Net lending (+) / net borrowing (-) in Mongolia
Mongolia: Net lending (+) / net borrowing (-) was 1.46 trillion current LCU in 2024. ◆ Volatile
Net lending (+) / net borrowing (-) in Mongolia, 1992–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Mongolia recorded 1.46 trillion current LCU for net lending (+) / net borrowing (-) in 2024.
Compared with earlier readings it is down 8.4% on the previous year and up 295.0% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Mongolia peaked at 1.60 trillion current LCU in 2023 and was at its lowest, -3.59 trillion current LCU, in 2020.
Mongolia ranks 5th of 156 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -1.26 billion current LCU | -29.34 billion current LCU | 15.91 billion current LCU | 8 |
| 2000s | -3.81 billion current LCU | -269.70 billion current LCU | 353.71 billion current LCU | 8 |
| 2010s | -517.30 billion current LCU | -3.05 trillion current LCU | 1.14 trillion current LCU | 10 |
| 2020s | -513.59 billion current LCU | -3.59 trillion current LCU | 1.60 trillion current LCU | 5 |
Countries ranked near Mongolia
More public sector data for Mongolia
- Arms imports 3.00 million SIPRI trend indicator values (2022)
- Tax revenue 16.9% (2024)
- Taxes on income, profits and capital gains 16.3% (2024)
- Taxes on goods and services 25.9% (2024)
- Net investment in nonfinancial assets 6.3% (2024)
- Net lending (+) / net borrowing (-) 1.8% (2024)
- Interest payments 4.3% (2024)
- Grants and other revenue 31.0% (2024)
- Interest payments 6.0% (2021)
- Other taxes 1.0% (2024)
Frequently asked questions
- What is net lending (+) / net borrowing (-) in Mongolia?
- Net lending (+) / net borrowing (-) in Mongolia was 1.46 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Mongolia?
- The highest recorded value was 1.60 trillion current LCU in 2023.
- What is the lowest net lending (+) / net borrowing (-) recorded in Mongolia?
- The lowest recorded value was -3.59 trillion current LCU in 2020.
- How does Mongolia rank for net lending (+) / net borrowing (-)?
- Mongolia ranks 5th out of 156 countries with data for 2024.
- Is net lending (+) / net borrowing (-) rising or falling in Mongolia?
- Over the last ten years it is up 295.0%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net lending (+) / net borrowing (-) (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. 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.