Mongolia: Net financial flows, RDB concessional (NFL, current US$)

Key figures

What the numbers say

In 2024, Mongolia's net financial flows, RDB concessional (NFL, current US$) rose US$84.26 million on 2023 (from −US$16.75 million to US$67.51 million).

Across the 30 yearly changes before that (1994 to 2023), the average change was −US$933,767 and a typical year strayed about US$19.15 million from that (the standard deviation). This year's change was 4.4 standard deviations above that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was US$84.26 million in 2024 and the biggest yearly fall was US$42.79 million in 2010. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 there is no clear straight-line trend: a straight line explains 17% 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 2024, Mongolia had the 7th highest value of the 85 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 2024 ranking

• Cambodia — 4th of 85: US$233.2 million
• Nepal — 5th of 85: US$187.76 million
• Congo, Dem. Rep. — 6th of 85: US$92.31 million
• Tanzania — 8th of 85: US$65.58 million
• Bhutan — 9th of 85: US$56.67 million
• Kyrgyz Republic — 10th of 85: US$54.95 million

What this measures

Net financial flows received by the borrower during the year are disbursements of loans and credits less repayments of principal. Concessional financial flows cover disbursements made through concessional lending facilities. Regional development banks are the African Development Bank, in Tunis, Tunisia, which serves all of Africa, including North Africa; the Asian Development Bank, in Manila, Philippines, which serves South and Central Asia and East Asia and Pacific; the European Bank for Reconstruction and Development, in London, United Kingdom, which serves Europe and Central Asia; and the Inter-American Development Bank, in Washington, D.C., which serves the Americas. Aggregates include amounts for economies not specified elsewhere. Data are in current U.S. dollars.

Regional and income-group figures are computed by the World Bank as a sum.

All 33 values

Net financial flows, RDB concessional (NFL, current US$) in nearby economies

• Cambodia — US$233.2 million (2024)
• Indonesia — −US$32.06 million (2024)
• Lao PDR — −US$35.31 million (2024)
• Myanmar — −US$43.5 million (2024)
• Papua New Guinea — −US$7.33 million (2024)
• Philippines — −US$3.51 million (2024)
• Samoa — −US$5.78 million (2024)
• Solomon Islands — US$37.78 million (2024)
• Timor-Leste — US$725,000 (2024)

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

• Where to find free public data, and how to check it before you trust it — 2 min read
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Questions people ask

What is Mongolia's net financial flows, RDB concessional (NFL, current US$)?

US$67.51 million in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1992?

It is up 321.56% from US$16.01 million in 1992 (4.6% a year on average, compounded). The highest value was US$67.51 million in 2024 and the lowest −US$16.75 million in 2023.

How does Mongolia rank?

7th highest of 85 economies with data for 2024.

Is the latest change in net financial flows, RDB concessional (NFL, current US$) unusual for Mongolia?

In 2024, Mongolia's net financial flows, RDB concessional (NFL, current US$) rose US$84.26 million on 2023 (from −US$16.75 million to US$67.51 million). Across the 30 yearly changes before that (1994 to 2023), the average change was −US$933,767 and a typical year strayed about US$19.15 million from that (the standard deviation). This year's change was 4.4 standard deviations above that average, so it was unusually large compared with the rest of the record.

Source

World Bank, World Development Indicators, indicator DT.NFL.RDBC.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB), note: https://www.worldbank.org/en/programs/debt-statistics 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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