Mongolia Current Account to GDP  1991-2017 | Data | Chart | Calendar

Mongolia recorded a Current Account deficit of 4.10 percent of the country's Gross Domestic Product in 2016. Current Account to GDP in Mongolia averaged -5.58 percent from 1991 until 2016, reaching an all time high of 5.43 percent in 2006 and a record low of -27.40 percent in 2012.

Mongolia Current Account to GDP
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Mongolia Trade Last Previous Highest Lowest Unit
Balance of Trade 258.20 189.40 362.30 -369.70 USD Million [+]
Exports 474.60 396.80 640.60 15.40 USD Million [+]
Imports 285.20 213.80 748.73 14.70 USD Million [+]
Current Account -25.10 55.80 132.80 -627.90 USD Million [+]
Current Account to GDP -4.10 -4.00 5.43 -27.40 percent [+]
Foreign Direct Investment 12980.40 12738.40 16842.88 4949.50 USD Million [+]
Capital Flows -28.90 115.50 280.00 -931.10 USD Million [+]
Gold Reserves 1.74 1.30 9.92 0.00 Tonnes [+]
Remittances 5.80 11.50 18.61 -8.34 USD Million [+]
Crude Oil Production 23.00 23.00 27.85 0.00 BBL/D/1K [+]
Terrorism Index 0.00 0.00 0.00 0.00 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Mongolia Current Account to GDP Notes

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. Mongolia Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-4.10 -4.00 5.43 -27.40 1991 - 2016 percent Yearly



current account to gdp by Country

Last
Switzerland 11.00 Dec/15
Netherlands 9.10 Dec/15
Germany 8.80 Dec/15
South Korea 7.00 Dec/16
Euro Area 3.70 Dec/15
Japan 3.70 Dec/16
Italy 2.20 Dec/15
China 1.80 Dec/16
Russia 1.80 Dec/16
Spain 1.50 Dec/15
India -0.90 Dec/16
Brazil -1.30 Dec/16
France -1.40 Dec/15
Indonesia -1.80 Dec/16
United States -2.60 Dec/16
Australia -2.70 Dec/16
Mexico -2.70 Dec/16
Canada -3.30 Dec/15
Turkey -3.80 Dec/16
United Kingdom -4.40 Dec/16