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  • Balance of Payments for first 10 months of 2016

Balance of Payments for first 10 months of 2016

2016/12/02

Main indicators            

Current account and Capital and Financial account balance totaled to $453.9 million deficit which is 31% or $201.8 million decline compared to the same period of the previous year.

The change was mainly due to decrease of $297.4 million or 35% in income account deficit.

Capital account had surplus of $443.3 million which is declined by $207.1 million or 32% compared to the same period of the last year.

According to the interpretation of 6thedition of Balance of Payments manual, Mongolia has a net borrowing during this period.

Source: Mongolbank

 

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