Mongolia: Short-term external debt

* indicates monthly or quarterly data series
 Mongolia

Short-term debt, percent of total external debt

 Latest value 6.16
 Year 2022
 Measure percent
 Data availability 1992 - 2022
 Average 6.21
 Min - Max 0.76 - 18.46
 Source The World Bank
The latest value from 2022 is 6.16 percent, an increase from 4.13 percent in 2021. In comparison, the world average is 11.18 percent, based on data from 120 countries. Historically, the average for Mongolia from 1992 to 2022 is 6.21 percent. The minimum value, 0.76 percent, was reached in 1994 while the maximum of 18.46 percent was recorded in 2003. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Mongolia - Short-term external debt - Recent values chart

Historical series
Mongolia - Short-term external debt - historical chart - 1992-2022




Definition: Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Terms of trade 147.70 2021 percent
 Trade openness 147.24 2023 percent
 Financial openness 1.610 2021 index points
 Exports, percent of GDP 78.01 2023 percent
 Exports, billion dollars 15.50 2023 billion U.S. dollars
 Growth of exports 42.93 2023 percent
 Imports, percent of GDP 69.23 2023 percent
 Imports, billion dollars 13.76 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 11.31 2023 percent
 Foreign Direct Investment, billion dollars 2.50 2022 billion U.S. dollars
 Portfolio investment inflows, equities 12.73 2023 million dollars (current)
 Current account, percent of GDP -19.50 2022 percent
 Current account, in dollars 0.12 2023 billion U.S. dollars
 Trade balance, percent of GDP 8.79 2023 percent
 Trade balance, in dollars 1.96 2023 billion U.S. dollars
 Reserves 4.78 2023 billion U.S. dollars
 Remittances, percent of GDP 2.21 2023 percent
 Remittances 440.00 2023 million U.S. dollars
 Net errors and omissions -275.73 2023 million USD
 External debt 224.08 2022 percent
 Short-term external debt 6.16 2022 percent
 Short-term debt to reserves 61.19 2022 percent
 Foreign exchange reserves 4.66 9/2024 billion
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