Mongolia Interest Payments to Revenue
Interest payments as % of revenue GC.XPN.INTP.RV.ZS
Mongolia's interest payments to revenue was 2.38% in 2025, ranked 80th globally. This represents a 44.2% decrease from 2024. Data from World Bank, covering 1992–2025.
Overview
Mongolia's interest payments to revenue stood at 2.38% in 2025, a decline of +1.88pp from 2024. Based on recent trends, this figure is projected to reach 2.38% by 2025. Mongolia ranked 80th globally.
Mongolia’s interest payments as a share of government revenue stood at 2.38% in 2025, ranking the country 80th globally and placing it in close proximity to peer entities such as Belgium, which reported the same percentage, and the European Union at 2.36%. This contrasts sharply with Mongolia’s historical extremes: in 1992, the ratio reached its all-time low of 0.63%, while by 2016 it had surged to a peak of 18.27%, reflecting significant volatility over the 32-year coverage period. The pronounced spike in 2016 likely stemmed from heightened borrowing costs and fiscal pressures during a period of economic strain, whereas the 2025 figure suggests improved debt management and macroeconomic stability. The current level indicates that debt servicing is no longer a dominant claim on revenue, aligning Mongolia with developed European economies in relative terms. Nevertheless, the trajectory remains sensitive to shifts in fiscal policy, external financing conditions, and currency stability. A sustained rise in global interest rates or renewed fiscal deficits could quickly elevate debt service costs, reversing recent progress.
Data & projection
| Year | Interest Payments to Revenue | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 0.26% | - | - |
| 2026* trend | 1.32% | - | - |
| 2025* trend | 2.38% | - | - |
| 2025 | 2.38% | −1.88pp | #80 |
| 2024 | 4.26% | −0.20pp | #9 |
| 2023 | 4.46% | +0.30pp | #38 |
| 2022 | 4.16% | −2.01pp | #56 |
| 2021 | 6.17% | −2.52pp | #68 |
| 2020 | 8.69% | +1.80pp | #84 |
| 2019 | 6.89% | −4.05pp | #84 |
| 2018 | 10.94% | −5.10pp | #102 |
| 2017 | 16.03% | −2.23pp | #127 |
| 2016 | 18.27% | +4.80pp | #129 |
| 2015 | 13.47% | +4.80pp | #126 |
| 2014 | 8.67% | +3.68pp | #100 |
| 2013 | 4.98% | +2.26pp | #57 |
| 2012 | 2.73% | +1.79pp | #34 |
| 2011 | 0.94% | −0.46pp | #14 |
Detected Pattern
Analysis
Mongolia matched the Export Boom Cycle pattern in 2023. Historically, 71% of countries showing this pattern (546 out of 768) saw interest payments to revenue improve within 24 months. View full analysis →
Frequently Asked Questions
Mongolia's interest payments to revenue was 2.38% in 2025. Ranked 80th globally. This represents a 44.2% decrease from the previous year.
Mongolia's interest payments to revenue peaked at 18.27% in 2016.
The lowest interest payments to revenue in Mongolia was 0.63% in 1992.
Mongolia ranks 80th globally in interest payments to revenue as of 2025.
The World Bank indicator code is GC.XPN.INTP.RV.ZS. Data sourced from World Bank.
Mongolia's interest payments to revenue is projected to reach 2.38% by 2025 based on trend extrapolation.
The interest payments to revenue of Mongolia in 2025 was 2.38%. This ranks 80th in the world.
Cite this page
@misc{historysaid_mongolia_interest-to-revenue,
title = {Mongolia Interest Payments to Revenue},
url = {https://historysaid.com/mongolia/interest-to-revenue/},
publisher = {HistorySaid},
year = {2026}
}