Foreign debt reached 28,199 USD bil in 2017 in Mongolia, according to the National Statistical Office. This is 9.55 % more than in the previous year.
Historically, foreign debt in Mongolia reached an all time high of 28,199 USD bil in 2017 and an all time low of 355 USD bil in 1992. When compared to Mongolia's main peers, foreign debt in China amounted to 1,710,235 USD bil, 167,485 USD bil in Kazakhstan, 8,161 USD bil in Kyrgyzstan and 492,763 USD bil in Russia in 2017.
Mongolia has been ranked 33rd within the group of 111 countries we follow in terms of foreign debt, 48 places above the position seen 10 years ago.
Foreign (or external) debt is that part of the total debt in a country that is owed to creditors outside the country.