Mongolia Current Account - Forecast

Current Account in Mongolia is expected to be -80.68 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 -80.99 in 12 months time. In the long-term, the Mongolia Current Account is projected to trend around -80.99 USD Million in 2020, according to our econometric models.


Mongolia Current Account
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Mongolia Trade Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade 116 119 144 141 143 143
Exports 696 629 649 643 645 645
Imports 580 510 505 502 502 501
Current Account -38.2 -80.68 -81.02 -80.98 -80.99 -80.99
Current Account to GDP -4.9 -22 -22 -12 -12 -7.5
Foreign Direct Investment 18020 18590 18833 19091 19277 20126
Capital Flows -231 25 72 -172 -174 91
Gold Reserves 3.6 3.46 3.29 3.31 3.42 3.38
Terrorism Index 0 0 0 0 0 0
Remittances 17.52 14.56 14.2 14.19 14.21 14.21
Crude Oil Production 20 19.99 19.99 19.99 19.99 19.99