External debt — all countries

External debt — Mongolia

External debt in Mongolia in 2024 — 38,016,581,521 US$. Ranked 85 in the world out of 118. Since 1992, the indicator has risen by 10,615.9%.

2024 38.02B US$ +8.5% vs 2023
World rank 85of 118
Period maximum 38.02B US$2024
Period minimum 355M US$1992

Trend over time

1992–2024 · US$

External debt — Mongolia, 1992–2024010B20B30B40B1992199620002004200820122016202020241992: 354,767,148 US$1993: 387,587,630 US$1994: 464,445,080 US$1995: 530,709,460 US$1996: 534,109,093 US$1997: 606,210,430 US$1998: 726,731,458 US$1999: 981,029,420 US$2000: 959,974,419 US$2001: 946,235,062 US$2002: 1,102,129,245 US$2003: 1,544,708,957 US$2004: 1,593,614,529 US$2005: 1,396,369,453 US$2006: 1,494,391,223 US$2007: 1,743,771,481 US$2008: 2,185,574,928 US$2009: 2,987,825,936 US$2010: 5,928,348,234 US$2011: 9,629,415,056 US$2012: 15,884,345,587 US$2013: 20,163,758,883 US$2014: 22,661,510,937 US$2015: 24,116,768,494 US$2016: 26,419,310,479 US$2017: 29,736,206,993 US$2018: 31,615,438,488 US$2019: 33,307,361,024 US$2020: 32,634,584,659 US$2021: 34,962,629,978 US$2022: 33,701,162,514 US$2023: 35,039,286,449 US$2024: 38,016,581,521 US$
Change over the period: +37.66B (+10,615.92%) Average annual rate: 15.73 %

Comparison, 2024

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

Mongolia 38.02B US$
Lower-middle-income countries computed 2.61T US$
External debt — Mongolia, by year Mongolia All countries CSV XLSX
Year US$ Change Change, %
2024 38.02B +2.98B +8.5%
2023 35.04B +1.34B +3.97%
2022 33.7B −1.26B −3.61%
2021 34.96B +2.33B +7.13%
2020 32.63B −673M −2.02%
2019 33.31B +1.69B +5.35%
2018 31.62B +1.88B +6.32%
2017 29.74B +3.32B +12.55%
2016 26.42B +2.3B +9.55%
2015 24.12B +1.46B +6.42%
2014 22.66B +2.5B +12.39%
2013 20.16B +4.28B +26.94%
2012 15.88B +6.25B +64.96%
2011 9.63B +3.7B +62.43%
2010 5.93B +2.94B +98.42%
2009 2.99B +802M +36.71%
2008 2.19B +442M +25.34%
2007 1.74B +249M +16.69%
2006 1.49B +98.02M +7.02%
2005 1.4B −197M −12.38%
2004 1.59B +48.91M +3.17%
2003 1.54B +443M +40.16%
2002 1.1B +156M +16.48%
2001 946M −13.74M −1.43%
2000 960M −21.06M −2.15%
1999 981M +254M +34.99%
1998 727M +121M +19.88%
1997 606M +72.1M +13.5%
1996 534M +3.4M +0.64%
1995 531M +66.26M +14.27%
1994 464M +76.86M +19.83%
1993 388M +32.82M +9.25%
1992 355M

Eastern Asia, 2024

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

MN Mongolia 38.02B CN China 2.42T

About the indicator

Total external debt: the liabilities of a country's residents to non-residents in foreign and in national currency, covering public, publicly guaranteed and private debt. It differs from government debt fundamentally — it includes the borrowing of banks and corporations that the government does not guarantee but that turns out to be its problem in a crisis all the same.

Important: Only middle- and low-income countries report to the World Bank Debtor Reporting System, so the table holds about 130 of them. Aggregates for country groups are not computed: the sum over those present is the debt of developing countries, not of the world.

Source: World Development Indicators (World Bank), license CC BY 4.0.