Home Mongolia Budget Deficit 2025

Mongolia - Budget Deficit 2025

General government net lending/borrowing as % of GDP · IMF WEO
-0.69% −2.08% from 2024 Global rank: 40th

Mongolia's budget deficit was -0.69% in 2025, decreased +2.08% from 1.39% in 2024. This was the 40th highest globally.

Global Ranking - 2025
Budget Deficit by Country - 2025
RankCountryValueYoY
1st Kuwait 26.76% 12.5%
2nd Norway 12.74% -3.9%
3rd South Sudan 6.64% -43.2%
4th Micronesia, Federated States of 6.54% -28.8%
5th Tonga 5.64% 35.2%
6th United Arab Emirates 5.09% -20.7%
7th Samoa 5.00% -46.2%
8th Macao SAR, China 4.13% -40.2%
9th Nauru 3.59% -87.9%
10th Cyprus 3.41% -20.3%
11th Congo, Republic of 3.23% -10.6%
12th Singapore 3.11% -30.0%
13th Lesotho 2.95% -67.3%
14th Liechtenstein 2.94% -11.8%
15th Andorra 2.47% -13.7%
16th Nicaragua 2.05% -17.5%
17th Denmark 1.80% -59.6%
18th Marshall Islands 1.67% -53.6%
19th Palau 1.47% -12.3%
20th Aruba 1.40% -62.8%
21st São Tomé and Principe 1.08% 17.2%
22nd Ireland 1.05% -74.4%
23rd Antigua and Barbuda 0.96% -40.5%
24th Belarus 0.80% -23.6%
25th Tuvalu 0.65% 107.9%
26th Haiti 0.58% -91.6%
27th Lao PDR 0.44% -81.1%
28th Oman 0.41% -87.5%
29th Argentina 0.39% -15.3%
30th Switzerland 0.26% -54.8%
31st Portugal 0.15% -78.3%
32nd Turkmenistan 0.07% 184.3%
33rd Jamaica 0.01% -96.8%
34th Greece -0.01% -100.7%
35th Somalia, Fed. Rep. -0.24% -246.1%
36th Qatar -0.32% -146.5%
37th Barbados -0.34% 61.3%
38th Puerto Rico (US) -0.42% 22.3%
39th Mauritania -0.46% 65.9%
40th Mongolia -0.69% -149.3%
41st Zimbabwe -0.75% 29.1%
42nd Bahamas, The -0.77% 36.3%
43rd Cameroon -0.84% 43.3%
44th Gambia, The -1.01% 75.2%
45th Djibouti -1.04% 60.1%
46th Luxembourg -1.06% -202.5%
47th Belize -1.13% 8.2%
48th Iceland -1.14% 67.5%
49th Japan -1.26% 17.7%
50th Equatorial Guinea -1.32% -138.3%
51st Sweden -1.37% 20.2%
52nd Chad -1.46% 31.1%
53rd Estonia -1.50% 0.7%
54th Korea -1.52% -93.7%
55th Cabo Verde -1.58% -48.6%
56th Honduras -1.61% -43.7%
57th Paraguay -1.66% 21.5%
58th San Marino -1.68% -215.8%
59th Comoros -1.72% 41.1%
60th Albania -1.72% -137.7%
61st Liberia -1.75% 11.8%
62nd Nepal -1.82% 34.0%
63rd Azerbaijan -1.91% -147.1%
64th Chile -2.06% 27.0%
65th Dominica -2.10% 4.8%
66th Seychelles -2.10% -202.9%
67th Netherlands -2.11% -123.4%
68th Czechia -2.16% -8.2%
69th Congo, Democratic Republic of -2.21% -49.5%
70th Canada -2.22% -10.2%
71st Georgia -2.27% 0.9%
72nd Uzbekistan -2.36% 0.4%
73rd Peru -2.42% 31.6%
74th Slovenia -2.45% -162.2%
75th Kazakhstan -2.45% -53.6%
76th Central African Republic -2.46% 51.7%
77th Kyrgyz Republic -2.47% -232.1%
78th Bosnia and Herzegovina -2.47% -31.5%
79th Tajikistan -2.50% -1,005.8%
80th Germany -2.52% 5.3%
81st Mauritius -2.56% 64.5%
82nd Thailand -2.60% -100.5%
83rd Guatemala -2.61% -171.6%
84th Papua New Guinea -2.61% 19.4%
85th Bhutan -2.64% -1,487.3%
86th Lithuania -2.69% -110.0%
87th Spain -2.72% 13.5%
88th Ghana -2.73% 62.7%
89th Australia -2.73% -21.3%
90th Serbia -2.73% -56.0%
91st Russian Federation -2.74% -70.7%
92nd El Salvador -2.76% 39.4%
93rd Angola -2.76% -173.4%
94th Indonesia -2.79% -21.3%
95th St. Lucia -2.81% -33.0%
96th Benin -2.90% 5.4%
97th Croatia -2.92% -49.4%
98th Nigeria -2.93% -87.0%
99th Niger -2.97% 30.4%
