Mongolia recorded a Current Account deficit of 30.61 USD Million in January of 2021. source: Mongolbank

Current Account in Mongolia averaged -132.48 USD Million from 1997 until 2021, reaching an all time high of 316.77 USD Million in July of 2020 and a record low of -627.90 USD Million in July of 2012. This page provides - Mongolia Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mongolia Current Account - values, historical data and charts - was last updated on March of 2021.

Current Account in Mongolia is expected to be -200.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Mongolia to stand at -200.00 in 12 months time. In the long-term, the Mongolia Current Account is projected to trend around -200.00 USD Million in 2022, according to our econometric models.

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Mongolia Current Account

Actual Previous Highest Lowest Dates Unit Frequency
-30.61 -27.15 316.77 -627.90 1997 - 2021 USD Million Monthly

Mongolia Trade Last Previous Highest Lowest Unit
Balance of Trade 314.00 181.00 478.60 -369.80 USD Million [+]
Current Account -30.61 -27.15 316.77 -627.90 USD Million [+]
Current Account to GDP -12.30 -15.60 5.43 -27.40 percent [+]
Imports 458.80 407.30 748.75 14.66 USD Million [+]
Exports 639.90 721.20 960.50 15.44 USD Million [+]
Foreign Direct Investment 23802.30 23468.70 23802.30 8444.70 USD Million [+]
Capital Flows 18.40 -817.59 339.98 -1701.46 USD Million [+]
Gold Reserves 8.16 15.37 23.40 0.00 Tonnes [+]
Remittances 9.80 12.70 18.61 -9.01 USD Million [+]
External Debt 32161914.32 31192538.23 32161914.32 2110586.64 USD Thousand [+]
Crude Oil Production 17.00 17.00 27.85 0.00 BBL/D/1K [+]
Terrorism Index 0.00 0.00 0.00 0.00 [+]


Mongolia Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).