Net secondary income in Mongolia

Mongolia: Net secondary income was 421.06 million BoP, current US$ in 2024. ◆ Volatile

Latest (2024)
421.06 million BoP, current US$
Change on year
up 5.9%
World rank
92nd
of 199 countries
All-time high
434.12 million BoP, current US$
in 2022
All-time low
-400,000 BoP, current US$
in 1984
Years of data
44
1981–2024

Net secondary income in Mongolia, 1981–2024

0100.0M200.0M300.0M400.0M1981200220241981: -100.0k BoP, current US$1982: -100.0k BoP, current US$1983: -100.0k BoP, current US$1984: -400.0k BoP, current US$1985: -100.0k BoP, current US$1986: -200.0k BoP, current US$1987: -300.0k BoP, current US$1988: -300.0k BoP, current US$1989: 3.9M BoP, current US$1990: 7.4M BoP, current US$1991: 41.6M BoP, current US$1992: 35.2M BoP, current US$1993: 70.9M BoP, current US$1994: 77.8M BoP, current US$1995: 77.1M BoP, current US$1996: 69.8M BoP, current US$1997: 51.9M BoP, current US$1998: 55.7M BoP, current US$1999: 69.2M BoP, current US$2000: 94.3M BoP, current US$2001: 132.4M BoP, current US$2002: 137.5M BoP, current US$2003: 161.5M BoP, current US$2004: 269.5M BoP, current US$2005: 225.2M BoP, current US$2006: 211.4M BoP, current US$2007: 212.3M BoP, current US$2008: 220.7M BoP, current US$2009: 185.7M BoP, current US$2010: 187.0M BoP, current US$2011: 248.3M BoP, current US$2012: 241.8M BoP, current US$2013: 148.9M BoP, current US$2014: 149.7M BoP, current US$2015: 174.1M BoP, current US$2016: 212.1M BoP, current US$2017: 179.5M BoP, current US$2018: 284.2M BoP, current US$2019: 240.7M BoP, current US$2020: 273.3M BoP, current US$2021: 429.1M BoP, current US$2022: 434.1M BoP, current US$2023: 397.6M BoP, current US$2024: 421.1M BoP, current US$

Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.

Analysis

The most recent figure for net secondary income in Mongolia is 421.06 million BoP, current US$, measured in 2024.

The figure is up 5.9% on the previous year and up 181.3% over ten years.

Over the whole period, net secondary income in Mongolia peaked at 434.12 million BoP, current US$ in 2022 and was at its lowest, -400,000 BoP, current US$, in 1984.

Mongolia ranks 92nd of 199 countries on this measure, 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

DecadeAverage LowestHighest Years
1980s 255,556 BoP, current US$ -400,000 BoP, current US$ 3.90 million BoP, current US$ 9
1990s 55.66 million BoP, current US$ 7.40 million BoP, current US$ 77.80 million BoP, current US$ 10
2000s 185.06 million BoP, current US$ 94.31 million BoP, current US$ 269.45 million BoP, current US$ 10
2010s 206.63 million BoP, current US$ 148.93 million BoP, current US$ 284.22 million BoP, current US$ 10
2020s 391.05 million BoP, current US$ 273.31 million BoP, current US$ 434.12 million BoP, current US$ 5

Countries ranked near Mongolia

  1. 89 Montenegro 460.95 million BoP, current US$ compare
  2. 90 Iran 457.00 million BoP, current US$ compare
  3. 91 Malawi 454.65 million BoP, current US$ compare
  4. 93 Niger 420.92 million BoP, current US$ compare
  5. 94 Laos 390.44 million BoP, current US$ compare
  6. 95 Sierra Leone 387.60 million BoP, current US$ compare

See the full ranking of 200 places →

More economy & growth data for Mongolia

All data for Mongolia →

Frequently asked questions

What is net secondary income in Mongolia?
Net secondary income in Mongolia was 421.06 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest net secondary income recorded in Mongolia?
The highest recorded value was 434.12 million BoP, current US$ in 2022.
What is the lowest net secondary income recorded in Mongolia?
The lowest recorded value was -400,000 BoP, current US$ in 1984.
How does Mongolia rank for net secondary income?
Mongolia ranks 92nd out of 199 countries with data for 2024.
Is net secondary income rising or falling in Mongolia?
Over the last ten years it is up 181.3%. The long-run trend across the full record is volatile.
Where does this Mongolia data come from?
The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net secondary income (BoP, 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

Indicator
Net secondary income (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
200 places, 7,778 data points, 1960–2025
Last refreshed

Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. 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.