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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 -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



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