Fiscal Balance in Mongolia
The fiscal balance of Mongolia averaged -3.6% of GDP in the decade to 2022, in line with the Asia-Pacific region's average of -3.6% of GDP. The fiscal balance in Mongolia was 0.7% of GDP in 2022. For more fiscal balance information, visit our dedicated page.
Mongolia Fiscal Balance Chart
Note: This chart displays Fiscal Balance (% of GDP) for Mongolia from 2016 to 2024.
Source: Macrobond.
Mongolia Fiscal Balance Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Fiscal Balance (% of GDP) | -9.2 | -3.0 | 0.7 | 2.7 | 1.4 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Mongol fiscal balance projections for the next ten years from a panel of 4 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable fiscal balance forecast available for Mongol fiscal balance.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Mongol fiscal balance projections.
Want to get access to the full dataset of Mongol fiscal balance forecasts? Send an email to info@focus-economics.com.