Mongolia Crude Oil Production - Forecast

Crude Oil Production in Mongolia is expected to be 20.00 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Mongolia to stand at 20.00 in 12 months time. In the long-term, the Mongolia Crude Oil Production is projected to trend around 20.00 BBL/D/1K in 2020, according to our econometric models.


Forecast Data Chart
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Mongolia Trade Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade 28.76 110 85 95 105 220
Exports 535 680 650 605 580 730
Imports 507 570 565 510 475 510
Current Account -184 -80.6 -88 -50 -80.9 -95
Current Account to GDP -4.9 -4.5 -4.5 -5.8 -5.8 -5.2
Foreign Direct Investment 18020 18500 19000 19300 19650 20100
Capital Flows 154 25 72 -19 37 91
Gold Reserves 3.6 3.4 3.6 3.3 3.4 3.3
Terrorism Index 0 0 0 0 0 0
Remittances 17.52 14.5 16.1 16.3 15.7 17
Crude Oil Production 20 20 20 20 20 20