Mongolia - External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Mongolia was 2.48 as of 2020. Its highest value over the past 39 years was 5.96 in 2006, while its lowest value was -51.21 in 1986.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1981 -47.16
1982 -38.20
1983 -35.81
1984 -35.89
1985 -41.48
1986 -51.21
1987 -41.46
1988 -37.57
1989 -31.39
1990 -22.07
1991 -28.47
1992 -7.43
1993 -11.08
1994 -9.90
1995 -1.02
1996 -6.93
1997 5.34
1998 -11.66
1999 -11.92
2000 -13.89
2001 -15.18
2002 -17.06
2003 -15.60
2004 -9.75
2005 -4.84
2006 5.96
2007 1.35
2008 -13.16
2009 -7.26
2010 -9.99
2011 -21.89
2012 -22.44
2013 -22.53
2014 -4.82
2015 -1.29
2016 0.69
2017 2.40
2018 -10.03
2019 -5.96
2020 2.48

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts