Mongolia Gross Savings
Gross savings as % of GDP NY.GNS.ICTR.ZS
Mongolia's gross savings was 19.10% in 2025, ranked 102nd globally. This represents a 25.5% decrease from 2024. Data from World Bank, covering 1980–2025.
Overview
Mongolia's gross savings stood at 19.10% in 2025, a decline of +6.54% from 2024. The IMF projects 19.10% by 2025. Mongolia ranked 102nd globally.
Mongolia’s gross savings ratio has fallen markedly since its post‑communist peak, slipping from an all‑time high of 45.96 percent in 2006 to 19.10 percent in 2025, which places the country 102nd in the world. The indicator’s lowest point came in 1988, when savings were just 7.95 percent of gross domestic product, reflecting the severe fiscal constraints of the late socialist era. Over the 46‑year series, the ratio has more than doubled from the 1980 trough yet remains well below the 24.48 percent recorded in 1980, indicating a persistent gap between early‑period savings behaviour and current levels. Mongolia’s 2025 figure is closely aligned with peers such as the Philippines (19.08) and Latvia (19.23), suggesting that its savings performance now mirrors that of middle‑income economies rather than its higher‑saving past. Continued diversification of export revenues and fiscal reforms could lift the savings rate, while external shocks or persistent current‑account deficits may keep the trajectory flat or downward.
Data & projection
| Year | Gross Savings | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 18.15% | - | - |
| 2029* IMF | 18.45% | - | - |
| 2028* IMF | 18.79% | - | - |
| 2027* IMF | 18.83% | - | - |
| 2026* IMF | 18.65% | - | - |
| 2025* IMF | 19.10% | - | - |
| 2025 | 19.10% | −6.54% | #102 |
| 2024 | 25.64% | −8.85% | #61 |
| 2023 | 33.46% | +4.56% | #30 |
| 2022 | 27.18% | +4.25% | #60 |
| 2021 | 20.29% | +2.98% | #107 |
| 2020 | 16.31% | −4.07% | #129 |
| 2019 | 20.26% | −2.41% | #109 |
| 2018 | 22.14% | +4.80% | #93 |
| 2017 | 17.36% | +1.00% | #126 |
| 2016 | 16.98% | +0.63% | #127 |
| 2015 | 16.40% | −2.95% | #126 |
| 2014 | 23.45% | +7.78% | #81 |
| 2013 | 26.28% | +14.21% | #59 |
| 2012 | 27.70% | +12.89% | #50 |
| 2011 | 30.40% | +0.64% | #42 |
Detected Pattern
Analysis
Mongolia matched the Export Boom Cycle pattern in 2023. Historically, 71% of countries showing this pattern (546 out of 768) saw gross savings improve within 24 months. View full analysis →
Frequently Asked Questions
Mongolia's gross savings was 19.10% in 2025. Ranked 102nd globally. This represents a 25.5% decrease from the previous year.
Mongolia's gross savings peaked at 45.96% in 2006.
The lowest gross savings in Mongolia was 7.95% in 1988.
Mongolia ranks 102nd globally in gross savings as of 2025.
The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.
Mongolia's gross savings is projected to reach 19.10% by 2025 based on IMF projection.
The gross savings of Mongolia in 2025 was 19.10%. This ranks 102nd in the world.
Cite this page
@misc{historysaid_mongolia_gross-savings,
title = {Mongolia Gross Savings},
url = {https://historysaid.com/mongolia/gross-savings/},
publisher = {HistorySaid},
year = {2026}
}