Total reserves in months of imports (reserves International Financial) in Mongolia
Mongolia: Total reserves in months of imports (reserves International Financial) 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 179 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 (reserves International Financial) 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% |
Mongolia compared with similar countries
- Mongolia's 3.33 is below the median for upper middle income countries, which is 4.95, 67% of the median. (55 countries reporting)
- Mongolia's 3.33 is below the median for East Asia & Pacific, which is 5.88, 57% of the median. (26 countries reporting)
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
- 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 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 179 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)].