Mongolia Current Account to GDP 1991-2014 | Data | Chart | Calendar

Mongolia recorded a Current Account deficit of 27.89 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Mongolia averaged -6.46 Percent from 1991 until 2013, reaching an all time high of 6.48 Percent in 2006 and a record low of -32.57 Percent in 2012. Current Account to GDP in Mongolia is reported by the Mongolbank.

   
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Mongolia Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
-27.89 -32.57 6.48 -32.57 1991 - 2013 percent Yearly
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Mongolia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Mongolia Current Account to GDP - was last refreshed on Monday, November 24, 2014.

Mongolia Trade Last Previous Highest Lowest Unit
Balance of Trade 37.20 142.10 142.10 -310.20 USD Million [+]
Exports 445.50 554.00 649.50 62.00 USD Million [+]
Imports 408.30 411.90 663.30 77.80 USD Million [+]
Current Account -108.90 125.70 132.80 -486.90 USD Million [+]
Current Account to GDP -27.89 -32.57 6.48 -32.57 percent [+]
Foreign Direct Investment 16677.44 16021.55 16677.44 4949.50 USD Million [+]
Gold Reserves 2.48 3.93 9.93 0.00 Tonnes [+]
Crude Oil Production 19.00 19.00 19.51 0.00 BBL/D/1K [+]


Current Account to GDP Reference Previous Highest Lowest Unit
Australia -2.90 Dec/13 -4.10 1.40 -6.70 percent [+]
Brazil -3.66 Dec/13 -2.40 1.80 -8.20 percent [+]
Canada -3.20 Dec/13 -3.40 2.70 -4.20 percent [+]
China 2.00 Dec/13 2.60 10.10 -3.70 percent [+]
Euro Area 2.40 Dec/13 1.40 2.40 -1.50 percent [+]
France -1.30 Dec/13 -2.20 2.70 -2.20 percent [+]
Germany 7.50 Dec/13 7.40 7.50 -1.70 percent [+]
India -1.70 Dec/13 -4.70 1.50 -4.70 percent [+]
Indonesia -3.30 Dec/13 -2.80 4.80 -6.80 percent [+]
Italy 1.00 Dec/13 -0.30 3.20 -3.70 percent [+]
Japan 0.70 Dec/13 1.10 4.80 -1.00 percent [+]
Mexico -1.80 Dec/13 -1.20 3.40 -6.10 percent [+]
Netherlands 10.40 Dec/13 9.50 10.40 -1.00 percent [+]
Russia 1.56 Dec/13 3.60 18.00 -1.40 percent [+]
South Korea 5.80 Dec/13 4.30 11.90 -8.30 percent [+]
Spain 0.80 Dec/13 -1.20 1.50 -10.00 percent [+]
Switzerland 13.50 Dec/12 8.50 15.60 -0.60 percent [+]
Turkey -7.90 Dec/13 -6.00 2.00 -9.70 percent [+]
United Kingdom -4.40 Dec/13 -3.80 1.90 -4.90 percent [+]
United States -2.30 Dec/13 -2.70 0.20 -6.00 percent [+]