That’s like buying 406,623 new cars at $30,000 each.
DebtClock.io
National Debt of Mongolia
41,353,394,894,760 ₮
Updated: - Data from IMF/World Bank/ECB
Debt as % of GDP
51.72%
Latest year: 2024
Debt (nominal)
41,353,394,894,760 ₮
MNT / USD toggle below
GDP (nominal)
79,956,293,300,000 ₮
Latest year: 2024
Population
3,278,292
Latest year: 2024
Interest per Year
1,240,601,846,843 ₮
≈ 39,312 ₮ / second
Debt per Citizen
12,614,311 ₮
Based on latest pop
Inflation (CPI, %)
6.80%
Year: 2024
GDP growth (%, real)
4.86%
Year: 2024
Unemployment (%)
5.42%
Year: 2024
Budget balance (% GDP)
-5.90%
Year: 2021
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Historical Trends
Debt-to-GDP (%)
Inflation (CPI, %)
GDP growth (% real)
Unemployment (%)
Budget balance (% of GDP)
Mongolia Economy Snapshot
The economy of Mongolia shows steady performance, with a nominal GDP of 80.0 trillion ₮ and average income of about 24,389,619 ₮ per person. Moderate inflation at 6.80%, while the economy posted solid growth of 4.86%. Low unemployment around 5.42%, and the government runs a substantial 5.90% fiscal deficit. The current exchange rate is 0.00 USD/MNT.
| GDP (nominal) | 79,956,293,300,000 ₮ |
|---|---|
| GDP per capita | 24,389,619 ₮ |
| Inflation | 6.80% |
| GDP growth | 4.86% |
| Unemployment | 5.42% |
| Budget balance | -5.90% |
| FX (USD/MNT) | 0.00 |
Mongolia Economy Facts
$100 bills would circle Earth 0.5 times if laid end-to-end.
Or 81 passenger planes enough for a global fleet.
Country Comparison
| Country | Debt as % of GDP | GDP (USD) |
|---|---|---|
 Philippines | 51.02% | $ 461.6B |
 Dominican Republic | 51.30% | $ 124.3B |
| Mongolia | 51.72% | $ 23.6B |
 Armenia | 52.44% | $ 25.8B |
 Netherlands | 52.59% | $ 1,227.5B |