Mongolia Debt Service
Total debt service as % of exports DT.TDS.DECT.EX.ZS
Mongolia's debt service was 32.28% in 2025, ranked 12th globally. This represents a 0.8% increase from 2024. Data from World Bank, covering 1992–2025.
Overview
Mongolia's debt service stood at 32.28% in 2025, a rise of +0.24% from 2024. Based on recent trends, this figure is projected to reach 32.28% by 2025. Mongolia ranked 12th globally.
Mongolia's debt service ratio has experienced significant fluctuations over the past three decades, with the ratio peaking at 127.58 in 2019 and plummeting to a trough of 2.22 in 2007. The latest available figure from the World Bank shows that Mongolia's debt service ratio has stabilized at 32.28, ranking the country 12th globally. This is slightly lower than neighboring Uzbekistan, which ranks 10th with a ratio of 40.52. Mongolia's ratio has surpassed that of Colombia, which ranks 14th with a ratio of 34.75. The country's debt service ratio has shown a declining trend since the 2019 peak. A continued decline in the debt service ratio would be contingent upon Mongolia's ability to manage its debt and maintain a stable economic growth trajectory.
Data & projection
| Year | Debt Service | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 32.30% | - | - |
| 2026* trend | 32.29% | - | - |
| 2025* trend | 32.28% | - | - |
| 2025 | 32.28% | +0.24% | #12 |
| 2024 | 32.04% | +0.42% | #97 |
| 2023 | 31.63% | −3.70% | #101 |
| 2022 | 35.33% | +6.33% | #111 |
| 2021 | 28.99% | −4.33% | #93 |
| 2020 | 33.32% | −94.26% | #96 |
| 2019 | 127.58% | +31.10% | #116 |
| 2018 | 96.48% | +42.71% | #114 |
| 2017 | 53.76% | +28.02% | #113 |
| 2016 | 25.74% | −9.45% | #93 |
| 2015 | 35.19% | +13.22% | #108 |
| 2014 | 21.97% | −8.86% | #99 |
| 2013 | 30.83% | +4.47% | #107 |
| 2012 | 26.36% | +20.99% | #104 |
| 2011 | 5.37% | −1.65% | #49 |
Detected Pattern
Analysis
Mongolia matched the Export Boom Cycle pattern in 2023. Historically, 71% of countries showing this pattern (546 out of 768) saw debt service improve within 24 months. View full analysis →
Frequently Asked Questions
Mongolia's debt service was 32.28% in 2025. Ranked 12th globally. This represents a 0.8% increase from the previous year.
Mongolia's debt service peaked at 127.58% in 2019.
The lowest debt service in Mongolia was 2.22% in 2007.
Mongolia ranks 12th globally in debt service as of 2025.
The World Bank indicator code is DT.TDS.DECT.EX.ZS. Data sourced from World Bank.
Mongolia's debt service is projected to reach 32.28% by 2025 based on trend extrapolation.
The debt service of Mongolia in 2025 was 32.28%. This ranks 12th in the world.
Cite this page
@misc{historysaid_mongolia_debt-service,
title = {Mongolia Debt Service},
url = {https://historysaid.com/mongolia/debt-service/},
publisher = {HistorySaid},
year = {2026}
}