Financial account balance (assets less liabilities), Net (net) in Mongolia
Mongolia: Financial account balance (assets less liabilities), Net (net) was -2.70 billion in 2024. ◆ Volatile
Financial account balance (assets less liabilities), Net (net) in Mongolia, 2005–2024
Source: International Monetary Fund.
Analysis
Mongolia recorded -2.70 billion for financial account balance (assets less liabilities), net (net) in 2024.
That represents a change of down 13,684.8% on the previous year and down 36.7% over ten years.
Over the whole period, financial account balance (assets less liabilities), net (net) in Mongolia peaked at -19.59 million in 2023 and was at its lowest, -5.05 billion, in 2012.
Mongolia ranks 161st of 197 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Financial account balance (assets less liabilities), Net (net) in Mongolia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -107.06 million | — |
| 2006 | -47.34 million | -55.8% |
| 2007 | -39.53 million | -16.5% |
| 2008 | -1.38 billion | +3393.1% |
| 2009 | -129.76 million | -90.6% |
| 2010 | -793.91 million | +511.8% |
| 2011 | -4.56 billion | +474.9% |
| 2012 | -5.05 billion | +10.6% |
| 2013 | -4.67 billion | -7.4% |
| 2014 | -1.97 billion | -57.8% |
| 2015 | -1.06 billion | -46.5% |
| 2016 | -822.73 million | -22.1% |
| 2017 | -1.13 billion | +37.8% |
| 2018 | -1.98 billion | +74.6% |
| 2019 | -2.22 billion | +12.4% |
| 2020 | -817.10 million | -63.3% |
| 2021 | -2.21 billion | +169.9% |
| 2022 | -2.37 billion | +7.5% |
| 2023 | -19.59 million | -99.2% |
| 2024 | -2.70 billion | +13684.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -340.87 million | -1.38 billion | -39.53 million | 5 |
| 2010s | -2.43 billion | -5.05 billion | -793.91 million | 10 |
| 2020s | -1.62 billion | -2.70 billion | -19.59 million | 5 |
Countries ranked near Mongolia
- 158 Tanzania, United Republic of -2.38 billion compare
- 159 Myanmar -2.42 billion compare
- 160 Mozambique -2.42 billion compare
- 162 Bolivia, Plurinational State of -2.70 billion compare
- 163 Cyprus -2.92 billion compare
- 164 Panama -2.96 billion 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 financial account balance (assets less liabilities), net (net) in Mongolia?
- Financial account balance (assets less liabilities), net (net) in Mongolia was -2.70 billion in 2024, according to International Monetary Fund.
- What is the highest financial account balance (assets less liabilities), net (net) recorded in Mongolia?
- The highest recorded value was -19.59 million in 2023.
- What is the lowest financial account balance (assets less liabilities), net (net) recorded in Mongolia?
- The lowest recorded value was -5.05 billion in 2012.
- How does Mongolia rank for financial account balance (assets less liabilities), net (net)?
- Mongolia ranks 161st out of 197 countries with data for 2024.
- Is financial account balance (assets less liabilities), net (net) rising or falling in Mongolia?
- Over the last ten years it is down 36.7%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from International Monetary Fund, published as part of Financial account balance (assets less liabilities), Net (net acquisition of financial assets less net incurrence of liabilities), Adjusted using IMF accounting records (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.