External debt stocks in Mongolia

Mongolia: External debt stocks was 181.9% in 2024. ◆ Volatile

Latest (2024)
181.9%
Change on year
down 6.1%
World rank
3rd
of 121 countries
All-time high
301.2%
in 2017
All-time low
27.5%
in 1992
Years of data
33
1992–2024

External debt stocks in Mongolia, 1992–2024

01002003001992200820241992: 27.5 % of GNI1993: 52.3 % of GNI1994: 51.2 % of GNI1995: 37.2 % of GNI1996: 40.1 % of GNI1997: 51.9 % of GNI1998: 64.6 % of GNI1999: 92.8 % of GNI2000: 84.8 % of GNI2001: 74.7 % of GNI2002: 79.2 % of GNI2003: 97.5 % of GNI2004: 80.4 % of GNI2005: 56.5 % of GNI2006: 44.3 % of GNI2007: 42.1 % of GNI2008: 40.1 % of GNI2009: 68.1 % of GNI2010: 89.7 % of GNI2011: 100.8 % of GNI2012: 140 % of GNI2013: 169.8 % of GNI2014: 201.7 % of GNI2015: 226.4 % of GNI2016: 257.5 % of GNI2017: 301.2 % of GNI2018: 264.7 % of GNI2019: 263.6 % of GNI2020: 270.8 % of GNI2021: 267.8 % of GNI2022: 217.4 % of GNI2023: 193.6 % of GNI2024: 181.9 % of GNI

Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.

Analysis

In 2024, external debt stocks in Mongolia stood at 181.9%.

Compared with earlier readings it is down 6.1% on the previous year and down 9.9% over ten years.

Over the whole period, external debt stocks in Mongolia peaked at 301.2% in 2017 and was at its lowest, 27.5%, in 1992.

Mongolia ranks 3rd of 121 countries on this measure, 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
1990s 52.2% 27.5% 92.8% 8
2000s 66.8% 40.1% 97.5% 10
2010s 201.6% 89.7% 301.2% 10
2020s 226.3% 181.9% 270.8% 5

Countries ranked near Mongolia

  1. 1 Mozambique 350.6% compare
  2. 2 Lebanon 331.6% compare
  3. 4 Senegal 150.7% compare
  4. 5 Suriname 129.1% compare
  5. 6 Mauritius 123.2% compare

See the full ranking of 133 places →

More economy & growth data for Mongolia

All data for Mongolia →

Frequently asked questions

What is external debt stocks in Mongolia?
External debt stocks in Mongolia was 181.9% in 2024, according to International Debt Statistics, World Bank (WB).
What is the highest external debt stocks recorded in Mongolia?
The highest recorded value was 301.2% in 2017.
What is the lowest external debt stocks recorded in Mongolia?
The lowest recorded value was 27.5% in 1992.
How does Mongolia rank for external debt stocks?
Mongolia ranks 3rd out of 121 countries with data for 2024.
Is external debt stocks rising or falling in Mongolia?
Over the last ten years it is down 9.9%. The long-run trend across the full record is volatile.
Where does this Mongolia data come from?
The figures come from International Debt Statistics, World Bank (WB), published as part of External debt stocks (% of GNI). Statizoid updates them automatically from the source API.

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About this data

Indicator
External debt stocks (% of GNI)
Unit
% of GNI
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
133 places, 6,161 data points, 1970–2024
Last refreshed

Total external debt stocks to gross national income. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.