Mongolia
Government debt in Mongolia
Government debt in Mongolia: 40.9% of GDP in 2006 and 45% of GDP in 2025, by IMF estimates.
- Latest, 2025
- 45% of GDP
- Since 2006
- +4.1 percentage points
- Rank, 2025
- 91 of 149
- counting from the highest
- Projected, 2031
- 61.7% of GDP
- IMF projection (World Economic Outlook, October 2026)
% of GDP · IMF
What the numbers say
- The IMF projection (World Economic Outlook, October 2026) puts it at 61.7% of GDP in 2031.
- The highest was 86.9% of GDP in 2017, the lowest 31% of GDP in 2010.
Every year
% of GDP · IMF
| Year | Mongolia |
|---|---|
| 2025 | 45 |
| 2024 | 44.1 |
| 2023 | 46.7 |
| 2022 | 64.5 |
| 2021 | 67.3 |
| 2020 | 83.4 |
| 2019 | 66.8 |
| 2018 | 76.5 |
| 2017 | 86.9 |
| 2016 | 78.7 |
| 2015 | 50.6 |
| 2014 | 44 |
| 2013 | 49.4 |
| 2012 | 43.7 |
| 2011 | 32.7 |
| 2010 | 31 |
| 2009 | 48.5 |
| 2008 | 31 |
| 2007 | 36.1 |
| 2006 | 40.9 |
IMF projection (World Economic Outlook, October 2026) · 2026–2031
| Year | Mongolia |
|---|---|
| 2026 | 44.1 |
| 2027 | 48.3 |
| 2028 | 53.6 |
| 2029 | 56.5 |
| 2030 | 59.5 |
| 2031 | 61.7 |
Good to know
- What the government owes, as a share of the economy’s yearly output.
- Source: IMF, World Economic Outlook, October 2026.
- The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
- Ranks count the 149 countries with a value in 2025, highest first.
How the layers work, where their data comes from and what they can’t tell you: Countries through time
Mongolia in numbers
Every measure for Mongolia on one page
Health
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Politics
Conflict
Military
- Military spending0.88% of GDP in 2025
- Military spending in US dollars$214M in 2025
- Military spending per person$63 in 2025
- Military share of state spending2.5% of government spending in 2025
- Armed forces personnel18,000 people in 2020
- National power0.03% of world capability in 2022
- Armed forces, share of workers1.27% of the labour force in 2020
- Arms imports3 million TIV in 2022