Mongolia recorded a government debt equivalent to 55 percent of the country's Gross Domestic Product in 2018. source: World Bank

Government Debt to GDP in Mongolia averaged 58.61 percent from 1992 until 2018, reaching an all time high of 95.73 percent in 2003 and a record low of 20.62 percent in 1992. This page provides - Mongolia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mongolia Government Debt to GDP - values, historical data and charts - was last updated on February of 2021.

Government Debt to GDP in Mongolia is expected to reach 80.00 percent by the end of 2020, 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 82.00 percent in 2021 and 78.00 percent in 2022, according to our econometric models.

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Mongolia Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
55.00 66.00 95.73 20.62 1992 - 2018 percent Yearly

Mongolia Government Last Previous Highest Lowest Unit
Government Debt to GDP 55.00 66.00 95.73 20.62 percent [+]
Government Budget -11.50 0.90 6.40 -17.00 percent of GDP [+]
Government Revenues 9068245.10 8256936.80 11936637.60 13474.40 MNT Million [+]
Military Expenditure 90.00 83.00 121.80 30.20 USD Million [+]
Credit Rating 28.00 [+]
Government Spending 667695.10 782267.20 812407.70 244037.90 MNT Million [+]
Government Budget Value -3711095.10 -3258998.50 1458869.50 -3711095.10 MNT Million [+]
Fiscal Expenditure 3320250.40 2349798.30 11429391.80 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.