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MacroMongolia

Government debt in Mongolia

How indebted is the state my taxes would go to?

Mongolia's government debt is 45.00 % — #46 of 125 countries on the atlas (lower is better). Period 2025.

45.00%

Checked 24 Oct 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: 45.00 %20062016202545.00 %
20 official observations, 2006 → 2025. Every point is a published value — never interpolated.
Rank
#46 of 125
lower is better
Ranked behind
63 %
79 of 125 countries
Latest move
▲ 0.90 pp
since 2024
Below its peak
41.90 pp
peak 86.90 % in 2017
Full series
▲ 4.10 pp
since 2006

In Asia: #19 of 37vs median 54.70 %: −9.70 pp (better)

Among 125 countries

6 of 125 countries between 12.30 % and 17.90 %2 of 125 countries between 17.90 % and 23.49 %10 of 125 countries between 23.49 % and 29.09 %11 of 125 countries between 29.09 % and 34.68 %8 of 125 countries between 34.68 % and 40.28 %9 of 125 countries between 40.28 % and 45.88 %7 of 125 countries between 45.88 % and 51.47 %13 of 125 countries between 51.47 % and 57.07 %8 of 125 countries between 57.07 % and 62.66 %10 of 125 countries between 62.66 % and 68.26 %4 of 125 countries between 68.26 % and 73.85 %3 of 125 countries between 73.85 % and 79.45 %7 of 125 countries between 79.45 % and 85.05 %6 of 125 countries between 85.05 % and 90.64 %2 of 125 countries between 90.64 % and 96.24 %6 of 125 countries between 96.24 % and 101.83 %2 of 125 countries between 101.83 % and 107.43 %1 of 125 countries between 107.43 % and 113.02 %2 of 125 countries between 113.02 % and 118.62 %1 of 125 countries between 124.22 % and 129.81 %2 of 125 countries between 135.41 % and 141.00 %5 of 125 countries between 141.00 % and 146.60 %median 54.70 %Mongolia: ahead of 63 % of the 125 countries with a published government debtMongolia 45.00 %12.30 %146.60 %
Half of all 125 countries sit between 36.10 % and 81.70 %. Mongolia is ahead of 63 % of them. Axis trimmed to the 2nd–98th percentile; 5 values beyond it sit in the end bars.

The neighbourhood

#CountryGovernment debtvs Mongolia
44 Czech Republic44.20 %−0.80 pp
45 Netherlands44.70 %−0.30 pp
46 Mongolia45.00 %—
47 Malta46.20 %+1.20 pp
48 Armenia46.90 %+1.90 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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