Share of government expenditure going to interest payments in Mongolia

Mongolia: Share of government expenditure going to interest payments was 6.01 in 2021. ◆ Volatile

Latest (2021)
6.01
Change on year
down 23.7%
World rank
81st
of 152 countries
All-time high
17.42
in 2017
All-time low
0.6626
in 1992
Years of data
28
1992–2021

Share of government expenditure going to interest payments in Mongolia, 1992–2021

0510151992200620211992: 0.6631993: 6.11994: 3.11995: 2.41996: 41997: 11.91998: 6.41999: 8.52000: 6.62001: 5.42002: 62003: 3.92006: 1.92007: 1.62008: 1.22009: 1.72010: 1.92011: 1.22012: 2.82013: 5.92014: 9.52015: 13.12016: 152017: 17.42018: 14.42019: 9.12020: 7.92021: 6

Source: Our World in Data.

Analysis

Mongolia recorded 6.01 for share of government expenditure going to interest payments in 2021.

The figure is down 23.7% on the previous year and up 418.2% over ten years.

Over the whole period, share of government expenditure going to interest payments in Mongolia peaked at 17.42 in 2017 and was at its lowest, 0.6626, in 1992.

Mongolia ranks 81st of 152 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Share of government expenditure going to interest payments in Mongolia, year by year

Annual values for Share of government expenditure going to interest payments in Mongolia, 1992 to 2021.
Year Value Change
1992 0.6626
1993 6.09 +819.1%
1994 3.13 -48.5%
1995 2.36 -24.6%
1996 4 +69.1%
1997 11.9 +197.6%
1998 6.39 -46.3%
1999 8.46 +32.4%
2000 6.64 -21.6%
2001 5.36 -19.3%
2002 5.96 +11.2%
2003 3.92 -34.2%
2006 1.92 -51.0%
2007 1.61 -16.0%
2008 1.19 -26.4%
2009 1.7 +42.9%
2010 1.88 +10.4%
2011 1.16 -38.2%
2012 2.79 +140.3%
2013 5.94 +113.2%
2014 9.48 +59.6%
2015 13.13 +38.5%
2016 15.04 +14.5%
2017 17.42 +15.8%
2018 14.38 -17.5%
2019 9.08 -36.8%
2020 7.87 -13.3%
2021 6.01 -23.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s 5.38 0.6626 11.9 8
2000s 3.54 1.19 6.64 8
2010s 9.03 1.16 17.42 10
2020s 6.94 6.01 7.87 2

Countries ranked near Mongolia

  1. 78 Uruguay 6.37 compare
  2. 79 Madagascar 6.32 compare
  3. 80 Peru 6.09 compare
  4. 82 Spain 5.91 compare
  5. 83 San Marino 5.88 compare
  6. 84 Georgia 5.86 compare

See the full ranking of 152 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is share of government expenditure going to interest payments in Mongolia?
Share of government expenditure going to interest payments in Mongolia was 6.01 in 2021, according to Our World in Data.
What is the highest share of government expenditure going to interest payments recorded in Mongolia?
The highest recorded value was 17.42 in 2017.
What is the lowest share of government expenditure going to interest payments recorded in Mongolia?
The lowest recorded value was 0.6626 in 1992.
How does Mongolia rank for share of government expenditure going to interest payments?
Mongolia ranks 81st out of 152 countries with data for 2021.
Is share of government expenditure going to interest payments rising or falling in Mongolia?
Over the last ten years it is up 418.2%. The long-run trend across the full record is volatile.
Where does this Mongolia data come from?
The figures come from Our World in Data, published as part of Share of government expenditure going to interest payments. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (Our World in Data).

Share, cite or embed this page

Cite this page

Share of government expenditure going to interest payments in Mongolia. Statizoid, drawing on Our World in Data. Retrieved 22 August 2026, from https://reference.statizoid.com/stat/share-of-government-expenditure-going-to-interest-payments/mongolia/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Our World in Data); please keep the attribution.

<a href="https://reference.statizoid.com/stat/share-of-government-expenditure-going-to-interest-payments/mongolia/">Share of government expenditure going to interest payments in Mongolia</a> — Statizoid

About this data

Indicator
Share of government expenditure going to interest payments
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
152 places, 4,278 data points, 1972–2024
Last refreshed