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Economy of Mongolia. Statistics, Data and Indicators

flag
Mongolia
36B- Credit rank #79
N/A Quality of life #
106 Corruption rank#89
81 Ease of doing business#73
Mongolia


Mongolia Major Economic Indicators

Indicator Data Period
GDP Value 13.85 USD Billion 2019
GDP Annual Growth Rate -7.3 % 3Q/20
GDP Growth Rate 6.1 % 1Q/18
GDP per capita 4350 USD 2019
Inflation Rate YoY 2.3 % Dec/20
Interest Rate 6 % Nov/20
Unemployment Rate 7.3 % 3Q/20
Wages 1269 MNT Thou/Month | 444.767 USD/Month 3Q/20
Balance of Trade 419 USD Million | 0.419 B USD Nov/20
Current Account 240 USD Million | 0.24 B USD Nov/20
Foreign Exchange Reserves 3870 USD Million | 3.87 B USD Nov/20


GDP
vvp
13.85
USD Billion
#133 from 174 countries
GDP per capita
vvp
4350
USD
#103 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 13.85 USD Billion 2019
GDP Annual Growth Rate -7.3 % 3Q/20
GDP Growth Rate 6.1 % 1Q/18
GDP per capita 4350 USD 2019
Gross National Product 32738372 MNT Million | 11.474 B USD 2019
GDP Constant Prices 4953102 MNT Million | 1.736 B USD 3Q/20
GDP per capita PPP 12310 USD 2019
GDP From Agriculture  775072 MNT Million | 0.272 B USD 3Q/20
GDP From Construction  132867 MNT Million | 0.047 B USD 3Q/20
GDP From Manufacturing  328351 MNT Million | 0.115 B USD 3Q/20
GDP From Mining  988359 MNT Million | 0.346 B USD 3Q/20
GDP From Services  1065468 MNT Million | 0.373 B USD 3Q/20
GDP From Transport  318446 MNT Million | 0.112 B USD 3Q/20
GDP From Utilities  109162 MNT Million | 0.038 B USD 4Q/19


Budget Indicators

Indicator Data Period
Government Debt to GDP 55 % 2018
Government Budget Value -3711095 MNT Million | -1.301 USD Billion Nov/20
Government Spending 667695 MNT Million | 0.234 USD Billion 3Q/20
Government Revenues 9068245 MNT Million | 3.178 USD Billion Nov/21
Fiscal Expenditure  3320250 MNT Million | 1.164 B USD Apr/20
Government Budget to GDP 1.3 % 2019
Military Expenditure 90 USD Million | 0.09 B USD 2018


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 125 index points Dec/20
Food Inflation 8.5 % Dec/20
Inflation Rate YoY 2.3 % Dec/20
Producer Prices 145 index points Dec/20
Inflation Rate Mom -0.6 % Dec/20
Producer Prices Change  -2.8 % Dec/20


Trade Indicators

Indicator Data Period
Current Account to GDP -12.4 % 2019
Balance of Trade 419 USD Million | 0.419 USD Billion Nov/20
Capital Flows 57.57 USD Million | 0.058 USD Billion Nov/20
Current Account 240 USD Million | 0.24 USD Billion Nov/20
Exports 869 USD Million | 0.869 USD Billion Nov/20
External Debt 31192538 USD Thousand | 31.193 B USD 3Q/20
Foreign Exchange Reserves 3870 USD Million | 3.87 USD Billion Nov/20
Imports 450 USD Million | 0.45 USD Billion Nov/20


Money Indicators

Indicator Data Period
Gold Reserves 15.37 Tonnes 3Q/20
Interbank Rate 7.17 % Nov/20
Interest Rate 6 % Nov/20
Money Supply M1 3914831 MNT Million | 1.372 USD Billion Nov/20
Money Supply M2 23271626 MNT Million | 8.156 USD Billion Nov/20
Central Bank Balance Sheet 5516625 MNT Million | 1.934 B USD Nov/20
Deposit Interest Rate 10.2 % Nov/20
Foreign Direct Investment 23802 USD Million | 23.802 B USD 3Q/20


Labor Indicators

Indicator Data Period
Retirement Age Men 60 2019
Retirement Age Women 55 2019
Unemployment Rate 7.3 % 3Q/20
Wages 1269 MNT Thou/Month | 444.767 USD/Month 3Q/20
Employed Persons 1175986 Person | 1.176 Million Person 3Q/20
Employment Rate  54.7 % 3Q/20
Labor Force Participation Rate 59 % 3Q/21
Unemployed Persons 92616 Persons | 0.093 Million Persons 3Q/20
Wages in Manufacturing 1243 MNT Thousand/Month | 435.654 USD/Month 3Q/20


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 17 BBL/D/1K Sep/20
Electricity Production 593 GWh Nov/20
Industrial Production -9.6 % Jul/20
Mining Production -7.6 % Jun/20
Industrial Production (MoM) 9.1 % Jun/20


Business Indicators

Indicator Data Period
Corruption Index 35 index points 2019
Corruption Rank 106 place 2019
Ease of Doing Business 81 place 2019
Manufacturing Production 0.6 % Jun/20
Competitiveness Index 52.61 Index Points 2019
Competitiveness Rank 102 2019


Consumer Indicators

Indicator Data Period
Consumer Spending 3238354 MNT Million | 1.135 USD Billion 3Q/20


Gold Reserves
gold_reserve_icon
15.37
Tonnes
#64 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
3.87
USD Billion
#89 from 114 countries


Government Budget Value
balance_icon
-1.301
USD Billion
#24 from 113 countries
Inflation Rate
inflation_icon
2.3
%
#22 from 174 countries


Interest Rate
discount_rate_icon
6
%
#25 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
7.3
%
#44 from 171 countries
Wages
salary_icon
444.767
USD/Month
#65 from 82 countries


Retirement Age
man_icon
woman_icon
60
55
men
women
Taxes
company_icon
private_icon
25%
10%
company profits
income of individuals