Net foreign assets in Mongolia

Mongolia: Net foreign assets was 8.60 trillion current LCU in 2024. ◆ Volatile

Latest (2024)
8.60 trillion current LCU
Change on year
down 1.7%
World rank
31st
of 186 countries
All-time high
8.75 trillion current LCU
in 2023
All-time low
-4.60 trillion current LCU
in 2016
Years of data
34
1991–2024

Net foreign assets in Mongolia, 1991–2024

-5.0T05.0T10.0T1991200720241991: -1.7B current LCU1992: -4.2B current LCU1993: 14.4B current LCU1994: 17.9B current LCU1995: 43.0B current LCU1996: 60.1B current LCU1997: 125.7B current LCU1998: 76.9B current LCU1999: 145.5B current LCU2000: 197.8B current LCU2001: 219.9B current LCU2002: 309.3B current LCU2003: 271.0B current LCU2004: 325.6B current LCU2005: 594.1B current LCU2006: 1.2T current LCU2007: 1.4T current LCU2008: 680.8B current LCU2009: 1.5T current LCU2010: 2.7T current LCU2011: 3.0T current LCU2012: 4.4T current LCU2013: 767.7B current LCU2014: -2.0T current LCU2015: -4.2T current LCU2016: -4.6T current LCU2017: -1.2T current LCU2018: 265.6B current LCU2019: 3.0T current LCU2020: 5.5T current LCU2021: 3.5T current LCU2022: 2.2T current LCU2023: 8.7T current LCU2024: 8.6T current LCU

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.

Analysis

The most recent figure for net foreign assets in Mongolia is 8.60 trillion current LCU, measured in 2024.

The figure is down 1.7% on the previous year and up 525.5% over ten years.

Over the whole period, net foreign assets in Mongolia peaked at 8.75 trillion current LCU in 2023 and was at its lowest, -4.60 trillion current LCU, in 2016.

Mongolia ranks 31st of 186 countries on this measure, in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 53.07 billion current LCU -4.17 billion current LCU 145.47 billion current LCU 9
2000s 668.24 billion current LCU 197.84 billion current LCU 1.52 trillion current LCU 10
2010s 211.41 billion current LCU -4.60 trillion current LCU 4.35 trillion current LCU 10
2020s 5.73 trillion current LCU 2.20 trillion current LCU 8.75 trillion current LCU 5

Countries ranked near Mongolia

  1. 28 Thailand 9.51 trillion current LCU compare
  2. 29 Algeria 9.11 trillion current LCU compare
  3. 30 Cote d'Ivoire 8.73 trillion current LCU compare
  4. 32 Costa Rica 8.46 trillion current LCU compare
  5. 33 Philippines 7.36 trillion current LCU compare
  6. 34 Laos 6.26 trillion current LCU compare

See the full ranking of 186 places →

More financial sector data for Mongolia

All data for Mongolia →

Frequently asked questions

What is net foreign assets in Mongolia?
Net foreign assets in Mongolia was 8.60 trillion current LCU in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest net foreign assets recorded in Mongolia?
The highest recorded value was 8.75 trillion current LCU in 2023.
What is the lowest net foreign assets recorded in Mongolia?
The lowest recorded value was -4.60 trillion current LCU in 2016.
How does Mongolia rank for net foreign assets?
Mongolia ranks 31st out of 186 countries with data for 2024.
Is net foreign assets rising or falling in Mongolia?
Over the last ten years it is up 525.5%. The long-run trend across the full record is volatile.
Where does this Mongolia data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Net foreign assets (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Net foreign assets (current LCU)
Unit
current LCU
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
186 places, 9,009 data points, 1960–2025
Last refreshed

Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. 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.