PPG, commercial banks in Mongolia
Mongolia: PPG, commercial banks was 2.88 million NFL, current US$ in 2024. ◆ Volatile
PPG, commercial banks in Mongolia, 1992–2024
Source: International Debt Statistics, World Bank (WB). Measured in NFL, current US$.
Analysis
Mongolia recorded 2.88 million NFL, current US$ for ppg, commercial banks in 2024.
The figure is down 96.1% on the previous year and down 48.1% over ten years.
Over the whole period, ppg, commercial banks in Mongolia peaked at 240.47 million NFL, current US$ in 2016 and was at its lowest, -96.32 million NFL, current US$, in 2020.
Mongolia ranks 27th of 116 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
PPG, commercial banks in Mongolia, year by year
| Year | NFL, current US$ | Change |
|---|---|---|
| 1992 | 18.00 million NFL, current US$ | — |
| 1994 | -2.00 million NFL, current US$ | -111.1% |
| 1995 | -5.24 million NFL, current US$ | +161.8% |
| 1996 | -4.00 million NFL, current US$ | -23.6% |
| 1997 | -4.00 million NFL, current US$ | -0.0% |
| 1998 | -3.56 million NFL, current US$ | -11.0% |
| 1999 | -169,000 NFL, current US$ | -95.3% |
| 2000 | -146,000 NFL, current US$ | -13.6% |
| 2014 | 5.56 million NFL, current US$ | -3906.8% |
| 2015 | 91,000 NFL, current US$ | -98.4% |
| 2016 | 240.47 million NFL, current US$ | +264151.6% |
| 2017 | 328,000 NFL, current US$ | -99.9% |
| 2018 | -23.91 million NFL, current US$ | -7390.9% |
| 2019 | -60.05 million NFL, current US$ | +151.1% |
| 2020 | -96.32 million NFL, current US$ | +60.4% |
| 2021 | -60.35 million NFL, current US$ | -37.3% |
| 2022 | -330,000 NFL, current US$ | -99.5% |
| 2023 | 74.64 million NFL, current US$ | -22718.5% |
| 2024 | 2.88 million NFL, current US$ | -96.1% |
Mongolia compared with similar countries
- Mongolia's 2.88 million NFL, current US$ is above the median for upper middle income countries, which is -4.15 million NFL, current US$. (51 countries reporting)
- Mongolia's 2.88 million NFL, current US$ is above the median for East Asia & Pacific, which is -2.73 million NFL, current US$. (13 countries reporting)
Biggest year-on-year movements
Years where PPG, commercial banks in Mongolia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2016 | +264151.6% | 91,000 NFL, current US$ | 240.47 million NFL, current US$ |
| 2023 | +22718.5% | -330,000 NFL, current US$ | 74.64 million NFL, current US$ |
| 2018 | -7390.9% | 328,000 NFL, current US$ | -23.91 million NFL, current US$ |
| 2014 | +3906.8% | -146,000 NFL, current US$ | 5.56 million NFL, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -137,571 NFL, current US$ | -5.24 million NFL, current US$ | 18.00 million NFL, current US$ | 7 |
| 2000s | -146,000 NFL, current US$ | -146,000 NFL, current US$ | -146,000 NFL, current US$ | 1 |
| 2010s | 27.08 million NFL, current US$ | -60.05 million NFL, current US$ | 240.47 million NFL, current US$ | 6 |
| 2020s | -15.90 million NFL, current US$ | -96.32 million NFL, current US$ | 74.64 million NFL, current US$ | 5 |
Countries ranked near Mongolia
- 24 Madagascar 22.92 million NFL, current US$ compare
- 25 Liberia 21.35 million NFL, current US$ compare
- 26 Ethiopia 8.86 million NFL, current US$ compare
- 28 Grenada 698,000 NFL, current US$ compare
- 29 Sri Lanka 84,000 NFL, current US$ compare
- 30 Congo 0 NFL, current US$ compare
- 30 Eswatini 0 NFL, current US$ compare
- 30 Lebanon 0 NFL, current US$ compare
- 30 Sudan 0 NFL, current US$ compare
- 30 Syria 0 NFL, current US$ compare
- 30 Tajikistan 0 NFL, current US$ compare
- 30 Zimbabwe 0 NFL, current US$ 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 ppg, commercial banks in Mongolia?
- Ppg, commercial banks in Mongolia was 2.88 million NFL, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest ppg, commercial banks recorded in Mongolia?
- The highest recorded value was 240.47 million NFL, current US$ in 2016.
- What is the lowest ppg, commercial banks recorded in Mongolia?
- The lowest recorded value was -96.32 million NFL, current US$ in 2020.
- How does Mongolia rank for ppg, commercial banks?
- Mongolia ranks 27th out of 116 countries with data for 2024.
- Is ppg, commercial banks rising or falling in Mongolia?
- Over the last ten years it is down 48.1%. 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 PPG, commercial banks (NFL, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Public and publicly guaranteed commercial bank loans from private banks and other private financial institutions. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Data are in current U.S. dollars.