Mongolia Government Debt to GDP

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.

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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	[+]

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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Country	Last		Previous	Range
Japan	238.20	Dec/18	238	238 : 50.6	%
Italy	134.80	Dec/18	134	135 : 90.5	%
Singapore	112.20	Dec/18	111	112 : 67.4	%
United States	106.10	Dec/18	105	119 : 31.8	%
France	98.40	Dec/18	98.4	98.4 : 20.7	%
Spain	97.10	Dec/18	98.1	100 : 16.6	%
Canada	89.70	Dec/18	90.1	100 : 44.9	%
Argentina	86.20	Dec/18	56.6	167 : 34.5	%
Euro Area	85.10	Dec/18	87.1	92 : 65	%
United Kingdom	84.70	Dec/18	85.1	85.1 : 21.8	%
Brazil	77.22	Dec/18	74.07	77.22 : 51.27	%
India	68.30	Dec/18	68.9	83.23 : 47.94	%
Germany	60.90	Dec/18	64.5	81.8 : 54.8	%
South Africa	55.80	Dec/18	53.1	55.8 : 27.8	%
Netherlands	52.40	Dec/18	57	73.1 : 43	%
China	50.50	Dec/18	46.8	50.5 : 20.4	%
Mexico	46.00	Dec/18	46	48.2 : 17.9	%
Australia	40.70	Dec/18	40.7	40.7 : 9.7	%
South Korea	36.60	Dec/18	36.3	39.9 : 8.24	%
Turkey	30.40	Dec/18	28.3	76.1 : 27.6	%
Indonesia	29.80	Dec/18	28.7	87.43 : 22.96	%
Switzerland	27.70	Dec/18	29.3	48.9 : 25.1	%
Saudi Arabia	19.10	Dec/18	17.2	104 : 1.6	%
Russia	13.50	Dec/17	12.9	92.1 : 6.5	%