Mongolia recorded a Current Account deficit of 6.90 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in Mongolia averaged -8.20 percent of GDP from 1991 until 2024, reaching an all time high of 10.90 percent of GDP in 2006 and a record low of -43.80 percent of GDP in 2012. source: International Monetary Fund
Current Account to GDP in Mongolia is expected to reach -12.90 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mongolia Current Account to GDP is projected to trend around -12.40 percent of GDP in 2027 and -12.60 percent of GDP in 2028, according to our econometric models.