100th Tanzania -2.98% 1.6%
101st Côte d'Ivoire -3.01% 24.0%
102nd Sudan -3.04% 11.9%
103rd Solomon Islands -3.15% -2.1%
104th Malta -3.19% 10.8%
105th Costa Rica -3.20% 15.5%
106th Guinea -3.20% 35.9%
107th Viet Nam -3.26% -112.2%
108th Uruguay -3.29% -2.3%
109th Italy -3.30% 4.2%
110th Guinea-Bissau -3.33% 54.1%
111th Mali -3.39% -32.0%
112th Bulgaria -3.41% -12.3%
113th Dominican Republic -3.41% -10.6%
114th Latvia -3.46% -89.5%
115th Montenegro -3.53% -25.8%
116th Philippines -3.57% 5.6%
117th Moldova -3.58% 8.0%
118th Malaysia -3.61% 8.7%
119th Saudi Arabia -3.65% -46.7%
120th Yemen, Republic of -3.66% -47.9%
121st Türkiye -3.69% 19.3%
122nd Cambodia -3.70% -38.3%
123rd Fiji -3.70% -6.0%
124th Bangladesh -3.79% -2.6%
125th Morocco -3.80% 3.1%
126th Madagascar -3.86% -55.7%
127th Panama -3.99% 46.2%
128th Burkina Faso -4.00% 31.5%
129th New Zealand -4.06% -12.6%
130th Austria -4.25% 8.5%
131st Libya -4.31% 82.8%
132nd Mexico -4.32% 24.5%
133rd United Kingdom -4.34% 24.6%
134th Iran, Islamic Republic of -4.44% -15.8%
135th Sierra Leone -4.45% 1.7%
136th Finland -4.56% -3.5%
137th Eswatini -4.65% -245.9%
138th Hungary -4.69% 4.7%
139th Hong Kong SAR, China -4.82% 17.2%
140th Guyana -4.94% 32.5%
141st Vanuatu -4.98% -112.8%
142nd North Macedonia -5.04% -13.3%
143rd Burundi -5.14% -6.2%
144th Slovak Republic -5.20% 1.4%
145th Trinidad and Tobago -5.20% 1.3%
146th Zambia -5.25% -58.2%
147th Mozambique -5.32% 13.8%
148th Pakistan -5.34% 21.6%
149th Namibia -5.37% -49.5%
150th Tunisia -5.38% 9.1%
151st Gabon -5.41% -40.9%
152nd France -5.44% 5.7%
153rd Armenia -5.51% -49.3%
154th Belgium -5.53% -22.3%
155th Kenya -5.96% -3.4%
156th South Africa -5.99% -3.4%
157th Rwanda -6.29% 4.2%
158th Iraq -6.30% -51.9%
159th Israel -6.37% 22.9%
160th Uganda -6.69% -67.4%
161st Myanmar -6.85% -35.4%
162nd Colombia -6.91% -10.6%
163rd Poland -6.99% -6.2%
164th India -7.11% 10.0%
165th Grenada -7.30% -209.7%
166th United States -7.37% 8.3%
167th Jordan -7.48% -2.1%
168th St. Vincent and the Grenadines -7.57% 41.3%
169th Togo -7.58% -2.0%
170th Senegal -7.93% 40.9%
171st Romania -8.16% 6.0%
172nd Brazil -8.40% -35.8%
173rd China -8.57% -16.8%
174th Maldives -9.39% 32.5%
175th Suriname -9.62% -297.0%
176th Botswana -10.15% -30.4%
177th Malawi -10.64% 3.2%
178th Bahrain -10.70% -0.8%
179th Brunei Darussalam -11.07% -8.6%
180th Algeria -11.54% 16.3%
181st St. Kitts and Nevis -12.15% -10.6%
182nd Egypt, Arab Republic of -12.36% -73.6%
183rd Bolivia, Plurinational State of -13.12% -23.5%
184th Kiribati -15.14% 31.2%
185th Ukraine -21.34% -24.0%
186th Timor-Leste -50.42% -15.9%

FAQ

What was Mongolia's budget deficit in 2025?

Mongolia's budget deficit in 2025 was -0.69%. This ranked 40th globally.

How did Mongolia's budget deficit change in 2025?

Mongolia's budget deficit decreased by 149.3% in 2025 compared to 2024.

Which country had the highest budget deficit in 2025?

Kuwait had the highest budget deficit in 2025 at 26.76%.

What is the budget deficit of Mongolia in 2025?

The budget deficit of Mongolia in 2025 was -0.69%. This ranked 40th globally.

How does 2025 compare to 2024 for Mongolia's budget deficit?

Mongolia's budget deficit went from 1.39% in 2024 to -0.69% in 2025, a 149.3% decrease.