Mongolia Consolidated Fiscal Balance: % of GDP

2000 - 2025 | Quarterly | % | CEIC Data

Key information about Mongolia Consolidated Fiscal Balance: % of GDP

  • Mongolia Consolidated Fiscal Balance recorded a deficit equal to 4.2 % of its Nominal GDP in Sep 2025, compared with a deficit equal to 3.4 % in the previous quarter
  • Mongolia Consolidated Fiscal Balance to GDP data is updated quarterly, available from Dec 2000 to Sep 2025, with an average ratio of -5.8 %
  • The data reached an all-time high of 16.1 % in Jun 2006 and a record low of -15.3 % in Dec 2016
CEIC calculates quarterly Consolidated Fiscal Balance as % of Nominal GDP from monthly Consolidated Fiscal Balance and quarterly Nominal GDP. The Ministry of Finance Mongolia provides year-to-date Consolidated Fiscal Balance in local currency. The National Statistics Office of Mongolia provides Nominal GDP in local currency. Nominal GDP prior to Q4 2010 is based on SNA 1993

View Mongolia's Consolidated Fiscal Balance: % of GDP from Dec 2000 to Sep 2025 in the chart:

Mongolia Consolidated Fiscal Balance: % of GDP

What was Mongolia's Consolidated Fiscal Balance: % of GDP in Sep 2025?

Mongolia Consolidated Fiscal Balance recorded a deficit equal to 4.2 % of its Nominal GDP in Sep 2025, compared with a deficit equal to 3.4 % in the previous quarter See the table below for more data.

Last Previous Min Max Unit Frequency Range
-4.2 Sep 2025 -3.4 Jun 2025 -15.3 Dec 2016 16.1 Jun 2006 % quarterly Dec 2000 - Sep 2025

Consolidated Fiscal Balance: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) -0.7 2024 yearly 1997 - 2024
Algeria (%) -2.6 2022 yearly 1994 - 2022
Argentina (%) 0.3 Jun 2025 quarterly Dec 2004 - Jun 2025
Armenia (%) -3.4 Sep 2025 quarterly Dec 2002 - Sep 2025
Australia (%) -3.2 Sep 2025 quarterly Jun 2003 - Sep 2025
Austria (%) -4.6 Sep 2025 quarterly Dec 2001 - Sep 2025
Azerbaijan (%) 0.4 Jun 2021 monthly Dec 2004 - Jun 2021
Bahrain (%) -4.8 2023 yearly 1998 - 2023
Bangladesh (%) -3.6 2024 yearly 2006 - 2024
Belarus (%) -0.4 Sep 2021 quarterly Sep 2006 - Sep 2021
Belgium (%) -4.5 2024 yearly 1970 - 2024
Bolivia (%) -11.2 2024 yearly 1990 - 2024
Bosnia and Herzegovina (%) 1.8 Sep 2025 quarterly Dec 2008 - Sep 2025
Botswana (%) -2.3 Sep 2025 quarterly Mar 2004 - Sep 2025
Brazil (%) -7.4 Dec 2025 quarterly Dec 1997 - Dec 2025
Brunei (%) -13.3 2024 yearly 2000 - 2024
Bulgaria (%) -4.3 Sep 2025 quarterly Sep 2003 - Sep 2025
Cambodia (%) -4.1 2023 yearly 2007 - 2023
Canada (%) -1.3 Sep 2025 quarterly Jun 1993 - Sep 2025
Chile (%) -2.8 2024 yearly 1990 - 2024
China (%) -5.1 Dec 2025 quarterly Dec 1995 - Dec 2025
Colombia (%) -6.9 Jun 2025 quarterly Dec 2000 - Jun 2025
Croatia (%) -2.4 2024 yearly 2002 - 2024
Cyprus (%) 3.5 Sep 2025 quarterly Dec 1995 - Sep 2025
Czech Republic (%) -2.0 Sep 2025 quarterly Dec 1999 - Sep 2025
Denmark (%) 3.5 Sep 2025 quarterly Dec 1999 - Sep 2025
Ecuador (%) -2.9 Sep 2025 quarterly Dec 2000 - Sep 2025
Estonia (%) -1.1 Sep 2025 quarterly Dec 1999 - Sep 2025
European Union (%) -3.1 2024 yearly 1995 - 2024
Finland (%) -3.4 Sep 2025 quarterly Dec 1999 - Sep 2025
France (%) -5.6 Sep 2025 quarterly Dec 1949 - Sep 2025
Georgia (%) -1.3 Sep 2025 quarterly Dec 2006 - Sep 2025
Germany (%) -2.3 Sep 2025 quarterly Dec 1991 - Sep 2025
Ghana (%) -1.5 Jun 2025 quarterly Dec 2008 - Jun 2025
Greece (%) -1.3 Dec 2018 monthly Apr 1999 - Dec 2018
Hong Kong SAR, China (%) 1.3 Sep 2025 quarterly Mar 1997 - Sep 2025
Hungary (%) -3.4 Jun 2025 quarterly Dec 1999 - Jun 2025
Iceland (%) -1.2 Sep 2025 quarterly Mar 2002 - Sep 2025
India (%) -4.9 Sep 2025 quarterly Mar 2005 - Sep 2025
Indonesia (%) -2.9 Dec 2025 quarterly Dec 2014 - Dec 2025
Iran (%) -3.4 Mar 2021 quarterly Mar 2006 - Mar 2021
Ireland (%) 1.4 Sep 2025 quarterly Dec 2000 - Sep 2025
Israel (%) -4.8 Sep 2025 quarterly Dec 1999 - Sep 2025
Italy (%) -3.5 Mar 2025 quarterly Dec 1999 - Mar 2025
Ivory Coast (%) -4.0 2024 yearly 1960 - 2024
Japan (%) -4.6 2026 yearly 1996 - 2026
Jordan (%) 1.0 2018 yearly 1999 - 2018
Kazakhstan (%) -0.2 Sep 2025 quarterly Dec 2008 - Sep 2025
Kenya (%) -6.6 Sep 2025 quarterly Dec 2009 - Sep 2025
South Korea (%) -2.1 Sep 2025 quarterly Jun 2000 - Sep 2025
Kosovo (%) 0.2 Sep 2023 quarterly Dec 2010 - Sep 2023
Kuwait (%) -2.1 2024 yearly 1988 - 2024
Kyrgyzstan (%) 7.5 Sep 2025 monthly Jan 2007 - Sep 2025
Laos (%) 2.3 2024 yearly 2012 - 2024
Latvia (%) -2.2 Sep 2025 quarterly Dec 1999 - Sep 2025
Lebanon (%) 0.9 2021 yearly 1992 - 2021
Lithuania (%) -1.8 Jun 2025 quarterly Dec 1999 - Jun 2025
Luxembourg (%) 0.9 2024 yearly 1995 - 2024
Macau SAR, China (%) 7.9 Jun 2025 quarterly Dec 2003 - Jun 2025
North Macedonia (%) -4.6 2024 yearly 1993 - 2024
Malawi (%) -1.3 Sep 2025 monthly Apr 2005 - Sep 2025
Malaysia (%) -6.4 2024 yearly 1970 - 2024
Malta (%) -3.9 Sep 2025 quarterly Dec 1999 - Sep 2025
Mauritius (%) -8.8 Sep 2025 quarterly Dec 2010 - Sep 2025
Mexico (%) -4.1 Sep 2025 quarterly Dec 1980 - Sep 2025
Moldova (%) -3.9 2024 yearly 1998 - 2024
Mongolia (%) -4.2 Sep 2025 quarterly Dec 2000 - Sep 2025
Montenegro (%) -5.1 Sep 2025 quarterly Dec 2012 - Sep 2025
Morocco (%) -3.9 2024 yearly 1980 - 2024
Mozambique (%) -2.7 2016 yearly 1996 - 2016
Myanmar (%) -2.8 2023 yearly 1986 - 2023
Nepal (%) -10.0 2018 yearly 2012 - 2018
Netherlands (%) -1.4 Jun 2025 quarterly Dec 1999 - Jun 2025
New Zealand (%) -1.0 Sep 2025 quarterly Dec 1999 - Sep 2025
Nigeria (%) -4.0 Dec 2024 quarterly Dec 2010 - Dec 2024
Norway (%) 12.8 Jun 2025 quarterly Dec 2002 - Jun 2025
Oman (%) 2.3 Sep 2023 quarterly Dec 2005 - Sep 2023
Pakistan (%) -2.6 2025 yearly 2000 - 2025
Palestinian Territory (%) 1.2 2024 yearly 2010 - 2024
Panama (%) -6.6 2024 yearly 2003 - 2024
Paraguay (%) -0.5 Sep 2025 quarterly Dec 2003 - Sep 2025
Peru (%) -2.5 Sep 2025 quarterly Dec 1990 - Sep 2025
Philippines (%) -6.0 Sep 2025 quarterly Dec 1985 - Sep 2025
Poland (%) -6.5 2024 yearly 1995 - 2024
Portugal (%) 0.4 Sep 2025 quarterly Dec 1995 - Sep 2025
Qatar (%) -0.7 Sep 2025 quarterly Mar 2011 - Sep 2025
Romania (%) -8.5 Sep 2025 quarterly Dec 2004 - Sep 2025
Russia (%) -4.4 Sep 2025 quarterly Dec 1993 - Sep 2025
Saudi Arabia (%) -2.8 2024 yearly 1969 - 2024
Serbia (%) -2.8 Sep 2025 quarterly Dec 2005 - Sep 2025
Singapore (%) 3.0 Dec 2025 quarterly Mar 2012 - Dec 2025
Slovakia (%) -6.2 2020 yearly 1995 - 2020
Slovenia (%) -2.1 Sep 2025 quarterly Dec 2000 - Sep 2025
South Africa (%) -4.1 Sep 2025 quarterly Dec 1990 - Sep 2025
Spain (%) -2.9 Sep 2025 quarterly Dec 1995 - Sep 2025
Sri Lanka (%) -4.7 Sep 2025 quarterly Dec 2014 - Sep 2025
Sudan (%) -0.6 2021 yearly 2001 - 2021
Sweden (%) -1.6 2024 yearly 1995 - 2024
Switzerland (%) 0.5 2024 yearly 1990 - 2024

