Multilateral debt service in Mongolia
Mongolia: Multilateral debt service was 23.4% in 2024. ◆ Volatile
Multilateral debt service in Mongolia, 1992–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of public and publicly guaranteed debt service.
Analysis
In 2024, multilateral debt service in Mongolia stood at 23.4%.
That represents a change of up 76.3% on the previous year and down 12.2% over ten years.
Over the whole period, multilateral debt service in Mongolia peaked at 44.8% in 2011 and was at its lowest, 0.5%, in 1992.
Mongolia ranks 95th of 123 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Multilateral debt service in Mongolia, year by year
| Year | % of public and publicly guaranteed debt service | Change |
|---|---|---|
| 1992 | 0.5% | — |
| 1993 | 2.4% | +348.6% |
| 1994 | 9.3% | +296.2% |
| 1995 | 2.8% | -70.1% |
| 1996 | 3.7% | +33.2% |
| 1997 | 3.3% | -11.4% |
| 1998 | 9.8% | +197.8% |
| 1999 | 21.9% | +122.8% |
| 2000 | 13.1% | -40.2% |
| 2001 | 10.8% | -17.3% |
| 2002 | 13.5% | +25.0% |
| 2003 | 2.6% | -80.5% |
| 2004 | 40.6% | +1440.2% |
| 2005 | 41.1% | +1.2% |
| 2006 | 38.6% | -6.1% |
| 2007 | 40.7% | +5.5% |
| 2008 | 38.5% | -5.3% |
| 2009 | 29.9% | -22.4% |
| 2010 | 20.5% | -31.2% |
| 2011 | 44.8% | +118.4% |
| 2012 | 43.3% | -3.5% |
| 2013 | 30.7% | -29.1% |
| 2014 | 26.6% | -13.3% |
| 2015 | 28.4% | +6.8% |
| 2016 | 24.1% | -15.3% |
| 2017 | 18.2% | -24.3% |
| 2018 | 8.1% | -55.5% |
| 2019 | 19.5% | +141.2% |
| 2020 | 10.7% | -45.0% |
| 2021 | 11.1% | +3.7% |
| 2022 | 7.7% | -30.9% |
| 2023 | 13.3% | +72.0% |
| 2024 | 23.4% | +76.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.7% | 0.5% | 21.9% | 8 |
| 2000s | 26.9% | 2.6% | 41.1% | 10 |
| 2010s | 26.4% | 8.1% | 44.8% | 10 |
| 2020s | 13.2% | 7.7% | 23.4% | 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 multilateral debt service in Mongolia?
- Multilateral debt service in Mongolia was 23.4% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest multilateral debt service recorded in Mongolia?
- The highest recorded value was 44.8% in 2011.
- What is the lowest multilateral debt service recorded in Mongolia?
- The lowest recorded value was 0.5% in 1992.
- How does Mongolia rank for multilateral debt service?
- Mongolia ranks 95th out of 123 countries with data for 2024.
- Is multilateral debt service rising or falling in Mongolia?
- Over the last ten years it is down 12.2%. 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 Multilateral debt service (% of public and publicly guaranteed debt service). Statizoid updates them automatically from the source API.
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About this data
Multilateral debt service is the repayment of principal and interest to the World Bank, regional development banks, and other multilateral agencies. public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity.