Imports of Services (BoP, USD) rose 1.84% to USD 2.18 bil in Mongolia in 2017

Imports of Services (BoP, USD) (USD bil)
Economy | Mongolia | February 1, 2019
$2.99
Excel Sheet

Imports of services as a part of balance of payment reached 2.18 USD bil in 2017 in Mongolia, according to the National Statistical Office. This is 1.84 % more than in the previous year.

Historically, imports of services as a part of balance of payment in Mongolia reached an all time high of 2.18 USD bil in 2017 and an all time low of 0.031 USD bil in 1981. When compared to Mongolia's main peers, imports of services as a part of balance of payment in China amounted to 472 USD bil, 10.9 USD bil in Kazakhstan, 0.916 USD bil in Kyrgyzstan and 88.8 USD bil in Russia in 2017.

Mongolia has been ranked 100th within the group of 156 countries we follow in terms of imports of services as a part of balance of payment, 35 places above the position seen 10 years ago.

Services (previously non-factor services) refer to the economic output of intangible commodities that may be produced, transferred and consumed at the same time.

Imports of Services (BoP, USD) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
China USD bil 248 281 331 433 436
Germany USD bil 296 294 328 332 295
India USD bil 77.8 79.9 78.7 81.1 82.6
Japan USD bil 176 185 171 193 179
Kazakhstan USD bil 11.0 12.8 12.5 12.9 11.6
Kyrgyzstan USD bil 0.964 1.32 1.11 1.25 1.06
Mongolia USD bil 1.37 2.08 2.00 1.90 1.40
Russia USD bil 91.5 109 128 121 88.8
Tajikistan USD bil 0.652 0.710 0.647 0.615 0.494
USA USD bil 436 452 461 481 492
Uzbekistan USD bil ... ... ... ... ... ... ... ... ...