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Mongolia Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.2 Sep 2025 quarterly Dec 2000 - Sep 2025
Consolidated Fiscal Balance (USD mn) 152.759 Dec 2025 monthly Jan 2000 - Dec 2025
Tax Revenue (USD mn) 804.827 Dec 2025 monthly Jan 2000 - Dec 2025
Tax Revenue: % of GDP (%) 27.4 Sep 2025 quarterly Mar 2000 - Sep 2025
Government Debt: % of GDP (%) 38.6 Jun 2025 quarterly Dec 2017 - Jun 2025
Forecast: Government Expenditure (MNT bn) 58,083.013 2030 yearly 1981 - 2030
Forecast: Government Net Debt (MNT bn) 98,835.528 2030 yearly 2006 - 2030
Forecast: Government Revenue (MNT bn) 53,758.183 2030 yearly 1981 - 2030
General Government Expenditure & NL: ytd: Expenditure: Capital (MNT mn) 7,090,434.100 Dec 2025 monthly Dec 1999 - Dec 2025
General Government Expenditure & NL: ytd: Net Lending (MNT mn) 12,305.900 Dec 2025 monthly Dec 1999 - Dec 2025
General Government Revenue & Grants: ytd: Tax: Value Added Tax (MNT mn) 5,401,694.400 Nov 2025 monthly Dec 1999 - Nov 2025
General Government Balance: ytd (MNT mn) -1,231,538.700 Dec 2025 monthly Dec 1999 - Dec 2025
General Government Expenditure & NL: ytd: Expenditure: Current (MNT mn) 24,186,464.300 Dec 2025 monthly Dec 1999 - Dec 2025
General Government Revenue & Grants: ytd: Tax: Excises (MNT mn) 885,491.900 Nov 2025 monthly Dec 1999 - Nov 2025
General Government Expenditure & NL: ytd: Expenditure (MNT mn) 2,154,886.548 Jan 2025 monthly Dec 1999 - Jan 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.185 2028 yearly 1981 - 2028
Trade Balance (USD mn) 906.5 Jan 2026 monthly Jan 1997 - Jan 2026
Total Exports (USD mn) 1,749.4 Jan 2026 monthly Jan 1997 - Jan 2026
Total Exports Growth (%) 7.9 Oct 2025 monthly Jan 1998 - Oct 2025
Aluminum: Exports (USD th) 17,602.481 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 117.835 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 3,906.650 2024 yearly 1995 - 2024
Total Imports (USD mn) 843.0 Jan 2026 monthly Jan 1997 - Jan 2026
Total Imports Growth (%) -12.6 Jan 2026 monthly Jan 1998 - Jan 2026
Imports: Medicament (USD th) 194,649.356 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 151,307.381 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 41.548 Jan 2026 monthly Dec 1999 - Jan 2026
Total Imports from USA (USD mn) 18.390 Jan 2026 monthly Dec 1999 - Jan 2026
Total Exports to China (USD mn) 1,553.741 Jan 2026 monthly Dec 1999 - Jan 2026
Total Imports from China (USD mn) 311.636 Jan 2026 monthly Dec 1999 - Jan 2026
Exports: Live Animals and Products of Animal Origin (USD th) 7,944.969 Jan 2026 monthly Dec 1999 - Jan 2026
Exports: Textiles and Textile Articles (USD th) 15,563.220 Jan 2026 monthly Dec 1999 - Jan 2026
Exports: Mineral Products (USD th) 1,507,033.301 Jan 2026 monthly Dec 1999 - Jan 2026
Exports: Europe: European Union: ow United Kingdom (USD th) 322.384 Jan 2026 monthly Dec 1999 - Jan 2026
Exports: Asia: North Eastern: ow China (USD th) 1,555,704.189 Jan 2026 monthly Dec 1999 - Jan 2026
Imports: Auto, Air and Water Transport Vehicles and Their Spare Parts (USD th) 108,940.104 Jan 2026 monthly Dec 1999 - Jan 2026
