Gross debt in Mongolia

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. On the other hand not included in the gross debt are the demands of a country to foreign ones.

The gross debt in Mongolia in the period from 1998 to 2020 was between 745.1 million and 9.4 billion USD. The highest level of the last years at 9 billion US Dollar was reached in 2020.

Based on the number of inhabitants, this is in Mongolia a debt of 2,856 USD per person. For comparison: The average debt per person in the same year in the European Union was 30,780 USD.

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Gross debt of the last 22 years in billion USD

YearMongolia totalMongolia per capitaEU per capita
19980.75 bn USD316 USD12,387 USD
19990.94 bn USD395 USD12,342 USD
20000.77 bn USD322 USD9,877 USD
20010.75 bn USD310 USD9,894 USD
20020.86 bn USD352 USD10,773 USD
20031.23 bn USD498 USD13,433 USD
20041.28 bn USD514 USD15,459 USD
20051.41 bn USD558 USD16,095 USD
20061.43 bn USD559 USD16,570 USD
20071.55 bn USD596 USD18,334 USD
20082.17 bn USD824 USD21,119 USD
20092.05 bn USD767 USD22,222 USD
20101.90 bn USD698 USD26,496 USD
20113.05 bn USD1,100 USD29,231 USD
20125.62 bn USD1,989 USD28,064 USD
20136.46 bn USD2,241 USD29,836 USD
20146.95 bn USD2,363 USD30,512 USD
20157.24 bn USD2,415 USD25,813 USD
20168.81 bn USD2,883 USD26,165 USD
20178.32 bn USD2,672 USD26,931 USD
20188.37 bn USD2,640 USD28,362 USD
20198.43 bn USD2,614 USD27,095 USD
20209.36 bn USD2,856 USD30,780 USD

Comparison of the gross debt per capita with the European Union in Euro

      Mongolia       European Union

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