Personal remittances and foreign aid received in Mongolia
Mongolia: Personal remittances and foreign aid received was 471.16 million current US$ in 2021. ◆ Volatile
Personal remittances and foreign aid received in Mongolia, 1998–2021
Source: World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data. Measured in current US$.
Analysis
Mongolia recorded 471.16 million current US$ for personal remittances and foreign aid received in 2021.
That represents a change of down 14.2% on the previous year and up 88.7% over ten years.
Over the whole period, personal remittances and foreign aid received in Mongolia peaked at 560.93 million current US$ in 2019 and was at its lowest, 1.10 million current US$, in 2000.
That places Mongolia 115th out of 193 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances and foreign aid received in Mongolia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1998 | 5.50 million current US$ | — |
| 1999 | 7.87 million current US$ | +43.2% |
| 2000 | 1.10 million current US$ | -86.0% |
| 2001 | 26.68 million current US$ | +2323.0% |
| 2002 | 68.70 million current US$ | +157.4% |
| 2003 | 79.36 million current US$ | +15.5% |
| 2004 | 202.51 million current US$ | +155.2% |
| 2005 | 176.95 million current US$ | -12.6% |
| 2006 | 155.19 million current US$ | -12.3% |
| 2007 | 178.03 million current US$ | +14.7% |
| 2008 | 224.59 million current US$ | +26.2% |
| 2009 | 199.62 million current US$ | -11.1% |
| 2010 | 266.24 million current US$ | +33.4% |
| 2011 | 249.64 million current US$ | -6.2% |
| 2012 | 323.84 million current US$ | +29.7% |
| 2013 | 257.13 million current US$ | -20.6% |
| 2014 | 255.12 million current US$ | -0.8% |
| 2015 | 260.91 million current US$ | +2.3% |
| 2016 | 259.88 million current US$ | -0.4% |
| 2017 | 273.37 million current US$ | +5.2% |
| 2018 | 440.55 million current US$ | +61.2% |
| 2019 | 560.93 million current US$ | +27.3% |
| 2020 | 548.83 million current US$ | -2.2% |
| 2021 | 471.16 million current US$ | -14.2% |
Mongolia compared with similar countries
- Mongolia's 471.16 million current US$ is below the median for upper middle income countries, which is 979.33 million current US$, 48% of the median. (56 countries reporting)
- Mongolia's 471.16 million current US$ is above the median for East Asia & Pacific, which is 453.09 million current US$, 1.0× the median. (31 countries reporting)
Biggest year-on-year movements
Years where Personal remittances and foreign aid received in Mongolia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2001 | +2323.0% | 1.10 million current US$ | 26.68 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.69 million current US$ | 5.50 million current US$ | 7.87 million current US$ | 2 |
| 2000s | 131.27 million current US$ | 1.10 million current US$ | 224.59 million current US$ | 10 |
| 2010s | 314.76 million current US$ | 249.64 million current US$ | 560.93 million current US$ | 10 |
| 2020s | 510.00 million current US$ | 471.16 million current US$ | 548.83 million current US$ | 2 |
Countries ranked near Mongolia
More reference data data for Mongolia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.8173 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 3.37 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 4.25 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0069 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 4.25 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 2.74 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 3.16 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 12.74 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 18.89 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0378 (2050)
Frequently asked questions
- What is personal remittances and foreign aid received in Mongolia?
- Personal remittances and foreign aid received in Mongolia was 471.16 million current US$ in 2021, according to World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data.
- What is the highest personal remittances and foreign aid received recorded in Mongolia?
- The highest recorded value was 560.93 million current US$ in 2019.
- What is the lowest personal remittances and foreign aid received recorded in Mongolia?
- The lowest recorded value was 1.10 million current US$ in 2000.
- How does Mongolia rank for personal remittances and foreign aid received?
- Mongolia ranks 115th out of 193 countries with data for 2021.
- Is personal remittances and foreign aid received rising or falling in Mongolia?
- Over the last ten years it is up 88.7%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data, published as part of Personal remittances and foreign aid received. Statizoid updates them automatically from the source API.
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CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Remittances are financial transfers from non-residents to residents of a country, such as a worker abroad sending money to family and friends. Foreign aid is measured as official development assistance. Both are measured in current US$.