Imports: Machinery, Equipment, Electric Appliances, Recorders, TV Sets and Spare... (USD th) 182,826.293 Jan 2026 monthly Dec 1999 - Jan 2026
Imports: Mineral Products (USD th) 258,396.771 Jan 2026 monthly Dec 1999 - Jan 2026
Imports: Base Metals and Articles Thereof (USD th) 56,517.566 Jan 2026 monthly Dec 1999 - Jan 2026
Imports: Food Products (USD th) 60,185.922 Jan 2026 monthly Dec 1999 - Jan 2026
Imports: America: ow USA (USD th) 18,389.955 Jan 2026 monthly Dec 1999 - Jan 2026
Imports: Asia: North Eastern: ow Japan (USD th) 74,918.823 Jan 2026 monthly Dec 1999 - Jan 2026
Imports: Europe: Others: ow Russian Federation (USD th) 262,400.155 Jan 2026 monthly Dec 1999 - Jan 2026
Imports: Asia: North Eastern: ow China (USD th) 313,092.200 Jan 2026 monthly Dec 1999 - Jan 2026
Imports: Asia: North Eastern: ow Republic of Korea (USD th) 22,974.082 Jan 2026 monthly Dec 1999 - Jan 2026
Exports: Base Metals and Articles Thereof (USD th) 5,374.900 Mar 2019 monthly Dec 1999 - Mar 2019
Exports: America: USA (USD th) 486.100 Dec 2018 monthly Dec 1999 - Dec 2018
Export Value Index (2015=100) 198.040 2021 yearly 1980 - 2021
Import Value Index (2015=100) 180.345 2021 yearly 1980 - 2021
Export Volume Index (2015=100) 109.807 2021 yearly 2000 - 2021
Import Volume Index (2015=100) 147.693 2021 yearly 2000 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 8.8 Dec 2025 monthly Jan 2009 - Dec 2025
Current Account Balance (USD mn) 399.4 Dec 2025 monthly Jan 2009 - Dec 2025
Current Account Balance: % of GDP (%) -4.1 Sep 2025 quarterly Mar 2000 - Sep 2025
Foreign Direct Investment (USD mn) -192.1 Dec 2025 monthly Jan 2009 - Dec 2025
Foreign Direct Investment: % of GDP (%) 15.6 Sep 2025 quarterly Mar 2000 - Sep 2025
Foreign Portfolio Investment (USD mn) 198.065 Dec 2025 quarterly Mar 1998 - Dec 2025
Foreign Portfolio Investment: % of GDP (%) 10.7 Sep 2025 quarterly Mar 2000 - Sep 2025
Foreign Portfolio Investment: Equity Securities (USD mn) -1.4 Dec 2025 quarterly Mar 1998 - Dec 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 199.417 Dec 2025 quarterly Mar 1998 - Dec 2025
External Debt (USD mn) 40,439.3 Sep 2025 quarterly Mar 2000 - Sep 2025
External Debt: % of GDP (%) 157.9 2024 yearly 1992 - 2024
External Debt: Short Term (USD mn) 2,640.4 Sep 2025 quarterly Mar 2000 - Sep 2025
External Debt: Short Term: % of GDP (%) 8.6 2024 yearly 1992 - 2024
Forecast: Current Account Balance (USD bn) -4.078 2030 yearly 1991 - 2030
Net International Investment Position (USD mn) -45,651.362 Sep 2025 quarterly Dec 2010 - Sep 2025
Balance of Payments (BoP): Current Account (CA) (USD mn) 399.399 Dec 2025 monthly Jan 2009 - Dec 2025
BoP: CA: Goods & Services: Goods (USD mn) 945.222 Dec 2025 monthly Jan 2009 - Dec 2025
BoP: CA: Primary Income (USD mn) -195.297 Dec 2025 monthly Jan 2009 - Dec 2025
BoP: CA: Secondary Income (USD mn) 14.031 Dec 2025 monthly Jan 2009 - Dec 2025
BoP: CA: Goods & Services: Services (USD mn) -364.558 Dec 2025 monthly Jan 2009 - Dec 2025
BoP: Financial Account (FA) (USD mn) -257.706 Dec 2025 monthly Jan 2009 - Dec 2025
BoP: Capital Account (USD mn) 14.776 Dec 2025 monthly Jan 2009 - Dec 2025
