Latest: United Kingdom 16:15 BoE MPC Member Cunliffe Speaks Forecast: 0

Latest: Japan 01:30 BoJ Board Member Kataoka Speaks Forecast: 0

Latest: Thailand 03:51 GDP Annual Forecast: 0 % Actual: 2.4%

Latest: Japan 01:30 BoJ Board Member Masai Speaks Forecast: 0

Latest: Indonesia 04:00 GDP Annual Forecast: 5.03 % Actual: 5.02%

USD/JPY

105.56

0%

USD/CHF

0.9289

0%

AUD/USD

0.7029

0%

GBP/USD

1.2743

0%

EUR/USD

1.1630

0%

USD/CAD

1.3386

0%

Economy of Mongolia. Statistics, Data and Indicators

Mongolia

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

Mongolia

Business Indicators
Budget Indicators
Money Indicators

Taxes
GDP Indicators
Labor Indicators

Inflation Indicators
Trade Indicators
Consumer Indicators

Production Indicators

Mongolia Major Economic Indicators

Indicator	Data	Period
GDP Value	13.85 USD Billion	2019
GDP Annual Growth Rate	-9.7 %	2Q/20
GDP Growth Rate	6.1 %	1Q/18
GDP per capita	4350 USD	2019
Inflation Rate YoY	2.1 %	Aug/20
Interest Rate	9 %	Aug/20
Unemployment Rate	8.1 %	4Q/19
Wages	1166 MNT Thou/Month \| 405.674 USD/Month	3Q/19
Balance of Trade	179 USD Million \| 0.179 B USD	Aug/20
Current Account	317 USD Million \| 0.317 B USD	Jul/20
Foreign Exchange Reserves	3844 USD Million \| 3.844 B USD	Apr/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	-9.7 %	2Q/20
GDP Growth Rate	6.1 %	1Q/18
GDP per capita	4350 USD	2019
Gross National Product	32738372 MNT Million \| 11.39 B USD	2019
GDP Constant Prices	4453946 MNT Million \| 1.55 B USD	2Q/20
GDP per capita PPP	12310 USD	2019
GDP From Agriculture	601899 MNT Million \| 0.209 B USD	4Q/19
GDP From Construction	336902 MNT Million \| 0.117 B USD	4Q/19
GDP From Manufacturing	547603 MNT Million \| 0.191 B USD	4Q/19
GDP From Mining	1073578 MNT Million \| 0.374 B USD	4Q/19
GDP From Services	958247 MNT Million \| 0.333 B USD	4Q/19
GDP From Transport	564840 MNT Million \| 0.197 B USD	4Q/19
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	-643488 MNT Million \| -0.224 USD Billion	Apr/20
Government Spending	782267 MNT Million \| 0.272 USD Billion	2Q/20
Government Revenues	2866962 MNT Million \| 0.997 USD Billion	Apr/20
Fiscal Expenditure	3320250 MNT Million \| 1.155 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)	126 index points	Jul/20
Food Inflation	4.5 %	Aug/20
Inflation Rate YoY	2.1 %	Aug/20
Producer Prices	123 index points	Jul/20
Inflation Rate Mom	-1 %	Aug/20
Producer Prices Change	-9.6 %	Jul/20

Trade Indicators

Indicator	Data	Period
Current Account to GDP	-12.4 %	2019
Balance of Trade	179 USD Million \| 0.179 USD Billion	Aug/20
Capital Flows	26.56 USD Million \| 0.027 USD Billion	Jul/20
Current Account	317 USD Million \| 0.317 USD Billion	Jul/20
Exports	690 USD Million \| 0.69 USD Billion	Aug/20
External Debt	30814014 USD Thousand \| 30.814 B USD	2Q/20
Foreign Exchange Reserves	3844 USD Million \| 3.844 USD Billion	Apr/20
Imports	511 USD Million \| 0.511 USD Billion	Aug/20

Money Indicators

Indicator	Data	Period
Gold Reserves	17.7 Tonnes	2Q/20
Interbank Rate	8.95 %	Jun/20
Interest Rate	9 %	Aug/20
Money Supply M1	3426464 MNT Million \| 1.192 USD Billion	Apr/20
Money Supply M2	20231824 MNT Million \| 7.039 USD Billion	Apr/20
Central Bank Balance Sheet	3525393 MNT Million \| 1.227 B USD	Dec/19
Deposit Interest Rate	10 %	Jun/20
Foreign Direct Investment	22312 USD Million \| 22.312 B USD	4Q/19

Labor Indicators

Indicator	Data	Period
Retirement Age Men	60	2019
Retirement Age Women	55	2019
Unemployment Rate	8.1 %	4Q/19
Wages	1166 MNT Thou/Month \| 405.674 USD/Month	3Q/19
Employed Persons	1188440 Person \| 1.188 Million Person	4Q/19
Employment Rate	55.7 %	4Q/19
Labor Force Participation Rate	60.7 %	4Q/19
Unemployed Persons	105139 Persons \| 0.105 Million Persons	4Q/19
Wages in Manufacturing	1196 MNT Thousand/Month \| 416.111 USD/Month	3Q/19

Taxes

Indicator	Data	Period
Corporate Tax Rate	25 %	2020
Personal Income Tax Rate	10 %	2019
Sales Tax Rate	10 %	2020
Social Security Rate	26 %	2019
Social Security Rate For Companies	14.5 %	2019
Social Security Rate For Employees	11.5 %	2019

Production Indicators

Indicator	Data	Period
Crude Oil Production	18 BBL/D/1K	May/20
Electricity Production	484 GWh	Apr/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	3097549 MNT Million \| 1.078 USD Billion	2Q/20

Gold Reserves

gold_reserve_icon

17.7

Tonnes

#64 from 114 countries

Foreign Exchange Reserves

gold_reserve_icon

3.844

USD Billion

#89 from 114 countries

Government Budget Value

balance_icon

-0.224

USD Billion

#24 from 113 countries

Inflation Rate

inflation_icon

2.1

%

#22 from 174 countries

Interest Rate

discount_rate_icon

9

%

#25 from 159 countries

Bank Lending Rate

credit_rate_icon

N/A%

#N/A from N/A countries

Unemployment Rate

unemployment_icon

8.1

%

#44 from 171 countries

Wages

salary_icon

405.674

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

1

2

3

4

5

6

7

8

9

10