Mongolia
Economic activity in Mongolia has traditionally been based on agriculture and livestock. Mongolia also has extensive mineral deposits: oil, copper, coal, molybdenum, tin, tungsten, and gold account for a large part of industrial production. As well It possesses deposits of nickel, zinc, wolfram, fluorspar, silver, iron, and phosphate.

Descreptive Data

Unemployment, %10.1
Ages 15-24 Population Ratio, %23.535
Population Over 65, %
Net Migration Rate-4262
EIU Country Risk Score64
Fitch Sovereign RatingB
S&P Sovereign RatingB
Moody's Sovereign RatingB3
Big Mac Index

Economic Data

201620172018
Ability to Pay
Real GDP YOY%1%5.3%7.2%
GDP Value (BLN USD)111113
GDP per Capita (USD)366036404017
Currency Reserves ex Gold (BLN USD)1.22.82.8
Reserves 1Y Chg (%)-0.5%129%-2.1%
Total External Debt (%GDP)
Total External Debt (BLN USD)
Budget Surplus/def (%GDP)
Inflation (Risk)
CPI (yoy %)0.4%6.5%8.2%
Trade Balance
Current Account (% of GDP)-6.3%-10%-15%
Exports (BLN USD)4.65.97.3
Imports (BLN USD)3.44.35.9
Unemployment Rate
Unemployment (%)9.4%9.1%6.6%

Financial Data

201620172018
Equity & Banking Sector (Risk)
1Y Price Change (%) (MSETOP Index)-3.4%66%3.5%
EIU Banking Risk6566
Credit Market (Risk)
10Y Bond Spread (10Y UST)
5Y CDS
Foreign Exchange (Risk)
3 Month Deposit (%)14%11%11%
FX Vol - 3M Implied Vol
Historical 3M Volatility
Real Effective Exchange Rate
Real Rates (%)14%4.2%2.6%

Political Risk

201620172018
Political Risk Exposure
EIU Political Risk
Risk From Doing Business
Ease of Doing Business Rank626462
Starting a Business Rank323659
Risk From Government
WGI Control Of Corruption-0.5-0.5-0.4
WGI Govt Effectiveness-0.1-0.3-0.2
WGI Regulatory Quality-0.08-0.1-0.03
WGI Rule Of Law-0.2-0.3-0.3
Deviation of Mongolia's risk relative to Geo Peers
-100 = min risk100 = max risk,
Less RiskPeer AverageMore Risk