External debt stocks, short-term in Mongolia
Mongolia: External debt stocks, short-term was 2.35 billion DOD, current US$ in 2024. ◆ Volatile
External debt stocks, short-term in Mongolia, 1992–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
In 2024, external debt stocks, short-term in Mongolia stood at 2.35 billion DOD, current US$.
Compared with earlier readings it is up 22.7% on the previous year and down 1.1% over ten years.
Over the whole period, external debt stocks, short-term in Mongolia peaked at 3.16 billion DOD, current US$ in 2017 and was at its lowest, 3.52 million DOD, current US$, in 1994.
That places Mongolia 47th out of 122 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External debt stocks, short-term in Mongolia, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1992 | 59.16 million DOD, current US$ | — |
| 1993 | 12.76 million DOD, current US$ | -78.4% |
| 1994 | 3.52 million DOD, current US$ | -72.4% |
| 1995 | 11.65 million DOD, current US$ | +231.1% |
| 1996 | 4.78 million DOD, current US$ | -59.0% |
| 1997 | 25.33 million DOD, current US$ | +429.8% |
| 1998 | 28.37 million DOD, current US$ | +12.0% |
| 1999 | 21.61 million DOD, current US$ | -23.8% |
| 2000 | 12.82 million DOD, current US$ | -40.7% |
| 2001 | 14.39 million DOD, current US$ | +12.2% |
| 2002 | 44.23 million DOD, current US$ | +207.4% |
| 2003 | 285.19 million DOD, current US$ | +544.7% |
| 2004 | 167.00 million DOD, current US$ | -41.4% |
| 2005 | 25.00 million DOD, current US$ | -85.0% |
| 2006 | 26.79 million DOD, current US$ | +7.2% |
| 2007 | 58.10 million DOD, current US$ | +116.9% |
| 2008 | 69.62 million DOD, current US$ | +19.8% |
| 2009 | 248.18 million DOD, current US$ | +256.5% |
| 2010 | 365.50 million DOD, current US$ | +47.3% |
| 2011 | 583.27 million DOD, current US$ | +59.6% |
| 2012 | 902.57 million DOD, current US$ | +54.7% |
| 2013 | 1.56 billion DOD, current US$ | +73.2% |
| 2014 | 2.37 billion DOD, current US$ | +51.9% |
| 2015 | 2.44 billion DOD, current US$ | +2.6% |
| 2016 | 2.59 billion DOD, current US$ | +6.3% |
| 2017 | 3.16 billion DOD, current US$ | +22.2% |
| 2018 | 3.12 billion DOD, current US$ | -1.4% |
| 2019 | 2.89 billion DOD, current US$ | -7.3% |
| 2020 | 1.28 billion DOD, current US$ | -55.7% |
| 2021 | 1.42 billion DOD, current US$ | +10.6% |
| 2022 | 1.92 billion DOD, current US$ | +35.3% |
| 2023 | 1.91 billion DOD, current US$ | -0.2% |
| 2024 | 2.35 billion DOD, current US$ | +22.7% |
Mongolia compared with similar countries
- Mongolia's 2.35 billion DOD, current US$ is below the median for upper middle income countries, which is 2.37 billion DOD, current US$, 99% of the median. (52 countries reporting)
- Mongolia's 2.35 billion DOD, current US$ is above the median for East Asia & Pacific, which is 1.08 billion DOD, current US$, 2.2× the median. (16 countries reporting)
Biggest year-on-year movements
Years where External debt stocks, short-term in Mongolia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +544.7% | 44.23 million DOD, current US$ | 285.19 million DOD, current US$ |
| 1997 | +429.8% | 4.78 million DOD, current US$ | 25.33 million DOD, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 20.90 million DOD, current US$ | 3.52 million DOD, current US$ | 59.16 million DOD, current US$ | 8 |
| 2000s | 95.13 million DOD, current US$ | 12.82 million DOD, current US$ | 285.19 million DOD, current US$ | 10 |
| 2010s | 2.00 billion DOD, current US$ | 365.50 million DOD, current US$ | 3.16 billion DOD, current US$ | 10 |
| 2020s | 1.78 billion DOD, current US$ | 1.28 billion DOD, current US$ | 2.35 billion DOD, current US$ | 5 |
Countries ranked near Mongolia
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 external debt stocks, short-term in Mongolia?
- External debt stocks, short-term in Mongolia was 2.35 billion DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks, short-term recorded in Mongolia?
- The highest recorded value was 3.16 billion DOD, current US$ in 2017.
- What is the lowest external debt stocks, short-term recorded in Mongolia?
- The lowest recorded value was 3.52 million DOD, current US$ in 1994.
- How does Mongolia rank for external debt stocks, short-term?
- Mongolia ranks 47th out of 122 countries with data for 2024.
- Is external debt stocks, short-term rising or falling in Mongolia?
- Over the last ten years it is down 1.1%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of External debt stocks, short-term (DOD, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Data are in current U.S. dollars.