External balance on goods and services in Mongolia

Mongolia: External balance on goods and services was 4.88 trillion current LCU in 2025. ◆ Volatile

Latest (2025)
4.88 trillion current LCU
Change on year
up 696.4%
World rank
11th
of 192 countries
All-time high
6.80 trillion current LCU
in 2023
All-time low
-4.32 trillion current LCU
in 2013
Years of data
45
1981–2025

External balance on goods and services in Mongolia, 1981–2025

-5.0T-2.5T02.5T5.0T7.5T1981200320251981: -3.3B current LCU1982: -2.9B current LCU1983: -2.9B current LCU1984: -3.0B current LCU1985: -3.6B current LCU1986: -4.4B current LCU1987: -3.8B current LCU1988: -3.6B current LCU1989: -3.4B current LCU1990: -2.8B current LCU1991: -6.4B current LCU1992: -4.2B current LCU1993: -25.2B current LCU1994: -37.8B current LCU1995: -6.7B current LCU1996: -51.1B current LCU1997: 49.8B current LCU1998: -110.3B current LCU1999: -128.8B current LCU2000: -170.1B current LCU2001: -211.3B current LCU2002: -264.6B current LCU2003: -285.2B current LCU2004: -230.3B current LCU2005: -147.3B current LCU2006: 239.9B current LCU2007: 66.8B current LCU2008: -863.0B current LCU2009: -478.3B current LCU2010: -974.9B current LCU2011: -2.9T current LCU2012: -3.7T current LCU2013: -4.3T current LCU2014: -1.1T current LCU2015: -294.3B current LCU2016: 164.9B current LCU2017: 672.4B current LCU2018: -3.3T current LCU2019: -2.3T current LCU2020: 929.6B current LCU2021: -871.3B current LCU2022: -3.3T current LCU2023: 6.8T current LCU2024: -818.9B current LCU2025: 4.9T current LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.

Analysis

Mongolia recorded 4.88 trillion current LCU for external balance on goods and services in 2025.

Compared with earlier readings it is up 696.4% on the previous year and up 1,759.5% over ten years.

Over the whole period, external balance on goods and services in Mongolia peaked at 6.80 trillion current LCU in 2023 and was at its lowest, -4.32 trillion current LCU, in 2013.

That places Mongolia 11th out of 192 countries with data for 2025, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s -3.44 billion current LCU -4.45 billion current LCU -2.92 billion current LCU 9
1990s -32.35 billion current LCU -128.85 billion current LCU 49.83 billion current LCU 10
2000s -234.34 billion current LCU -862.97 billion current LCU 239.90 billion current LCU 10
2010s -1.80 trillion current LCU -4.32 trillion current LCU 672.38 billion current LCU 10
2020s 1.26 trillion current LCU -3.34 trillion current LCU 6.80 trillion current LCU 6

Countries ranked near Mongolia

  1. 8 Argentina 6.33 trillion current LCU compare
  2. 9 China 5.87 trillion current LCU compare
  3. 10 Russia 5.78 trillion current LCU compare
  4. 12 Hungary 3.90 trillion current LCU compare
  5. 13 Gabon 3.25 trillion current LCU compare
  6. 14 Costa Rica 3.22 trillion current LCU compare

See the full ranking of 192 places →

More economy & growth data for Mongolia

All data for Mongolia →

Frequently asked questions

What is external balance on goods and services in Mongolia?
External balance on goods and services in Mongolia was 4.88 trillion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest external balance on goods and services recorded in Mongolia?
The highest recorded value was 6.80 trillion current LCU in 2023.
What is the lowest external balance on goods and services recorded in Mongolia?
The lowest recorded value was -4.32 trillion current LCU in 2013.
How does Mongolia rank for external balance on goods and services?
Mongolia ranks 11th out of 192 countries with data for 2025.
Is external balance on goods and services rising or falling in Mongolia?
Over the last ten years it is up 1,759.5%. The long-run trend across the full record is volatile.
Where does this Mongolia data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
External balance on goods and services (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
192 places, 9,054 data points, 1960–2025
Last refreshed

The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.