Total debt service in Mongolia

Mongolia: Total debt service was 26.8% in 2023. β—† Volatile

Latest (2023)
26.8%
Change on year
up 4.3%
World rank
2nd
of 119 countries
All-time high
89.0%
in 2019
All-time low
1.4%
in 2007
Years of data
32
1992–2023

Total debt service in Mongolia, 1992–2023

0204060801992200720231992: 5.2 % of GNI1993: 3.5 % of GNI1994: 4.9 % of GNI1995: 3.7 % of GNI1996: 4 % of GNI1997: 5.4 % of GNI1998: 2.8 % of GNI1999: 2.3 % of GNI2000: 3.7 % of GNI2001: 3.7 % of GNI2002: 3.9 % of GNI2003: 18.3 % of GNI2004: 2.2 % of GNI2005: 1.8 % of GNI2006: 1.5 % of GNI2007: 1.4 % of GNI2008: 1.5 % of GNI2009: 2.8 % of GNI2010: 3.6 % of GNI2011: 2.6 % of GNI2012: 10.5 % of GNI2013: 11.8 % of GNI2014: 12 % of GNI2015: 17.2 % of GNI2016: 14.2 % of GNI2017: 37.5 % of GNI2018: 64.1 % of GNI2019: 89 % of GNI2020: 22.1 % of GNI2021: 20.4 % of GNI2022: 25.7 % of GNI2023: 26.8 % of GNI

Source: UNESCO Institute for Statistics. Measured in % of GNI.

Analysis

Mongolia recorded 26.8% for total debt service in 2023.

The figure is up 4.3% on the previous year and up 127.7% over ten years.

Over the whole period, total debt service in Mongolia peaked at 89.0% in 2019 and was at its lowest, 1.4%, in 2007.

That places Mongolia 2nd out of 119 countries with data for 2023, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 4.0% 2.3% 5.4% 8
2000s 4.1% 1.4% 18.3% 10
2010s 26.2% 2.6% 89.0% 10
2020s 23.7% 20.4% 26.8% 4

Countries ranked near Mongolia

  1. 1 El Salvador 29.0% compare
  2. 3 Mozambique 22.7% compare
  3. 4 Lebanon 21.8% compare
  4. 5 Suriname 20.6% compare

See the full ranking of 119 places β†’

More population data for Mongolia

All data for Mongolia β†’

Frequently asked questions

What is total debt service in Mongolia?
Total debt service in Mongolia was 26.8% in 2023, according to UNESCO Institute for Statistics.
What is the highest total debt service recorded in Mongolia?
The highest recorded value was 89.0% in 2019.
What is the lowest total debt service recorded in Mongolia?
The lowest recorded value was 1.4% in 2007.
How does Mongolia rank for total debt service?
Mongolia ranks 2nd out of 119 countries with data for 2023.
Is total debt service rising or falling in Mongolia?
Over the last ten years it is up 127.7%. The long-run trend across the full record is volatile.
Where does this Mongolia data come from?
The figures come from UNESCO Institute for Statistics, published as part of Total debt service (% of GNI). Statizoid updates them automatically from the source API.

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Total debt service in Mongolia. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 20 August 2026, from https://population.statizoid.com/stat/total-debt-service-percent-of-gni-2/mongolia/

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About this data

Indicator
Total debt service (% of GNI)
Unit
% of GNI
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
119 places, 5,373 data points, 1970–2023
Last refreshed

February 2026 Data Release