Mongolia recorded a Current Account deficit of 12.30 percent of the country's Gross Domestic Product in 2020. source: Mongolbank
Current Account to GDP in Mongolia averaged -6.99 percent of GDP from 1991 until 2020, reaching an all time high of 5.43 percent of GDP in 2006 and a record low of -27.40 percent of GDP in 2012. This page provides - Mongolia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mongolia Current Account to GDP - values, historical data and charts - was last updated on October of 2021.
Current Account to GDP in Mongolia is expected to reach -13.00 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mongolia Current Account to GDP is projected to trend around -10.00 percent of GDP in 2022 and -5.50 percent of GDP in 2023, according to our econometric models.