Mongolia recorded a Current Account deficit of 46.98 USD Million in May of 2019. Current Account in Mongolia averaged -129.29 USD Million from 1997 until 2019, reaching an all time high of 132.80 USD Million in September of 2006 and a record low of -627.90 USD Million in July of 2012.
Current Account in Mongolia is expected to be -103.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Mongolia to stand at -120.00 in 12 months time. In the long-term, the Mongolia Current Account is projected to trend around -95.00 USD Million in 2020, according to our econometric models.