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Macroeconomic overview- December 2022

Macroeconomic overview- December 2022

Foreign exchange reserves increased by 15.8% from the previous month and reached USD 3.4 billion in December 2022. This is a 22% decrease compared to the same period last year. View the December 2022 Macroeconomic Review in PDF format.

Macroeconomic overview- November 2022

Macroeconomic overview- November 2022

The total foreign debt of Mongolia is 32.45 billion US dollars as of the third quarter of 2022. Breaking it down by structure, the total debt of the Government of Mongolia is 24% or 7.6 billion US dollars, which is…

Macroeconomic overview- October 2022

Macroeconomic overview- October 2022

Total deposits were MNT 17 trillion in October 2022, a decrease of 95.3 billion or 0.6 percent on the previous month. This is a decrease of MNT 478.6 billion or 9.5 percent on the same period in 2021. Savings in…

Macroeconomic overview- September 2022

Macroeconomic overview- September 2022

At the end of September 2022, the amount of outstanding loan to entities, enterprises and citizens amounted MNT 22.9 trillion, decreased by 0.9% from the previous month and increased by 13.8% from the same period of the previous year. Non-performing…

Macroeconomic overview- August 2022

Macroeconomic overview- August 2022

In August, Total turnover of foreign trade reached USD 13.356 billion, an 32.2% increase compared to the same period in 2021. Exports increased by 37.1% from the last month, while imports increased by 34.1%. The trade surplus reached USD 2156…

Macroeconomic overview- July 2022

Macroeconomic overview- July 2022

In July, the average nominal exchange rate against the US dollar was MNT 3153.03. This is a 304 MNT increase from the same period in 2021, and a 28.78 MNT increase from June 2022. In July, foreign exchange reserves reached…

Macroeconomic overview- June 2022

Macroeconomic overview- June 2022

As of the first 6 months of this year, the physical volume of gold exports of our country increased by 2.3 times compared to the same period last year, copper concentrate exports increased by 22 percent. However, the physical volume…

Macroeconomic overview- May 2022

Macroeconomic overview- May 2022

Total deposits were MNT 18.4 trillion in May 2022, an increase of 321.9 billion or 1.8 percent on the previous month. This is an increase of MNT 354.6 billion or 3 percent on the same period in 2021. Savings in…

Macroeconomic overview- April 2022

Macroeconomic overview- April 2022

At the end of April 2022, the amount of outstanding loan to entities, enterprises and citizens amounted MNT 22.7 trillion, increased by 3.1% from the previous month and increased by 28.9% from the same period of the previous year. Non-performing…

Macroeconomic overview- March 2022

Macroeconomic overview- March 2022

In March, Government revenues increased by 102.2% and expenditures increased by 40% relative to the same period in 2021, resulting in a budget deficit of MNT 257.7 billion. The budget deficit has increased by 167.6  billion MNT from the same period…

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