Mongolia recorded a government debt equivalent to 66 percent of the country's Gross Domestic Product in 2017. Government Debt to GDP in Mongolia averaged 58.78 percent from 1992 until 2017, reaching an all time high of 95.73 percent in 2003 and a record low of 20.62 percent in 1992.

Government Debt to GDP in Mongolia is expected to be 83.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mongolia Government Debt to GDP is projected to trend around 78.00 percent in 2020, according to our econometric models.

Mongolia Government Debt to GDP
Forecast Data Chart
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Mongolia Government Last Previous Highest Lowest Unit
Government Debt to GDP 66.00 79.40 95.73 20.62 percent [+]
Government Budget -3.40 -1.90 6.40 -17.00 percent of GDP [+]
Government Revenues 6785946.00 5548766.80 10062542.40 13474.40 MNT Million [+]
Military Expenditure 90.00 83.00 121.80 30.20 USD Million [+]
Credit Rating 36.25 [+]
Government Spending 739948.60 547197.80 739948.60 244037.90 MNT Million [+]
Government Budget Value 535290.50 192155.70 1458869.50 -3667830.20 MNT Million [+]
Fiscal Expenditure 5499756.00 4598386.80 9519906.10 21398.70 MNT Million [+]

Mongolia Government Debt to GDP

Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Mongolia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mongolia Government Debt to GDP - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
66.00 79.40 95.73 20.62 1992 - 2017 percent Yearly

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