Services, Debit/Expenditure in Mongolia
Mongolia: Services, Debit/Expenditure was 4.92 billion in 2024. β Volatile
Services, Debit/Expenditure in Mongolia, 2005β2024
Source: International Monetary Fund.
Analysis
Mongolia recorded 4.92 billion for services, debit/expenditure in 2024. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 17.8% on the previous year and up 159.5% over ten years.
Over the whole period, services, debit/expenditure in Mongolia peaked at 4.92 billion in 2024 and was at its lowest, 400.84 million, in 2005.
That places Mongolia 94th out of 198 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 496.76 million | 400.84 million | 628.60 million | 5 |
| 2010s | 1.97 billion | 788.71 million | 3.22 billion | 10 |
| 2020s | 3.44 billion | 2.11 billion | 4.92 billion | 5 |
Countries ranked near Mongolia
More trade data for Mongolia
- Total current account debit/expenditure, Debit/Expenditure 19.96 billion (2024)
- Goods, Debit/Expenditure 11.67 billion (2024)
- Primary income, Debit/Expenditure 3.23 billion (2024)
- Secondary income, Debit/Expenditure 141.55 million (2024)
- Total capital account debit/expenditure, Debit/Expenditure 11.95 million (2024)
- Milking, dairy machinery (trade) β Import Value 40 1000 USD (2008)
- Ploughs (e.g. reversible and non-reversible ploughs) β Import Value 7 1000 USD (2008)
- Pedestrian controlled tractors (single axle tractors) β Import Value 1,090 1000 USD (2008)
- Track-laying tractors (crawlers) β Import Value 54 1000 USD (2008)
- Balers (straw and fodder balers including pick-up balers) β Import 3 1000 USD (2008)
Frequently asked questions
- What is services, debit/expenditure in Mongolia?
- Services, debit/expenditure in Mongolia was 4.92 billion in 2024, according to International Monetary Fund.
- What is the highest services, debit/expenditure recorded in Mongolia?
- The highest recorded value was 4.92 billion in 2024.
- What is the lowest services, debit/expenditure recorded in Mongolia?
- The lowest recorded value was 400.84 million in 2005.
- How does Mongolia rank for services, debit/expenditure?
- Mongolia ranks 94th out of 198 countries with data for 2024.
- Is services, debit/expenditure rising or falling in Mongolia?
- Over the last ten years it is up 159.5%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from International Monetary Fund, published as part of Services, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.