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MacroMongolia

Government debt in Mongolia

How indebted is the state my taxes would go to?

Mongolia's government debt is 45.10 % — #47 of 124 countries on the atlas (lower is better). Period 2025.

45.10%

Checked 8 Sept 2026Period 2025

Source: IMF World Economic Outlook (general government gross debt, % of GDP)

The central government owes about 0.5 years' worth of the country's entire economic output.

Government debt in Mongolia over time

86.90 %58.95 %31.00 %86.90 % · 201731.00 % · 20082006: 40.90 %2007: 36.10 %2008: 31.00 %2009: 48.50 %2010: 31.00 %2011: 32.70 %2012: 43.70 %2013: 49.40 %2014: 44.00 %2015: 50.50 %2016: 78.70 %2017: 86.90 %2018: 76.50 %2019: 66.80 %2020: 83.40 %2021: 67.30 %2022: 64.50 %2023: 46.70 %2024: 44.10 %2025: 45.10 %20062016202545.10 %
20 official observations, 2006 → 2025. Every point is a published value — never interpolated.
Rank
#47 of 124
lower is better
Ranked behind
62 %
77 of 124 countries
Latest move
▲ 1.00 pp
since 2024
Below its peak
41.80 pp
peak 86.90 % in 2017
Full series
▲ 4.20 pp
since 2006

In Asia: #19 of 37vs median 54.55 %: −9.45 pp (better)

Among 124 countries

5 of 124 countries between 12.30 % and 17.86 %4 of 124 countries between 17.86 % and 23.42 %9 of 124 countries between 23.42 % and 28.97 %9 of 124 countries between 28.97 % and 34.53 %9 of 124 countries between 34.53 % and 40.09 %11 of 124 countries between 40.09 % and 45.65 %8 of 124 countries between 45.65 % and 51.21 %11 of 124 countries between 51.21 % and 56.77 %8 of 124 countries between 56.77 % and 62.32 %7 of 124 countries between 62.32 % and 67.88 %6 of 124 countries between 67.88 % and 73.44 %5 of 124 countries between 73.44 % and 79.00 %6 of 124 countries between 79.00 % and 84.56 %7 of 124 countries between 84.56 % and 90.12 %2 of 124 countries between 90.12 % and 95.67 %3 of 124 countries between 95.67 % and 101.23 %4 of 124 countries between 101.23 % and 106.79 %1 of 124 countries between 106.79 % and 112.35 %2 of 124 countries between 112.35 % and 117.91 %1 of 124 countries between 123.47 % and 129.02 %2 of 124 countries between 134.58 % and 140.14 %4 of 124 countries between 140.14 % and 145.70 %median 54.40 %Mongolia: ahead of 62 % of the 124 countries with a published government debtMongolia 45.10 %12.30 %145.70 %
Half of all 124 countries sit between 36.00 % and 80.30 %. Mongolia is ahead of 62 % of them. Axis trimmed to the 2nd–98th percentile; 5 values beyond it sit in the end bars.

The neighbourhood

#CountryGovernment debtvs Mongolia
45 Czech Republic44.60 %−0.50 pp
46 Norway45.00 %−0.10 pp
47 Mongolia45.10 %—
48 Malta46.80 %+1.70 pp
49 Latvia46.90 %+1.80 pp

General government gross debt as a share of GDP (IMF World Economic Outlook, annual).

How to read this figure

Central government debt as a share of GDP (World Bank). General government debt (including local government and social funds) can be meaningfully higher; comparisons across countries are indicative.

Next, about Mongolia

Debt per personGDP growthInflation rate
Government debt, all countries ranked →Compare Mongolia with another country →Everything about Mongolia →
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