Gross debt, General government, Percent of GDP (Gross Percent GDP) in Mongolia
Mongolia: Gross debt, General government, Percent of GDP (Gross Percent GDP) was 59.93 in 2030. ▲ Rising
Gross debt, General government, Percent of GDP in Mongolia, 2007–2030
Source: International Monetary Fund.
Analysis
Mongolia recorded 59.93 for gross debt, general government, percent of gdp in 2030.
That represents a change of up 2.5% on the previous year and down 28.1% over ten years.
Over the whole period, gross debt, general government, percent of gdp in Mongolia peaked at 86.9 in 2017 and was at its lowest, 30.98, in 2010.
Mongolia ranks 75th of 193 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Gross debt, General government, Percent of GDP (Gross Percent GDP) in Mongolia, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 36.11 | — |
| 2008 | 30.99 | -14.2% |
| 2009 | 48.54 | +56.6% |
| 2010 | 30.98 | -36.2% |
| 2011 | 32.65 | +5.4% |
| 2012 | 43.69 | +33.8% |
| 2013 | 49.42 | +13.1% |
| 2014 | 43.96 | -11.0% |
| 2015 | 50.55 | +15.0% |
| 2016 | 78.68 | +55.7% |
| 2017 | 86.9 | +10.4% |
| 2018 | 76.54 | -11.9% |
| 2019 | 66.84 | -12.7% |
| 2020 | 83.39 | +24.8% |
| 2021 | 67.36 | -19.2% |
| 2022 | 64.57 | -4.1% |
| 2023 | 46.7 | -27.7% |
| 2024 | 44.06 | -5.7% |
| 2025 | 46.57 | +5.7% |
| 2026 | 49.73 | +6.8% |
| 2027 | 53.03 | +6.6% |
| 2028 | 56.06 | +5.7% |
| 2029 | 58.48 | +4.3% |
| 2030 | 59.93 | +2.5% |
Mongolia compared with similar countries
- Mongolia's 59.93 is above the median for upper middle income countries, which is 56.49, 1.1× the median. (56 countries reporting)
- Mongolia's 59.93 is above the median for East Asia & Pacific, which is 41.53, 1.4× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 38.55 | 30.99 | 48.54 | 3 |
| 2010s | 56.02 | 30.98 | 86.9 | 10 |
| 2020s | 57 | 44.06 | 83.39 | 10 |
| 2030s | 59.93 | 59.93 | 59.93 | 1 |
Countries ranked near Mongolia
More external debt data for Mongolia
- Net financial flows, IBRD 12.58 million NFL, current US$ (2025)
- 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)
- 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, IDA (NFL, current US$), per square kilometre 6.69 NFL, current US$ per square kilometre (2023)
- Use of IMF credit 241.63 million DOD, current US$ (2025)
- External debt stocks, public and publicly guaranteed (PPG) 11.40 billion DOD, current US$ (2025)
- External debt stocks, long-term 38.69 billion DOD, current US$ (2025)
Frequently asked questions
- What is gross debt, general government, percent of gdp in Mongolia?
- Gross debt, general government, percent of gdp in Mongolia was 59.93 in 2030, according to International Monetary Fund.
- What is the highest gross debt, general government, percent of gdp recorded in Mongolia?
- The highest recorded value was 86.9 in 2017.
- What is the lowest gross debt, general government, percent of gdp recorded in Mongolia?
- The lowest recorded value was 30.98 in 2010.
- How does Mongolia rank for gross debt, general government, percent of gdp?
- Mongolia ranks 75th out of 193 countries with data for 2030.
- Is gross debt, general government, percent of gdp rising or falling in Mongolia?
- Over the last ten years it is down 28.1%. The long-run trend across the full record is rising.
- Where does this Mongolia data come from?
- The figures come from International Monetary Fund, published as part of Gross debt, General government, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Fiscal Monitor (FM) 2025 October