Budget balance — all countries

Budget balance — Mongolia

Budget balance in Mongolia in 2031 — -3.1%. Ranked 127 in the world out of 188.

2031 -3.1% −0.1 pp vs 2030
World rank 127of 188
Period maximum 7.6%2006
Period minimum -15.3%2016

Trend over time

1981–2031 · % of GDP

Budget balance — Mongolia, 1981–2031-20-10010198119861991199620012006201120162021202620311981: -3.1%1982: -2.8%1983: -3.2%1984: -3.5%1985: -3.9%1986: -12.8%1987: -13.7%1988: -14.3%1989: -11.8%1990: -9.4%1991: -6.4%1992: -8.1%1993: -13.3%1994: -9.7%1995: -5%1996: -6.9%1997: -8.1%1998: -12.3%1999: -9.9%2000: -5.8%2001: -4.3%2002: -4.7%2003: -3.4%2004: -1.6%2005: 2.4%2006: 7.6%2007: 2.6%2008: -4.5%2009: -5.2%2010: 0.4%2011: -4%2012: -6.2%2013: -0.9%2014: -3.7%2015: -5%2016: -15.3%2017: -3.7%2018: 2.9%2019: 1%2020: -9.2%2021: -3%2022: 0.7%2023: 2.7%2024: 1.4%2025: 1.7%2026: -0.5%2027: -2.6%2028: -3%2029: -3%2030: -3%2031: -3.1%
Change over the period: +0 pp Annual average: 0 pp

Comparison, 2031

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

Mongolia -3.1%
World computed -4.85%
East Asia & Pacific computed -5.66%
Eastern Asia computed -6.66%
Budget balance — Mongolia, by year Mongolia All countries CSV XLSX
Year % Change, pp
2031 -3.1 −0.1 pp
2030 -3 +0 pp
2029 -3 +0 pp
2028 -3 −0.4 pp
2027 -2.6 −2.1 pp
2026 -0.5 −2.2 pp
2025 1.7 +0.3 pp
2024 1.4 −1.3 pp
2023 2.7 +2 pp
2022 0.7 +3.7 pp
2021 -3 +6.2 pp
2020 -9.2 −10.2 pp
2019 1 −1.9 pp
2018 2.9 +6.6 pp
2017 -3.7 +11.6 pp
2016 -15.3 −10.3 pp
2015 -5 −1.3 pp
2014 -3.7 −2.8 pp
2013 -0.9 +5.3 pp
2012 -6.2 −2.2 pp
2011 -4 −4.4 pp
2010 0.4 +5.6 pp
2009 -5.2 −0.7 pp
2008 -4.5 −7.1 pp
2007 2.6 −5 pp
2006 7.6 +5.2 pp
2005 2.4 +4 pp
2004 -1.6 +1.8 pp
2003 -3.4 +1.3 pp
2002 -4.7 −0.4 pp
2001 -4.3 +1.5 pp
2000 -5.8 +4.1 pp
1999 -9.9 +2.4 pp
1998 -12.3 −4.2 pp
1997 -8.1 −1.2 pp
1996 -6.9 −1.9 pp
1995 -5 +4.7 pp
1994 -9.7 +3.6 pp
1993 -13.3 −5.2 pp
1992 -8.1 −1.7 pp
1991 -6.4 +3 pp
1990 -9.4 +2.4 pp
1989 -11.8 +2.5 pp
1988 -14.3 −0.6 pp
1987 -13.7 −0.9 pp
1986 -12.8 −8.9 pp
1985 -3.9 −0.4 pp
1984 -3.5 −0.3 pp
1983 -3.2 −0.4 pp
1982 -2.8 +0.3 pp
1981 -3.1

Eastern Asia, 2031

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

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

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