Exports of services as a part of balance of payment rose 39.8% to USD 1.59 bil in Mongolia in 2023, according to the National Statistical Office.
Historically, exports of services as a part of balance of payment in Mongolia reached an all time high of USD 1.59 bil in 2023 and an all time low of USD 0.026 bil in 1993.
Mongolia has been ranked 110th within the group of 151 countries we follow in terms of exports of services as a part of balance of payment, 19 places above the position seen 10 years ago.
Exports of Services (BoP, USD) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
China | USD bil | 234 | 244 | 229 | 339 | 372 | ||||||||||||||||
Germany | USD bil | 364 | 366 | 334 | 412 | 441 | ||||||||||||||||
India | USD bil | 205 | 215 | 203 | 241 | 309 | ||||||||||||||||
Japan | USD bil | 194 | 209 | 164 | 171 | 170 | ||||||||||||||||
Kazakhstan | USD bil | 7.32 | 7.75 | 5.21 | 5.94 | 8.19 | ||||||||||||||||
Kyrgyzstan | USD bil | 0.830 | 1.08 | 0.428 | 0.522 | 1.37 | ... | ... | ||||||||||||||
Mongolia | USD bil | 1.16 | 1.23 | 0.655 | 0.814 | 1.14 | ... | |||||||||||||||
Russia | USD bil | 64.6 | 62.0 | 48.0 | 55.6 | 48.8 | ||||||||||||||||
Tajikistan | USD bil | 0.242 | 0.242 | 0.139 | 0.147 | 0.137 | ||||||||||||||||
USA | USD bil | 866 | 891 | 726 | 805 | 949 | ||||||||||||||||
Uzbekistan | USD bil | ... | 2.75 | 3.13 | 1.70 | 2.30 | 4.32 |