Mongolia Current Account - Forecast

Current Account in Mongolia is expected to be -88.09 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 -54.37 in 12 months time. In the long-term, the Mongolia Current Account is projected to trend around -55.99 USD Million in 2020, according to our econometric models.


Mongolia Current Account
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Mongolia Trade Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade 192 170 96.47 129 125 124
Exports 643 548 502 527 517 520
Imports 452 378 406 394 391 395
Current Account -41.2 -88.09 -43.97 -60.41 -54.37 -55.99
Current Account to GDP -4.9 -22 -22 -22 -12 -7.5
Foreign Direct Investment 17245 16757 16757 16757 16757 16757
Capital Flows -116 -72 25 72 -189 91
Gold Reserves 3.1 2.91 2.99 3.06 3.04 3.02
Terrorism Index 0 0 0 0 0 0
Remittances 9.28 10.47 9.13 10.15 9.59 9.77
Crude Oil Production 20 20 20 20 20 20