Current account balance — all countries

Current account balance — Mongolia

Current account balance in Mongolia in 2031 — -9.3%. Ranked 171 in the world out of 188. Since 1991, the indicator has fallen by 5.9 pp.

2031 -9.3% +0 pp vs 2030
World rank 171of 188
Period maximum 10.9%2006
Period minimum -43.8%2012

Trend over time

1991–2031 · % of GDP

Current account balance — Mongolia, 1991–2031-60-40-20020199119951999200320072011201520192023202720311991: -3.4%1992: -2.4%1993: 4%1994: 4.1%1995: 1.8%1996: -2.7%1997: 6.3%1998: -6.7%1999: -5.7%2000: -6.1%2001: -4.9%2002: -7.5%2003: -6.2%2004: 3.2%2005: 3.5%2006: 10.9%2007: 4.1%2008: -12.3%2009: -7.5%2010: -12.3%2011: -43.3%2012: -43.8%2013: -37.6%2014: -15.8%2015: -8.2%2016: -6.3%2017: -10.1%2018: -16.7%2019: -15.2%2020: -5.1%2021: -13.8%2022: -13.4%2023: 0.6%2024: -10.4%2025: -8.6%2026: -7.9%2027: -8.6%2028: -8.8%2029: -8.8%2030: -9.3%2031: -9.3%
Change over the period: −5.9 pp Annual average: -0.15 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Mongolia

Mongolia -9.3%
World computed 0.28%
East Asia & Pacific computed 3.13%
Eastern Asia computed 3.76%
Current account balance — Mongolia, by year Mongolia All countries CSV XLSX
Year % Change, pp
2031 -9.3 +0 pp
2030 -9.3 −0.5 pp
2029 -8.8 +0 pp
2028 -8.8 −0.2 pp
2027 -8.6 −0.7 pp
2026 -7.9 +0.7 pp
2025 -8.6 +1.8 pp
2024 -10.4 −11 pp
2023 0.6 +14 pp
2022 -13.4 +0.4 pp
2021 -13.8 −8.7 pp
2020 -5.1 +10.1 pp
2019 -15.2 +1.5 pp
2018 -16.7 −6.6 pp
2017 -10.1 −3.8 pp
2016 -6.3 +1.9 pp
2015 -8.2 +7.6 pp
2014 -15.8 +21.8 pp
2013 -37.6 +6.2 pp
2012 -43.8 −0.5 pp
2011 -43.3 −31 pp
2010 -12.3 −4.8 pp
2009 -7.5 +4.8 pp
2008 -12.3 −16.4 pp
2007 4.1 −6.8 pp
2006 10.9 +7.4 pp
2005 3.5 +0.3 pp
2004 3.2 +9.4 pp
2003 -6.2 +1.3 pp
2002 -7.5 −2.6 pp
2001 -4.9 +1.2 pp
2000 -6.1 −0.4 pp
1999 -5.7 +1 pp
1998 -6.7 −13 pp
1997 6.3 +9 pp
1996 -2.7 −4.5 pp
1995 1.8 −2.3 pp
1994 4.1 +0.1 pp
1993 4 +6.4 pp
1992 -2.4 +1 pp
1991 -3.4

Eastern Asia, 2031

The same indicator for neighboring countries — with links to their pages

About the indicator

The current account balance of the balance of payments as a percent of GDP: trade in goods and services, primary income (interest, dividends, compensation of employees) and secondary income (transfers). A surplus means a country earns more abroad than it spends and is building up external assets; a persistent deficit has to be financed by an inflow of capital.

Source: World Economic Outlook (IMF), license IMF open data.