Mongolia - Central government debt

Central government debt, total (current LCU)

The value for Central government debt, total (current LCU) in Mongolia was 3,921,900,000,000 as of 2009. As the graph below shows, over the past 17 years this indicator reached a maximum value of 3,921,900,000,000 in 2009 and a minimum value of 11,575,000,000 in 1992.

Definition: Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1992 11,575,000,000
1993 94,353,000,000
1994 196,533,000,000
1995 241,503,000,000
1996 365,158,000,000
1997 509,635,000,000
1998 676,717,000,000
1999 906,723,000,000
2000 959,889,000,000
2001 961,785,000,000
2003 1,750,890,000,000
2006 2,033,690,000,000
2007 2,156,840,000,000
2009 3,921,900,000,000

Central government debt, total (% of GDP)

Central government debt, total (% of GDP) in Mongolia was 59.51 as of 2009. Its highest value over the past 17 years was 95.73 in 2003, while its lowest value was 20.62 in 1992.

Definition: Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1992 20.62
1993 41.44
1994 51.43
1995 37.07
1996 49.48
1997 54.63
1998 71.58
1999 83.91
2000 78.42
2001 69.10
2003 95.73
2006 50.49
2007 43.51
2009 59.51

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance