Total reserves in months of imports in Mongolia
Mongolia: Total reserves in months of imports was 3.33 in 2024. ▲ Rising
Total reserves in months of imports in Mongolia, 1992–2024
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
Mongolia recorded 3.33 for total reserves in months of imports in 2024.
The figure is down 8.2% on the previous year and up 38.3% over ten years.
Over the whole period, total reserves in months of imports in Mongolia peaked at 6.11 in 2010 and was at its lowest, 0.5775, in 1992.
That places Mongolia 114th out of 178 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 33 years of available data.
Total reserves in months of imports in Mongolia, year by year
| Year | Value | Change |
|---|---|---|
| 1992 | 0.5775 | — |
| 1993 | 1.86 | +222.7% |
| 1994 | 2.53 | +35.6% |
| 1995 | 3.44 | +36.1% |
| 1996 | 3.22 | -6.3% |
| 1997 | 3.93 | +22.0% |
| 1998 | 1.82 | -53.8% |
| 1999 | 2.49 | +37.3% |
| 2000 | 3.07 | +23.0% |
| 2001 | 2.93 | -4.5% |
| 2002 | 3.32 | +13.4% |
| 2003 | 2.2 | -33.7% |
| 2004 | 1.74 | -21.0% |
| 2005 | 2.45 | +41.0% |
| 2006 | 4.58 | +86.5% |
| 2007 | 4.59 | +0.3% |
| 2008 | 1.99 | -56.6% |
| 2009 | 5.59 | +180.5% |
| 2010 | 6.11 | +9.3% |
| 2011 | 3.13 | -48.7% |
| 2012 | 4.89 | +56.0% |
| 2013 | 2.87 | -41.3% |
| 2014 | 2.41 | -15.9% |
| 2015 | 2.51 | +4.2% |
| 2016 | 2.38 | -5.4% |
| 2017 | 4.41 | +85.5% |
| 2018 | 4.21 | -4.6% |
| 2019 | 4.67 | +11.0% |
| 2020 | 6.1 | +30.7% |
| 2021 | 4.46 | -26.9% |
| 2022 | 2.9 | -35.0% |
| 2023 | 3.63 | +25.4% |
| 2024 | 3.33 | -8.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.48 | 0.5775 | 3.93 | 8 |
| 2000s | 3.25 | 1.74 | 5.59 | 10 |
| 2010s | 3.76 | 2.38 | 6.11 | 10 |
| 2020s | 4.09 | 2.9 | 6.1 | 5 |
Countries ranked near Mongolia
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 total reserves in months of imports in Mongolia?
- Total reserves in months of imports in Mongolia was 3.33 in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest total reserves in months of imports recorded in Mongolia?
- The highest recorded value was 6.11 in 2010.
- What is the lowest total reserves in months of imports recorded in Mongolia?
- The lowest recorded value was 0.5775 in 1992.
- How does Mongolia rank for total reserves in months of imports?
- Mongolia ranks 114th out of 178 countries with data for 2024.
- Is total reserves in months of imports rising or falling in Mongolia?
- Over the last ten years it is up 38.3%. The long-run trend across the full record is rising.
- Where does this Mongolia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Total reserves in months of imports. Statizoid updates them automatically from the source API.
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About this data
Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This item is expressed in terms of the number of months of imports of goods and services they could pay for [X/(Imports/12)].