Current account balance (credit less debit), Net (credits less debits) in Mongolia
Mongolia: Current account balance (credit less debit), Net (credits less debits) was -2.49 billion in 2024. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Mongolia, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for current account balance (credit less debit), net (credits less debits) in Mongolia is -2.49 billion, measured in 2024.
Compared with earlier readings it is down 2,149.6% on the previous year and down 28.5% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Mongolia peaked at 372.16 million in 2006 and was at its lowest, -5.38 billion, in 2012.
That places Mongolia 157th out of 198 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -80.21 million | -690.74 million | 372.16 million | 5 |
| 2010s | -2.43 billion | -5.38 billion | -699.67 million | 10 |
| 2020s | -1.49 billion | -2.49 billion | 121.27 million | 5 |
Countries ranked near Mongolia
- 154 Niger -2.33 billion compare
- 155 Tanzania, United Republic of -2.38 billion compare
- 156 Yemen -2.42 billion compare
- 158 Mozambique -2.49 billion compare
- 159 Belgium -2.54 billion compare
- 160 South Africa -2.58 billion compare
More financial sector data for Mongolia
- Net domestic credit (current LCU), per capita 10.28 million current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 1,523 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 20.69 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 8.78 million SDR (2025)
- Gold reserves at market value 800.18 million SDR (2025)
- Reserves excluding gold, foreign exchange 4.24 billion SDR (2025)
- Reserves excluding gold 4.31 billion SDR (2025)
- Total reserves (gold at market value) 5.11 billion SDR (2025)
- Total reserves (gold at national valuation) 5.12 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,433 SDR per person (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Mongolia?
- Current account balance (credit less debit), net (credits less debits) in Mongolia was -2.49 billion in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Mongolia?
- The highest recorded value was 372.16 million in 2006.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Mongolia?
- The lowest recorded value was -5.38 billion in 2012.
- How does Mongolia rank for current account balance (credit less debit), net (credits less debits)?
- Mongolia ranks 157th out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Mongolia?
- Over the last ten years it is down 28.5%. 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 Current account balance (credit less debit), Net (credits less debits) (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.