BoP: FA: Portfolio Investment (USD mn) -126.175 Dec 2025 monthly Jan 2009 - Dec 2025
BoP: FA: Direct Investment: Asset (USD mn) 8.767 Dec 2025 monthly Jan 2009 - Dec 2025
BoP: FA: Portfolio Investment: Asset (USD mn) -21.622 Dec 2025 monthly Jan 2009 - Dec 2025
BoP: FA: Direct Investment: Liabilities (USD mn) -192.079 Dec 2025 monthly Jan 2009 - Dec 2025
BoP: FA: Direct Investment (USD mn) 200.846 Dec 2025 monthly Jan 2009 - Dec 2025
BoP: FA: Portfolio Investment: Liabilities (USD mn) 104.553 Dec 2025 monthly Jan 2009 - Dec 2025
BoP: FA: Financial Derivatives (USD mn) -2.667 Dec 2025 monthly Jan 2009 - Dec 2025
BoP: FA: Financial Derivatives: Asset (USD mn) -1.792 Dec 2025 monthly Jan 2009 - Dec 2025
BoP: FA: Other Investment (OI) (USD mn) -329.709 Dec 2025 monthly Jan 2009 - Dec 2025
BoP: FA: OI: Asset (USD mn) -366.607 Dec 2025 monthly Jan 2009 - Dec 2025
BoP: Net Errors & Omissions (USD mn) 296.701 Dec 2025 monthly Jan 2009 - Dec 2025
BoP: FA: OI: Liabilities (USD mn) -36.898 Dec 2025 monthly Jan 2009 - Dec 2025
BoP: FA: Financial Derivatives: Liabilities (USD mn) 0.875 Dec 2025 monthly Jan 2009 - Dec 2025
BoP: Reserves: Assets (USD mn) 968.581 Dec 2025 monthly Jan 2009 - Dec 2025
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 5.1 Dec 2025 monthly Dec 1996 - Dec 2025
Household Debt: % of GDP (%) 29.7 Sep 2025 quarterly Mar 2004 - Sep 2025
Non-Performing Loans (USD mn) 626.061 Dec 2025 monthly Dec 1996 - Dec 2025
Money Supply M1 (USD mn) 3,156.475 Dec 2025 monthly Dec 1996 - Dec 2025
Money Supply M2 (USD mn) 13,232.638 Dec 2025 monthly Dec 1996 - Dec 2025
M2 Growth (%) 8.8 Dec 2025 monthly Dec 1997 - Dec 2025
Reserve Requirement Ratio (%) 13.0 Jan 2026 monthly Jan 2005 - Jan 2026
Foreign Exchange Reserves (USD mn) 5,330.6 Jan 2026 monthly Dec 1992 - Jan 2026
Foreign Exchange Reserves: % of GDP (%) 19.853 Sep 2025 quarterly Dec 2010 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 6.3 Jan 2026 monthly Jan 1997 - Jan 2026
Gold Reserves (USD mn) 1,310.238 Jan 2026 monthly Dec 1980 - Jan 2026
Total Deposits (USD mn) 8,470.331 Nov 2025 monthly Jan 2000 - Nov 2025
Total Deposits Growth (%) 17.6 Nov 2025 monthly Jan 2001 - Nov 2025
Domestic Credit (USD mn) 12,170.3 Dec 2025 monthly Dec 1991 - Dec 2025
Domestic Credit Growth (%) 22.5 Dec 2025 monthly Dec 1992 - Dec 2025
Household Debt (USD mn) 7,299.2 Dec 2025 monthly Jan 2004 - Dec 2025
Total Loans (USD mn) 12,382.569 Dec 2025 monthly Dec 1996 - Dec 2025
Total Loans Growth (%) 18.87 Dec 2025 monthly Dec 1997 - Dec 2025
Private Debt: % of Nominal GDP (%) 49.12 Sep 2025 quarterly Dec 2010 - Sep 2025
International Reserves: Gross (USD mn) 6,737.650 Jan 2026 monthly Jan 2006 - Jan 2026
Money Supply: M2: M1 (MNT mn) 11,226,982.066 Dec 2025 monthly Dec 1990 - Dec 2025
Loans: Outstanding Amounts: Non Performing Loans (MNT mn) 2,226,780.699 Dec 2025 monthly Dec 1996 - Dec 2025
Deposits (MNT tn) 31.800 Dec 2025 monthly Jan 2000 - Dec 2025
Deposits: Corporate (MNT tn) 6.400 Dec 2025 monthly May 2018 - Dec 2025
Deposits: Individual (MNT tn) 25.400 Dec 2025 monthly May 2018 - Dec 2025

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