year | 530.45 % change on previous year | 10 |
| 2010s | 33.44 % change on previous year | -47.43 % change on previous year | 206.45 % change on previous year | 10 |
| 2020s | 35.09 % change on previous year | -28.92 % change on previous year | 137.03 % change on previous year | 5 |
Countries ranked near Mongolia
- 110 Zimbabwe -26.28 % change on previous year compare
- 111 Chad -26.36 % change on previous year compare
- 112 North Macedonia -28.3 % change on previous year compare
- 114 Sao Tome and Principe -29.14 % change on previous year compare
- 115 Bosnia and Herzegovina -31.39 % change on previous year compare
- 116 China -33.26 % change on previous year compare
More external debt data for Mongolia
- IFC, private nonguaranteed 126.08 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 35.77 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0053 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 50.9 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 6.4% (2024)
- Net financial flows, IDA 5.71 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 1.62 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0002 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 6.13 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 8.0% (2024)
Frequently asked questions
- What is debt service on external debt, public and publicly guaranteed (ppg) in Mongolia?
- Debt service on external debt, public and publicly guaranteed (ppg) in Mongolia was -28.92 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest debt service on external debt, public and publicly guaranteed (ppg) recorded in Mongolia?
- The highest recorded value was 530.45 % change on previous year in 2003.
- What is the lowest debt service on external debt, public and publicly guaranteed (ppg) recorded in Mongolia?
- The lowest recorded value was -90.31 % change on previous year in 2004.
- How does Mongolia rank for debt service on external debt, public and publicly guaranteed (ppg)?
- Mongolia ranks 113th out of 122 countries with data for 2024.
- Is debt service on external debt, public and publicly guaranteed (ppg) rising or falling in Mongolia?
- Over the last ten years it is down 243.2%. 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 Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Debt service on external debt, public and publicly guaranteed (PPG) International Debt Statistics, World Bank (WB)
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 Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.