World Clock / Mongolia / vs China

๐Ÿ‡ฒ๐Ÿ‡ณ Mongolia vs ๐Ÿ‡จ๐Ÿ‡ณ China

Live side-by-side comparison of government debt. China currently owes about 2203.4ร— more โ€” a gap of $19.66 trillion. Updated every second from IMF baselines.

๐Ÿ‡ฒ๐Ÿ‡ณ
Mongolia
$8,927,407,480
Debt-to-GDP42%
Per citizen$2,705
Per second+$22
VS
๐Ÿ‡จ๐Ÿ‡ณ
China
$19,670,817,590,525
Debt-to-GDP96%
Per citizen$13,961
Per second+$25,000
In nominal terms, China carries the larger government debt โ€” roughly 2203.4ร— that of Mongolia, a difference of $19.66 trillion. Note that debt-to-GDP (Mongolia: 42%, China: 96%) is the better measure of sustainability than the raw total.

Analysis

By total government debt, Mongolia ranks 119th-largest and China ranks 2nd-largest among the 137 sovereigns tracked on this site.

On a per-citizen basis the picture can look different from the nominal totals: a resident's notional share of the national debt in China is roughly 5.2× that in Mongolia ($13,961 vs $2,705 per person).

The debt-to-GDP picture is asymmetric here: China sits at 96% of GDP, well above Mongolia's 42%, meaning China owes far more relative to the size of its own economy — even where the nominal, dollar-for-dollar comparison above suggests otherwise.

The gap between them is widening: China's debt is growing faster in dollar terms ($25K/sec vs $22/sec for Mongolia), adding roughly $2,158,099,200 to the difference each day.

Scale is part of the story too: China's population (1.41B) is about 427.0× Mongolia's (3M), which is part of why the nominal and per-capita comparisons above can point in different directions — a government's debt load scales loosely with the size of both its economy and its population, not either alone.

Mongolia and China are both grouped under this site's “Asia-Pacific” region, so this is, in effect, an intra-regional comparison as well.

This analysis is generated automatically from live data as an educational orientation, not financial advice — see the methodology page for definitions and caveats.

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Source: Global Debt Clock, based on the IMF World Economic Outlook (April 2026, general government gross debt) and World Bank IDS.
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