Net foreign assets in Mongolia
Mongolia: Net foreign assets was 8.60 trillion current LCU in 2024. ◆ Volatile
Net foreign assets in Mongolia, 1991–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net foreign assets in Mongolia is 8.60 trillion current LCU, measured in 2024.
The figure is down 1.7% on the previous year and up 525.5% over ten years.
Over the whole period, net foreign assets in Mongolia peaked at 8.75 trillion current LCU in 2023 and was at its lowest, -4.60 trillion current LCU, in 2016.
Mongolia ranks 31st of 187 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net foreign assets in Mongolia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1991 | -1.73 billion current LCU | — |
| 1992 | -4.17 billion current LCU | +141.2% |
| 1993 | 14.43 billion current LCU | -446.4% |
| 1994 | 17.92 billion current LCU | +24.2% |
| 1995 | 43.04 billion current LCU | +140.2% |
| 1996 | 60.09 billion current LCU | +39.6% |
| 1997 | 125.72 billion current LCU | +109.2% |
| 1998 | 76.88 billion current LCU | -38.9% |
| 1999 | 145.47 billion current LCU | +89.2% |
| 2000 | 197.84 billion current LCU | +36.0% |
| 2001 | 219.92 billion current LCU | +11.2% |
| 2002 | 309.26 billion current LCU | +40.6% |
| 2003 | 271.00 billion current LCU | -12.4% |
| 2004 | 325.64 billion current LCU | +20.2% |
| 2005 | 594.12 billion current LCU | +82.4% |
| 2006 | 1.19 trillion current LCU | +100.4% |
| 2007 | 1.38 trillion current LCU | +15.7% |
| 2008 | 680.77 billion current LCU | -50.6% |
| 2009 | 1.52 trillion current LCU | +122.7% |
| 2010 | 2.72 trillion current LCU | +79.6% |
| 2011 | 3.05 trillion current LCU | +11.9% |
| 2012 | 4.35 trillion current LCU | +42.9% |
| 2013 | 767.68 billion current LCU | -82.4% |
| 2014 | -2.02 trillion current LCU | -363.4% |
| 2015 | -4.19 trillion current LCU | +107.0% |
| 2016 | -4.60 trillion current LCU | +10.0% |
| 2017 | -1.24 trillion current LCU | -73.2% |
| 2018 | 265.58 billion current LCU | -121.5% |
| 2019 | 3.01 trillion current LCU | +1031.9% |
| 2020 | 5.54 trillion current LCU | +84.4% |
| 2021 | 3.54 trillion current LCU | -36.1% |
| 2022 | 2.20 trillion current LCU | -38.0% |
| 2023 | 8.75 trillion current LCU | +298.4% |
| 2024 | 8.60 trillion current LCU | -1.7% |
Mongolia compared with similar countries
- Mongolia's 8.60 trillion current LCU is above the median for upper middle income countries, which is 276.97 billion current LCU, 31.1× the median. (55 countries reporting)
- Mongolia's 8.60 trillion current LCU is above the median for East Asia & Pacific, which is 348.82 billion current LCU, 24.7× the median. (26 countries reporting)
Biggest year-on-year movements
Years where Net foreign assets 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 |
|---|---|---|---|
| 2019 | +1031.9% | 265.58 billion current LCU | 3.01 trillion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 53.07 billion current LCU | -4.17 billion current LCU | 145.47 billion current LCU | 9 |
| 2000s | 668.24 billion current LCU | 197.84 billion current LCU | 1.52 trillion current LCU | 10 |
| 2010s | 211.41 billion current LCU | -4.60 trillion current LCU | 4.35 trillion current LCU | 10 |
| 2020s | 5.73 trillion current LCU | 2.20 trillion current LCU | 8.75 trillion current LCU | 5 |
Countries ranked near Mongolia
- 28 Thailand 9.51 trillion current LCU compare
- 29 Algeria 9.11 trillion current LCU compare
- 30 Cote d'Ivoire 8.73 trillion current LCU compare
- 32 Costa Rica 8.46 trillion current LCU compare
- 33 Philippines 7.36 trillion current LCU compare
- 34 Laos 6.26 trillion current LCU compare
More financial sector data for Mongolia
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0003 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 2.13 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0002 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 1.55 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0003 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 2.13 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is net foreign assets in Mongolia?
- Net foreign assets in Mongolia was 8.60 trillion current LCU in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net foreign assets recorded in Mongolia?
- The highest recorded value was 8.75 trillion current LCU in 2023.
- What is the lowest net foreign assets recorded in Mongolia?
- The lowest recorded value was -4.60 trillion current LCU in 2016.
- How does Mongolia rank for net foreign assets?
- Mongolia ranks 31st out of 187 countries with data for 2024.
- Is net foreign assets rising or falling in Mongolia?
- Over the last ten years it is up 525.5%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Net foreign assets (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.