Mongolia recorded a Government Debt to GDP of 33 percent of the country's Gross Domestic Product in 2024. Government Debt to GDP in Mongolia averaged 52.81 percent of GDP from 1992 until 2024, reaching an all time high of 95.73 percent of GDP in 2003 and a record low of 20.62 percent of GDP in 1992. source: Bank of Mongolia

Government Debt to GDP in Mongolia is expected to reach 30.00 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mongolia Government Debt to GDP is projected to trend around 27.00 percent of GDP in 2026 and 26.00 percent of GDP in 2027, according to our econometric models.



Related Last Previous Unit Reference
Credit Rating 35.00 Jan 2026
Fiscal Expenditure 3910366.40 2504233.10 MNT Million Dec 2025
Government Budget 0.20 3.10 percent of GDP Dec 2024
Government Budget Value -1231538.20 -1773708.70 MNT Million Dec 2025
Government Debt to GDP 33.00 40.00 percent of GDP Dec 2024
Government Revenues 5029377.30 2594965.10 MNT Million Dec 2025
Government Spending 1434463.80 1780998.40 MNT Million Sep 2025
Holidays
Military Expenditure 180.80 111.50 USD Million Dec 2024


Mongolia Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.
Actual Previous Highest Lowest Dates Unit Frequency
33.00 40.00 95.73 20.62 1992 - 2024 percent of GDP Yearly