Gross savings in Mongolia
Mongolia: Gross savings was 6.10 billion current US$ in 2024. ◆ Volatile
Gross savings in Mongolia, 1981–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, gross savings in Mongolia stood at 6.10 billion current US$.
Compared with earlier readings it is down 10.3% on the previous year and up 112.9% over ten years.
Over the whole period, gross savings in Mongolia peaked at 6.80 billion current US$ in 2023 and was at its lowest, 198.09 million current US$, in 2000.
That places Mongolia 107th out of 177 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 462.88 million current US$ | 254.66 million current US$ | 797.03 million current US$ | 9 |
| 1990s | 453.01 million current US$ | 321.21 million current US$ | 606.22 million current US$ | 10 |
| 2000s | 896.04 million current US$ | 198.09 million current US$ | 1.74 billion current US$ | 10 |
| 2010s | 2.63 billion current US$ | 1.90 billion current US$ | 3.40 billion current US$ | 10 |
| 2020s | 4.57 billion current US$ | 2.17 billion current US$ | 6.80 billion current US$ | 5 |
Countries ranked near Mongolia
More economy & growth data for Mongolia
- DEC alternative conversion factor 3,545 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.26 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 355.63 million current US$ (2025)
- Taxes less subsidies on products 8.52 trillion current LCU (2025)
- Taxes less subsidies on products 2.40 billion current US$ (2025)
- Net primary income (Net income from abroad) -10.09 trillion current LCU (2025)
- Net primary income (Net income from abroad) -2.85 billion current US$ (2025)
- GNI per capita 22.37 million current LCU (2025)
- GNI per capita, Atlas method 6,210 current US$ (2025)
- GNI 79.84 trillion current LCU (2025)
Frequently asked questions
- What is gross savings in Mongolia?
- Gross savings in Mongolia was 6.10 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Mongolia?
- The highest recorded value was 6.80 billion current US$ in 2023.
- What is the lowest gross savings recorded in Mongolia?
- The lowest recorded value was 198.09 million current US$ in 2000.
- How does Mongolia rank for gross savings?
- Mongolia ranks 107th out of 177 countries with data for 2024.
- Is gross savings rising or falling in Mongolia?
- Over the last ten years it is up 112.9%. 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 Offices (NSOs), published as part of Gross savings (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 44 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.