Mongolia Current Account - Forecast

Current Account in Mongolia is expected to be -80.60 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Mongolia to stand at -80.90 in 12 months time. In the long-term, the Mongolia Current Account is projected to trend around -95.00 USD Million 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 18.23 110 85 95 105 220
Exports 555 680 650 605 580 730
Imports 536 570 565 510 475 510
Current Account -143 -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 18969 18500 19000 19300 19650 20100
Capital Flows -257 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 10.44 14.5 16.1 16.3 15.7 17
Crude Oil Production 20 19.99 19.99 19.99 19.99 19.99