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Compared with the preliminary estimates of Balance of Payments (BOP) which were released on the  April 28, 2016, the revised estimates show that current account deficit has decreased by US$ 88.9 million and capital and financial account deficit has decreased by US$ 172.3 million reached surplus of US$ 140.9 million.  As a result, errors and omission have increased by US$ 83.4 million.

These changes are subject to quarterly survey received from enterprises. Particularly, the reported net operating incomes of foreign entities in mining sector were significantly larger than the estimates in the preliminary BOP and some enterprises paid their debts from banking accounts located abroad.

Main indicators            

Current account deficit stands at US$ 11.1 million, decrease of US$ 17.1 million or 61 percent compared to the same period of the previous year. The change is attributable to improvement in income account deficit by 13 percent with or US$ 29.0 million. Whereas goods account surplus has decreased by 24 percent or US$ 47.2 million. 

Capital and financial accounts showed surplus of US$ 140.9 million, increase of US$ 176.9 million from the previous year which is mainly caused by rise of foreign direct investment in Mongolia by 245 percent or US$ 278.3 million.

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