Debt service on external debt, public and publicly guaranteed (PPG) in Mongolia
Mongolia: Debt service on external debt, public and publicly guaranteed (PPG) was 0.0571 TDS, current US$ per US$ of GDP in 2024. ◆ Volatile
Debt service on external debt, public and publicly guaranteed (PPG) in Mongolia, 1992–2024
Source: Statizoid (derived). Measured in TDS, current US$ per US$ of GDP.
Analysis
Mongolia recorded 0.0571 TDS, current US$ per US$ of GDP for debt service on external debt, public and publicly guaranteed (ppg) in 2024.
That represents a change of down 39.3% on the previous year and up 333.6% over ten years.
Over the whole period, debt service on external debt, public and publicly guaranteed (ppg) in Mongolia peaked at 0.1739 TDS, current US$ per US$ of GDP in 2003 and was at its lowest, 0.0071 TDS, current US$ per US$ of GDP, in 2011.
That places Mongolia 12th out of 122 countries with data for 2024, putting it in the top 10%.
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 | TDS, current US$ per US$ of GDP | Change |
|---|---|---|
| 1992 | 0.0498 TDS, current US$ per US$ of GDP | — |
| 1993 | 0.0289 TDS, current US$ per US$ of GDP | -42.1% |
| 1994 | 0.0465 TDS, current US$ per US$ of GDP | +61.0% |
| 1995 | 0.0283 TDS, current US$ per US$ of GDP | -39.2% |
| 1996 | 0.0313 TDS, current US$ per US$ of GDP | +10.7% |
| 1997 | 0.0519 TDS, current US$ per US$ of GDP | +65.7% |
| 1998 | 0.025 TDS, current US$ per US$ of GDP | -51.8% |
| 1999 | 0.0152 TDS, current US$ per US$ of GDP | -39.0% |
| 2000 | 0.0275 TDS, current US$ per US$ of GDP | +80.1% |
| 2001 | 0.0299 TDS, current US$ per US$ of GDP | +8.8% |
| 2002 | 0.0315 TDS, current US$ per US$ of GDP | +5.6% |
| 2003 | 0.1739 TDS, current US$ per US$ of GDP | +451.9% |
| 2004 | 0.0135 TDS, current US$ per US$ of GDP | -92.2% |
| 2005 | 0.0127 TDS, current US$ per US$ of GDP | -6.3% |
| 2006 | 0.0118 TDS, current US$ per US$ of GDP | -6.6% |
| 2007 | 0.0107 TDS, current US$ per US$ of GDP | -9.1% |
| 2008 | 0.0114 TDS, current US$ per US$ of GDP | +6.4% |
| 2009 | 0.019 TDS, current US$ per US$ of GDP | +66.2% |
| 2010 | 0.0196 TDS, current US$ per US$ of GDP | +3.2% |
| 2011 | 0.0071 TDS, current US$ per US$ of GDP | -63.7% |
| 2012 | 0.0073 TDS, current US$ per US$ of GDP | +2.6% |
| 2013 | 0.0106 TDS, current US$ per US$ of GDP | +45.7% |
| 2014 | 0.0132 TDS, current US$ per US$ of GDP | +23.7% |
| 2015 | 0.0134 TDS, current US$ per US$ of GDP | +1.9% |
| 2016 | 0.0175 TDS, current US$ per US$ of GDP | +30.6% |
| 2017 | 0.0248 TDS, current US$ per US$ of GDP | +41.8% |
| 2018 | 0.0663 TDS, current US$ per US$ of GDP | +167.0% |
| 2019 | 0.0338 TDS, current US$ per US$ of GDP | -49.1% |
| 2020 | 0.0854 TDS, current US$ per US$ of GDP | +152.9% |
| 2021 | 0.0865 TDS, current US$ per US$ of GDP | +1.3% |
| 2022 | 0.1246 TDS, current US$ per US$ of GDP | +44.1% |
| 2023 | 0.094 TDS, current US$ per US$ of GDP | -24.5% |
| 2024 | 0.0571 TDS, current US$ per US$ of GDP | -39.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0346 TDS, current US$ per US$ of GDP | 0.0152 TDS, current US$ per US$ of GDP | 0.0519 TDS, current US$ per US$ of GDP | 8 |
| 2000s | 0.0342 TDS, current US$ per US$ of GDP | 0.0107 TDS, current US$ per US$ of GDP | 0.1739 TDS, current US$ per US$ of GDP | 10 |
| 2010s | 0.0214 TDS, current US$ per US$ of GDP | 0.0071 TDS, current US$ per US$ of GDP | 0.0663 TDS, current US$ per US$ of GDP | 10 |
| 2020s | 0.0895 TDS, current US$ per US$ of GDP | 0.0571 TDS, current US$ per US$ of GDP | 0.1246 TDS, current US$ per US$ of GDP | 5 |
Countries ranked near Mongolia
- 9 Maldives 0.0605 TDS, current US$ per US$ of GDP compare
- 10 Senegal 0.0592 TDS, current US$ per US$ of GDP compare
- 11 Saint Kitts and Nevis 0.0575 TDS, current US$ per US$ of GDP compare
- 13 Montenegro 0.0551 TDS, current US$ per US$ of GDP compare
- 14 Jamaica 0.0509 TDS, current US$ per US$ of GDP compare
- 15 Côte d'Ivoire 0.0499 TDS, current US$ per US$ of GDP 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 0.0571 TDS, current US$ per US$ of GDP 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 0.1739 TDS, current US$ per US$ of GDP in 2003.
- What is the lowest debt service on external debt, public and publicly guaranteed (ppg) recorded in Mongolia?
- The lowest recorded value was 0.0071 TDS, current US$ per US$ of GDP in 2011.
- How does Mongolia rank for debt service on external debt, public and publicly guaranteed (ppg)?
- Mongolia ranks 12th 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 up 333.6%. 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) ÷ GDP (current US$)
Computed from
- Debt service on external debt, public and publicly guaranteed (PPG) International Debt Statistics, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.