Interest payments in Mongolia
Mongolia: Interest payments was 4.3% in 2024. ◆ Volatile
Interest payments in Mongolia, 1992–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Mongolia recorded 4.3% for interest payments in 2024.
That represents a change of down 4.4% on the previous year and down 50.9% over ten years.
Over the whole period, interest payments in Mongolia peaked at 18.3% in 2016 and was at its lowest, 0.6%, in 1992.
That places Mongolia 97th out of 155 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Interest payments in Mongolia, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1992 | 0.6% | — |
| 1993 | 4.2% | +568.5% |
| 1994 | 2.6% | -37.0% |
| 1995 | 1.6% | -38.0% |
| 1996 | 3.2% | +93.4% |
| 1997 | 10.9% | +245.5% |
| 1998 | 6.2% | -43.5% |
| 1999 | 8.5% | +37.6% |
| 2000 | 6.0% | -29.4% |
| 2001 | 4.5% | -24.5% |
| 2002 | 5.0% | +9.7% |
| 2003 | 3.1% | -38.4% |
| 2006 | 1.2% | -61.2% |
| 2007 | 1.0% | -18.3% |
| 2008 | 1.0% | +0.6% |
| 2009 | 1.6% | +59.9% |
| 2010 | 1.4% | -10.3% |
| 2011 | 0.9% | -32.8% |
| 2012 | 2.7% | +190.5% |
| 2013 | 5.0% | +82.7% |
| 2014 | 8.7% | +73.9% |
| 2015 | 13.5% | +55.4% |
| 2016 | 18.3% | +35.6% |
| 2017 | 16.0% | -12.2% |
| 2018 | 10.9% | -31.8% |
| 2019 | 6.9% | -37.0% |
| 2020 | 8.7% | +26.1% |
| 2021 | 6.2% | -29.0% |
| 2022 | 4.2% | -32.6% |
| 2023 | 4.5% | +7.2% |
| 2024 | 4.3% | -4.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.7% | 0.6% | 10.9% | 8 |
| 2000s | 2.9% | 1.0% | 6.0% | 8 |
| 2010s | 8.4% | 0.9% | 18.3% | 10 |
| 2020s | 5.5% | 4.2% | 8.7% | 5 |
Countries ranked near Mongolia
More public sector data for Mongolia
- Arms imports 3.00 million SIPRI trend indicator values (2022)
- Arms imports (SIPRI trend indicator values), per capita 0.8737 SIPRI trend indicator values per person (2022)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2022)
- Arms imports (SIPRI trend indicator values), annual growth rate -88 % change on previous year (2022)
- Arms imports (SIPRI trend indicator values), gaps filled 3.00 million SIPRI trend indicator values (2022)
- Military expenditure (current USD), per capita 51.31 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0076 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 62.24 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 180.84 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 1.93 SIPRI trend indicator values per square kilometre (2022)
Frequently asked questions
- What is interest payments in Mongolia?
- Interest payments in Mongolia was 4.3% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Mongolia?
- The highest recorded value was 18.3% in 2016.
- What is the lowest interest payments recorded in Mongolia?
- The lowest recorded value was 0.6% in 1992.
- How does Mongolia rank for interest payments?
- Mongolia ranks 97th out of 155 countries with data for 2024.
- Is interest payments rising or falling in Mongolia?
- Over the last ten years it is down 50.9%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (% of revenue). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.