Mongolia's external balance on goods and services (current LCU) was 4.88 trillion in 2025, the latest year in the World Bank's World Development Indicators. That is up 1,759% from -294.33 billion in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 4.88 trillion | 2025 |
| Five years earlier | 929.61 billion | 2020 |
| Ten years earlier | -294.33 billion | 2015 |
| Highest | 6.8 trillion | 2023 |
| Lowest | -4.32 trillion | 2013 |
| Average since 2016 | 289.41 billion | 2016–2025 |
| First recorded | -3.27 billion |
What the numbers say
In 2025, Mongolia's external balance on goods and services (current LCU) rose 5.7 trillion on 2024 (from -818.93 billion to 4.88 trillion).
Across the 30 yearly changes before that (1995 to 2024), the average change was −26.04 billion and a typical year strayed about 2.72 trillion from that (the standard deviation). This year's change was 2.1 standard deviations above that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 10.14 trillion in 2023 and the biggest yearly fall was 7.62 trillion in 2024. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 there is no clear straight-line trend: a straight line explains 18% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Mongolia had the 10th highest value of the 137 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Mongolia in the 2025 ranking
- Argentina — 6th of 137: 6.33 trillion
- China — 7th of 137: 5.87 trillion
- Russian Federation — 8th of 137: 5.78 trillion
- Hungary — 10th of 137: 3.9 trillion
- Gabon — 11th of 137: 3.25 trillion
- Costa Rica — 12th of 137: 3.22 trillion
What this measures
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 45 values
| Year | External balance on goods and services (current LCU) |
|---|---|
| 2025 | 4,884,246,480,000 |
| 2024 | -818,934,620,000 |
| 2023 | 6,797,597,580,000 |
| 2022 | -3,341,610,920,000 |
| 2021 | -871,262,363,000 |
| 2020 | 929,609,709,000 |
| 2019 | -2,255,992,877,000 |
| 2018 | -3,266,834,964,000 |
| 2017 | 672,384,969,000 |
| 2016 | 164,923,060,000 |
External balance on goods and services (current LCU) in nearby economies
- American Samoa — -268 million (2022)
- Australia — 16.32 billion (2025)
- Brunei Darussalam — 3.84 billion (2025)
- Cambodia — 2.48 trillion (2025)
- China — 5.87 trillion (2025)
- Fiji — -1.37 billion (2024)
- French Polynesia — -194.1 billion (2024)
- Guam — -3.88 billion (2022)
- Hong Kong SAR, China — 95.62 billion (2025)
More economic policy & debt data for Mongolia
- Adjusted savings, education expenditure (% of GNI) — 4.58% (2021)
- Adjusted savings, net forest depletion (current US$) — US$0 (2021)
- Adjusted savings, mineral depletion (current US$) — US$1.5 billion (2021)
- Net official development assistance and official aid received (current US$) — US$260.17 million (2023)
- Net official development assistance and official aid received (constant 2023 US$) — US$260.17 million (2023)
- Net official development assistance received (current US$) — US$260.17 million (2023)
- Net official development assistance received (constant 2023 US$) — US$260.17 million (2023)
- Net ODA received per capita (current US$) — US$74.74 (2023)
Reading data like this
Questions people ask
- What is Mongolia's external balance on goods and services (current LCU)?
- 4.88 trillion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1981?
- It is up 149,533% from -3.27 billion in 1981. The highest value was 6.8 trillion in 2023 and the lowest -4.32 trillion in 2013.
- How does Mongolia rank?
- 10th highest of 137 economies with data for 2025.
- Is the latest change in external balance on goods and services (current LCU) unusual for Mongolia?
- In 2025, Mongolia's external balance on goods and services (current LCU) rose 5.7 trillion on 2024 (from -818.93 billion to 4.88 trillion). Across the 30 yearly changes before that (1995 to 2024), the average change was −26.04 billion and a typical year strayed about 2.72 trillion from that (the standard deviation). This year's change was 2.1 standard deviations above that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator NE.RSB.GNFS.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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