NATIONAL PUBLIC DEBT Mongolia 2023

National debt fell in Mongolia

In 2023 Mongolia public debt was 8,789 million euros9,506 million dollars, has decreased 1,7031,551 million since 2022.

This amount means that the debt in 2023 reached 46.8% of Mongolia GDP, a 17.69 percentage point fall from 2022, when it was 64.49% of GDP.

If we check the tables we can see the evolution of Mongolia debt. It has risen since 2013 in global debt terms, when it was 4,682 million euros 6,218 million dollars although it has fallen as a percentage of GDP, when it amounted to 49.42%.

According to the last data point published, Mongolia per capita debt in 2023 was 2,508 euros2,712 dollars per inhabitant. In 2022 it was 3,034 euros 3,198 dollars, afterwards dropping by 526 euros 486dollars, and if we again check 2013 we can see that then the debt per person was 1,598 euros2,122 dollars .

The position of Mongolia, as compared with the rest of the world, has improved in 2023 in terms of GDP percentage. Currently it is country number 74 in the list of debt to GDP and 89 in debt per capita, out of the 191 we publish.

In this page we show you the progression of the public debt in Mongolia. You can see debt in other countries in Public debt and see all the information about Mongolia in economy of Mongolia.

Mongolia: Evolution of debt
DateDebt (M.€.)Debt ($M)Debt (%GDP)Debt Per CapitaDebt Per Capita
20238,7899,50646.80%€2,508$2,712
202210,49211,05764.49%€3,034$3,198
20218,74710,35367.73%€2,565$3,036
20209,72811,10283.39%€2,897$3,306
20198,4819,49566.84%€2,572$2,880
20188,55610,10876.54%€2,642$3,122
20178,8359,97786.90%€2,780$3,139
20167,9308,77678.68%€2,542$2,813
20155,2935,87450.55%€1,731$1,921
20144,0455,37543.96%€1,350$1,794
20134,6826,21849.42%€1,598$2,122
20124,1735,36543.69%€1,455$1,870
20112,4423,39932.65%€869$1,209
20101,6772,22630.98%€608$806
20091,5972,22548.54%€588$819
20081,1851,74330.99%€445$654
20071,1161,52936.11%€426$584
20061,1131,39840.94%€431$541
Mongolia: Evolution of debt as a percentage of GDP

Mongolia: Evolution of debt in millions